Dual-listed Centamin’s Sukari gold mine, in Egypt, produced 116 183 oz of gold in the first quarter of this year, exceeding the targeted output of 105 000 oz to 115 000 oz. The TSX- and LSE-listed company said the openpit operation had performed broadl…
Centamin’s Sukari exceeds first-quarter output target Read More »
Aim-listed Red Rock Resources has raised £323 750 through the placing of 63.48-million new ordinary shares at 0.51p. "The placing ensures the company can manage its cash flow prudently while driving an increased tempo of exploration in the [Democra…
Red Rock raises cash to advance DRC exploration Read More »
Independent mineral exploration and development company Alufer Mining has started detailed engineering studies for the proposed expansion of production at its Bel Air bauxite mine, in Guinea, to ten-million tonnes a year. The company on Wednesday said …
Alufer shifts focus to expansion of Guinea bauxite mine Read More »
Cobalt project developer Fortune Minerals has entered into an option to buy an alternative site to construct the proposed hydrometallurgical refinery that will process metal concentrates from the planned Nico cobalt/gold/bismuth/copper mine, after the …
Fortune finds potential new site for Nico refinery Read More »
Russian gold miner Polyus produced 600 700 oz of gold in the first quarter of 2019, which is 19% more than what the company produced in the same period a year earlier.
Compared with the fourth quarter of 2018, total output was down 6%, and the London-…
Polyus reports strong first quarter Read More »
Shareholders in Vast Resources on Tuesday approved the sale of the company’s Zimbabwe gold assets, including the Pickstone Peerless and Eureka mines.
Shareholder approval was the final condition precedent to the sale of Aim-listed Vast’s 50.01% intere…
Vast wraps up sale of Zim gold assets Read More »
Russian diamond major Alrosa has announced an investment of ten-billion ruble in a project that will extend the life of the Aikhal underground mine up to 2044, sustaining 500 jobs.
The mining company has approved the stripping and mining of Aikhal pip…
Alrosa goes deeper at Aikhal underground mine Read More »
Australian major Newcrest has signed a binding option and farm-in agreement with exploration company Cornerstone Capital Resources over the Caña Brava and Tioloma properties in Ecuador, targeting epithermal gold/silver and porphyry gold/copper deposits…
Cornerstone and Newcrest in definitive Ecuador option agreement Read More »
Petra Diamonds on Friday recovered a 209.9 ct D-colour Type II gem-quality diamond at its Cullinan diamond mine, in South Africa. This is the third Type II D-colour gem-quality diamond weighing more than 100 ct recovered since March and the fourth such…
Petra recovers 209.9 ct diamond at Cullinan Read More »
TSX-V-listed TomaGold’s proposed spin-out Monster Exploration has entered into a share purchase option agreement to acquire an option over the Philibert property, 10 km south-east of its Monster Lake property in Quebec’s Chibougamau mining camp.
Pursu…
TomaGold spin-out Monster Lake takes option over property Read More »
