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NEWS Click on text to read news by category: General | Product | People | Worldwide

Canyon Coal’s Khanye Colliery Creates More Than 300 Jobs, South Africa

November 13, 2018

More than 300 jobs have been created at a recently opened mine in Bronkhorstspruit. The Canyon Coal opened its Khanye Colliery with a blast, following a detonation procedure led by Mineral Resources Minister Gwede Mantashe, in Bronkhorstspruit last week. The

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Germany’s Coal Phase-out Will Not Happen Before 2030

November 13, 2018

The phase-out of coal from German industry will not happen before 2030 due to several factors stifling the move towards natural gas, Barbara Minderjahn, CEO of VIK-the German Association of Industrial Energy Consumers, said at the European Autumn Gas Conference

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Golden Arrow to Acquire Indiana Gold-Copper Project, Chile

November 12, 2018

Golden Arrow Resources has entered into an agreement to acquire up to 100 percent of the Indiana gold-copper project in Chile’s Atacama Region. Indiana is located approximately 35 kilometers from the Company’s new Atlantida copper-gold project. The Project features a

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Pacton Gold Signs Deal to Acquire Golden Palms Project, Australia

November 12, 2018

Canadian junior mining company Pacton Gold has signed a definitive agreement to acquire the Golden Palms property (E 47/3810) in Western Australia. Image: Location map of Pacton tenements in the Egina Area. Photo: courtesy of CNW Group/Pacton Gold Inc. Subscribe

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Ashanti Gold to Acquire 51% Stake in Anumso Gold Project, Ghana

November 12, 2018

Ashanti Gold is set to acquire a stake of 51 percent in the Anumso gold project in Ghana from Goldplat by exercising a previously agreed earn-in option. Currently, the AIM quoted gold producer Goldplat is carrying a review of Ashanti’s

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Navarre Minerals Secures Retention License for Tandarra Gold Project, Australia

November 12, 2018

Navarre has retention license from the Victorian Department of Economic Development, Jobs, Transport and Resources (DEDJTR) for the Tandarra Gold Project. Retention License RL006660 has been granted to the company for a ten-year term expiring on November 2, 2028. The

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Sheffield Awards $264 Million EPC Contract for Thunderbird Mineral Sands Project, Australia

November 12, 2018

Sheffield Resources has awarded an engineering, procurement and construction (EPC) contract worth A$366.3m ($263.6m) to GR Engineering Services to build a mineral processing plant for the Thunderbird Mineral Sands Project in Australia. The first stage of the Thunderbird Mineral Sands

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Barrick and Randgold Receive Merger Clearance from South African Competition Tribunal

November 9, 2018

Barrick Gold Corporation and Randgold Resources Limited have received unconditional clearance from the South African Competition Tribunal for their proposed share-for-share merger. The merger remains subject to the satisfaction or waiver of the outstanding conditions set out in Part A

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Trek Mining Finalizes $85 Million Construction Facility for Aurizona Gold Mine, Brazil

November 9, 2018

Trek Mining Inc. has entered into a definitive credit agreement through its wholly-owned Canadian subsidiary, Aurizona Goldfields Corporation, with Sprott Private Resource Lending to provide a US$85 million (C$109 million) secured project credit facility that will be used for the

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Perseus Mining Completes Scoping Study for Yaouré Underground Gold Mine, Africa

November 8, 2018

Perseus Mining Limited completed a scoping study for a potential underground mine at Yaouré. An executive summary of the associated release is provided below. Further details of the resource and study are included in the Company’s market release dated November

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