China Mineral Acquisition Corp. (OTCBB:CMAQ) has abandoned its plan to merge with Ivanhoe Energy Inc.’s (TSX:IE) China-based oil and gas operating subsidiary, Sunwing Energy Ltd., Ivanhoe said Monday.
Instead, Vancouver-based Ivanhoe Energy will retain full ownership in its Chinese operating unit. In February, Ivanhoe announced it had signed a non-binding deal to merge Sunwing with China [...]

Mines ministers from the Government of Canada, the provinces and the territories concluded the 63rd Annual Mines Ministers’ Conference yesterday by agreeing to a mining Action Plan for Canada.
The federal-provincial-territorial Action Plan will guide intergovernmental initiatives that are critical to the long-term future of the industry. The goals of the agreement are to strengthen the [...]

The changing situation of the Derby fire in Stillwater and Sweet Grass counties has prompted Stillwater Mining Company management to take precautionary measures and cancel the night shift August 30th for employees at the Stillwater Mine, near Nye, Montana.
While there is no imminent threat to the Stillwater Mine, the safety of the employees is the [...]

Goldcorp Inc. and Glamis Gold Ltd. announced today that they have agreed to combine in a US$21.3 billion transaction to create one of the world’s largest gold mining companies. The new company will continue under the name Goldcorp Inc.
Under the terms of the transaction, which is structured as a Plan of Arrangement, Glamis’ common shareholders [...]

EXPLORER Metallica Minerals says it is moving to a pre-feasibility study of the company’s North Queensland nickel and cobalt (NORNICO) project.
Metallica Minerals managing director Andrew Gillies said yesterday the company was encouraged by the findings of a scoping study and had initiated a pre-feasibility study which was expected to be completed within six months.
The study [...]

PHILEX Mining Corp. has declared a cash dividend of 0.05 pesos per share, subject to approval by its creditors.
The record and payment dates will be fixed after the creditors approve the planned payout, the company told the stock exchange.
(One dollar = 50.95 pesos)

Collection of 50 and 100 tonne samples in progress on North Anomaly and Hibou dykes
Robert T. Boyd, President and CEO of Ashton Mining of Canada Inc. (“Ashton” or the “Corporation”), is pleased to report early success from the Quebec summer exploration program with the discovery of a new diamondiferous dyke on the Foxtrot property. Additionally, [...]

The newly published Mining Information Kit for Aboriginal Communities should be required reading for any mining stakeholder, institutional or retail investor, NGO, regulator, journalist, hedge fund, student, academic, or any exploration or mining professional who has any interest in or dealings with the international mining industry.
While the goal of the kit is to increase the [...]

Most Hardin County homeowners could pay less in property taxes this coming year, thanks to increased mineral exploration offsetting the timber value loss due to Hurricane Rita, County Judge Billy Caraway said.
In Sour Lake, for example, property owners could see their tax bill drop by as much as $160 on a $100,000 home. Their counterparts [...]

Bayou City Exploration, Inc. announces that it has purchased 100% of the mineral interest in approximately 427.28 gross/net acres located in the McCampbell Subdivision near the town of Aransas, Texas.
The purchase, made at a competitive auction, is key to Bayou City’s planned development of the McAllen West Prospect, which is estimated to contain potential project [...]