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19 Fatalities in Coal Mine Accident in Northern China
March 29, 2016
Chinese state media is reporting 19 miners have been killed in a coal mine accident in northern China. The official Xinhua News Agency said Thursday that the accident happened Wednesday night on an underground platform. The brief report cited the
Lara Exploration to Acquire Serrita Gold Project for $1.65 Million, Brazil
March 28, 2016
Lara Exploration Ltd. has signed an option agreement to acquire the Serrita Gold Project in Pernambuco State, northeast Brazil. The property comprises three exploration licenses, totaling 5,998 hectares, covering a wide area of artisanal workings that follow narrow gold-bearing veins
Next Graphite’s JV Partner Signs Letter of Intent to Supply Graphite from Aukam Mine, Namibia
March 28, 2016
Next Graphite, Inc.‘s joint venture partner has secured an LOI in which the venture will supply up to 5,000 metric tonnes of graphite material to a vertically integrated graphite producer over the course of the next year. First shipment is
Bothma Diamonte to Acquire Tango Mining’s Oena Diamond Project for $3 Million, South Africa
March 24, 2016
Tango Mining Limited has received a binding offer from Bothma Diamonte CC, an unrelated third party company registered in South Africa, to acquire African Star Minerals (Pty) Limited that owns 100 percent of the Oena Mine located in Northern Cape,
Roxgold Extends Land Position on Hounde Belt with Acquisition of Houko Permit, Burkino Faso
March 23, 2016
His Excellency, Alfa Oumar Dissa, Burkina Faso Minister of Mines, has approved the transfer of the Houko permit from Daritos Or SARL to Roxgold Inc.‘s wholly owned subsidiary Roxgold Exploration SARL (REX). The Houko permit lies adjacent to the company’s
Alhambra Resources Commences International Arbitration Against the Government of Kazakhstan
March 23, 2016
Alhambra Resources Ltd., on March 11, 2016, submitted a request for arbitration against the Republic of Kazakhstan at the International Centre for Settlement of Investment Disputes (ICSID). On March 16, 2016, ICSID acknowledged the receipt of the request and transmitted
Fairmont Resources Signs Agreement to Acquire Major Dimension Stone Producer in Spain
March 23, 2016
Fairmont Resources Inc. has proposed the addition of significant dimension stone assets in Spain to its industrial minerals businesses. Fairmont has signed an agreement to acquire the former assets of Granitos de Badajoz S.A. (Grabasa) from a Spanish court appointed
Dynacor Gold to Finish Construction of Its Veta Dorada Processing Plant by April, Southern Peru
March 23, 2016
Dynacor Gold Mines Inc. has released a third progress report on the construction of its new 300-tonne per day ore processing plant located in Chala in Southern Peru. As of March 22, construction is 90 percent complete. The corporation expects
Jubilee Platinum Secures $17.5 Million for Platinum Tailings Developments, South Africa
March 23, 2016
Jubilee Platinum has agreed funding for both of its platinum tailings projects in South Africa. The US$17.5mln package comprises up to US$15mln of senior and unsecured debt and US$2.5mln of equity finance from a placing at 2.8p per share. Jubilee
Pacific American Coal Acquires Stake in Australian Developer of Graphene-based Coatings
March 23, 2016
Pacific American Coal Ltd will retain its Elko Coking Coal Project but acquire a 20 percent stake in Imagine Intelligent Materials Pty Ltd, an Australian developer of graphene-based coatings for industrial textiles and fibers. PAK will initially acquire 20 percent
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