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Hexagon Resources Raises $1.35M to Develop Its McIntosh Graphite Project, Western Australia
March 11, 2016
Hexagon Resources Ltd has closed a $1.358 million capital raising at $0.08 each with new and existing institutional funds, and sophisticated / professional investors for the company’s McIntosh graphite project in Western Australia. The company planned to place 12 million
Venezuela Congress Takes Up Case of 28 Missing Miners
March 11, 2016
Opposition politicians on Tuesday are putting more pressure on Venezuela’s government to increase search efforts in order to determine what happened to a group of 28 missing miners who were allegedly killed by gang members. More than 1,000 soldiers fanned
Coal India Receives Green Nod for 22 Mining Projects Fiscal Year 2016
March 11, 2016
As many as 22 mining projects of state-owned Coal India have received green clearance this fiscal. “So far, in the current fiscal, 16 coal mining projects of Coal India having an additional capacity of 48 million tonnes received environment clearance,”
Red Metal Maps Out Underground Mining, Processing Options for Maronan Project, Queensland
March 11, 2016
Red Metal Limited has mapped out underground mining and processing options for its lead-silver and copper-gold resources at the Maronan Project in Northwest Queensland. The current inferred resource will see more infill and step-out exploration drilling to upgrade the resource
Venezuela Congress Takes Up Case of 28 Missing Miners
March 10, 2016
Opposition politicians on Tuesday are putting more pressure on Venezuela’s government to increase search efforts in order to determine what happened to a group of 28 missing miners who were allegedly killed by gang members. More than 1,000 soldiers fanned
Mawson West to Place Kapulo Copper Mine on Care and Maintenance, DRC
March 9, 2016
Mawson West Limited has decided to place its Kapulo mine on care and maintenance. The company projects to cease mining at the end of March, while milling operations will continue into April. The company has made this decision due to
Aureus Mining Begins Commercial Production at Its New Liberty Gold Mine, Liberia
March 9, 2016
Aureus Mining Inc. has begun commercial production at the New Liberty Gold Mine in Liberia effective March 1, 2016. Gold production at New Liberty exceeded 9,000 ounces during February 2016. The process plant is now operating in line with both
Flinders Advances Key Initiatives at Its Woxna Graphite Plant in Sweden
March 9, 2016
Flinders Resources Limited has provided an update on its two key initiatives to produce high purity spherical graphite and graphene to position its 100 percent owned Woxna graphite mine as a leading supplier to the current and future graphite and
Silver Mines to Acquire Kingsgate’s Bowdens Silver Project, New South Wales
March 9, 2016
Silver Mines will control 220 million ounces of silver equivalent if the acquisition of the Bowdens Silver Project in New South Wales from Kingsgate Consolidated is completed. Bowdens is located in central New South Wales, 26 kilometers east of Mudgee
Excalibur Resources Enters $5 Million Gold Streaming Agreement for Gold Mine in Peru
March 9, 2016
Excalibur Resources Ltd.‘s non-binding proposal to make a US$5 million purchase of a gold metal stream representing 5 percent of the annual production of an open pit gold mine in Peru which has averaged 35,000 ounces of gold production annually
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