CBH Resources said it received a revised proposal from its major shareholder, Toho Zinc Co., Ltd after the close of trade Monday that rivals that put forward by Nyrstar NV on Monday. [More]

Rio Tinto expects economy wide inventory rebuilding in the OECD to provide a short-term boost to activity. [More]

Peak Resourcess' Alastair Hunter said the company had not experienced any political issues in Tanzania due to its positive relationship with the government, reaffirming the comments earlier last week from Lihir Gold acting CEO Phil Baker that Australia presents a greater sovereign risk to the miner than many African countries. [More]

Cape Lambert Resources shares climbed Friday morning after the company said its has entered into an agreement with Hong Kong company China Sci-Tech Holdings, for the sale of its 100% interest in the Lady Annie Project in Queensland for $135m. [More]

Adamus Resources has said it would tap the market for an extra $30.5m, via a placement and rights issue. [More]

Aurox Resources and Atlas Iron have agreed to merge via a scheme implementation agreement (“SIA”) that would see Aurox shareholders receive one Atlas share for every three Aurox shares held. [More]

Azure Minerals and OZ Minerals have entered into a joint venture on Azure’s San Eduardo property, located in Sonora Mexico. [More]

OceanaGold Corporation said it has closed the offering of subscription receipts in connection with its previously announced equity raising and as a result has issued about 31.16 million subscription receipts at a price of C$2.05 for proceeds of approximately C$63.89 million. [More]

Lihir Gold said it reached an agreement to off-load its ill-fated Ballarat gold project in Victoria to Castlemaine Goldfields in Victoria. [More]

Aquila Resources said the West Australian government has approved the development of a new deep-sea port at Anketell Point on the West Pilbara coast. [More]