SRK Zimbabwe office looks to bring better times

The Harare office of global engineers and scientists, SRK Consulting, has a new, local country manager and is looking forward to contributing to the recovery of Zimbabwe’s mining sector. Read more

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Lago Dourado acquires 100% interest in its flagship Juruena gold project

Lago Dourado Minerals Ltd. (TSX VENTURE:LDM) (the "Company") announced today that it has signed an agreement with Geomin to acquire a 100% interest in the remaining 16 exploration licenses, previously under option, at its flagship gold project Juruena, in the Mato Grosso state of Brazil. The Company will now hold a 100% interest in the entire project which consists of 25 exploration licenses, covering approximately 70,000 hectares. There is currently one drill rig turning at Juruena with two rigs expected to be added in the coming weeks.


Newcrest suspends Ivory Coast gold ops on security issues

Newcrest said in a brief announcement today that it has suspended operations at the Bonikro gold mine "as a precautionary measure" and evacuated expatriates to neighbouring Ghana. This is not the first time Bonikro has had to be closed - a mine gained late last year with the takeover of Lihir Gold with its much larger prize of the Lihir Island gold project in Papua New Ginea.

SouthGobi Resources announces updated NI 43-101 compliant coal resources and reserves for Its Ovoot Tolgoi Complex in Mongolia

SouthGobi Resources Ltd. (TSX:SGQ)(HK:1878) announced today that new, independent estimates prepared by Minarco-MineConsult ("MMC"), have updated coal resources and proven and probable mineral reserves contained at the company's Ovoot Tolgoi Complex, (comprised of the Ovoot Tolgoi Coal Mine and the Ovoot Tolgoi Underground Deposit). Independent estimates for coal resources have also been updated by MMC for the company's Soumber Deposit (comprised of the Soumber Field and the Biluut Field).