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Latitude Consolidated Acquires Eastern Goldfields’ Quinns and Mt. Ida South Gold Projects

July 20, 2016

Latitude Consolidated Ltd has signed a binding term sheet to acquire a private company holding the Quinns and Mt Ida South Gold Projects, located 110 kilometers west of Leonora in the Eastern Goldfields of Western Australia. There is a JORC

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TerraCom Acquires Blair Athol Coal Mine in Queensland for $1, Australia

July 20, 2016

TerraCom Ltd will acquire the Blair Athol Coal Mine, one of Queensland’s oldest coking coal mines, from the Blair Athol Coal Joint Venture for the heady price of $1. TerraCom will also receive $80 million from the vendors to meet

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Crusader Resources Renews Operator License for Borborema Gold Project, Brazil

July 20, 2016

Crusader Resources Ltd has renewed the current operating license for its wholly‐owned Borborema Gold Project in Rio Grande do Norte State, Brazil. The current operating license is the penultimate step in the updated licensing process for Borborema, with the final

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Kin Mining Mines First Ore from Leonora Gold Project, Western Australia

July 20, 2016

Kin Mining NL has taken an important step towards becoming a gold producer by mining the first ore from the Lewis Open Pit at the Leonora Gold Project in Western Australia. The Lewis trial mining operation is viewed as a

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Wolf Minerals Ramps Up Activities at Drakelands Tungsten and Tin Open Pit Mine, England

July 20, 2016

Wolf Minerals Ltd is continuing to ramp up activities at the recently developed Drakelands open pit mine at the Hemerdon tungsten and tin project in Devon, southwest England. Ore mining is taking place in both the southern and the northern

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Leigh Creek Energy Starts Drilling at Leigh Creek Coal Gasification Site, Australia

July 20, 2016

Leigh Creek Energy Ltd is drilling ahead at the Leigh Creek site 550 kilometers north of Adelaide. The project entails development of existing deep coal resources that are unable to be accessed by open-cut mining. Energy will be produced from

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Queensland Mining Industry Backs Action to Fix Coal Miners Health Screening

July 19, 2016

The release of the final report into the re-emergence of coal worker pneumoconiosis confirms that a health screening system thought to protect underground coal workers has failed. The Queensland Government’s Mines Minister Dr. Anthony Lynham has released the government’s response

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Robex Commissions Ball Mill at Its Nampala Gold Mine, Mali

July 19, 2016

Robex Resources Inc. has successfully completed the installation and startup of the 750 kW permanent ball mill including the new separation circuit (cyclone tower) at the Nampala mine in Mali. The new grinding circuit was commissioned at the end of

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Sandvik Signs Agreement to Divest Its Mining Systems Operations

July 19, 2016

Sandvik has signed an agreement to divest its Mining Systems operations, reported in the Sandvik income statement as discontinued operations, to the private equity company CoBe Capital. Sandvik will maintain ownership of ongoing projects which are close to finalization. The

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Banro Enters into Gold Dore Purchase, Financing Arrangement for Namoya and Twangiza Operations, DRC

July 19, 2016

Banro Corporation has entered into a gold dore purchase agreement in connection with a US$10 million loan facility with Baiyin International Investment Ltd. Baiyin is an affiliate of RFW Banro Investments Limited, a subsidiary of the Baiyin Stream Partnership I,

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