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Asanko Gold Reaches First Production from Phase One of Its Asanko Gold Mine, Ghana
February 1, 2016
Asanko Gold Inc. has reported the first gold production of approximately 400 ounces from Phase 1 of the Asanko Gold Mine in Ghana. This follows the successful commencement of operations of the entire processing facility one month ahead of schedule.
Silver Wheaton Enters $140 Streaming Agreement with Panoro Minerals’s Cotabambas Project, Peru
February 1, 2016
Silver Wheaton Corp.‘s wholly-owned subsidiary, Silver Wheaton (Caymans) Ltd., has signed a nonbinding term sheet with Panoro Minerals Ltd. and its wholly owned subsidiary Cordillera Copper Ltd. to enter into an early deposit precious metals purchase agreement for the Cotabambas
Goldsource Mines Begins Commissioning of Its Eagle Mountain Gold Project, Guyana
February 1, 2016
Goldsource Mines Inc. has completed Phase I construction at its Eagle Mountain Gold Project located in Guyana, South America, with commissioning of the operation underway. Production plans for Phase I are based on the preliminary economic assessment of the Eagle
Centurion Executes JV Agreement with Demetra Minerals to Develop Ana Sofia Gypsum Project, Argentina
February 1, 2016
Centurion Minerals Ltd. has signed a definitive joint venture agreement with Demetra Minerals Inc. to develop the Ana Sofia agricultural gypsum project in Santiago del Estero province, Argentina. Demetra is the beneficial owner of 100 percent interest in the Ana
Monitoring of Sand Mining to Go Hi-tech in India
January 29, 2016
Monitoring of river sand-mining and transport is set to go hi-tech. The guidelines on sustainable sand mining notified by the Union Ministry of Environment, Forests and Climate Change (MoEFs) earlier this month prescribe a modern, technology-assisted system to keep an
Africa’s Mining Sector to Reform Worker Compensation System
January 29, 2016
The mining industry yesterday kick-started discussions that will pave the way for a reform of the compensation system and hopefully improve the lives of thousands of current and ex-mineworkers who were exposed to occupational hazards. The two-day workshop, held in
Iran, Italy, France Line Up Mining Deals
January 29, 2016
Iran’s mining sector is probably a new darling of foreign investors, with companies from China to Europe lining up to try their hand in one of the least developed industries in the resource-rich country. Iranian and Italian companies hope to
Four Fatalities in Underground Mine Fire at Impala Platinum Mine, Rustenburg
January 29, 2016
The Chamber of Mines has expressed its condolences to the families of four workers who died at the Impala Platinum Mine in Rustenburg, and has urged the industry to improve fire detection systems. The workers died of smoke inhalation after
MACH Energy to Acquire Rio Tinto’s Mount Pleasant Coal Assets for US$224 Million, Australia
January 28, 2016
Rio Tinto has reached a binding agreement for the sale of its Mount Pleasant thermal coal assets to MACH Energy Australia Pty Ltd for US$224 million plus royalties. With the recent binding agreement for the sale of Rio Tinto’s interest
Reservoir Minerals and Rio Tinto Complete Earn-In & JV Agreement for Timok Magmatic Complex, Serbia
January 28, 2016
Reservoir Minerals Inc. and Rio Tinto Mining & Exploration Limited have completed an earn-in and joint venture agreement. Under the terms of the agreement, Rio Tinto has the option to earn-in stages up to a 75 percent interest in Reservoir’s
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