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Viking Mines Sells Its Akoase Gold Project for $2 Million, Ghana
February 2, 2016
Viking Mines has banked a very handy US$2 million as part of the sale proceeds for its Akoase gold project in Ghana. Transfer of the licenses to the buyer of the West African project will commence and the $2 million
Keras Resources Secures Funding to Advance Grants Patch Gold Tribute Project, Western Australia
February 2, 2016
Keras Resources, formerly known as Ferrex, saw shares advance as it brought in £563,889 via a loan deal to get the Grants Patch Gold Tribute Project in Western Australia into production in the second quarter of 2016. The loan note
Havilah Resources Readies Its Portia Gold Mine for Production by April, South Australia
February 2, 2016
Havilah Resources is likely to mine gold from the Portia mine as early as April in far eastern South Australia, three months ahead of schedule, bringing forward cash flows from gold sales. The key has been a new mine plan
Stellar Diamonds Files Mining License for Tongo Dyke-1 Diamond Project, Sierra Leone
February 2, 2016
Stellar Diamonds’ mining license application for the Tongo Dyke-1 diamond project in Sierra Leone is making good progress, it said today. The National Minerals Agency has received the application and is considering it, while public disclosure meetings have been held
Four Miners Rescued in China After 36 Days Underground at Gypsum Mine
February 2, 2016
Four miners were rescued from a collapsed mine in eastern China on Friday after 36 days trapped underground, the state-owned Xinhua news agency reported. The gypsum mine in Shandong Province collapsed on Christmas Day when 29 miners were working below
Bear Creek Mining Continues to Advance Santa Ana and Corani Projects, Peru
February 1, 2016
Bear Creek Mining Corporation has released an update on its activities regarding the Santa Ana and Corani projects in Peru, and an outlook for 2016. “2015 was a productive year for Bear Creek, with the completion of the Corani optimized
Almonty Releases Updated Feasibility Study for Sangdong Tungsten Mine, South Korea
February 1, 2016
Almonty Industries Inc. has completed an updated feasibility study for the Sangdong tungsten mine in Gangwon Province, South Korea. “The feasibility study update being published today resulted from information gathered during Almonty’s due diligence associated with the acquisition of Woulfe
Asanko Gold Reaches First Production from Phase One of Its Asanko Gold Mine, Ghana
February 1, 2016
Asanko Gold Inc. has reported the first gold production of approximately 400 ounces from Phase 1 of the Asanko Gold Mine in Ghana. This follows the successful commencement of operations of the entire processing facility one month ahead of schedule.
Silver Wheaton Enters $140 Streaming Agreement with Panoro Minerals’s Cotabambas Project, Peru
February 1, 2016
Silver Wheaton Corp.‘s wholly-owned subsidiary, Silver Wheaton (Caymans) Ltd., has signed a nonbinding term sheet with Panoro Minerals Ltd. and its wholly owned subsidiary Cordillera Copper Ltd. to enter into an early deposit precious metals purchase agreement for the Cotabambas
Goldsource Mines Begins Commissioning of Its Eagle Mountain Gold Project, Guyana
February 1, 2016
Goldsource Mines Inc. has completed Phase I construction at its Eagle Mountain Gold Project located in Guyana, South America, with commissioning of the operation underway. Production plans for Phase I are based on the preliminary economic assessment of the Eagle
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