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Lycopodium to Complete PFS for Orca Gold’s Block 14 Gold Project, Africa
September 22, 2016
Orca Gold Inc. has engaged Lycopodium Minerals Pty Ltd to conduct a pre-feasibility study (PFS) on its Block 14 Gold Project in the Republic of the Sudan after receiving positive results from the preliminary economic assessment.. Commenting on the engagement
Futuregrowth Asset Management Suspends Funding to South Africa’s Coal Industry
September 22, 2016
Futuregrowth Asset Management, SA’s largest specialist fixed-income money manager, said it has suspended funding to the coal industry until it develops environmentally sustainable methods of operating. The decision is based on the company’s investment principles, Chief Investment Officer Andrew Canter
China’s Shenhua Group to Increase Output to Curb Prices
September 22, 2016
China’s biggest coal producer will raise output this month amid a government-led attempt to coordinate production after a price surge this year drew complaints from consumers. Fourteen coal mines owned by Shenhua Group may raise coal output by as much
LWP Technologies Focused on Monetizing Its Two Core Energy Technologies
September 21, 2016
LWP Technologies Ltd continues to focus its efforts on monetizing its two core energy technologies, the fly ash proppants, and the newly added GraphenEra business. The company remains fully-funded to continue developing both of these technologies. In additional to LWP’s
Eurasia Mining Eyeing First Revenues from West Kytlim Platinum Mine, Russia
September 21, 2016
Eurasia Mining plc should see first revenues this month (September) after mining begun at its West Kytlim platinum project in Russia, it told investors in its half year results. As reported last Friday, the Ekaterinburg refinery had accepted the first
Metminco Raises Funds to Advance Its Miraflores Gold Project, Colombia
September 21, 2016
Metminco Ltd has raised A$1 million (£0.57 million) to put towards Miraflores, its new gold project in Colombia. Circa 422 million shares were issued at A$0.00237 (£0.00135) to sophisticated and professional shareholders. A scoping study recently indicated an underground mine
Glen Eagle Expands Its Gold Processing Plant in Honduras
September 20, 2016
Glen Eagle Resources Inc. is ordering all the necessary parts and equipment to expand Cobra Oro’s gold processing plant in Honduras with the objective to reach a potential throughput capacity of 150 tonnes per day. To support the expansion program
Ivanhoe Mines Begins Supplying Electricity from Hydropower Plant for Kamoa Copper Project, Africa
September 20, 2016
Ivanhoe Mines has begun supplying an initial 11 megawatts (MW) of power to the national grid in the Democratic Republic of Congo (DRC) from the Mwadingusha hydropower plant for the Komoa Copper Project. The ongoing upgrading work — part of
Mandalay Resources Resumes Operations at Cerro Bayo Mine, Chile
September 20, 2016
Mandalay Resources Corporation has resumed mining operations at its Cerro Bayo underground silver-gold mine in Aysen, Chile. Mining operations returned to normal in all areas, excluding around the location where the accident occurred on September 10, 2016, while investigations continue.
Centrex Metals Begins Feasibility Study for Its Oxley Potassium Project, Western Australia
September 19, 2016
Centrex Metals Ltd has appointed Canadian based potash engineering company Novopro for a prefeasibility study of its Oxley Potassium Project in the midwest of Western Australia. The work will include analysis and optimization of a planned hydrometallurgical circuit, developed as
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