Ecometals Limited (CVE:EC) announced the signing of a nonbinding Memorandum of Understanding to form a Joint Venture company with Jipa y Asociados.
KAT Exploration (PINK: KATX) informed its shareholders and the investment community that the company is now ready to begin drilling on its 100% wholly owned Rusty Ridge Iron Oxide Copper Gold (IOCG) property.
Global miner Rio Tinto (ASX:RIO) looked set to abandon its $116 billion iron-ore joint venture with rival BHP Billiton (ASX:BHP, a deal unpopular with customers, regulators and many of Rio Tinto's own investors.
Singapore-based company Sin-Tang Developments reported that it is planning a counterproposal to coal and base metals miner Xstrata's (LON:XTA) A$428 million ($416 million) offer for Australian-listed Sphere Minerals (ASX:SPH).
Australian iron ore miner Murchison Metals (ASX:MMX) reported a halt to trading in its shares on Monday after the stock plunged 12 percent on a media report that its Oakajee port and rail project was in doubt.
VVC EXPLORATION CORPORATION (CVE:VVC) announced the results of an Air Trac drilling Program on its Cumeral Property located in Sonora State, Mexico.
Baffinland Iron Mines Corporation (TSE:BIM) announced high grade iron assay results from the first holes drilled at Deposit No. 5.
Kazakh miner ENRC (LON:ENRC) has agreed to pay $670 million to expand its presence in Brazilian iron ore and further diversify into another emerging market, Latin America.
First Point Minerals Corp. (CVE:FPX) announced that the three final diamond drill holes for the 2010 field season have been completed on the Sidney target at the Decar Nickel-Iron Alloy property northwest of Fort St. James, British Columbia.
Advanced Explorations Inc. (CVE:AXI) announced encouraging iron results on two of its recent property acquisitions as press released on August 23rd, 2010.
Friday, October 8, 2010