Africa
Kinross is going ahead with expansion of its Tasiast gold mine in Mauritania
Kinross Gold (TSX: K)(NYSE: KGC) announced Wednesday it has decided to proceed with the first stage of an expansion of its troubled Tasiast gold mine in Mauritania, which will dramatically increase production and slash costs at project. The...
Asia Pacific
Kingsgate sells stake in silver project
Kingsgate Consolidated has executed a Share Purchase Agreement (SPA) to sell an effective 85% strategic interest in the Bowdens Silver Project near Mudgee in Central NSW, to Silver Investment Holdings Australia Limited (SIHA). On completion of the acquisition,...
Latin America
Gold plant arrives at PNG mine site
Crater Gold Mining’s upgraded gold mining plant has been transported to the HGZ Gold Mine project site in Papua New Guinea's Eastern Highlands Province with commissioning to commence immediately. The upgraded gold mining plant includes two new hammer...
Asia Pacific
Adani edges closer to mega coal mine & Adani is another step closer to being granted
Adani is another step closer to being granted a lease for its $16.5 billion Carmichael coal mine in Queensland’s Galilee basin after reaching a compensation agreement with the last remaining landholder at the proposed site. However, Queensland’s State...
Europe
Incentive for Thar coal development is a fixed 20% IRR in US dollar terms
Oracle Coalfields, the UK coal developer of a 1.4 billion tonne lignite resource in the Thar Desert in Sindh Province, Pakistan, is confident it will benefit from government fiscal incentives to encourage and accelerate the development of the...
Europe
Vancouver junior buys 26 UK tin mines
Canadian junior Strongbow Exploration Inc announced on Friday the acquisition of the South Crofty tin mine in Cornwall. The Cornish mine which is under administration hasn't operated in nearly two decades. Vancouver-based Strongbow (CVE:SBW) paid in the order...
Europe
Canadian junior Strongbow Exploration Inc announced on Friday the acquisition of the South Crofty tin mine in Cornwall
The Cornish mine which is under administration hasn't operated in nearly two decades. Vancouver-based Strongbow (CVE:SBW) paid in the order of US$2m for 100% of the mining permission area which includes 26 former producing mines."A new NI 43-101...
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