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Dundee Precious Metals Advances Krumovgrad Gold Project, Bulgaria
June 7, 2016
Dundee Precious Metals Inc. has advanced its Krumovgrad gold project located in southern Bulgaria. Updates to the project include a capital estimate of $178 million and updated cash cost estimate of $403/oz gold. Project economics remain robust with a 25
Heron Resources Readies for Feasibility Study for Its Woodlawn Zinc-Copper Project, Australia
June 7, 2016
Heron Resources Limited has reported that the definitive feasibility study (DFS) for its wholly owned Woodlawn Project is progressing well and study results are scheduled for release before the end of the June quarter 2016. The fully-funded DFS for Heron’s
Amarillo Gold Makes Another Step Towards Developing Its Mara Rosa Gold Project, Brazil
June 7, 2016
Amarillo Gold Corp. has signed a contract of purchase and sale with Baribras Mining Ltd. Baribras is Brazilian registered private company that owns the mineral rights at the dormant Zacarias mine 13 km to the west of the proposed Posse
Randgold Resources’ Kibali Gold Mine Shows Mining Can Help Make a Better Africa
June 7, 2016
Randgold Resources’ Mark Bristow, chief executive, said the successful development of the giant Kibali gold mine in the northeast province of the DRC has demonstrated the capacity of mining to boost the economies of African countries and improve the lives
Boliden Completes Acquisition of First Quantum’s Kevitsa Mine for $712 Million, Finland
June 6, 2016
Boliden completed its acquisition of the Kevitsa mine in Finland on June 1. The acquired operation will form part of Business Area Mines, alongside Aitik, Garpenberg and the Boliden Area in Sweden, Tara in Ireland, and Kylylahti in Finland. Work
GoldBridges Advances Underground Development at Sekisovskoye Gold-Silver Mine, Kazakhstan
June 6, 2016
GoldBridges has completed the construction of the second transportation decline at Sekisovskoye from 310 meters above sea level (masl) to the bottom of the open pit, with a total haulage distance of 530 meters. On completion of this decline, the
Sirius Minerals Releases List of Selected Contractors for Its North Yorkshire Polyhalite Project, UK
June 6, 2016
Sirius Minerals Plc has selected preferred contractors for key components of its North Yorkshire polyhalite project and the future revision to the Stage 1 capital requirements. “This is the culmination of a huge amount of work by both the successful
Metal Tiger Acquires Stake in Thor Mining
June 3, 2016
Metal Tiger plc continues its bid to build a diverse range of mining investments - taking 400mln shares in London and Australia listed Thor Mining PLC in a placing. It has bought the shares for £100,000 and it will also
Bass Metals to Acquire Stratmin’s Graphmada Graphite Mine, Madagascar
June 3, 2016
Bass Metals Ltd completed due diligence to acquire the Graphmada Large Flake Graphite Mine in eastern Madagascar from Stratmin Global Resources . Unlike 99 percent of its peers, the acquisition would provide Bass Metals with control of an operating graphite
Armadale Capital in Talks to Finance Its Mpokoto Gold Mine, DRC
June 3, 2016
Armadale Capital remains in talks over a finance package to build its Mpokoto gold mine in the DRC. African Mining Contracting Services Group (A-MCS) offered to put up US$20mln to build the mine last June but has yet to conclude
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