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Ivanhoe says Oyu Tolgoi construction 23% complete

Robert Friedland, Chief Executive Officer of Ivanhoe Mines Ltd. (TSX:IVN)(NYSE:IVN)(NASDAQ:IVN), issued an operations update today that reports on progress being achieved on the development of principal projects in the portfolios of the parent company and its subsidiaries and associated interests. Key developments: Full-scale construction at Ivanhoe Mines' flagship Oyu Tolgoi copper-gold-silver mining complex is continuing toward a projected peak level of activity that is expected to be reached during the third quarter of this year. The total number of workers engaged at the Oyu Tolgoi construction site has more than doubled since March 1, 2011, as part of the build up to the peak of construction and currently stands at 12,497.

Gold-Ore announces increased gold production in second quarter

Gold–Ore Resources Ltd. (TSX:GOZ) today released Second Quarter (ending May 31, 2011) production results for the 100% owned Bjorkdal Gold Mine in Sweden. During the second quarter the mine produced 11,131 ounces of gold, an increase of 11% over the first quarter; during the month of May the mine set a new monthly gold production record of 4,208 ounces. The company projects 2011 gold production at 44,000 to 46,000 ounces.

Two miners killed at Canadian nickel operation

Two workers died after they were hit by waste debris being removed from Brazilian miner Vale's (VALE5.SA) Stobie underground copper-nickel mine in Sudbury, Ontario, officials said on Thursday. The employees were working in a shaft about 1,000 metres below the surface on Wednesday evening when the accident occurred, and were dead when rescuers reached the scene, the company said.

Anfield Nickel closes in on 100-million-tonne target

To show-off its size in a nickel belt with the likes of Hudbay Minerals as a neighbour, Anfield Nickel (TSX-V: ANF) set 100 million as a key tonnage threshold to cross at its Mayaniquel nickel project in Guatemala. In its latest resource update, Anfield clawed ever closer to the self-imposed target, important perhaps psychologically more than anything.

Copper falls to one-week low

Bloomberg reports that copper fell to a one-week low. The market news is quoted as saying: Copper futures for July delivery declined 2.4 cents, or 0.6 percent, to $4.0845 a pound at 9:58 a.m. on the Comex in New York.

MetaPower International receives purchase orders totaling $1,777,320 for management services with a major oil sands energy company

MetaPower International, Inc. (OTCPK: MTPR) is pleased to announce that the Company's subsidiary, MetaPower Canada, Ltd, has received additional purchase orders totaling $1,777,320 CD from a Canadian Energy Company's facility in the Oil Sands Region of Northern Alberta, Canada. The orders are for 1) Continued work on development, calculation and reporting of key performance indicators, 2) On-going work on the Process Safety Management project, 3) Work on the Business Process Management initiative.

Strike weakens at Chile copper mine

Reuters reports that half of contractors in a strike at Chile's El Teniente mine have ended their strike. The market news is quoted as saying: Mine owner Codelco [CODEL.UL] expects to lift output to 51 percent capacity on Thursday after the world's top underground operation slowed production to 40 percent capacity over the weekend to protect staff workers amid escalating violence by protesters.

Capella discovers two new mineralization zones at Lajitas

Capella Resources Ltd. (TSX VENTURE:KPS)(PINK SHEETS:CPSJF) is pleased to announce that it has discovered two new mineralization zones at its Lajitas gold-copper project in northern Chile as a result of the recently completed airborne hyperspectral imaging survey by SpecTIR LLC of Reno, Nevada.

United Silver reorganizes, says expansion on target for Q4

United Silver Corp. (formerly United Mining Group) on Thursday updated progress on the joint venture with New Jersey Mining Company which was established to secure near-term milling capacity for the Crescent Silver Mine project, through funding a $2.5m expansion program. The expansion program remains on budget and on schedule for completion in the fourth quarter of 2011, the company said. United Silver Corp. is earning, through development and operations, an 80% interest in the Crescent Silver Mine in Idaho's prolific Silver Belt - directly between two of the world's historically largest silver producing properties, the Sunshine and Bunker Hill mines.