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Kibo Mining Completes Power Definitive Feasibility Study for Its Coal Fired Mbeya Project, Tanzania
May 3, 2016
Kibo Mining has completed the power definitive feasibility study (PDFS) on its coal fired Mbeya project in Tanzania (MCPP). The final and official PDFS report will be delivered to the chief executive on May 2, during a scheduled project meeting
PanTerra Gold and Guangxi Gold to Build Albion Carbon-in-Leach Demonstration Plant, China
May 3, 2016
PanTerra Gold Ltd will partner with the Guangxi Gold Company to jointly construct a 25,000 tonnes per annum Albion/carbon-in-leach demonstration plant in the Guangxi Province, China for the processing of arsenopyrite ores. Guangxi, a major Chinese gold producer’s regional subsidiary,
Avnel Gold Receives ESIA Approval for Kalana Main Project in Mali, West Africa
May 2, 2016
Avnel Gold Mining Limited’s environmental and social impact assessment (ESIA) and the associated environmental and social management plan (ESMP) for the development of the Kalana Main Project has been approved by the Malian authorities. Approval of the ESIA was the
Anglo American to Sell Its Niobium and Phosphates Businesses to China Molybdenum for $1.5 Billion
May 2, 2016
Anglo American plc has reached an agreement with China Molybdenum Co. Ltd (CMOC) to sell its niobium and phosphates businesses for a total cash consideration of $1.5 billion. The total consideration will be payable to Anglo American at closing, subject
SME Foundation’s Miners Give Back Program Fosters Sustainability, Guatemala
May 2, 2016
The Miners Give Back (MGB) program of the Society for Mining, Metallurgy & Exploration Foundation (SMEF) continues its collaboration with Engineers Without Borders USA (EWB-USA) in awarding the 2016 MGB grant to support the second phase of a sustainable water
Mogalakwena Mine and Community Benefits from ThoroughTec’s High-Fidelity Simulators, Africa
May 2, 2016
Employees of Anglo American’s Mogalakwena platinum mine in Limpopo Province, as well as the surrounding community, are reaping the benefits of the mine’s high-fidelity, simulator-training program. The mine has recently purchased another CYBERMINE Full Mission Simulator (FMS) from ThoroughTec Simulation,
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
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