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NEWS Click on text to read news by category: General | Product | People | Worldwide

Asteroid Mining Company Deep Space Industries Reveals New Mission to Land on Asteroid by 2020

August 24, 2016

Asteroid mining is one of those things that sounds good in principle, but we’re not sure how good it’ll be in practice. However, one company in the US is making headway with its own plans to make the idea a

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Flinders Univ. Research How Bacteria Could Replace Toxic Chemicals in Base Metals Mining Process

August 24, 2016

Scientists at Flinders University in Adelaide are researching the use bacteria to fight the environmental problem of acid mine drainage. The bacteria would replace many of the chemicals, like cyanide and xanthates, which are used in the early ‘froth flotation’

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Canadian’ Golden Star Resources Restarts Prestea Underground Coal Mine, Ghana

August 24, 2016

Commercial gold production in one of Ghana’s oldest underground mines, the Prestea Underground Mine, will resume in the middle of next year after 14 years of undergoing redevelopment, care and maintenance. This follows the successful raising of a $150 million

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Minjar Gold to Acquire Evolution Mining’s Pajingo Gold Mine for A$52 Million, Queensland

August 23, 2016

Evolution Mining Limited has entered into a binding agreement with Minjar Gold Pty Limited to sell the Pajingo gold mine and surrounding exploration tenements in North Queensland for total proceeds of up to A$52.0 million. Evolution has consistently stated that

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Queensland Mining Options Gilded Rose and Mt. Freda Project to Ausmex Mining

August 23, 2016

Queensland Mining Corporation Ltd has entered into an option agreement with an Australian company, Ausmex Mining Pty Limited with the view to develop the company’s non-core gold assets into a production operation in the near future. Gilded Rose and Mt

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Besra Reopens Its Phuoc Son Gold Mine, Vietnam

August 23, 2016

Besra Gold Inc has reopened its Phuoc Son gold mine in central Vietnam after suspending operations just over two years ago. “First and foremost I need to thank our staff for their huge effort in protecting this asset in incredibly

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Brazil Resources to Acquire NovaCopper’s Titiribi Gold-Copper Project, Colombia

August 22, 2016

Brazil Resources Inc. has entered into a share purchase agreement with NovaCopper Inc., pursuant to which it will acquire Sunward Investments Limited, a subsidiary of NovaCopper which owns 100 percent of the Titiribi Gold-Copper Project located in Colombia. “We are

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Carpathian Gold Changes Name to Euro Sun Mining

August 22, 2016

Carpathian Gold Inc. has completed a corporate rebranding and name change to Euro Sun Mining Inc. to reflect the company’s strengthened management team and focus on the development of its wholly owned Rovina Valley gold and copper project, located in

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CKR Carbon Begins Underground Exploration at Aukam Graphite Project, Namibia

August 21, 2016

CKR Carbon Corporation has started underground exploration at the past producing Aukam graphite project in Namibia. This next phase of work will focus on delineating resources in support of an application for a mining license in early 2017. Initial work

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Thousands of Miners Mark South Africa Shooting Anniversary

August 19, 2016

Thousands of mine workers gathered around a rocky hill on Tuesday to mark the anniversary of the deadliest protest in South Africa in decades. Four years ago, police shot dead 34 miners at Marikana who were striking over low pay

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