INTERNATIONAL BARYTEX RESOURCES LTD. advises that in regard to the contract review process the Democratic Republic of Congo (”DRC”) is undertaking, East China Capital Holdings Ltd (”ECCH”), a subsidiary controlled by the Company, has received a proposal from Generale des Carrieres et des Mines (Gecamines) to revise the Gecamines-ECCH agreement in regard to the Shituru [...]

China is finding it harder than expected to clear out iron ore stocks that are overwhelming its ports, a senior official said on Wednesday, as stocks creep up past 80 million tonnes.
Severe congestion at northern Chinese ports is contributing to a rise in freight rates, which hit all-time highs last week.
That in turn has weakened [...]

Uranium explorer Brinkley Mining saw its shares rise sharply as it confirmed it had received an early stage bid approach.
“The company notes the movement in its share price today and confirms that it has received an approach which might lead to an offer being made for its shares,” it said in a brief statement.

Atlas Iron has released an update regarding its Pardoo and Abydos iron ore projects. Highlights include 20m @ 62.4 % Fe from 14m in PDRC648 and 14m @ 58.4 % Fe from 28m in PDRC721.
Original Announcement: Iron Ore Exploration Update

The Democratic Republic of the Congo aims to not only revive its traditional copper sector, but diversify by exploiting potentially huge iron ore and bauxite deposits, Mining Minister Martin Kabwelulu said on Monday.
“Diversification of production is a key strategy,” he told a base-metals conference in Namibia.
The Democratic Republic of the Congo was once one of [...]

China aims to produce 193 million tonnes of oil and 92 billion cubic metres of natural gas by 2010, according to an energy blueprint released by the National Development and Reform Commission (NDRC) on April 10.
While the target represents a mere 5% growth in oil output compared to last year, or 2.12% in annual growth, [...]

The Aluminum Corporation of China Ltd. (Chalco) has applied to the National Development and Reform Commission (NDRC) for approval to develop bauxite mines in and around
the Mamou Region of the African country of Guinea, the NDRC announced
today.
Chalco plans to [...]

China’s stainless steel output for 2006 totaled 5.3 million Metric Tonnes, a year over year increase of 67.68%. The National Development and Reform Commission stated last week that this sector is expected to further grow by 8% this year. The NDRC predicts prices to rise gradually in 2007 with a focus mainly on technological upgrades [...]

Following news of BHP Billiton’s [NYSE:BHP] interest in a very early stage DRC bauxite project, Marius Klopper, an executive director, says his company is also looking at a stake in Global Alumina’s [TSX:GLA-U] Republic of Guinea-based deposit containing the same commodity.
Bauxite is aluminium ore which is smelted into alumina and then refined into aluminium.
The company [...]

Drilling results include 211.68 metres grading 2.41 g/t Au, 91.63 metres grading 2.16 g/t Au, 55.90 metres grading 5.99 g/t Au and 11.30 metres grading 5.05 g/t Au
Toronto, Canada – January 23, 2007 - Banro Corporation is pleased to announce further results from the Company’s core drilling program at its wholly-owned Twangiza project, located [...]