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

Ecuador Approves Lundin Gold’s Fruta del Norte Project

October 14, 2016

Lundin Gold Inc. has completed and received approval for the environmental impact study (EIS) by the Government of Ecuador for its Fruta del Norte Project located in Ecuador. “This is a significant accomplishment for the company and the development of

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Scottish Government Bans Underground Coal Gasification

October 14, 2016

The Scottish government announced that it will not support the developments of the underground coal gasification (UCG), a form of unconventional gas extraction from coal seams, after a new report raised serious environmental concerns. The UCG gas extraction involves injection

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Mariana Resources Targets Ivory Coast for Next Big Gold Find, West Africa

October 14, 2016

Mariana Resources Ltd has snapped up an 80 percent stake in Awalé Resources, a fellow gold explorer based in the Ivory Coast. Awale has substantial exploration acreage in three contiguous exploration licenses in the eastern border area of Bondoukou and

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Orinoco Gold Ships First Gold from Its Cascavel Mine, Brazil

October 14, 2016

Orinoco Gold Ltd has achieved a significant milestone by shipping the first parcel of gold from the Cascavel Gold Mine in central Brazil for refining and sale. To date, mineralized development material processed during the commissioning phase has resulted in

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Agrimin Gets Closer to Mining Agreement for Its Mackay Sulphate of Potash Project, Western Australia

October 14, 2016

Agrimin Ltd has signed a negotiation protocol with the Kiwirrkurra people for its Mackay Sulphate of Potash (SOP) Project in Western Australia. The protocol has been signed with a view to enter into a mining agreement for the development and

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Kinross Gold Enters Three-year Labor Agreement at Its Tasiast Mine, Mauritania

October 13, 2016

Kinross Gold Corporation has agreed to a new three-year collective labor agreement (CLA) with unionized employees at its Tasiast mine in Mauritania. The company and the Government of Mauritania have also agreed to a “Mauritanization” plan to increase the number

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Gran Colombia Gold Resumes Operations in Segovia After Civil Situation

October 13, 2016

Gran Colombia Gold Corp. has resumed operations in Segovia. The civil situation in Segovia and Remedios in the Department of Antioquia, Colombia, has come to a peaceful conclusion following extensive discussions between representatives of the national and regional governments, the

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Silver Bear Releases Updated Mine Plan and Feasibility Study for Mangazeisky Silver Project, Russia

October 12, 2016

Silver Bear Resources Inc. will see a 66 percent increase in pre-tax NPV to US$132.6 million for the Vertikalny Central deposit of its Mangazeisky Silver Project in the Republic of Sakha, Russia following the results of an updated national Instrument

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K92 Mining Commences Gold Production at Its Kainantu Gold Mine, Papua New Guinea

October 12, 2016

K92 Mining Inc. has commenced production from the Irumafimpa Gold Deposit at the Kainantu Gold Mine. “This milestone is highly significant for our company, and for this region of PNG. A great deal of thanks goes to the entire team

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Eskom: Buying Power from Renewables Will Make Power Practically Unaffordable

October 11, 2016

Eskom Holdings SOC Ltd. supports getting power from independently run coal projects rather than renewable sources as South Africa’s state-owned utility expects current generation will be insufficient to meet demand by 2022. The utility should look to buy electricity from

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