South African miner Assore reports profit fall on stronger rand

TORONTO, ONTARIO--(Marketwire - Sept. 8, 2011) - Auryx Gold Corp. ("Auryx" or the "Company") (TSX:AYX)(NSX:AYX) is pleased to announce the discovery of two distinct zones of massive iron-oxides ("Fe-oxides") overlying and peripheral to the Otjikoto gold deposit. Both zones occur at and near surface and have been named the Main Magnetite Zone ("MMZ") and the Magnetite 1 Zone ("M1Z"). Geophysical work suggests the Fe-oxide mineralization has a potential strike length of 6km. Please follow the link to view a plan view of the magnetic anomaly:http://auryxgold.com/projects/otjikoto_drill_program/mag_anomalies/

Guinea's parliament adopted a new mining code that more than doubles the share the West African state can take in mining projects to 35 percent and toughens procedures for acquiring development permits, the government said on Saturday.

HudBay Minerals (TSX: HBM)(NYSE: HBM) announced on Friday that it had completed the sale of the Fenix ferro-nickel project in Guatemala to the […]

Market research house BMI has over the past quarter made an upwards revision to its forecast for Zambian copper output for this year, increasing it to 913 000 t, up from 877,000 t.

SASKATOON, SASKATCHEWAN--(Marketwire - Sept. 8, 2011) - Great Western Minerals Group (TSX VENTURE:GWG) (OTCQX:GWMGF) ("GWMG") is pleased to announce the selection of Drillcorp Africa (Pty) Ltd. ("Drillcorp") as the drill contractor for the upcoming exploration and resource evaluation program at the Company's Steenkampskraal Rare Earth Element ("REE") project in South Africa.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 7, 2011) - ("Stronghold" or the "Company") (TSX VENTURE:Z) The Company is pleased to announce that it has entered into a Letter of Intent with Mowasi Gold Corp. ("Mowasi") whereby Stronghold has agreed to acquire a ninety-five (95%) interest in the 23 prospecting permits medium scale and 8 mining permits medium scale (collectively the "Concessions") in which Mowasi has an exclusive interest and which are contiguous to the Company's Eagle Mountain Project in Guyana under the following terms and conditions:

African Barrick Gold, which has four gold mines in Africa's fourth largest gold producer Tanzania, said on Wednesday it was planning to cross-list on the country's bourse by the end of this year.

Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) announced today that it has made two significant gold discoveries on the Company's 100%-owned Cortez property in Nevada(1). These two discoveries, known as Red Hill and Goldrush, are located on highly prospective ground, six kilometers southeast of the Cortez Hills mine and 24 kilometers southeast of the Pipeline mine. Based on the results of wide spaced drilling, the Company has outlined two zones of gold mineralization along a seven kilometer long trend.

Zimbabwe said on Tuesday it could prosecute or cancel the mining licence of Zimplats, the local unit of Impala Platinum, for failing to agree to transfer majority ownership to local blacks, piling pressure on the firm to strike a deal. However, Indigenisation and Economic Empowerment Minister Saviour Kasukuwere, who is leading the drive to increase Zimbabweans' control of the economy, said Harare had reached an agreement with Rio Tinto's Murowa mine and a deal was "imminent" for Aquarius' Mimosa mine. The deals with Rio and Acquarius put the squeeze on Zimplats' parent, the world's number two platinum producer, which risks losing its concessions to others, especially the Chinese, who are favoured by President Robert Mugabe.