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NEWS Click on text to read news by category: General | Product | People | Worldwide

Three Trapped Miners at Makonjwaan Gold Mine Collapse Said to be Alive, South Africa

February 10, 2016

A building collapsed above a gold mine in South Africa on Friday, trapping dozens of people before they were saved. After several hours, only three people remained missing, a union spokesman said. Manzini Zungu, spokesman for the Association of Mineworkers

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Monument Mining Enters Earn-In and JV Agreement on Matala Gold Project, Democratic Republic of Congo

February 9, 2016

Monument Mining Limited has entered into an earn-in and shareholders agreement with Afrimines Resources S.A.R.L and its wholly owned subsidiary, Regal Sud Kivu S.A.R.L to earn up to 90 percent joint venture interest in the Matala Gold Project. Afrimines and

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Beacon Minerals Signs Ore Processing Agreement with Northern Star Resources, Western Australia

February 9, 2016

Beacon Minerals could soon have refractory ore from its Halleys East Project treated at Northern Star Resources’ processing facility Beacon Minerals could soon have refractory ore from its Halleys East Project treated at Northern Star Resources’ processing facility at Kanowna

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Alecto Enters JV Deal with Randgold for Kossanto West Gold Project, Mali

February 9, 2016

Alecto Minerals has struck a joint venture deal with Randgold over its 137 sq km Kossanto West Gold Project in Mali, which sees the major fund all costs up to and including a pre-feasibility study. The project comprises the Kobokoto

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Avnel Golds Reports Metallurgical Results & Process Plant Design for DFS, Kalana Main Project, Mali

February 9, 2016

Avnel Gold Mining Limited has reported metallurgical test program results completed as part of a definitive feasibility study (DFS) for the Kalana Main Project in south-western Mali. The company also provided details on the processing plant design parameters for the

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Roxgold Continues to Advance Construction of Yaramoko Gold Project in Burkina Faso, West Africa

February 9, 2016

Roxgold Inc. has continued to advance construction of the Yaramoko Gold Project. The Yaramoko Gold Project has advanced considerably with significant infrastructure packages now complete. Underground mine development rates are ahead of plan and the project continues to track on

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Royal Nickel Provides Update on Salt Lake Mining Acquisition, Australia

February 9, 2016

Royal Nickel Corporation has provided an update that Salt Lake Mining Pty Ltd. (SLM) has sold its non-core 100 percent-owned Widgiemooltha and Carr Boyd exploration projects for a cash payment of A$1.6 million plus a future contingent payment of A$0.6

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Adani Power to Build $2.2 Billion Coal Fired Power Plant in Jharkhand, India

February 9, 2016

Adani Power Ltd will soon sign a deal to set up a $2.2 billion coal-based power plant in Jharkhand state, two people with knowledge of the matter said, as its controlling shareholder aims to nearly double capacity this decade. The

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Luxembourg Ministry of the Economy Launches Initiative to Back Asteroid Mining

February 9, 2016

One small step for a man, one giant leap for a duchy: Mining asteroids for minerals is one step closer to reality after tiny Luxembourg announced plans Wednesday to help the fledgling industry get into orbit. The Luxembourg Ministry of

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Xtract Gets Green Light to Re-start Chepica Gold Processing Plant, Chile

February 9, 2016

Xtract Resources has been granted permission to re-start its processing plant at the Chepica gold mine in Chile. Ore will start to be processed again tomorrow morning and be back to full capacity in a few days, Xtract said. The

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