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Manas Resources to Acquire Victoria Gold Field Project for $4 Million, Tanzania
June 29, 2016
Manas Resources Ltd has signed a binding agreement to acquire the well located Victoria Gold Project in Tanzania for US$2 million cash and US$2 million in shares. The project’s licenses are strategically located near several established gold mines in the
Caravel Minerals Completes Scoping Study for Calingiri Copper Project, Australia
June 29, 2016
Caravel Minerals Ltd has released strong margins from scoping study for future production from the Calingiri Copper Project, forecasting a life of mine after-tax cash surplus of $1.5 billion. The mine would become a low cost (US$1.50 a pound), mid
Seven Mining Workers Freed After Being Kidnapped in Nigeria
June 29, 2016
An Australian mining company says seven of its workers who were kidnapped in south-eastern Nigeria last week have been freed. McMahon Holdings said three Australian workers were released along with a South African national, a New Zealander, and two Nigerians.
Fortuna Silver Mines to Acquire Goldrock Mines and Its Lindero Project in Argentina
June 28, 2016
Fortuna Silver Mines Inc. has entered into a definitive agreement to acquire all of the issued and outstanding common shares of Goldrock Mines Corp. Goldrock’s principal asset is the 100 percent owned Lindero Project located in Salta Province, Argentina. The
Centerra Gold Receives Mine Plan Approval for Its Kumtor Mine, Kyrgyz Republic
June 28, 2016
Centerra Gold Inc. has received mine plan approval for its Kumtor operation, located in the Kyrgyz Republic. The Kyrgyz Republic State Agency for Environmental Protection and Forestry (SAEPF) issued its official environmental expertise (approval) on Kumtor’s 2016 mine plan. Together
Mariana Resources Commences PEA for Its Hot Maden Project Gold-Copper Project, Turkey
June 28, 2016
Mariana Resources Ltd has engaged RungePincockMinarco (RPM) to complete a preliminary economic assessment (PEA) for the Hot Maden gold-copper project. The PEA study is currently scheduled for completion late-Q3/early Q4 2016 and will incorporate the updated mineral resource estimate. “The
Centerra Gold Receives Emissions and Discharge Permits for Kumtor Mine, Kyrgyz Republic
June 27, 2016
Centerra Gold Inc.‘s Kumtor operation, located in the Kyrgyz Republic, has received its 2016 maximum allowable emissions (MAE) permit from the Kyrgyz Republic State Agency for Environmental Protection and Forestry (SAEPF). The MAE permit is valid until December 31, 2016
PepinNini Minerals Adds Lithium Mining Lease to Its Portfolio, Western Australia
June 24, 2016
PepinNini Minerals Ltd has added lithium mining lease applications in Argentina to an existing portfolio brimful of diamond, gold and base metals exploration targets in Western Australia and Queensland. The eight mining lease applications cover areas prospective for lithium brines
Alinta Energy Shuts Down Its Port Augusta Coal Power Station, South Australia
June 24, 2016
The coal furnaces at Alinta Energy’s Port Augusta power station in South Australia’s north will go cold today as it goes offline. The Northern Power Station was disconnected from the network about 9:40am. Less than a year ago, Alinta Energy
Orinoco Gold Edges Near First Gold Pour at Cascavel Mine, Brazil
June 24, 2016
Orinoco Gold Ltd is edging nearer to a first gold pour next month at its 70 percent owned Cascavel Gold Mine in central Brazil, after commencing commissioning of the gravity processing plant. The various stages of commissioning are scheduled to
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