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Platinum Group Metals Completes Hot Commissioning Test for Maseve Platinum Mine, Rustenburg
February 11, 2016
Platinum Group Metals Ltd. has reported the Maseve (formerly WBJV Project 1) Platinum Mine has successfully completed its 72 hour run test during hot commissioning of its concentrator facility. The mine has produced its first concentrate for delivery to the
Revelo Enters $3.65 Million Agreement to Acquire Austral Gold’s San Guillermo Project, Chile
February 10, 2016
Revelo Resources Corp. has signed an option and sale agreement with Guanaco Cia. Minera SpA, a wholly owned Chilean subsidiary of Austral Gold Limited, whereby Austral will have the sole and exclusive option and right to acquire a 100 percent
Tanzanian Royalty Exploration Makes First Gold Pour at Buckreef Gold Mine, Tanzania
February 10, 2016
Tanzanian Royalty Exploration Corporation’s 55 percent owned Buckreef Re-Development Gold Project in the Republic of Tanzania has successfully completed its first gold pour. First gold has been poured from the pilot carbon-in-column (CIC) process plant at the project. The timing
Gerald Metals and Shanghai Pengxin Mining Enter JV Agreement to Supply, Market Copper and Cobalt
February 10, 2016
Gerald Metals SA, a member of Gerald Group, and Shanghai Pengxin Investment Co., Ltd., a subsidiary of Pengxin International Mining Co., Ltd., entered into a joint venture agreement in Shanghai on January 28, 2016, to work jointly in procuring, producing,
Renaissance Minerals Secures $3.4 Million to Develop Its Okvau Gold Deposit, Cambodia
February 10, 2016
Renaissance Minerals has raised a tidy $3.4 million at $0.03 each for development of its Cambodian gold project from sophisticated and institutional investors. The Okvau deposit has a 1.1 million ounce resource grading 2.2g/t gold although this appears likely to
Armadale Completes Preliminary Results of Feasibility Study for Mpokoto Gold Project, DRC
February 10, 2016
Armadale has received the preliminary results of the feasibility study for Phase 1 of the Mpokoto Gold Project in the Katanga Province of the Democratic Republic of Congo. The study is based on the intended initial phase of mining at
Policy Reversal Gives Japan Green Light to Build New Coal-fired Power Plants
February 10, 2016
In a policy back flip Tuesday, the Environment Ministry gave the green light to construction of new coal-fired power plants in exchange for power companies and the Ministry of Economy, Trade and Industry taking tougher measures to reduce global warming
India’s Minister of Coal Approves ‘Bridge Linkages’ for PSU Coal Mine Allottees
February 10, 2016
The Ministry of Coal has approved a proposal to grant a short-term coal linkage to central and state public sector units which have been allotted Schedule III coal mines. Under the Coal Mines (Special Provisions) Act, Schedule III coal mines
Aussie Gold Soars to More Than A$1670 an Ounce
February 10, 2016
The spot gold market opened about an hour ago (10am Sydney, Australia, time), and has added another couple of dollars to US$1192 an ounce. This comes after a 3.5 percent gain overnight, and a 5 percnet rally the week before.
China to Add Five New Nuclear Reactors Each Year Until 2030
February 10, 2016
Currently nuclear power delivers 2 percent of China’s energy needs, and the country remains the world’s largest energy consumer. According to estimates in the draft 13th Five-Year Plan, China will probably add five to six nuclear reactors every year starting
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