UBS AG bought and transferred in a net 22,680,060 Guildford Coal Ltd shares between May 10, 2011 and September 8, 2011, becoming a substantial holder with 22,680,060 shares (5.43%).

Medusa Mining Ltd advised the annual update of the JORC compliant ore reserve estimate for the Co-O Mine in the Philippines now stands at a probable reserve of 502,000 ozs contained in 1.5 million tonnes at 10.1 gpt Au.

Financial and resources stocks led the local sharemarket's remarkable recovery at noon, with a number of blue chips trading at more than four per cent stronger. The big four banks made impressive gains, with Commonwealth Bank lifting 2.34 per cent to $48.09 after it reported a lift in full year cash profit.

AngloGold will this week update its full year gold production guidance after heavy rain earlier this year caused output to fall at its Sunrise Dam mine in WA. The rain in February flooded the underground operation, triggering a wall collapse and causing

Anglo-Swiss mining giant Xstrata said on Tuesday its first half net profit jumped 27 per cent to $US2.9 billion and that it expected even better earnings for the second half. "A substantially stronger financial performance in the first half reflected growing demand for our products from emerging Asian economies and recovering Western markets," Xstrata chief executive Mick Davis said in a statement.

After a horror few months for Murchison Metals, the Pilbara iron ore miner has at least posted positive production and shipping results. Murchison was forced to admit last month it didn't have the funds for the $5.94 billion stalled Oakajee port and rail

Downer EDI Ltd has secured contract worth more than $400 million with mining giant Xstrata Coal for development of a coal handling and preparation plant (CHPP) at its Ravensworth North Coal Project. The project, expected to secure over 400 jobs in the

OZ Minerals Ltd in its quarterly report announced Prominent Hill contained metal production was 28,017 tonnes copper and 44,219 oz total gold for the June quarter.

WINDHOEK - Workers at Rio Tinto Ltd's Rossing uranium mine in Namibia have returned to work after a three-day illegal strike, the company said, while talks to resolve the wage dispute are set to resume. "The strike is over and the workers are back at

Continental Coal Ltd director Jason Brewer indirectly bought 250,000 shares on-market on July 15, 2011.He holds and has interests in 1,200,000 shares and 50,000,000 options.

Analysts expect mining giant Rio Tinto will reveal a quarter-on-quarter production rise later after rain hampered many of its Australian operations in the three months to March.

Source: News BitesHighlands Pacific Ltd announced joint venture partner Xstrata Copper has completed infill drilling at the Frieda copper gold project in PNG with an updated resource estimate due in August prior to formal delivery of a bankable