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Golden Arrow Initiates Next Drilling Phase in Pre-Development, Chinchillas Silver Project, Argentina
June 2, 2016
Golden Arrow Resources Corporation has commenced a 6,500 meter Phase VI drilling and exploration program at the Chinchillas silver project in Jujuy Province, Argentina. The drill program will focus on exploration and condemnation drill holes, as well as infill holes
Cameco and Kazatomprom Sign Agreement to Restructure JV Inkai Uranium Project, Kazakhstan
June 1, 2016
Cameco Corporation has signed an agreement with National Atomic Company Kazatomprom (Kazatomprom) and joint venture Inkai LLP (JV Inkai) to restructure and enhance JV Inkai. The agreement was signed during the annual foreign investors meeting with the president and government
Luna Gold & AngloGold Ashanti Enter Exploration Agreement for Greenfields Mineral Claims, Brazil
June 1, 2016
Luna Gold Corp. has entered into an exploration agreement with AngloGold Ashanti Limited for the company’s greenfields mineral claims that surround its past-producing Aurizona Gold Mine in northern Brazil. The terms of the agreement require AngloGold Ashanti to invest US$14
BacTech Signs Association Contract with COMIBOL for Remediation of Telamayu Tailings, Bolivia
June 1, 2016
BacTech Environmental Corporation’s 98 percent owned Bolivian subsidiary Empresa Minera Ambiental BacTech S.A. (EMABSA) has signed an association contract with Corporacion Minera de Bolivia (COMIBOL). The 10-year contract calls for the environmental remediation and restoration of the Antigua tailings and
Columbus Gold Advances Feasibility Study and ESIA on Montagne d’Or Gold Deposit, French Guiana
June 1, 2016
Columbus Gold Corp. has provided an update on the advancement of the ongoing bankable feasibility study (BFS) and environmental and social impact assessment (ESIA) at its 100 percent owned Montagne d’Or gold deposit, French Guiana. The studies are being funded
Xtract Resources Sells Its Manica Gold Project for $17.5 Million, Mozambique
June 1, 2016
Xtract Resources has sold its Manica gold project in Mozambique less than a year after it acquired it. The explorer only received government approval for its acquisition in March but said the likely dilution in raising US$35mln to build a
Tanesco Approves Edenville Energy’s PCN for Its Rukwa Coal-to Power Project, Tanzania
June 1, 2016
Edenville Energy PLC revealed big progress had been made on the development of its Rukwa coal to power project in Tanzania. Among the milestones passed is that a project concept note (PCN) which started in July 2015 as part of
Prairie Mining Submits Mining Application for Its Lublin Coal Project, Poland
June 1, 2016
Prairie Mining Ltd has submitted a mining concession application at the Lublin Coal Project in Poland, where a pre-feasibility study (PFS) had confirmed the robust economics and technical viability of the project. In March, a Polish court had confirmed Prairie’s
Newfield Resources Raises $8.7 Million to Advance Allotropes Diamond Project, Sierra Leone
June 1, 2016
Newfield Resources Ltd has raised $8.7 million from an underwriting of unlisted options to for development of its Allotropes Diamond Project in Sierra Leone. Earlier this month Newfield recovered over 2,000 carats of diamonds from the ongoing alluvial trial mining
Mantle Mining Edges Closer to Restart Historic Morning Star Gold Mine in Victoria, Australia
June 1, 2016
Mantle Mining Corporation Ltd, set to become Australia’s newest gold miner, is gearing up for production to recommence at the historic Morning Star Gold Mine in Victoria. Mantle Mining has created a detailed blueprint to return the historic mine, once
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