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Ausenco Hits 2016 Running with $45 Million in Coal Engineering Contracts
January 12, 2016
Diversified engineering, construction and project management company Ausenco has secured new contracts expected to deliver A$45 million in forward revenues. The new awards represent 80 percent of the revenues booked by the company’s APAC/Africa business line in 2015, signalling an
Euromax Resources Completes Feasibility Study on Ilovica Gold-Copper Project, Macedonia
January 12, 2016
Euromax Resources Ltd. has completed the feasibility study, for its 100 percent owned Ilovica gold-copper porphyry project in Macedonia. The FS supports the economic robustness of the project previously indicated by the pre-feasibility study and, through the optimization of the
NGEx Resources Completes PEA for Los Helados and Josemaria Projects, Chile and Argentina
January 12, 2016
NGEx Resources Inc. has completed a preliminary economic assessment (PEA) of two of the company’s large copper/gold/silver deposits, Los Helados and Josemaría, together as one project. The integrated project will be called Project Constellation, and the results indicate positive economics
St. Augustine Receives Mine Permit Approval to Develop King-king Copper-Gold Project, Philippines
January 12, 2016
St. Augustine Gold and Copper Limited has received approval to develop the King-king Copper-Gold Project located in Mindanao, Republic of the Philippines. The permit approval, which was awarded to St. Augustine’s joint venture partner, Nationwide Development Corporation (NADECOR), is the
Central Asia Metals Hits Record Production at Kounrad Copper Recovery Plant, Kazakhstan
January 12, 2016
Copper producer Central Asia Metals achieved record copper production last year from its Kounrad copper recovery plant in Kazakhstan. The firm achieved record production of 12,071 tonnes of copper, slightly ahead of guidance of 12,000 tonnes and some 8.4 percent
Chilean Supreme Court Rules Against Metminco in Mollacas Dispute
January 12, 2016
Metminco has been dealt a further blow in its dispute over mining access for the Mollacas copper project in Chile. The company this morning told investors that the Chilean Supreme Court has upheld a prior ruling by the Court of
Kibo Mining Nears Coal Power Purchase Agreement for Mbeya Project, Tanzania
January 12, 2016
Kibo Mining says it has made good progress in discussions with Tanzania’s state power group over a deal for electricity generated from the Mbeya coal-fired power project. “We have every reason to believe that we will be able to conclude
Athena Resources to Sell Byro Iron Ore Project for A$20 Million, Australia
January 12, 2016
Athena Resources will punt the Byro iron ore project that is located 310 kilometers from the Port of Geraldton to a Hong Kong based company. A binding term sheet has been signed with Brilliant Glory Industrial Corporation to acquire the
Pilbara Minerals Begins Feasibility Study for Pilgangoora Lithium-Tantalite Project
January 12, 2016
Pilbara Minerals is benefiting from a strong lithium sector as it commences work on a feasibility study for its Pilgangoora lithium-tantalite project located near Port Hedland in Western Australia. A major resource upgrade is on the cards for Pilgangoora expected
Mineral Deposits Restarts Slag Production at Grande Cote Operation, Senegal
January 12, 2016
Mineral sands producer and exporter Mineral Deposits has restarted chloride slag production this week with the company’s Grande Cote operation in Senegal expected to chart another strong performance in the December quarter. The update followed the successful restart of the
