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Lundin Gold Secures $18 Million to Initiate Work at Fruta del Norte Project, Eduador
June 17, 2016
Lundin Gold Inc. has secured an $18 million credit facility to initiate work at its Fruta del Norte project. The proceeds from the facility will be used for general corporate purposes and to allow the company to initiate work which
Dubai Electricity Signs Power Purchase Agreement for Hassyan Clean Coal Power Plant
June 17, 2016
Investment in new coal generation may be on the way out in western Europe and the USA, but not, remarkably enough, in Dubai, where a consortium led by ACWA Power has signed a 25 year power purchase agreement (PPA) with
Lydian to Proceed With Construction of Amulsar Gold Project, Armenia
June 17, 2016
Lydian International Limited has decided to proceed with construction at its 100 percent-owned Amulsar Gold Project in Armenia. This action by the company’s board of directors follows recent receipt of an amended mining right from the Republic of Armenia and
Poseidon Nickel Recovers High Lithium Test Results at Lake Johnston Project, Australia
June 17, 2016
Poseidon Nickel Ltd has recovered over 90 percent lithium and 300 parts per million tantalum oxide from preliminary flotation tests on surface pegmatite samples from its Lake Johnston nickel project. Previously, Poseidon received assay results from 2.80 percent to 3.85
Ormonde Mining Completes Optimized Construction Schedule for Barruecopardo Tungsten Mine, Spain
June 17, 2016
Ormonde Mining plc said recent legal developments have provided greater clarity on the development of its Barruecopardo tungsten mine in Spain. Back in February, the company hit a road block when a third party appealed against a few of its
Aureus Mining Granted Permission to Restart Tailings Facility at New Liberty Gold Mine, Liberia
June 17, 2016
Aureus Mining has been granted permission to re-start discharges from its tailing facility at the New liberty mine in Liberia. The miner had to shut down its processing plant at the mine in May after too much cyanide leaked. The
Premier African Readies for Underground Production at RHA Tungsten Mine, Zimbabwe
June 17, 2016
Tungsten miner Premier African Minerals has completed the underground shaft at its RHA mine, while its plant contractor has committed to complete remedial work by early next month. Delays to RHA’s plant coming on line meant the Zimbabwe-focused group posted
Orezone Gold’s Bombore Project Reaches Another Permitting Milestone, Burkina Faso
June 15, 2016
Orezone Gold Corporation has successfully completed a presentation and critical technical review of its Bombore Gold Project with the Burkina Faso National Commission of Mines (NCM). The NCM reviewed the project’s feasibility study, including an environmental assessment and impact study,
Emerita Resources Enters Option Agreement to Acquire Falcon Metais’ Lithium Project, Brazil
June 15, 2016
Emerita Resources Corp. has entered into a binding letter agreement with Falcon Metais Ltda. pursuant to which Falcon has granted to Emerita an option to acquire a 100 percent interest in the Falcon Litio MG Project on or before June
Silver Bear Resources Completes Feasibility Study at Mangazeisky Silver Project, Russia
June 15, 2016
Silver Bear Resources Inc. has received the results of the feasibility study for the Vertikalny Central deposit of its Mangazeisky Silver Project in the Republic of Sakha (Yakutia), Russia. “I am very proud to announce the study confirms that the
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