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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
Metals Exploration Starts to Ramp Up Production at Runruno Gold Mine, Philippines
June 3, 2016
Metals Exploration Plc has started to ramp-up production at its Runruno gold mine in the Philippines after a series of delays last year. Since a partial suspension order was lifted in April, executive chairman Ian Holzberger said Metal Ex had
San Miguel to Adopt Clean Coal Technology in Its Power Generation Business
June 3, 2016
San Miguel Corp. (SMC) prefers to invest in clean coal-fired power plants over renewable energy projects for now, as the latter would pass heavier cost burden to consumers, its top official said. SMC President and Chief Operating Officer Ramon S.
Stellar Diamonds Receives Initial Approval for Its Tongo Mine License, West Africa
June 2, 2016
Stellar Diamonds plc has received initial approval for a mining license over its 100 percent owned Tongo project in Sierra Leone. Progression of the licensing process remains subject to the National Minerals Agency (NMA), the licencing body of the Ministry
Condor Resources Secures Community Agreement for Development of Its Chavin Project, Peru
June 2, 2016
Condor Resources Inc. has concluded a long term exploration and exploitation agreement with the community near its Chavin project, located in Santa Province, Ancash Department, Peru. In November 2015 Condor signed a production royalty agreement on the Chavin project, whereby
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