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Plateau Uranium Releases Updated PEA Results for Macusani Plateau Uranium Project, Peru
January 26, 2016
Plateau Uranium Inc. has released updated preliminary economic assessment (PEA) results for the Macusani Plateau uranium project, located in the Puno Department of southeastern Peru. Key highlights of PEA: • Cash operating costs to average US$17.28/lb U3O8 over the life
Lundin Gold Releases Positive Metallurgical Results at Fruta del Norte Project, Ecuador
January 26, 2016
Lundin Gold Inc. has released positive results from its comprehensive metallurgical testwork program on the Fruta del Norte (FDN) project. Based on the results of the recently completed metallurgical programs, the company has confirmed the gravity float leach (GFL) flowsheet
Fatality at Centerra Gold’s Kumtor Mine, Kyrgyz Republic
January 26, 2016
A fatality has occurred at Centerra Gold Inc.‘s Kumtor mine in the Kyrgyz Republic. The individual, a mill employee, was fatally injured while working on the night shift January 24, 2016 at the ore conveyor in the Kumtor mill. An
Shanta Gold Boosts Reserves at New Luika Mine, Tanzania
January 26, 2016
Shanta Gold has added more reserves at its New Luika mine in Tanzania with an upgrade to the Elizabeth Hill satellite. The deposit, which is 3km from the central processing plant at New Luika (NLGM), has a new reserve of
Gold Road Resources Advances With Feasibility Work at Gruyere Project, Western Australia
January 26, 2016
Gold Road Resources is poised for strong newsflow and growth this year after committing A$10 million to its 2016 gold exploration budget as the company’s 5.6-million-ounce Gruyere deposit in Western Australia progresses fully funded feasibility work. Gruyere — which is
Rescue Capsule Readied for 4 Chinese Miners Trapped for a Month at Gypsum Mine
January 26, 2016
Rescue workers are readying a man-size capsule in their final step to extract four miners trapped for nearly a month inside a collapsed gypsum mine in eastern China, officials said Saturday. The red capsule, designed to accommodate a 6-foot-3-inch person,
Kilo Goldmines and Randgold Resources Sign JV Agreement on Kilo’s Somituri Properties, DRC
January 25, 2016
Kilo Goldmines Ltd. (KGL) and Randgold Resources (DRC) Limited have signed a definitive agreement for a joint venture on Kilo Goldmines’ Somituri licenses located in Democratic Republic of Congo (DRC). The purpose of the JV is to conduct exploration on
KAZ Minerals Sign Deals with Hexagon Mining, Kazakhstan
January 25, 2016
Hexagon Mining increases its presence in Kazakhstan after signing deals with two prominent mine sites, Bozshakol and Aktogay. Both greenfield sites are owned and operated by KAZ Minerals, a high-growth copper company focused on large-scale, low-cost open pit mining. KAZ
TerraSource Global Expands in Russia with New Warehousing Facility and Field Service Hub
January 25, 2016
TerraSource Global has added a new warehousing facility and field service hub in the Ural region of Russia. The move aligns with the company’s plan to enhance sales and service processes across its global footprint to stay ahead of customers’
Hollysys to Provide Distributed Control System for Coal-Fire Power Generating Units, China
January 25, 2016
Hollysys Automation Technologies, Ltd. has signed a contract to provide its proprietary Distributed Control System (DCS) for 2x1052MW ultra-supercritical coal-fire power generating units to Shenhua Jiujiang Power Plant. The units are expected to go into operation at beginning of the
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