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Premier African Minerals Set to Develop Limestone Deposit After $2.1 Million Acquisition, Mozambique
April 29, 2016
Premier African Minerals Ltd is poised to buy a 52 percent interest in a Mozambique firm with a substantial limestone deposit for a total of US$2.1mln and has raised £1.1mln in a discounted share placing. TCT’s deposit is near the
China National Gold Group to Acquire Eldorado Gold’s Stake in Jinfeng Mine for $330 Million, China
April 29, 2016
Eldorado Gold is pleased to announce that it has reached an agreement to sell its 82 percent interest in the company’s Jinfeng mine to a wholly-owned subsidiary of China National Gold Group (“China National Gold”) for US$300m in cash, subject
ECR Minerals Prepares to Advance Avoca and Bailieston Gold Projects to Production, Australia
April 29, 2016
ECR Minerals PLC has unveiled immediate plans to advance the Avoca and Bailieston gold projects in Victoria, Australia, which are being acquired via its Mercator Gold subsidiary. The planned activity, which is already funded, is expected to take place in
Southern Gold Eyes Near-term Production at Its Cannon and Glandore Projects, Western Australia
April 29, 2016
Southern Gold Ltd has completed the drawdown of a $1 million convertible debt facility from high net worth investors to advance the Cannon and Glandore projects in Western Australia. The $1 million facility is available as a single drawdown with
Adani Faces Another Legal Hurdle for Approval of Carmichael Coal Mine, Australia
April 29, 2016
Environmental Defenders Office Queensland (EDO Qld) has filed a lawsuit against the state’s approval for the Adani Group’s A$21.7bn ($16bn) Carmichael coal mine project in Australia. The appeal, which has been filed on behalf of its community group client, Coast
Dynasty Metals & Mining Enters Contractors Agreement for Development of Mining Concessions, Ecuador
April 28, 2016
Dynasty Metals & Mining Inc. has entered into a definitive three-year agreement with Green Oil S.A. to act as contractor for the development of specific mining concessions within the Dynasty Goldfield project in southern Ecuador. Under the terms of this
Plateau Uranium Commences Environmental Baseline Permitting Work Following Positive Meetings, Peru
April 28, 2016
Plateau Uranium Inc. has engaged experienced environmental consultant group Asesores y Consultores Mineros SA (ACOMISA) to commence the enhanced environmental baseline study work required for future permitting and environmental impact assessment (EIA) studies. This follows constructive meetings with government officials
USW Disappointed by China’s Refusal to Support Multilateral Framework on Global Steel Overcapacity
April 28, 2016
United Steelworkers (USW) International President Leo W. Gerard has released the following statement after learning that the high level dialogue at the Organization for Economic Cooperation and Development was unable to advance a global framework to address steel overcapacity. “Today
WellDog Awarded A$35 Million in Coal Seam Gas Artificial Lift Contracts in Queensland
April 27, 2016
WellDog has inked exclusive, multi-year contracts worth about A$35 million through its Artificial Lift business unit based in Toowoomba, Queensland. The contracts commit the company to providing cost effective, downhole progressing cavity pumping (PCP) system equipment, as well as technologies
Suspension Order Lifted at Metals Exploration’s Runruno Gold Mine, Philippines
April 26, 2016
Metals Ex can now commission the tailing discharge pipeline and the RSI, and begin processing of ore and first production. The partial suspension order over its Runruno gold mine in the Philippines was lifted. Permit delays and the impact of
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