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Euromax Secures $30 Million for Construction of Its Ilovica Copper-Gold Project, Macedonia
April 11, 2016
Euromax Resources Ltd. has entered into a term sheet for an investment of up to US$30 million and a strategic alliance with CC Mining S.A. (CCM) which is related to Consolidated Contractors Company Group (CCC Group), in respect of certain
Production to Start 2Q 2016 at Ariana Resources’ Red Rabbit Gold Mine, Turkey
April 8, 2016
Ariana Resources PLC’s partner in the Red Rabbit gold project, Proccea, now owns 42 percent of the joint venture having spent a further US$2.4mln over the past twelve months. Proccea has also committed to another US$2.1mln to take its final
Highfield Resources Confident of Environmental Clearance, Mining Concession for Muga Potash Project
April 8, 2016
Highfield Resources Ltd is hopeful of soon receiving an environmental impact declaration (DIA) followed by a mining concession from the Spanish government to begin construction at its Muga Potash Project in northern Spain. The Spanish central government’s Department of Agriculture,
Kibo Mining Completes Feasibility Study for Mbeya Coal to Power Project, Tanzania
April 8, 2016
Kibo Mining, the Tanzania focused mineral exploration and development company, has announced that the Mbeya Coal to Power Project, Definitive Power Feasibility Study work has been completed on schedule. The DPFS report is now subject to a review process. The
Anglo American to Sell 70% Stake in Foxleigh Coal Mine in Queensland, Australia
April 8, 2016
Anglo American has entered into a Sale and Purchase Agreement with a consortium led by Taurus Fund Management to sell its 70 percent interest in the Foxleigh metallurgical coal mine in Queensland, Australia. The transaction will be effected via a
De Beer Encounters First Gem-bearing Ore at Its Jwaneng Operation Expansion, Botswana
April 8, 2016
De Beers’s project to expand the world’s most valuable diamond mine has encountered its first gem-bearing ore, seven years after it started. The 24 billion-pula ($2.2 billion) plan to enlarge the Jwaneng operation in Botswana will eventually access an estimated
Asanko Gold Begins Commercial Production at Its Asanko Gold Mine in Ghana, West Africa
April 7, 2016
Asanko Gold Inc. has begun commercial production at Phase 1 of the Asanko Gold Mine, located in Ghana, West Africa, effective April 1, 2016, a quarter ahead of schedule. Gold production will continue to ramp-up during Q2 2016 as the
U.S. ITC Proceeds with Case Against China Imports for Stainless Steel Sheet and Strip
April 7, 2016
The U.S. International Trade Commission (ITC) made a unanimous preliminary determination that unfairly-traded imports of stainless steel sheet and strip are causing injury to U.S. producers. The preliminary injury determination means that the cases against imports from China will proceed.
Aberdeen’s African Thunder Platinum Suspends Operations at Smokey Hills Mine, South Africa
April 6, 2016
Aberdeen International has provided an update on mining activities at African Thunder Platinum. African Thunder Platinum (ATP) has decided to temporarily suspend mining operations at the Smokey Hills platinum-palladium mine effective immediately. ATP was engaged in a process to review
Dynasty Suspends Activity at Zaruma Gold Mine After Employees Walk Out, Ecuador
April 6, 2016
An unexpected walkout by workers at Dynasty Metals & Mining Inc.‘s Zaruma gold mine in Ecuador has resulted in the temporary suspension of all activities at the mine. Administration and all other projects of the company are unaffected. Dynasty is
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