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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
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
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
Jubilee Platinum Secures $17.5 Million for Platinum Tailings Developments, South Africa
March 23, 2016
Jubilee Platinum has agreed funding for both of its platinum tailings projects in South Africa. The US$17.5mln package comprises up to US$15mln of senior and unsecured debt and US$2.5mln of equity finance from a placing at 2.8p per share. Jubilee
Pacific American Coal Acquires Stake in Australian Developer of Graphene-based Coatings
March 23, 2016
Pacific American Coal Ltd will retain its Elko Coking Coal Project but acquire a 20 percent stake in Imagine Intelligent Materials Pty Ltd, an Australian developer of graphene-based coatings for industrial textiles and fibers. PAK will initially acquire 20 percent
North River Resources Hits High Grade Zinc at Namib Project, Namibia
March 23, 2016
Further drilling at its flagship Namib lead-zinc project in Namibia has hit high grade mineralization and underlined the site’s resource potential, North River Resources plc told investors today. It came as the group updated on current work and said it
Keras Resources Expected to Kick-off Mining at Grants Patch Tribute Deal, Western Australia
March 23, 2016
Mining is expected to kick off next week under the Grants Patch tribute deal, underscoring the firm’s new direction and strategy, said AIM firm Keras Resources PLC. A first blast has been completed at the Anomaly 22 project in Western
Oracle Coalfields Benefits from Tax Incentives for Its Thar Coal Project, Pakistan
March 23, 2016
Oracle Coalfields PLC has welcomed the extension of Pakistan’s fiscal incentives while it is developing its 1.4bn Thar coal and power project in the country. Chief executive Shahrukh Khan said: “The extension of the 20 percent IRR (in US$ terms)
Aeris Resources to Develop Its Murrawombie Underground Copper Mine, New South Wales
March 23, 2016
Australia’s fifth largest copper producer, Aeris Resources Ltd will up the pace of development at its Tritton operations near Nyngan in New South Wales, with a decision to develop the Murrawombie Underground copper mine. First ore is expected be delivered
Jet Gold Enters Into Agreement to Acquire 30% of Haib Copper Deposit, Namibia
March 22, 2016
Jet Gold Corp. has entered into an agreement to acquire 30 percent of Haib Minerals (PTY) Ltd. in exchange for 45 million common shares of Jet Gold to be issued to the shareholders of 1054137 BC Ltd. BC holds 100
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