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Avnel Golds Reports Metallurgical Results & Process Plant Design for DFS, Kalana Main Project, Mali
February 9, 2016
Avnel Gold Mining Limited has reported metallurgical test program results completed as part of a definitive feasibility study (DFS) for the Kalana Main Project in south-western Mali. The company also provided details on the processing plant design parameters for the
Roxgold Continues to Advance Construction of Yaramoko Gold Project in Burkina Faso, West Africa
February 9, 2016
Roxgold Inc. has continued to advance construction of the Yaramoko Gold Project. The Yaramoko Gold Project has advanced considerably with significant infrastructure packages now complete. Underground mine development rates are ahead of plan and the project continues to track on
Royal Nickel Provides Update on Salt Lake Mining Acquisition, Australia
February 9, 2016
Royal Nickel Corporation has provided an update that Salt Lake Mining Pty Ltd. (SLM) has sold its non-core 100 percent-owned Widgiemooltha and Carr Boyd exploration projects for a cash payment of A$1.6 million plus a future contingent payment of A$0.6
Adani Power to Build $2.2 Billion Coal Fired Power Plant in Jharkhand, India
February 9, 2016
Adani Power Ltd will soon sign a deal to set up a $2.2 billion coal-based power plant in Jharkhand state, two people with knowledge of the matter said, as its controlling shareholder aims to nearly double capacity this decade. The
Luxembourg Ministry of the Economy Launches Initiative to Back Asteroid Mining
February 9, 2016
One small step for a man, one giant leap for a duchy: Mining asteroids for minerals is one step closer to reality after tiny Luxembourg announced plans Wednesday to help the fledgling industry get into orbit. The Luxembourg Ministry of
Richland Resources Ramps Up Production at Its New Sapphire Operations, Queensland
February 9, 2016
Richland Resources has exceeded production targets and notched up first revenues from its new sapphire operation in Queensland, Australia. The miner produced 720,000 carats in the three months to December as it continued to ramp up to full production. Over
Xtract Gets Green Light to Re-start Chepica Gold Processing Plant, Chile
February 9, 2016
Xtract Resources has been granted permission to re-start its processing plant at the Chepica gold mine in Chile. Ore will start to be processed again tomorrow morning and be back to full capacity in a few days, Xtract said. The
Kibo Mining Completes First Phase of IBFS for Its Mbeya Coal to Power Project, Tanzania
February 9, 2016
Kibo Mining has completed the first phase of Integrated Bankable Feasibility Study (IBFS) for the Mbeya coal to power project in Tanzania. Before Mbeya can advance to financial close, it must first deliver an appropriately competent IBFS that meets internationally
China Stops Approvals of New Coal Mines
February 8, 2016
China won’t approve any new coal mines before the end of 2019, the State Council said on February 5, as authorities work to slash overcapacity in the industry. The country will shut down 500 million tonnes of capacity and consolidate
Golden Star Advances with Underground Work at Its Wassa Gold Mine, Ghana
February 8, 2016
Golden Star has provided an update on exploration activities at its Wassa gold mine in Ghana. The Wassa Underground has advanced significantly since development began in July 2015, from a single orebody (the B Shoot) to adding the F Shoot
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