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Minbos Resources Raises $3.4M for Bankable Feasibility Study for Its Phosphate Project, Angola
February 23, 2016
Minbos Resources will receive $3.4 million in funding to complete a Bankable Feasibility Study on its high grade phosphate project within the Cabinda Province of Angola. The placement to Green Services Innovations Ltd, a British Virgin Islands company, will involve
Kibaran Resources Raises $2 Million for Development of Epanko Graphite Project, Tanzania
February 23, 2016
Kibaran Resources has raised $2 million at $0.15 each to progress the due diligence process for financing the development of the Epanko Graphite Project in Tanzania. KfW IPEX-Bank, the development funding agency of the German Government, was undertaking due diligence
Latin American Minerals Progressing with Paso Yobai Mine and Processing Operations in Paraguay
February 23, 2016
Latin American Minerals Inc. is progressing with mining and exploration at its Paso Yobai gold mining operation in Paraguay. In order to determine the most efficient and cost effective methods for producing gold from the company’s operation, the services of
Cluff Natural Resources Extends Halliburton Arrangement for Gas Portfolio and UCG Assets
February 23, 2016
Cluff Natural Resources has told investors that it has extended its arrangement with US oil and gas services group Halliburton for a further two year. The arrangement secures Halliburton’s support for CLNR’s Southern North Sea gas portfolio, which comprises five
Oro Verde, Newcrest Mining Aim for Multi-million Gold Ounces at Topacio Project, Nicaragua
February 23, 2016
Oro Verde and major gold partner Newcrest Mining have begun an aggressive exploration program to find a substantial gold deposit in the South American nation of Nicaragua. In the sights of the farm-in between the companies is potentially a multi-million-ounce,
Savannah Resources Set to Apply for Mining Leases at Its Copper-Gold Projects in Oman
February 23, 2016
Savannah Resources is making “excellent” progress with its copper-gold projects in Oman, it told investors, releasing the remaining assays from drilling completed at the end of December. Priorities for Blocks 4 and 5 include now a mineral resource estimate for
Anfield Nickel to Acquire Magellan Minerals to Develop Coringa Gold Project, Brazil
February 22, 2016
Anfield Nickel Corp. and Magellan Minerals Ltd. have entered into a definitive arrangement agreement dated February 16, 2016 whereby Anfield will acquire Magellan. The resulting entity will be an emerging gold producer with a post-deal market capitalization of approximately $48
Rio Tinto Authorizes Jadar Lithium-Borate Project Studies’ Funding After License Extension, Serbia
February 22, 2016
Rio Tinto has authorized funding to complete the pre-feasibility study of the Jadar lithium-borate project in Serbia. The Serbian government recently extended the exploration license agreement for the project. More than US$20 million will be directly invested in Serbia through
St. Augustine Receives Certification Precondition for King-king Copper-Gold Project, Philippines
February 22, 2016
St. Augustine Gold and Copper Limited’s joint venture partner, Nationwide Development Corporation (NADECOR) has been issued its certification precondition from the Philippine National Commission on Indigenous Peoples (NCIP). The certification precondition attests that NADECOR satisfactorily complied with the process requirements
Upgrades at StratMin’s Loharano Graphite Mine Starting to Pay Off, Madagascar
February 19, 2016
StratMin Global has reported sustained grade and volume improvements over the past month at its Loharano graphite mine in Madagascar. The plant has produced over 94 percent graphite concentrate, on demand and at volume for the first time, it said.
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