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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
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
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
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
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
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
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
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
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
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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