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Dundee Precious Metals Completes Sale of Kapan Mine to Polymetal International for $25M, Armenia
May 3, 2016
Dundee Precious Metals Inc. has completed the previously announced sale of the Kapan mine located in Armenia to Polymetal International Plc. “We are pleased to announce that the sale of the Kapan Mine to Polymetal has been completed. The proceeds
Capricorn Metals Secures $12.6 Million to Advance Karlawinda Gold Project, Western Australia
May 3, 2016
Capricorn Metals Ltd is well positioned to advance its Karlawinda Gold Project in Western Australia to the next stage after raising $12.6 million from a strongly supported share placement. The placement was undertaken to institutional and sophisticated investors at $0.13
Platinum Group Metals Files Technical Report for Waterberg Project, South Africa
May 3, 2016
Platinum Group Metals Ltd. has filed the technical report for the Waterberg Project. The company has a 58.62 percent interest in the project. The report is on a 100 percent project basis resource estimate. The report, entitled “Mineral Resource Update
Public Hearing Held for Verde Potash’s Cerrado Verde Project for Environment Permit, Brazil
May 3, 2016
A public hearing was held for Verde Potash’s Cerrado Verde Project to discuss its application for an environmental license to mine potassium silicate rock. The public audience is an important step of the process to obtain an environmental license in
Alicanto Minerals and Barrick Gold Commence Exploration at Arakaka Gold Project, Guyana
May 3, 2016
Alicanto Minerals Ltd has commenced a US$1.8 million exploration program at the highly prospective Arakaka Gold Project in Guyana, backed by a US$10 million earn-in agreement with Barrick Gold Corporation. The Arakaka Gold Project has been the source of more
Australia’s Marenica Energy Raises Capital to Advance Its Uranium Processing Technology
May 3, 2016
Marenica Energy Ltd received strong support for its U-pgrade technology from investors by raising $697,400 through a share purchase plan and placement, well in excess of the target of $500,000. A total of $506,000 was raised at $0.107 per share
Kibo Mining Completes Power Definitive Feasibility Study for Its Coal Fired Mbeya Project, Tanzania
May 3, 2016
Kibo Mining has completed the power definitive feasibility study (PDFS) on its coal fired Mbeya project in Tanzania (MCPP). The final and official PDFS report will be delivered to the chief executive on May 2, during a scheduled project meeting
PanTerra Gold and Guangxi Gold to Build Albion Carbon-in-Leach Demonstration Plant, China
May 3, 2016
PanTerra Gold Ltd will partner with the Guangxi Gold Company to jointly construct a 25,000 tonnes per annum Albion/carbon-in-leach demonstration plant in the Guangxi Province, China for the processing of arsenopyrite ores. Guangxi, a major Chinese gold producer’s regional subsidiary,
Avnel Gold Receives ESIA Approval for Kalana Main Project in Mali, West Africa
May 2, 2016
Avnel Gold Mining Limited’s environmental and social impact assessment (ESIA) and the associated environmental and social management plan (ESMP) for the development of the Kalana Main Project has been approved by the Malian authorities. Approval of the ESIA was the
Anglo American to Sell Its Niobium and Phosphates Businesses to China Molybdenum for $1.5 Billion
May 2, 2016
Anglo American plc has reached an agreement with China Molybdenum Co. Ltd (CMOC) to sell its niobium and phosphates businesses for a total cash consideration of $1.5 billion. The total consideration will be payable to Anglo American at closing, subject
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