mineral exploration project – commodity prices – mining stock- trade and market

Essar Group said its purchase of Trinity Coal Corp., the Indian company’s first overseas coal mine acquisition, will help lock in raw materials with...

Asian stocks fell as China’s Industrial Bank Co. predicted slower growth in new lending, while the euro retreated on speculation the...

Asian stocks climbed for a second day as JPMorgan Chase & Co. boosted ratings on Japan’s...

Alexis Minerals Corporation is pleased to announce that its Lac Pelletier gold mine project at Rouyn-Noranda, Quebec, is now underway with the recent commencement of a bulk sample program. Approximately 9,400 ounces of gold (oz Au) are expected to be produced from a 40,000 tonnes sample currently being excavated in two of four zones.

Rio Tinto, a mining company that has the largest variety of mining exploration projects and processing of mineral resources in some countries. Rio Tinto mining company produces aluminum, copper, diamonds, energy (coal and uranium), gold, industrial minerals.

Brazilian mining company, Vale Group is conducting a feasibility study for investing in the Moatize coal mines in Mozambique. The agreement between the governments of Mozambique and the Vale Group, in addition to investing in coal mines, Vale Group is also investing in copper mines in the North Konkola, Zambia.

MDN Inc. is pleased to announce that the Tulawaka Gold Mine in Tanzania produced 29,489 ounces of gold during the third quarter ended September 30, 2009. Tulawaka gold production now amounts to 728,910 ounces since the beginning of operations in March 2005.

Mixed trading was witnessed among the major markets across Asia on Friday as traders preferred to lock in gains following recent rally while the underlying sentiment is buoyant on increased optimism about higher earnings from companies for the recently concluded quarter and the worst for the global economy is over. While the markets in Australia, Hong Kong, China, Singapore and South...