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Contest Underway to Name 1,100+ Carat Type IIa Diamond Recovered from Lucara’s Karowe Mine, Botswana
February 5, 2016
Lucara Diamond Corp. has a contest underway for the official naming of the extraordinary 1,100+ carat Type IIa diamond recovered in November of last year from the company’s Karowe mine in Botswana. This beautiful, gem quality diamond is the largest
Peninsula Mines Files Tenement Applications for Lithium Projects, Korea
February 5, 2016
South Korean lithium explorer Peninsula Mines has filed tenement applications over a number of prospects in South Korea prospective for lithium where exploration work is ongoing. One of these is the Dongsugok prospect that is adjacent to the Boam lithium
Ariana’s Latest Drilling Results Could Extend Mine Life for Kiziltepe Gold-Silver Mine, Turkey
February 5, 2016
Ariana Resources has hailed results from final phase drilling at the Kiziltepe mine area in Turkey, which could lead to further increases in the mine life. Kiziltepe is currently being constructed and will be 50 percent owned by the firm
Strategic Minerals Moves Away from Bulks like Iron and Coal, to Focus on Nickel Project, Australia
February 5, 2016
Strategic Minerals has moved away from bulks like iron and coal, securing an option to acquire up to 50 percent of an Australian firm with nickel and rare earth exploration potential. The firm has the right to acquire up to
BHP Mining’s Spin-off South32 to Cut 620 Jobs
February 5, 2016
BHP Billiton spin-off South32 will slash 620 jobs and has flagged widespread job losses in Australia after revising down its commodity price forecasts. South32 expects to book $US1.7 billion ($A2.37 billion) in writedowns as it slashes costs and production volumes
Albemarle Approved to Increase Lithium Brine Extraction Rates, Enters Lithium Quota MOU, Chile
February 4, 2016
Albemarle Corporation has been granted approval by the Environmental Assessment Commission (CEA) of the Antofagasta Region to increase its currently authorized lithium brine extraction rate at the company’s facility in the Salar de Atacama, Chile. The increase will enable the
Newmarket Gold Pours Its One Millionth Ounce at Fosterville Gold Mine in Victoria, Australia
February 4, 2016
Newmarket Gold’s flagship Fosterville Gold Mine, the largest producing gold mine in Victoria, Australia, poured its one millionth ounce of gold on January 7, 2016. This important milestone represents more than 11 years of continuous operations since mining commenced in
East Africa Metals Acquires Adyabo Gold-Silver Project, Ethiopia
February 3, 2016
East Africa Metals Inc. has acquired the Adyabo gold-silver project in Ethiopia. The company received confirmation from the holder of a 20 percent participating interest on the Adyabo property that it wishes to convert its 20 percent interest to a
Sierra Metals Discovers Significant New High Grade Zone at Its Yauricocha Mine, Peru
February 3, 2016
Sierra Metals Inc. has discovered a new high grade sulfide zone, referred to as the “Esperanza” zone, located 400 meters north of the central mine area, along strike from current mining activities. The discovery comes as part of ongoing drill
Indo Mines to Acquire Indonesian Mining and Oil Services Supplier
February 2, 2016
Indo Mines will add an interesting asset to its portfolio after signing an agreement to acquire control of an Indonesian mining and oil services supplier. Indo Mines will acquire a 51 percent stake in Sapex Oil Tools Limited which has
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