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Equitas Resources to Acquire Alta Floresta Gold and Its Brazil Assets
January 18, 2016
Equitas Resources Corp. has entered into a binding letter agreement dated effective January 6, 2016 to acquire all of the issued and outstanding securities of Alta Floresta Gold Ltd. Alta Floresta Gold is a private British Columbia company which holds
Golden Star Files Feasibility Study for Prestea Underground Mine, Ghana
January 18, 2016
Golden Star has filed a technical report, prepared in accordance with Canada’s National Instrument 43-101, for a feasibility study on the development of an underground mining operation at its Prestea Mine site in Ghana. About Golden Star Golden Star Resources
Lundin Gold Secures Mining License for Its Fruta del Norte Project, Ecuador
January 18, 2016
Lundin Gold Inc. has successfully completed the negotiation of the definitive form of the exploitation agreement for the Fruta del Norte Project, its flagship gold project in Ecuador. Lundin Gold has been negotiating the terms and conditions of the exploitation
Kibo Mining Issued New Licenses Next to Its Rukwa Coal Deposit, Tanzania
January 15, 2016
Kibo Mining has been issued with three new licenses in Tanzania next to its Rukwa coal deposit. Rukwa is the fuel source for a proposed 350 megawatt (Mw) thermal power station development at Mbeya and the three new licenses are
Lithium Australia Mulls Deeper Project Commitment as Potential Emerges at Pilgangoora Project
January 15, 2016
Lithium Australia is considering expanding the scope of its work at the Pilgangoora project in Western Australia after areas prospective for lithium “micas” were identified just northwest of a confirmed pegmatite zone. Pegmatite is a source rock for the mining
Two Fatalities in Underground Landslide at Coal Mine in Balochistan’s Dukki Area, Pakistan
January 15, 2016
Two coal miners were killed and one other injured as a result of a landslide incident inside a coal mine in Balochistan’s resource-rich Dukki area on Tuesday evening. Levies sources said the miners were working thousands of feet deep inside
Scandinavia-focused Beowulf Mining to Acquire Oy Fennoscandian Resources
January 13, 2016
Scandinavia-focused Beowulf Mining has jumped into the new year and the graphite space — with the acquisition of a private firm, with four early stage projects in Finland. The firm will buy Oy Fennoscandian Resources AB in paper with an
Chinalco’s Latest Chinese Mine in Peru Offers New Living Standards for Residents
January 13, 2016
Peru’s minerals have long been the backbone of the country’s economy and trade relations with China, but Chinese investments have sometimes seen mixed reactions from local residents. Some say the latest mine opening, the Toromocho copper mine in Morococha could
Amur Minerals to Advance Development of Kun Manie Nickel-Copper Mine, Russia
January 13, 2016
Amur Minerals unveiled positive results from analysis of 2015 drilling at part of its Kun Manie project in the Russian Far East and has kicked off the process to update resources there. Independent laboratory results showed grades from the Maly
Eldorado Gold Suspends Operations at Skouries Mine Following Protests, Greece
January 13, 2016
Canadian mining company Eldorado Gold says it is suspending work at a site in northern Greece and laying off 600 workers following protests by local residents and a spat with the country’s leftwing government. The Vancouver, Canada-based company said Tuesday
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