South African private investment company Ngwenda Gold - which holds extensive gold prospecting rights in South Africa's Free State Province - announced today that its court bid to reverse the hi-jacking' of its identity

Consolidated Thompson's shares dropped two cents to close at $17.11 on Friday after the company announced its shareholders have approved the friendly takeover by Cliffs Natural Resources Inc. Under the deal, made public in mid-January, Cliffs Natural Resources acquired Consolidated Thompson for CDN$4.9 billion (US$4.6 billion) or C$17.27 in cash per common share. The transaction is expected to close in the second quarter.

Fortescue Metals Group has discovered more than one billion tonnes of iron ore in Western Australia's Pilbara and aims to develop it rapidly. Sydney Morning Herald reports: The new project, named Nyidinghu, is about 35 kilometers south of Fortescue's first mine, Cloudbreak, and contained an inferred resource of 1.032 billion tonnes of ore at a grade of 58 per cent iron, the company said.

South Africa’s state-owned African Exploration, Mining and Finance Corp. said it will start producing 800,000 metric tons of coal annually for domestic electricity provider Eskom Holdings Ltd. by June, Bloomberg News is reporting: The company, jointly controlled by the government’s energy and mining ministries, will spend 130 million rand ($18.5 million) building a coal mine in Vlakfontein, about 80 kilometers east of Johannesburg, Chief Executive Officer Sizwe Madondo said at the site today. Production will be increased to 1.68 million tons, with the option of boosting it further to 3 million tons annually, he told hundreds of local residents.

Anglesey’s 41%-owned associate Labrador Iron Mines Holdings Limited (TSX: LIM) has signed an agreement with Tshiuetin Rail Transportation Inc. (“TSH”) for the […]

Pele Mountain Resources has released an NI 43-101 resource estimate for its Eco Ridge uranium and rare earths project in Elliott Lake, […]

Minefinders’ silver production up 72%. Gold and silver output expected to rise in 2011. Q4 EPS 18 cents per share, against last […]

Vale was the most profitable mining company in 2010, says an earnings report released this week by the Brazilian diversified mining giant. […]

“Closing the gap” in the “disadvantage” Aboriginal people experience in employment and education in western NSW is the focus of a new Aboriginal Education and Training Unit, a TAFE Institute director said. The new team of 15 Aboriginal staff located in Dubbo, Bathurst, Orange, Broken Hill and in the north west of the state, has been formed in response to feedback from Aboriginal communities that TAFE could be doing more to meet the needs of Aboriginal people and communities.