The company said in a short statement that a fire is currently located around 100 km from the project, and is advancing "with prevailing winds" toward the mine site. All construction activity has...
Firestone Diamonds (LON:FDI) said today a reduction in losses in its second half was a clear indication its strategy to focus on the Liqhobong mine was working.
Gold fell today as generally positive euro zone GDP data failed to soothe jittery investors.
Mutiny Gold ( ASX: MYG ) has discovered additional high grade near surface gold at the Deflector Gold Deposit in Western Australia, which importantly delivers another positive for the economics of the ongoing Definitive Feasibility Study.
Paul Loudon, chief executive of DiamondCorp (LON:DCP), is preparing to talk to banks, project financiers and potential rough diamond buyers. It comes after an independent engineering report gave the green light to the company’s longstanding $50 million (£31 million) project to reopen the Lace mine in South Africa’s Free State province.
Strathmore Minerals (TSE:STM)(OTCQX:STHJF) said Monday it has agreed to acquire Saratoga Gold Company, whose primary asset is the Copper King property in Wyoming, as it aims to expand its mineral base beyond uranium.
Prosperity Resources ' ( ASX: PSP ) 81%-owned Indonesian subsidiary PT Prosperity Surya Persada has acquired an 80% equity interest in two key gold-copper licences in Aceh Province in Indonesia.
Volta Resources (TSE:VTR) Monday announced drill results from nine holes as part of its on-going phase 3 program at its flagship Kiaka gold project in Burkina Faso.
DiamondCorp (LON: DCP) said today its latest drilling at Jwaneng South in Botswana had recovered 23 macro diamonds of mostly clear gem quality.
Augur Resources (ASX: AUK) has intersected broad zones of gold and copper mineralisation at the Wonogiri Project in Central Java.
Riverside Resources ( CVE:RRI ), and its partner Sierra Madre Developments (CVE:SMG) announced Wednesday they discovered high grade silver through drilling and trenching at the Jesus Maria mine area, part of the Penoles project in Durango state, Mexico...
Brazilian Metals Group ( ASX: BMG ) is progressing the company goal of developing a substantial mining enterprise in northern Minas Gerais, Brazil, and has now delivered a milestone in a maiden iron JORC Resource.
Mutiny Gold ( ASX: MYG ) has moved another step closer to development of the Deflector gold copper deposit, by securing a project loan and hedging facility agreement with Credit Suisse.
The firm's chief executive Stefan Hayden said he was delighted at the public recognition of the efforts made at the Blanket mine Junior gold miner Caledonia Mining (LON:CMCL, TSE:CAL, OTCBB:CALVF) has received two safety awards for its Blanket gold...
South Boulder Mines ( ASX: STB ) has ticked off another major milestone at the Colluli Potash Project in Eritrea, with an Engineering Scoping Study confirming the viability of the project - while delivering some very positive outcomes.
Coal miner Prophecy Coal (CVE:PCY) said Tuesday its shares will begin trading on the Toronto Stock Exchange this Wednesday, giving the company greater access to capital markets and broadening its market exposure.
Argonaut Gold (TSE:AR) announced Monday it produced 16,884 ounces of gold during its third quarter at its wholly owned El Castillo mine in Durango, Mexico. During the three months ending September 30, the company loaded 29,997 ounces on the pad, a 24...
Turkey-focused gold miner Ariana Resources ( LON:AAU ) said today that it has a “key opportunity” to substantially increase its mineral exploration footprint in western Turkey now that licence auctions in the country have been announced.
Russia-focused Ovoca Gold (LON:OVG) has received a key permit which allows the group to apply for a mining licence on the presently drilled reserves of the Olcha deposit - part of the Rassoshinskaya licence.
Nautilus plans to spend around C$400 million between now and the back end of 2013 developing its first underwater open-cast mine at Solwara. AIM and Toronto-listed Nautilus Minerals (LON:NUS, TSE:NUS) said it has raised C$27.6 million via a private...
Kiska Metals (CVE:KSK) Thursday said it intersected 1.28 g/t (grams per tonne) gold equivalent over 161 metres at hole IM11-020 at Island Mountain in the Whistler project, Alaska.
The diamond market has been dealt a blow by the recent economic turmoil. However now’s not the time to hit the panic button, according to Firestone Diamonds ( LON:FDI ) chairman Phillip Kenny.
Anglesey Mining ( LON:AYM ) revealed today that its 33 percent associate Labrador Iron Mines ( TSE:LIM ) has been added to the the S&P/TSX SmallCap Index. The move will become effective after the trading close this Friday (September 16). Chairman of
Black Fire Minerals ( ASX: BFE ) has completed due diligence on the Pilot Mountain Tungsten-Copper Project located in Nevada, USA, and as a result has taken-up its two year option to acquire 100% of the project.
Universal Coal (ASX: UNV) has secured the Donkin licence area, adjacent to the Somerville coking coal project in the Limpopo Province of South Africa, on a farm-in basis. Based on historical drilling data, the farm Donkin 72MS property has a Inferred JORC Resource of 42.4 million tonnes, covering the northern extent of a farm area of 1,178 hectares, with the potential for coking coal and open pit access.