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Bass Metals to Acquire Stratmin’s Graphmada Graphite Mine, Madagascar
June 3, 2016
Bass Metals Ltd completed due diligence to acquire the Graphmada Large Flake Graphite Mine in eastern Madagascar from Stratmin Global Resources . Unlike 99 percent of its peers, the acquisition would provide Bass Metals with control of an operating graphite
Armadale Capital in Talks to Finance Its Mpokoto Gold Mine, DRC
June 3, 2016
Armadale Capital remains in talks over a finance package to build its Mpokoto gold mine in the DRC. African Mining Contracting Services Group (A-MCS) offered to put up US$20mln to build the mine last June but has yet to conclude
Metals Exploration Starts to Ramp Up Production at Runruno Gold Mine, Philippines
June 3, 2016
Metals Exploration Plc has started to ramp-up production at its Runruno gold mine in the Philippines after a series of delays last year. Since a partial suspension order was lifted in April, executive chairman Ian Holzberger said Metal Ex had
San Miguel to Adopt Clean Coal Technology in Its Power Generation Business
June 3, 2016
San Miguel Corp. (SMC) prefers to invest in clean coal-fired power plants over renewable energy projects for now, as the latter would pass heavier cost burden to consumers, its top official said. SMC President and Chief Operating Officer Ramon S.
Stellar Diamonds Receives Initial Approval for Its Tongo Mine License, West Africa
June 2, 2016
Stellar Diamonds plc has received initial approval for a mining license over its 100 percent owned Tongo project in Sierra Leone. Progression of the licensing process remains subject to the National Minerals Agency (NMA), the licencing body of the Ministry
Condor Resources Secures Community Agreement for Development of Its Chavin Project, Peru
June 2, 2016
Condor Resources Inc. has concluded a long term exploration and exploitation agreement with the community near its Chavin project, located in Santa Province, Ancash Department, Peru. In November 2015 Condor signed a production royalty agreement on the Chavin project, whereby
Golden Arrow Initiates Next Drilling Phase in Pre-Development, Chinchillas Silver Project, Argentina
June 2, 2016
Golden Arrow Resources Corporation has commenced a 6,500 meter Phase VI drilling and exploration program at the Chinchillas silver project in Jujuy Province, Argentina. The drill program will focus on exploration and condemnation drill holes, as well as infill holes
Cameco and Kazatomprom Sign Agreement to Restructure JV Inkai Uranium Project, Kazakhstan
June 1, 2016
Cameco Corporation has signed an agreement with National Atomic Company Kazatomprom (Kazatomprom) and joint venture Inkai LLP (JV Inkai) to restructure and enhance JV Inkai. The agreement was signed during the annual foreign investors meeting with the president and government
Luna Gold & AngloGold Ashanti Enter Exploration Agreement for Greenfields Mineral Claims, Brazil
June 1, 2016
Luna Gold Corp. has entered into an exploration agreement with AngloGold Ashanti Limited for the company’s greenfields mineral claims that surround its past-producing Aurizona Gold Mine in northern Brazil. The terms of the agreement require AngloGold Ashanti to invest US$14
BacTech Signs Association Contract with COMIBOL for Remediation of Telamayu Tailings, Bolivia
June 1, 2016
BacTech Environmental Corporation’s 98 percent owned Bolivian subsidiary Empresa Minera Ambiental BacTech S.A. (EMABSA) has signed an association contract with Corporacion Minera de Bolivia (COMIBOL). The 10-year contract calls for the environmental remediation and restoration of the Antigua tailings and
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