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Alecto Completes JV Deal with Randgold for Kossanto West Gold Project, Mali
March 2, 2016
Alecto Minerals said its previously announced joint venture with mining major Randgold Resources had been completed. All conditions for exploring and developing Alecto’s 137 sq km Kossanto West Gold project in western Mali have now been satisfied. Alecto chief Mark
Sembcorp Launches 2,640MW Coal Power Complex in Andhra Pradesh, India
March 2, 2016
Singapore based Sembcorp and its project partner Gayatri Energy Ventures have launched the 2,640MW Sembcorp Gayatri Power Complex in Nellore, in Andhra Pradesh state of India. Built with an investment of $3bn, the power complex is claimed to be the
Atlantic Gold Awards Ausenco EPC Contract for Its Moose River Consolidated Project, Nova Scotia
March 1, 2016
Atlantic Gold Corporation has awarded Ausenco an engineering procurement and construction (EPC) contract for its Moose River Consolidated Project in Nova Scotia. This proposal allows Atlantic to fix the construction costs of the process plant and related infrastructure, representing approximately
Kibo Receives Government Backing for Mbeya Coal-to-Power Project, Tanzania
March 1, 2016
Kibo Mining has been asked to fast track its coal to power project in Tanzania after meeting with government representatives last week. Kibo chief executive Louis Coetzee met with Professor Sospeter Muhongo, Tanzania’s minister of energy and minerals, to discuss
Continental Gold Completes Feasibility Study for Buritica Project in Antioquia, Colombia
March 1, 2016
Continental Gold Inc. has completed an independent feasibility study (FS) for its 100 percent-owned Buriticá project in Antioquia, Colombia. The FS indicates that the Buriticá project will be host to an economically robust, high-grade underground gold mine. The FS indicates
Alphamin Resources Completes Feasibility Study for Bisie Tin Project, Democratic Republic of Congo
March 1, 2016
Alphamin Resources Corp has completed the feasibility study for its 84.55 percent owned Bisie Tin Project in east central Democratic Republic of Congo (DRC). The study supports a technically simple underground mining operation with recovery of tin via gravity separation
Amarillo Gold Completes Public Hearing for Environmental Permitting of Posse Deposit, Brazil
March 1, 2016
Amarillo Gold Corp. has completed the public hearing, which is the last major step in obtaining the preliminary environmental license (LP) for Amarillo’s Posse gold deposit, was held on February 23, 2016 in the town of Mara Rosa, Goias state,
INV Metals to Complete Updated PFS for Loma Larga Underground Gold Project, Ecuador
March 1, 2016
INV Metals Inc. has approved the preparation of an updated preliminary feasibility study (PFS) on its 100 percent owned Loma Larga project in Ecuador based on the appropriate laws and regulations applicable to large-scale mining which govern underground operations with
Patagonia Gold Expects Production Start at Its Cap-Oeste Propsect by Autumn, Argentina
March 1, 2016
Patagonia Gold expects to start production from its Cap-Oeste propsect in Argentina by the autumn. Production in 2016 is estimated at 15,700 ounces of gold equivalent, though by then, mining at its Lomada mine in Argentina will have halted after
Russian Coal Mine Accident at Severnaya Mine Kills 36 Miners and Five Rescuers
March 1, 2016
A methane gas leak at a coal mine in Russia’s far north triggered three explosions that ignited a raging fire and partially collapsed the mine, killing 36 people, officials said Sunday. The dead included five rescue workers and a mine
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