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GME Resources in High Gear with New Financing Boost for Devon Gold Mine, Western Australia
March 22, 2016
GME Resources Limited’s mining at Devon Gold Mine in north eastern goldfields of WA is progressing well and remains on track with approximately 6,500 tonnes of ore stockpiled and a further 1,000 tonnes to be mined over the next few
Khan Resources Reaches US$70 Million Settlement with Government of Mongolia
March 22, 2016
Khan Resources Inc. has received a notice of discontinuance from the Paris Court of Appeal that the annulment proceedings initiated by the Government of Mongolia against the international arbitration award rendered in favor of Khan are now terminated. Proceedings in
Kinross Responds to Chile’s SMA Notification Regarding the Maricunga Mine
March 22, 2016
Compañía Minera Maricunga (CMM), a wholly-owned subsidiary of Kinross Gold Corporation, has been notified by Chile’s environmental regulatory authority (the SMA) of a resolution commencing a legal process that will seek to require CMM to close the Maricunga mine‘s water
Anger in China’s Coal Country as Miners Feel Left Behind
March 22, 2016
Hanging from a highway overpass two hours’ drive from the Siberian border, a local government banner reads like a last-gasp exhortation to this exhausted coal community: “Improve our structure, change our methods, transform our city.” This area has transformed in
Renascor Resources Defines Significant Graphite Deposit at Its Arno Graphite Project, Australia
March 22, 2016
Renascor Resources Ltd has released its maiden JORC estimate for the Siviour deposit, located in South Australia’s Eyre Peninsula which ranks as the largest reported graphite mineral resource in Australia. The indicated and inferred mineral resource was a total of
Altech Chemicals Appoints EPC Contractor for Its High Purity Alumina Project, Western Australia
March 22, 2016
Altech Chemicals Ltd has appointed M+W Group as its engineering, procurement and construction (EPC) contractor for its high purity alumina (HPA) project. The appointment of M+W Group as EPC contractor by Altech marks the formal commencement of the final detailed
China’s SHENWU Environmental Develops New Clean Coal Technologies
March 22, 2016
For years, coal has been the major energy resource for China’s economic development. However, such energy structure has been blamed for the foul air, as use of coal will release great amount of carbon dioxide and sulfur dioxide. In a
Strongbow to Acquire South Crofty Tin Project in Cornwall, UK
March 21, 2016
Strongbow Exploration Inc. has reached an agreement whereby Strongbow has the right to acquire, from administration, a 100 percent interest in the South Crofty Tin Project and associated mineral rights in Cornwall, UK. “Cornwall is a world class tin district
B2Gold Corp Secures $221 Million to Fully Fund Fekola Mine Construction, Mali
March 21, 2016
B2Gold Corp. has received approvals for gold prepaid sales financing arrangements of up to $120 million, has signed a commitment letter to enter into a Euro equivalent of $81 million term mining equipment facility, and has increased the size of
Korab Resources Discovers Gold at Winchester Magnesite Project, Australia
March 18, 2016
Korab Resources Ltd has found gold at its Winchester magnesite project in the Northern Territory after assays from historical drilling of holes drilled in 1999 and 2000 by the previous owners revealed significant gold hits. The two holes assayed returned
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