Caledonia Mining to buy one of Zimbabwe’s largest gold projects
Mining News Pro - Caledonia Mining Corporation (LON: CMCL) is set to be the new owner of one of Zimbabwe’s biggest gold mining projects after agreeing to acquire Bilboes Gold Limited, owner of the namesake gold project, in a $53 million shares deal, plus a royalty on revenues.
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Barrick takes interests in Red Lake Gold, Dixie Gold projects in Ontario
Mining News Pro - Red Lake Gold’s shares soared on Wednesday after Barrick Gold announced it had signed agreements with the company and Dixie Gold, both of which have gold projects in the Red Lake district, in northern Ontario.
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Horizon cashes in on gold projects
Mining News Pro - Horizon Minerals has acquired the Bulong South, Glandore and Cowarna gold projects in the Western Australian Goldfields from Aurenne Group Holdings for $5 million.
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Ausmex to focus on QLD gold projects
Mining News Pro - Ausmex says it expects to commence mining at its Golden Mile and Mt Freda projects in Queensland following regulatory and land court decisions.
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KORE Mining considering spin-out of BC gold projects
Mining News Pro - KORE Mining is considering “maximizing the value of its gold portfolio” by splitting its US development assets and Canadian exploration assets into separate publicly listed companies by way of a spin-out to shareholders.
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Stavely receives licences to advance Victorian copper-gold projects
Mining News Pro - The Victorian Government has granted Stavely Minerals two key retention licences to advance the Stavely copper-gold and Ararat copper projects in Victoria.
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Kyrgyz and Turkish miners join forces to develop gold projects in Central Asia
Mining News Pro - Kyrgyz gold producer Chaarat (AIM:CGH) and Turkish mining and mine construction contractor Çiftay İnsaat Tahhüt ve Ticaret signed today a binding term sheet to enter into a joint venture with the idea of collaborating on the Tulkubash and Kyzyltash projects in the Kyrgyz Republic.
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Westgold cancels purchase of Doray gold projects
Mining News Pro - Westgold Resources will not go ahead with its planned purchase of Doray Minerals’ Andy Well and Gnaweeda gold projects in Western Australia.
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NGEx’s Chilean and Argentine copper-gold projects inch towards go-ahead decisions
Mining News Pro - NGEx Resources Inc has filed a technical report for its Josemaría project (pictured) entitled “NI 43-101 Technical Report, Prefeasibility Study for the Josemaría Copper-Gold Project, San Juan Province, Argentina”.
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Newcrest moves on two Chile gold projects
Mining News Pro - Australia-based gold major Newcrest Mining has expressed an interest in farming into the Gorbea projects, in Chile, which fellow major Yamana Gold previously explored in a joint venture (JV) with Mirasol Mining.
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DRD Gold projects boost Ergo efficiency, lower costs
Mining News Pro - Three major projects completed by surface gold mining company DRDGold are expected to boost the fortunes of the company’s Ergo plant on the East Rand.
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Visit: 896