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Metso Awarded Full Crushing and Screening Plant Delivery Contract with Gécamines in Senegal

March 29, 2016

Metso has signed a contract with Gécamines, a subsidiary of the Vicat group, situated in West Africa, for a second complete crushing and screening plant. The order was booked at the end of fourth quarter 2015. The order includes the

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ALROSA Expands Into Vladivostok, Russia

March 29, 2016

ALROSA will open a branch in Vladivostok. It is the first step on the way to creating Russian Diamond Center in the Primorye Territory. The branch will define the range of potential participants and investors to create Russian Diamond Center

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19 Fatalities in Coal Mine Accident in Northern China

March 29, 2016

Chinese state media is reporting 19 miners have been killed in a coal mine accident in northern China. The official Xinhua News Agency said Thursday that the accident happened Wednesday night on an underground platform. The brief report cited the

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Lara Exploration to Acquire Serrita Gold Project for $1.65 Million, Brazil

March 28, 2016

Lara Exploration Ltd. has signed an option agreement to acquire the Serrita Gold Project in Pernambuco State, northeast Brazil. The property comprises three exploration licenses, totaling 5,998 hectares, covering a wide area of artisanal workings that follow narrow gold-bearing veins

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Next Graphite’s JV Partner Signs Letter of Intent to Supply Graphite from Aukam Mine, Namibia

March 28, 2016

Next Graphite, Inc.‘s joint venture partner has secured an LOI in which the venture will supply up to 5,000 metric tonnes of graphite material to a vertically integrated graphite producer over the course of the next year. First shipment is

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Bothma Diamonte to Acquire Tango Mining’s Oena Diamond Project for $3 Million, South Africa

March 24, 2016

Tango Mining Limited has received a binding offer from Bothma Diamonte CC, an unrelated third party company registered in South Africa, to acquire African Star Minerals (Pty) Limited that owns 100 percent of the Oena Mine located in Northern Cape,

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Roxgold Extends Land Position on Hounde Belt with Acquisition of Houko Permit, Burkino Faso

March 23, 2016

His Excellency, Alfa Oumar Dissa, Burkina Faso Minister of Mines, has approved the transfer of the Houko permit from Daritos Or SARL to Roxgold Inc.‘s wholly owned subsidiary Roxgold Exploration SARL (REX). The Houko permit lies adjacent to the company’s

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Alhambra Resources Commences International Arbitration Against the Government of Kazakhstan

March 23, 2016

Alhambra Resources Ltd., on March 11, 2016, submitted a request for arbitration against the Republic of Kazakhstan at the International Centre for Settlement of Investment Disputes (ICSID). On March 16, 2016, ICSID acknowledged the receipt of the request and transmitted

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Fairmont Resources Signs Agreement to Acquire Major Dimension Stone Producer in Spain

March 23, 2016

Fairmont Resources Inc. has proposed the addition of significant dimension stone assets in Spain to its industrial minerals businesses. Fairmont has signed an agreement to acquire the former assets of Granitos de Badajoz S.A. (Grabasa) from a Spanish court appointed

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Dynacor Gold to Finish Construction of Its Veta Dorada Processing Plant by April, Southern Peru

March 23, 2016

Dynacor Gold Mines Inc. has released a third progress report on the construction of its new 300-tonne per day ore processing plant located in Chala in Southern Peru. As of March 22, construction is 90 percent complete. The corporation expects

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