Yahoo! Canada Finance: Steel & Iron Industry News

Artha Appoints David Cohen to Its Advisory Board

Wed, 04 Nov 2009 18:42:59 GMT

Marketwire - Artha Resources Corporation (TSX VENTURE:AHC) is pleased to announce that Mr. David Cohen has joined...

Svit Gold announces negotiation to acquire resource property

Wed, 04 Nov 2009 18:37:33 GMT

CNW Group - Svit Gold Corp. (the "Company") reports that it has entered into advanced negotiations to acquire a resource property in North America.

Allana Resources Announces $2 Million Private Placement and a Strategic Off-Take/ Financing Deal With a Chinese Mining Group

Wed, 04 Nov 2009 18:27:30 GMT

Marketwire - Allana Resources Inc. (TSX VENTURE:AAA) ("Allana" or the "Company"), is pleased to announce that following the review of several proposals to participate in Allana's potash project in Ethiopia (the "Project") (See News Release dated October 28, 2009), Allana has decided to enter into a strategic offtake/financing agreement (the "Offtake/Financing Agreement") with China Mineral United Management Ltd ("China Mineral") and announces an initial $2 million private placement financing with China Mineral (the "Strategic Investment").

Record Year for Mining Financing on Toronto Stock Exchange

Wed, 04 Nov 2009 18:21:52 GMT

CNW Group - 2009 has been a record year for financing raised by mining companies listed on Toronto Stock Exchange.

Oro Gold Provides Drill Update on Trinidad Gold Project, Sinaloa, Mexico

Wed, 04 Nov 2009 18:20:28 GMT

Marketwire - Oro Gold Resources Ltd. ("Oro Gold") (TSX VENTURE:OGR) reports that drilling continues with three diamond drill rigs, with approximately 5,000 metres completed to date in 2009.

Kent Exploration Inc.: Alexander River Exploration Program Commences, NI-43-101 Report Commissioned

Wed, 04 Nov 2009 18:08:23 GMT

Marketwire - Kent Exploration Inc. (the "Company") (TSX VENTURE:KEX) reports that it has commissioned Dr. Gerald Ray,...

Killdeer Minerals Inc. Completes Wildcat Drill Program

Wed, 04 Nov 2009 18:05:51 GMT

Marketwire - Killdeer Minerals Inc. (TSX VENTURE:KMI) ("Killdeer") (the "Company"), has completed its diamond drill program on the Wildcat property located 100 km west of the town of Watson Lake, Yukon, and consisting of 94 contiguous minerals claims.

Luiri Gold Completes C$7.69 Million Financing With Euroz Securities Limited

Wed, 04 Nov 2009 18:04:19 GMT

Marketwire - Luiri Gold Limited (TSX VENTURE:LGL) ("Luiri Gold") is pleased to announce that Euroz Securities Limited ("Euroz") has successfully completed the raising of A$8 million (approximately C$7.69 million) to advance exploration at its Luiri Hill Gold and Nambala Iron Projects in Zambia.

Laurion Mineral Exploration Inc. Announces Extension of Warrants

Wed, 04 Nov 2009 18:00:07 GMT

Marketwire - Laurion Mineral Exploration Inc. (TSX VENTURE:LME) (the "Corporation") is pleased to announce that an application has been approved by the TSX Venture Exchange to extend the term of the 11,285,150 warrants issued by the Corporation on November 16, 2007 (the "Warrants").

Goldrea Resources Corp.: 20,000 Tonnes Stock Pile Currently Being Processed

Wed, 04 Nov 2009 17:44:06 GMT

Marketwire - Larry W. Reaugh, President and Chief Executive Officer of Goldrea Resources Corp. (TSX VENTURE:GOR)(PINK...

Preliminary Resource Estimate for Aurizon Central Zone Nears Completion

Wed, 04 Nov 2009 17:42:58 GMT

CNW Group - GWR Resources Inc. (TSX Venture: GWQ) is pleased to report exploration results from its Lac La Hache porphyry copper project, highlighted by near-completion of a preliminary resource estimate for the gold-rich Aurizon Central (copper-gold porphyry) Zone, one of several prospects on the property.

Research and Markets: Morocco Mining Report Q4 2009 - The Economically Vital Mining Sector Is Dominated By Phosphates, Which Account For 92% of Minera

Wed, 04 Nov 2009 17:40:24 GMT

Business Wire - Research and Markets (http://www.researchandmarkets.com/resea rch/65f11f/morocco_mining_rep) has announced the addition of the "Morocco Mining Report Q4 2009" report to their offering.

2-for-1 Split of The Beard Company's Common Stock, Effective November 2, 2009, Not Reflected on the OTC Bulletin Board.

Wed, 04 Nov 2009 17:37:30 GMT

PRNewswire - The Beard Company (OTC Bulletin Board: BRCO) today advised that its previously announced 2-for-1 common stock split, effective at 4:00 p.m. Eastern time on November 2, 2009, has not yet been properly reflected on the OTC Bulletin Board.

Donner Metals Financing Update

Wed, 04 Nov 2009 17:35:12 GMT

Marketwire - Mr. David Patterson, Chairman of Donner Metals Ltd. (TSX VENTURE:DON)(FRANKFURT:D4M), reports that further...

Drilling on the South Bend Property, Ring of Fire, James Bay Lowlands-Six Holes Have Intersected Favourable Sulphide Mineralization in Ultramafic Rock

Wed, 04 Nov 2009 17:32:50 GMT

Marketwire - Tribute Minerals Inc. (the "Company" or "Tribute") (TSX VENTURE:TBM) is pleased to provide a progress update on its fall exploration program of the Sunday Anomaly VTEM targets located in the "Ring of Fire" property package of the James Bay Lowlands.

Skyharbour Closes Non Flow-Through and First Tranche of Flow-Through Private Placements

Wed, 04 Nov 2009 17:29:45 GMT

Marketwire - Skyharbour Resources Ltd. (TSX VENTURE:SYH) (the "Company") announces that further to its news release dated October 6, 2009, it has issued a total of 3,000,000 non flow-through units at a price of $0.05 per unit and issued a further 2,025,000 flow-through units, as a first tranche closing, at a price of $0.07 per unit to raise total proceeds of $291,750.

U. S. Steel Senior Vice President-Public Policy & Governmental Affairs Terrence D. Straub To Retire; Executive Responsibilities of James D. Garraux Ex

Wed, 04 Nov 2009 17:29:44 GMT

PRNewswire - United States Steel Corporation (NYSE: X) Chairman and Chief Executive Officer John P. Surma today announced...

Tawsho Mining Inc. Announces Change of Auditor

Wed, 04 Nov 2009 17:29:13 GMT

Marketwire - Tawsho Mining Inc. (the "Corporation" or "Tawsho Mining") (TSX VENTURE:TAW) is pleased to announce that the Board of Directors have appointed McGovern, Hurley, Cunningham LLP, of Toronto, Ontario (the "Successor Auditors") as the auditor of the Corporation effectively immediately.

Northern Shield Resources Identifies Strong VTEM Conductors at Wabassi Ni-Cu-PGE Property in Northern Ontario; Mobilizes Field Crew

Wed, 04 Nov 2009 17:24:55 GMT

CNW Group - Northern Shield Resources Inc. ("Northern Shield") (TSX-V: NRN) is pleased to announce that it has identified three very distinct and significant electromagnetic (EM) anomalies from a VTEM survey previously completed by it at its 100% owned Wabassi property in northern Ontario.

Boart Longyear Receives BHP Billiton Olympic Dam Vendor of the Year Award

Wed, 04 Nov 2009 17:02:31 GMT

Business Wire - Boart Longyear (ASX: BLY) has been recognized as the 2009 recipient of the prestigious Olympic Dam “Vendor of the Year” award for 2009.

Golden Goose to begin a 3,000-metre drilling program at its Magino gold project

Wed, 04 Nov 2009 16:57:38 GMT

CNW Group - Golden Goose Resources Inc. (TSX-V: GGR) (the "Company") is pleased to announce that it has retained the services of Bradley Brothers Ltd. of Rouyn-Noranda to carry out drilling at its Magino gold property near Wawa, Ontario.

First Gold Exploration Inc.: Corporate Update

Wed, 04 Nov 2009 16:52:07 GMT

Marketwire - First Gold Exploration Inc. (TSX VENTURE:EFG)(FRANKFURT:F12) is pleased to announce that for the last 4 months, (50-50 JV partners) First Gold Exploration and X-Ore Resources (TSX:XOR) have been working with engineering firms in order to complete the required reports in view of the underground permitting applications for the Croinor Project.

Excellon Provides Q1 Operational Update

Wed, 04 Nov 2009 16:49:22 GMT

Marketwire - Excellon Resources Inc. (TSX:EXN) is pleased to announce the following unaudited key operational performance measures from the Platosa mine and Miguel Auza mill for the three-month period ended October 31, 2009.

Radius Reports Good Progress by B2 Gold in Nicaragua

Wed, 04 Nov 2009 16:47:09 GMT

PRNewswire - Radius Gold Inc. (TSX-V: RDU) is pleased to report that B2Gold ("B2") has provided an update on recent exploration at the Trebol and El Pavon gold properties in Nicaragua.

Eagle Plains/Windstorm Complete Fieldwork on Kalum Gold Property, New High-Grade Prospecting Discovery Announced

Wed, 04 Nov 2009 16:37:30 GMT

Business Wire - Eagle Plains Resources (TSX-V:EPL) has completed a $100,000 mineral exploration program on the Kalum property.

PC Gold Expands Conduit Discovery, Number of Conduit Gold Zones Increases to Three

Wed, 04 Nov 2009 16:35:54 GMT

Marketwire - PC Gold Inc. (TSX:PKL) is pleased to provide an update on ongoing drilling of the new, near surface, Conduit Zone discovery at Pickle Crow.

WTM Intersects 118.20 Metres Grading 1.03 g/t Gold at Golden River West

Wed, 04 Nov 2009 16:35:02 GMT

Marketwire - - High Grade Subzone Returns 5.72 g/t Gold Over 5.00 Metres

Champion Appoints Director

Wed, 04 Nov 2009 16:34:50 GMT

Marketwire - CHAMPION MINERALS INC. ("Champion" or the "Company") (TSX VENTURE:CHM) is pleased to announce the appointment of Mr.

Acadian Mining intersects 53 meters grading 2.25 g/t gold including 21 meters grading 4.99 g/t gold at Beaver Dam, Nova Scotia

Wed, 04 Nov 2009 16:30:44 GMT

CNW Group - Acadian Mining Corporation (TSX: ADA) ("Acadian" or the "Company") announced the results of the first 3 diamond drill holes of the recently completed 13 hole program totalling 2360.5 meters on the Beaver Dam gold property, Nova Scotia.

ShengdaTech, Inc. Receives Approval for NPCC Acquisition in Anhui Province

Wed, 04 Nov 2009 16:00:04 GMT

PRNewswire - ShengdaTech, Inc. ("ShengdaTech" or the "Company") (Nasdaq: SDTH), a leading manufacturer of nano-precipitated calcium carbonate ("NPCC") in China, today announced that the Bureau of Commerce of Anhui Province, People's Republic of China ("PRC"), approved the Equity Transfer Agreement between ShengdaTech, Inc. and Anhui Chaodong Cement Co., Ltd. ("Chaodong Cement") to acquire Anhui Chaodong Nanomaterials Science and Technology Co., Ltd. ("Chaodong").

St. Elias Mines Ltd.: Strawberry Flats Gold Project, British Columbia

Wed, 04 Nov 2009 15:47:34 GMT

Marketwire - Lori McClenahan, President of St. Elias Mines Ltd. ("St. Elias" or the "Company") (TSX VENTURE:SLI)(FRANKFURT:EKL)(U.S....

Research and Markets: Angola Mining Report Q4 2009 Report Expects the Mining Sector to Reach a Value of US$94.78bn By 2013

Wed, 04 Nov 2009 15:42:28 GMT

Business Wire - Research and Markets(http://www.researchandmarkets.co m/research/e9ccc3/angola_mining_repo) has announced the addition of the "Angola Mining Report Q4 2009" report to their offering.

Amador Gold Corp. Commences Drilling on Horwood Gold Property in West Timmins District

Wed, 04 Nov 2009 15:28:30 GMT

Marketwire - Amador Gold Corp. (TSX VENTURE:AGX) (the "Company") is pleased to it announce it has commenced diamond drilling on its wholly owned Horwood Property in the West Timmins gold district.

Cluff Gold plc - Additional Listing and Director's Shareholding

Wed, 04 Nov 2009 15:20:48 GMT

CNW Group - Cluff Gold plc (AIM: CLF; TSX: CFG) ("Cluff" or the "Company"), the West African focused gold mining company, today announces that it has approved the issue of 400,000 ordinary shares ("Ordinary Shares") of 1 pence each in the Company (the "New Ordinary Shares").

Research and Markets: Forecasts Reveal That the Mining Industry in Zambia Is Forecast To Grow At an Average Rate Of 10% during 2008-2013

Wed, 04 Nov 2009 15:14:47 GMT

Business Wire - Research and Markets(http://www.researchandmarkets.co m/research/19be3e/zambia_mining_repo) has announced the addition of the "Zambia Mining Report Q4 2009" report to their offering.

NMI (Non-Manufacturing Index) at 50.6%; October Non-Manufacturing ISM Report On Business®; Business Activity Index at 55.2%; New Orders Index at 55.6%

Wed, 04 Nov 2009 15:01:58 GMT

Business Wire - Economic activity in the non-manufacturing sector expanded in October for the second consecutive month, say the nation’s purchasing and supply executives in the latest Non-Manufacturing ISM Report On Business®.

Purepoint Uranium Group Inc: CEO to Speak at India Nuclear Summit

Wed, 04 Nov 2009 14:47:20 GMT

Marketwire - Purepoint Uranium Group Inc. (TSX VENTURE:PTU), today reported that Chris Frostad, President & CEO, will be a guest speaker at the India Nuclear Energy Summit this month in Mumbai India.

Bear Creek closes $40 million equity financing

Wed, 04 Nov 2009 14:36:27 GMT

CNW Group - Bear Creek Mining (TSX Venture: BCM) ("Bear Creek" or the "Company") is pleased to announce that it has closed the $40 million equity financing previously announced on October 21, 2009 under which Bear Creek sold 10,960,000 common shares at a price of $3.65 per share for gross proceeds of $40,004,000 (the "Offering").

Cantex updates Vale progress on Suwar project

Wed, 04 Nov 2009 14:30:26 GMT

CNW Group - Cantex Mine Development Corp. (CD : TSXV) ("Cantex") is pleased to update the progress on the Suwar nickel - copper - cobalt project.

Field Work Continues on Highland's Rickaby Property

Wed, 04 Nov 2009 14:30:08 GMT

Marketwire - Further to its news release of August 17, 2009, Highland Resources Inc. (TSX VENTURE:HI) (the "Company") reports that follow-up field work on the Rickaby Property (the "Property") has continued under GeoVector Management Services Inc. ("GeoVector") of Ottawa, Ontario, who has been engaged by the Company to manage the exploration program on the Property.

Riverstone Announces New Gold Zone at Karma

Wed, 04 Nov 2009 14:30:04 GMT

Marketwire - Riverstone Resources Inc. (TSX VENTURE:RVS)(FRANKFURT:3RV) is pleased to announce results from the first twenty three Rotary Air Blast (RAB) drill holes completed on the Company's Karma gold project in Burkina Faso, West Africa.

Anatolia completes $56 million public offering

Wed, 04 Nov 2009 14:24:35 GMT

CNW Group - Anatolia Minerals Development Limited ("Anatolia" or the "Company") (TSX:ANO) announces that it has completed its previously announced bought deal public offering of common shares of Anatolia at a price of C$2.45 per common share.

Forestar Group Inc. Reports Third Quarter 2009 Results

Wed, 04 Nov 2009 14:18:31 GMT

Business Wire - Forestar Group Inc. (NYSE: FOR) today reported third quarter 2009 net income of $19.5 million, or $0.54 per diluted share, compared with third quarter 2008 net income of $0.9 million, or $0.02 per diluted share. Third quarter 2009 results include a gain of $0.45 per diluted share, after-tax, from the sale of about 20,000 acres of HBU timberland for approximately $39.5 million.

Messina Minerals Identifies New Targets at Boomerang

Wed, 04 Nov 2009 14:10:09 GMT

Marketwire - Messina Minerals Inc. (TSX VENTURE:MMI) has received results from prospecting, mapping, and soil surveying and identified new drill targets located 1 kilometer northeast of the Boomerang zinc-lead deposit on Messina's Tulks South property in central Newfoundland.

Adventure Gold Begins Drilling on Highway Zone, East of Val d'Or

Wed, 04 Nov 2009 14:08:26 GMT

Marketwire - Adventure Gold Inc. (TSX VENTURE:AGE) (the "Company"), is pleased to announce the start of a 1,500 meter drill program on the Pascalis-Colombiere property.

Byron Capital Markets Hires Gold and Mining Analyst

Wed, 04 Nov 2009 14:03:49 GMT

Marketwire - Byron Capital Markets, a division of Byron Securities Limited, is pleased to introduce Drew Clark as the newest member of our research team, responsible for our firm's Gold and Mining Research.

Silver Dragon Discovers 914.8 g/t Silver, 7.58% Lead, and 9.11% Zinc Over 15.30 Meters at its Award-Winning Dadi Silver Polymetallic Project in Northe

Wed, 04 Nov 2009 14:03:12 GMT

GlobeNewswire - Drill hole ZK0401 was completed to a depth of 446 meters and revealed significant silver, lead, and zinc mineralization. -- 15 mineralized intervals were identified within drill hole ZK0401. -- Mineralized interval No. 1, which extends 15.3 meters, returned the highest average mineralization, at 914.8 g/t silver, 7.58% lead, and 9.11% zinc. -- Mineralized body No.

Nautilus Discovers Two New High Grade SMS Systems in the Bismarck Sea

Wed, 04 Nov 2009 14:01:15 GMT

Marketwire - Nautilus Minerals Inc. (TSX:NUS)(AIM:NUS) (the "Company" or "Nautilus") is pleased to announce the discovery of Solwara 12 and Solwara 13, two new Seafloor Massive Sulphide ("SMS") systems on its wholly owned exploration licences in Papua New Guinea ("PNG").

Metals Creek Resources Corp. Announces Commencement of Drilling On Its Ogden Gold Property, Timmins, Ontario

Wed, 04 Nov 2009 14:00:04 GMT

Marketwire - Metals Creek Resources Corp. (the "Corporation")(TSX VENTURE:MEK) is pleased to announce the commencement of a 2000 meter diamond drill program on its Ogden Gold Property in Timmins Ontario.

La Mancha Resources Inc.: Second Hassai Mine VMS Target Boosts Project's 43-101 Inferred Resource to Over Two Million Ounces of Gold

Wed, 04 Nov 2009 13:40:42 GMT

Marketwire - La Mancha Resources Inc. (TSX:LMA) - All amounts are expressed in CA dollars, unless otherwise indicated.