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Premier African Minerals Begin Processing Underground Ore at RHA Tungsten Mine, Zimbabwe
February 24, 2016
Premier African Minerals has started to process underground ore at its RHA tungsten mine in Zimbabwe. George Roach, chairman and chief executive, said: “I am happy to report that our plant at RHA is now back in operation and processing
Saracen Pours First Gold at Thunderbox Gold Project, Western Australia
February 24, 2016
Mid-tier gold producer Saracen Mineral Holdings has now poured its first gold from the wholly-owned Thunderbox Gold Project in Western Australia. Thunderbox gives the company the level of production and cashflow sought after by international investors, while enabling it to
Minbos Resources Raises $3.4M for Bankable Feasibility Study for Its Phosphate Project, Angola
February 23, 2016
Minbos Resources will receive $3.4 million in funding to complete a Bankable Feasibility Study on its high grade phosphate project within the Cabinda Province of Angola. The placement to Green Services Innovations Ltd, a British Virgin Islands company, will involve
Kibaran Resources Raises $2 Million for Development of Epanko Graphite Project, Tanzania
February 23, 2016
Kibaran Resources has raised $2 million at $0.15 each to progress the due diligence process for financing the development of the Epanko Graphite Project in Tanzania. KfW IPEX-Bank, the development funding agency of the German Government, was undertaking due diligence
Latin American Minerals Progressing with Paso Yobai Mine and Processing Operations in Paraguay
February 23, 2016
Latin American Minerals Inc. is progressing with mining and exploration at its Paso Yobai gold mining operation in Paraguay. In order to determine the most efficient and cost effective methods for producing gold from the company’s operation, the services of
Cluff Natural Resources Extends Halliburton Arrangement for Gas Portfolio and UCG Assets
February 23, 2016
Cluff Natural Resources has told investors that it has extended its arrangement with US oil and gas services group Halliburton for a further two year. The arrangement secures Halliburton’s support for CLNR’s Southern North Sea gas portfolio, which comprises five
Oro Verde, Newcrest Mining Aim for Multi-million Gold Ounces at Topacio Project, Nicaragua
February 23, 2016
Oro Verde and major gold partner Newcrest Mining have begun an aggressive exploration program to find a substantial gold deposit in the South American nation of Nicaragua. In the sights of the farm-in between the companies is potentially a multi-million-ounce,
Savannah Resources Set to Apply for Mining Leases at Its Copper-Gold Projects in Oman
February 23, 2016
Savannah Resources is making “excellent” progress with its copper-gold projects in Oman, it told investors, releasing the remaining assays from drilling completed at the end of December. Priorities for Blocks 4 and 5 include now a mineral resource estimate for
Jubilee Platinum Nears Commissioning of Dilokong Processing Plant, South Africa
February 23, 2016
Jubilee Platinum is to commission its new platinum tailing processing plant at ASA Metals’ Dilokong chrome mine in South Africa this month. Erection of its chrome plant has been carried out and final tie-ins for piping, electrics and controls are
Anfield Nickel to Acquire Magellan Minerals to Develop Coringa Gold Project, Brazil
February 22, 2016
Anfield Nickel Corp. and Magellan Minerals Ltd. have entered into a definitive arrangement agreement dated February 16, 2016 whereby Anfield will acquire Magellan. The resulting entity will be an emerging gold producer with a post-deal market capitalization of approximately $48
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