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Robex Resources Progressing Towards Full Production at Nampala Gold Mine, West Africa
March 8, 2016
Robex Resources Inc. is progressing towards full production at the Nampala mine. The Nampala mine operations are 24 hours a day, 7 days a week, with a daily production between 1,000 and 1,500 tonnes of ore (tpd). In addition, the
Kibaran Resources to Test Graphite from Its Epanko Project to Supply Lithium Ion Battery Market
March 8, 2016
Kibaran Resources Ltd, fresh from a $2.0 million capital raising, has sent a sample of graphite from its Epanko project in Tanzania to test as a premium product for use in lithium-ion batteries. The new bulk sample of 200 tonnes
African Energy Edges Closer to Develop Coal Mine, Power Plant at Mmamabula West Project, Botswana
March 8, 2016
African Energy Resources has signed a term sheet with an as yet unnamed South African investment group to develop an integrated coal mine and thermal power station at its Mmamabula West power project in Botswana. The group has a three
Kidman Resources on Fast Track to Become Mid Tier Gold Producer After Raising $6.5 Million
March 8, 2016
Kidman Resources will soon be the owner of the Mt Holland goldfield in Western Australia after raising $6.5 million at $0.085 each for the purchase indirectly from the administrators of Convergent Minerals. This has already proved to be a good
Aussie Gold Holds Around A$1700 an Ounce
March 8, 2016
ASX listed gold stocks, both producers and explorers, remain a focus today as the price of gold in the local money hovers around A$1700 an ounce. In the spot market at 1pm Sydney, Australia, time, gold is changing hands at
Japan-based Marubeni and El Sewedy Electric to Explore Feasibility to Build Coal-fired Power Plant
March 8, 2016
Japan-based Marubeni and with Egypt’s El Sewedy Electric have signed a memorandum of understanding (MOU) with Egypt’s state-run electricity utility Egyptian Electricity Holding Company (EEHC) to assess the feasibility of developing a coal-fired power plant in Egypt. Under the terms
Brockman Mining Wins Legal Challenge, FMG Ordered to Open Up Pilbara Rail Access
March 8, 2016
Junior iron ore hopeful Brockman Mining has won a legal challenge in its bid to access the rail line built by an infrastructure subsidiary of Fortescue Metals Group (FMG). The Pilbara Infrastructure (TPI) had attempted to prevent Hong Kong-based Brockman
Eastern Goldfields Set to Restart Davyhurst Gold Project by August, Australia
March 8, 2016
The Davyhurst gold project, south-west of Menzies, could be resurrected as early as August after Michael Fotios’ Eastern Goldfields successfully raised $25 million to recapitalize the shell of Swan Gold Mining. The Australian dollar gold price’s strong run above $1700
Yancoal to Put Donaldson Coal Mine on Care and Maintenance, Australia
March 8, 2016
The bad news continues for Australia’s coal industry after Yancoal announced it would put its Donaldson mine on “care and maintenance mode.” Major coal miners have been mothballing or selling operations in Australia from slumping prices in coal prices, despite
African Gold Group Completes Feasibility Study for Kobada Gold Project, Mali
March 7, 2016
African Gold Group, Inc. has completed the feasibility study for the Kobada Gold Project. The study demonstrates the robust nature of the project, with an all in sustaining costs (AISC) of US$788 per ounce and free cash flow of US$122
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