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Atlas Copco Makes Provision Following European Commission’s Decision on Belgium’s Tax Rulings
January 19, 2016
Following the European Commission decision that Belgian tax rulings granted to multinationals with regard to “Excess Profit” shall be considered as illegal state aid and that unpaid taxes should be returned to the Belgian state, Atlas Copco plans to include
Public Hearing Set for Amarillo Gold’s Environmental Permit for Posse Project, Brazil
January 19, 2016
A public hearing has been set for February 23, 2016, for Amarillo Gold Corp.‘s environmental permit for the Posse Project. This is the final stage of the process to obtain the preliminary license for the new mine. The date was
KBL Mining Sells First Gold at Mineral Hill Mine, New South Wales
January 19, 2016
KBL Mining has produced, smelted and sold the first gold ore from its Mineral Hill mine in New South Wales This initial 497 ounces of gold output marks the realization of a plan detailed only two months ago to transition
Cokal Mulls Future Options for Indonesian Coal Mine
January 19, 2016
Indonesian coal project developer Cokal is running three separate negotiations that could see the company with a renewed takeover bid, merged with an ASX listed company or a key subsidiary listed on a Chinese stock exchange. Cokal has interests in
SEMAFO Increases Security at Mana Mine After Terrorists Attack, Burkina Faso
January 19, 2016
SEMAFO Inc. has increased security at Mana Mine after a terrorist attack in Burkina Faso. The company reports that its employees are safe and were not involved in the terrorist attack on the Splendid Hotel in downtown Ouagadougou, Burkina Faso
Dynacor Gold Mines Secures $10 Million to Complete Processing Plant, Peru
January 18, 2016
Dynacor Gold Mines Inc. has entered into senior secured credit facilities in the aggregate amount of up to USD$10 million with Third Eye Capital Corporation (TEC) acting as agent for the lenders. The new credit facilities consist of a $7
Equitas Resources to Acquire Alta Floresta Gold and Its Brazil Assets
January 18, 2016
Equitas Resources Corp. has entered into a binding letter agreement dated effective January 6, 2016 to acquire all of the issued and outstanding securities of Alta Floresta Gold Ltd. Alta Floresta Gold is a private British Columbia company which holds
Golden Star Files Feasibility Study for Prestea Underground Mine, Ghana
January 18, 2016
Golden Star has filed a technical report, prepared in accordance with Canada’s National Instrument 43-101, for a feasibility study on the development of an underground mining operation at its Prestea Mine site in Ghana. About Golden Star Golden Star Resources
Lundin Gold Secures Mining License for Its Fruta del Norte Project, Ecuador
January 18, 2016
Lundin Gold Inc. has successfully completed the negotiation of the definitive form of the exploitation agreement for the Fruta del Norte Project, its flagship gold project in Ecuador. Lundin Gold has been negotiating the terms and conditions of the exploitation
Kibo Mining Issued New Licenses Next to Its Rukwa Coal Deposit, Tanzania
January 15, 2016
Kibo Mining has been issued with three new licenses in Tanzania next to its Rukwa coal deposit. Rukwa is the fuel source for a proposed 350 megawatt (Mw) thermal power station development at Mbeya and the three new licenses are
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