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Jaguar Mining shares leap 46% on $1B bid from Shandong Gold

Shares in Jaguar Mining (NYSE:JAG) surged 46% today on news that a Chinese gold producer is bidding $1 billion for the Brazil-focused company. The Globe and Mail reports that Shandong Gold is offering $9.30 per share in cash, which is a 73% premium to Jaguar's closing price Tuesday on the NYSE. The shares were changing hands at around $7.89 Wednesday afternoon in New York.

Ukraine Officials Learn Mine Safety from Bevill State College

A group of mining officials from Ukraine will observe American mine safety and training techniques from Bevill State Community College employees, reports Daily Mountain Eagle.
The team from the Ukrainian mining division spent Monday on Bevill State's Sumiton campus. The group, which includes several high-ranking government officials, said they are working to improve the safety of their mines by providing intensive mine safety training, similar to the training provided at Bevill State, for their inspectors and workers.

Mentor Training Launches New Courses for Quarrying and Waste Industries

UK trianing provider Mentor Training has launched two new courses: Mobile Crushing and Screening and Light Vehicle Training, reports Coal International.
There will an introduction into Jaw, Cone, Gyratory and Impactor Crushers [in the Mobile Crushing and Screening course], including the use of the manufacturer’s manual and will cover pre-use checks, start-up, manoeuvring and safety hazards, including machine blockages. Machine shutdown and transportation and environmental issues will also be included within the course. [The Light Vehicle training course] offers a comprehensive look at this type of vehicle and the hazards involved with its operation. The course incorporates health and safety legislation, pre-use inspection and provides a detailed look at the machine’s control and their use in a working environment.

Integra Gold up 20% after increasing gold resource

Integra Gold (CVE:ICG) was up 20% to 36 cents a share after the company announcing a 40% increase to its Lamaque resource. The company announced the findings in a consultant's report, the Estimate of Resources and Modeling of the Triangle Sector, for the Lamaque Gold Project, located in Val d'Or, Quebec.

Solitaire Minerals acquires platinum-group property in Northwest Ontario

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 16, 2011) - Solitaire Minerals Corp. (TSX VENTURE:SLT) (Solitaire) is pleased to announce that the company has signed an option to acquire a 100% interest in a Platinum-Group Element (PGE) property north of Thunder Bay, Ontario. Previous exploration has located 14 mineral occurrences on the property with analytical results up to 2.2 grams per tonne of total precious metals ("TPM") or platinum + palladium + gold. A diamond drilling program is planned to test five conductors defined by a 2010 airborne VTEM® survey.

BHP to invest $698m in new Australian iron ore mine

BHP Billiton approved today a US$822 million (BHP Billiton share US$698 million) investment for the development of its Orebody 24 mine, located approximately 10 kilometres north-east of Newman, Western Australia. Orebody 24 is a sustaining mine to maintain iron ore production output from the Newman Joint Venture operations. The new Orebody 24 mine will have a capacity of 17 million tonnes per annum (100 per cent basis) and will include the construction of an ore crushing plant, train loadout facility, rail spur and other associated support facilities. Initial mining from Orebody 24 will start in the second half of calendar year 2012.

Alberta to rake in billions from mining, and not just oilsands

Alberta is poised to become a major player in Canadian mining, says The Mining Association of Canada. The Edmonton Sun reports that half of the country's $140 billion in mining activity over the next five years will be centred in Alberta, with 12 projects slated for development by 2016:

Tempers flare again over New Prosperity mine

Pro-and anti-mining forces are clashing once again over a proposed copper-gold mine in northern BC. On Monday Taseko Mines, the proponent of the New Prosperity mining project, said it has started legal action against people it alleges have obstructed preparations at the minesite. In response, the Tsilhqot’in Nation filed an injunction against the company "to halt its plans for extensive road-building, drilling, excavation of test pits, and timber clearing in support of its unprecedented and controversial resubmitted bid for approval of its soundly rejected Prosperity Mine project," the Tsilhqot’in, which represents six First Nations, stated in a press release.
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