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Horizonte Minerals Set to Complete PFS for Its Araguaia Nickel Project, Brazil
March 16, 2016
Horizonte Minerals PLC’s deal last year with titan Glencore to buy the adjacent nickel project to Araguaia was a ‘game changer’, says boss Jeremy Martin. And the focus in the first half of 2016 will be to integrate the two
Algold Resources to Acquire Gryphon Minerals’ Gold and Copper Assets in Mauritania, Africa
March 15, 2016
Gryphon Minerals Ltd will sell its Tijirit Gold and Akjoujt copper and gold projects in Mauritania to Algold Resources Ltd for shares and cash of A$3 million, upon milestones being attained. Gryphon will receive a 8,700,000 shares in Algold immediately,
Macarthur Minerals Expands Lithium Projects in Eastern Pilbara Region, Western Australia
March 15, 2016
Macarthur Minerals Limited has made applications for additional exploration licences in the Eastern Pilbara region of Western Australia for potential lithium projects. In addition to the company’s existing Pilgangoora applications for exploration licences, the company has applied for a further
B&W Awarded $80M Contract to Supply Boiler for Masinloc Thermal Power Plant Expansion, Philippines
March 15, 2016
The Babcock & Wilcox Company (B&W), has been awarded a contract for more than $80 million to design and manufacture a highly efficient, supercritical boiler and other components for the Masinloc Thermal Power Plant expansion project in Zambales Province, Philippines.
True Gold Begins Leaching Ore at Karma Mine in Burkina Faso, West Africa
March 15, 2016
True Gold Mining Inc. has started irrigating ore on the heap leach pad and is well advanced with commissioning the ADR plant. Mining is ahead of schedule with 600,000 tonnes stockpiled at above average reserve grade. The Karma Mine is
Graphite One on Target to Produce Carbon-Coated Spherical Graphite, Alaska
March 15, 2016
Graphite One Resources Inc. has commenced product development test work to produce carbon-coated spherical graphite from STAX graphite sourced from the company’s Graphite Creek deposit near Nome, Alaska. “Production of carbon-coated spherical graphite will be a key step for us.
Tlou Energy Advances Plans for Coal-fired Power Plant in Botswana
March 15, 2016
Australia and London-listed Tlou Energy Limited is continuing negotiations with potential off-take partners for its Lesedi CBM (coal bed methane) project in Botswana, it told investors posting latest half year results. The period charted considerable progress, with plenty more to
Five Fatalities and 26 Rescued in Coal Mine Collapse in Pakistan
March 15, 2016
A mine collapsed after heavy rains in northwest Pakistan, killing at least five workers and injuring 10 others, authorities said Sunday. Rescuers pulled 26 miners to safety, according to the National Disaster Management Authority. Dozens of troops helped with the
Boliden Acquires First Quantum’s Kevitsa Mine for $712 Million, Finland
March 14, 2016
First Quantum Minerals Ltd. has entered into a sale and purchase agreement with Boliden AB to sell its Kevitsa nickel-copper-platinum group elements mine in Finland. Under the terms of the sale, Boliden will acquire Kevitsa for a cash consideration of
Newmont Sells Its Stake in Australia-based Regis Resources for $182 Million
March 14, 2016
Newmont Mining Corporation has closed the sale of its 19.45 percent equity stake in Regis Resources Ltd. for total net proceeds of US$182 million (A$243 million). The sale was managed by a broker and distributed globally to a broad range
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