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Vanstar Resources Acquires Merrygold’s Cristalina Gold Project, Brazil
July 8, 2016
The management of Vanstar Resources announces that it has signed a Letter of Intent with Merrygold Investments Ltd to acquire 100 percent of the Cristalina project in the province of Goias, Brazil. CRISTALINA PROJECT The Cristalina project contains several gold
Endomines Enters New Off-take Agreement with Boliden for Its Pampalo Gold Mine, Finland
July 8, 2016
Endomines has agreed on terms of an agreement to sell and deliver all of its flotation gold concentrate production from the Pampalo Gold Mine to Boliden Harjavalta, Finland. The final agreement is expected to be signed within the next few
Endeavour Holds Ceremony to Mark Construction Start of Houndé Gold Project, Burkina Faso
July 8, 2016
Endeavour Mining Corporation held a ground-breaking ceremony at its Houndé Project site in Burkina Faso. Construction began in April 2016 and is progressing on-time and on-budget with the first gold pour expected during the fourth quarter of 2017. The ceremony
Newmont Enters Agreement to Sell Interest in Indonesian Assets for $1.3 Billion
July 6, 2016
Newmont Mining Corporation has entered into a binding share sale and purchase agreement with PT Amman Mineral Internasional (PT AMI) to sell its interests in PT Newmont Nusa Tenggara (PTNNT), which operates the Batu Hijau copper and gold mine in
Lupaka Gold Executes Finance Agreement for Invicta Mine Development and Operations, Peru
July 6, 2016
Lupaka Gold Corp. has executed a definitive pre-paid forward gold purchase agreement with PLI Huaura Holdings LP, a limited partnership organized under the laws of British Columbia, to fund the completion of development and initiate production at its Invicta Gold
Flood at China Coal Mine Traps 12 Miners, 82 Rescued
July 6, 2016
A coal mine in northern China flooded and trapped 12 miners, the country’s safety watchdog said Sunday. The accident happened around 11 p.m. Saturday in Shanxi, a coal-rich province. The State Administration of Work Safety said in an online statement
Precious Metals Lead Commodities Higher, Boosting Mining Stocks in Wake of Brexit
July 6, 2016
Precious metals led commodities higher, boosting mining stocks, on speculation central banks in some of the world’s leading economies will step up monetary stimulus in the wake of Britain’s decision to leave the European Union. Silver touched a two-year high
Bass Metals Acquires Stratmin’s Graphmada Large Flake Graphite Mine, Australia
July 1, 2016
Bass will become the first Australian graphite producer with a revenue stream after completing the acquisition of the Graphmada Large Flake Graphite Mine from Stratmin Global Resources. $16 million of capital has already been spent to develop the mine, which
Aussie Gold Sits Above A$1770 an Ounce
July 1, 2016
Spot gold has climbed 0.6 percent to US$1320 an ounce by 1pm Sydney, Australia, time. Overnight in New York, gold for August delivery was softer as investors unwound some of their gold positions. Gold though priced in Australian Dollars continues
Metaliko Resources Gearing Up to Monetize Bronzewing Milling Facility, Western Australia
July 1, 2016
Metaliko Resources Ltd is set to monetize its Bronzewing Milling Facility in Western Australia after inking a deal with a third party to lease the facility for up to three years. Bronzewing Mill is part of the Yandal Project in
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