Entree Gold Receives Mongolian Mining Licences

Entree Gold Inc. announces that its application for conversion of the Shivee Tolgoi and Javhlant exploration concessions to mining licences has been approved by the Mineral Resources Authority of Mongolia and the licences have been received. The eastern portion of the Shivee Tolgoi licence and the entire Javhlant licence are subject to a joint venture with Ivanhoe Mines Ltd., through its subsidiary,... 

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SouthGobi Energy Resources Receives Mining Licence For Tsaagan Tolgoi Coal Deposit

Alexander Molyneux, President of SouthGobi Energy Resources Ltd. announced that Mongolian authorities have issued a mining licence for the Tsaagan Tolgoi coal property that is held by the company’s Mongolian subsidiary, Southgobi sands LLC. The Tsaagan Tolgoi property is in the South Gobi Region, approximately 415 kilometres east of SouthGobi’s Ovoot Tolgoi coal mine. An independent NI... 

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Centerra Gold Operating Licenses Reinstated at the Boroo Mine

Centerra Gold Inc. announces that the Chairman of the Minerals Resources Authority of Mongolia has issued a decree reinstating the Boroo Mine’s main operating licenses. The decree annuls the earlier suspension order received by the Company on June 12, 2009. The Company expects that the Boroo mine will resume full mining and milling operations in the next few days. The Company is continuing its... 

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Denison Mines Corp. Closes CDN $82,000,000 Bought Deal Financing

Denison Mines Corp. announce that it has closed its previously announced “bought deal” financing. Denison has sold to a syndicate of underwriters 40,000,000 common shares at $2.05 per common share to raise gross proceeds of $82,000,000. The Company has also granted the syndicate an option to purchase up to an additional 6,000,000 common shares at $2.05 per share exercisable within thirty... 

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SouthGobi Energy Resources Sells Its Metals Division to Ivanhoe Mines

Peter Meredith, Chief Executive Officer of SouthGobi Energy Resources Ltd., announced today that the company has sold, subject to regulatory approval, its Metals Division to Ivanhoe Mines Ltd. for US$3 million. The Metals Division consists of certain base and precious metals properties in Mongolia and Indonesia. The transaction will enable SouthGobi Energy Resources to focus solely on its principal... 

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Molybdenum Market Review – Now Available

Research and Markets has announced the addition of the “Molybdenum Market Review” report to their offering. This report focuses on global Molybdenum markets. * It provides region analysis on molybdenum production. * It features major molybdenum producers, prices, supply and demand conditions, international trade, etc. * The review also includes future outlook of the world Molybdenum... 

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Ivanhoe Mines Makes Another High-Grade Discovery of Gold and Copper at the Oyu Tolgoi Project in Mongolia

John Macken, President and CEO of Ivanhoe Mines Ltd., and Doug Kirwin, Executive Vice-President, Exploration, today announced additional details of the exploration drilling at the company’s Oyu Tolgoi Project in Mongolia that has discovered a new zone of high-grade gold and copper mineralization, which has characteristics of the earlier high-grade discoveries at the Hugo Dummett and Southwest... 

Denison Mines Corp. Announces Postponement in Midwest Project and Suspension at Tony M Mine

Denison Mines Corp. announced that the owners of the Midwest joint venture consisting of AREVA (69.16%), OURD (5.67%) and Denison (25.17%) have determined that the development of the Midwest Project will be postponed due to current economic conditions. The status of the project will be reviewed every six months. The postponement is a result of the current economic climate, delays and uncertainties... 

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Arehada Announces Temporary Mine and Plant Shut Down

Arehada Mining Limited announced that it has initiated a temporary shut down of its operations at its mine and zinc plant. Arehada China has made dramatic reductions in its operational costs and other expenditure over the last several months. However, current zinc and lead prices have made the mine and zinc plant unprofitable. Accordingly, the operations are being suspended to prevent operational losses.... 

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SouthGobi Energy Resources Confirms High Quality Metallurgical Coking Coal at the Mamahak Coal Project in East Kalimantan, Indonesia

Peter Meredith, Chief Executive Officer of SouthGobi Energy Resources Ltd., and Gene Wusaty, Chief Operating Officer, Coal Division, announced today that the company has received independent laboratory analysis of a recent bulk sample that confirms high volatile, high-fluidity metallurgical coking coal at the Mamahak coal project in East Kalimantan, Indonesia. SouthGobi owns 85% of the Mamahak coal... 

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