State-controlled uranium miner Atomredmedzoloto will be in charge of developing Elkon and other deposits. The company plans to produce 10,000 tonnes a year of uranium by 2015, more than three times what it produced last year. (Reporting by Polina Devitt, writing by Robin Paxton; Editing by David Cowell) - ST PETERSBURG, Russia, June 8 - [...]

Nevoro Inc. (”Nevoro”) (Toronto:NVR.TO) is pleased to announce that Aurora Platinum Exploration Inc., (formerly Aurora Metals (BVI) Limited), (OTC BB:AUPXF.OB) (”Aurora”) has received approval, of its common shareholders at its special shareholders meeting held yesterday (the “Meeting”), 97 % of the votes cast by the Aurora Shareholders voting in person or by proxy at the [...]

Royal Resources announced that through its JV partner Gindalbie Metals, is currently undertaking an aggressive drilling campaign of Direct Shipping Ore mineralisation at the Shine Prospect under the Warriedar JV. Ongoing surface geological mapping and surface sampling completed in 2007 and early 2008 had identified a prospective strike length of 850m of mineralised banded iron [...]

China’s Sinosteel Corp. said Wednesday it has boosted its stake in Australian iron ore miner and developer Midwest Corp. to 28.4 percent, from 19.9 percent.
The Chinese metals trader, which is battling Murchison Metals Ltd. for Midwest, is bidding 1.36 billion Australian dollars (US$1.3 billion; ?830 million) in an offer that ends June 13.
Sinosteel had 60.4 [...]

Another British-owned mining firm, Semco Exploration and Mining Corp. has been granted two exploration permits by the Department of Environment and Natural Resources (DENR) to search for gold, copper and other minerals in Agusan del Norte.
Semco is 99.98-percent owned by Semco Minerals Plc, is investing a total of P6.325 million to conduct a two-year exploration [...]

Acadian Mining Corporation (TSX: ADA; “Acadian” or the “Corporation”) announced today that it has acquired 50% of the outstanding shares (”Shares”) of 6179053 Canada Inc. (”6179053″) as well as a shareholder’s loan in the amount of $68,745 for an aggregate purchase price of $1,068,745. 6179053’s only asset is the Fifteen Mile Stream gold property comprising [...]

Bancroft Uranium Inc. today wishes to advise the public as to the Company’s strong ongoing commitment to environmental principals, the health of its workers, the community and to the overall protection of the environment.
Bancroft believes that the production of emissions-free electricity via nuclear power generation is the only form of energy for the future that [...]

Radisson Mining announced it had entered into a Conditional Sale/Purchase Agreement for the purchase of 48 mining claims located in the township of Beauchastel in the Province of Quebec. This property was identified as the RM Nickel Property. Results of metallurgical tests recently received from SGS Lakefield Research Limited of samples generated from Radisson’s drill [...]

Norilsk Nickel is targeting a supplementary listing on the London Stock Exchange for the beginning of July, said the Russian metals giant’s chief executive, Denis Morozov.
“The listing will broaden the base for investors, give us more liquidity and, in time, a higher capitalization,” Interfax quoted Morozov as saying.
Norilsk initially had intended to list in London [...]

Head of Interros and one of the main shareholders of Norilsk Nickel Vladimir Potanin has recommended the managers of the Russian mining and metallurgical company to launch a new round of talks with UC RUSAL on the divestment of energy assets into an independent company, the Russian businessman told journalists today. Potanin noted that he [...]