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Dragon Mining Set to Advance Fäboliden Gold Deposit, Sweden
January 6, 2016
Dragon Mining has delivered an impressive maiden resource of 6.9 million tonnes at 3.3g/t gold for 743,000 ounces for the Fäboliden project in northern Sweden. The Fäboliden Gold Deposit is a medium grade body of gold mineralization that has good
Bannerman Resources Files Key Technical Report on Etango Uranium Project, Namibia
January 6, 2016
Bannerman Resources has now filed its Technical Report on the company’s Etango Uranium Project with the Canadian securities regulators. Etango is located in Namibia, a premier uranium mining jurisdiction with nearby infrastructure and demonstrated political and social support for uranium
Two Fatalities at Extract Resources Chepica Gold Processing Plant, Chile
January 6, 2016
Xtract Resources has announced with deep sadness two fatalities occurred at its Chepica gold processing plant on Christmas Eve. The fatal accidents occurred when an individual who was undergoing training entered a restricted area without the necessary safety equipment; a
Rescuers Drill Through Fragile Ground to Reach Miners Trapped for Ten Days at Gypsum Mine, China
January 6, 2016
Rescuers have dropped provisions to four Chinese mine workers trapped for 10 days in a wrecked gypsum mine and are slowly drilling a route to save them, state media said Monday. The men are trapped more than 200 meters below
TerraCom Set to Secure Funding to Advance Baruun Noyon Uul Coal Mine, Mongolia
January 5, 2016
TerraCom has advanced two debt restructuring options during a balance sheet recalibration process expected to secure funding as the company’s Baruun Noyon Uul (BNU) project aims to become one of the largest and highest quality coking coal producers in Mongolia.
India Coal Consumption to Buck the Trend
January 5, 2016
Amid all of the talk that wind and solar will fuel the world, India still has 300 million people still don’t have any electricity to begin with. While India aims to increase its solar and wind power generation, to support
Eight Survivors Found After Five Days Trapped Underground in Gypsum Mine, China
January 5, 2016
Rescuers at a collapsed mine in eastern China have found eight survivors that had been trapped underground for five days, state media reported Wednesday. Television footage from state broadcaster CCTV showed rescue workers speaking via an intercom system to the
Aberdeen Acquires Diabillios Lithium-Potash Project for CDN$5 Million, Argentina
January 4, 2016
Aberdeen International Inc. has closed the share purchase agreement with Rodinia Lithium Inc. to purchase all of the shares of Potasio y Litio de Argentina SA. (PLASA), which holds the Diablillos lithium-potash project in Argentina. Aberdeen will make aggregate payments