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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
Lithium Australia Mulls Deeper Project Commitment as Potential Emerges at Pilgangoora Project
January 15, 2016
Lithium Australia is considering expanding the scope of its work at the Pilgangoora project in Western Australia after areas prospective for lithium “micas” were identified just northwest of a confirmed pegmatite zone. Pegmatite is a source rock for the mining
Coal India to Undergo Major Technology Upgrades on Lines of U.S., Australia
January 15, 2016
Coal India Ltd is preparing for a major technological upgradation on the lines of global mining practices followed in countries like the US and Australia that will include GPS tracking of vehicles to check coal plunder and having a ICT-complaint
Two Fatalities in Underground Landslide at Coal Mine in Balochistan’s Dukki Area, Pakistan
January 15, 2016
Two coal miners were killed and one other injured as a result of a landslide incident inside a coal mine in Balochistan’s resource-rich Dukki area on Tuesday evening. Levies sources said the miners were working thousands of feet deep inside
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