Major milestones achieved during the development of Atrum Coal 1.57 billion tonne Groundhog Anthracite Project over 2014 included the completion of a Pre-Feasibility Study, which demonstrated robust economics for a peak 5.4Mtpa run-of-mine underground operation at Groundhog. The PFS demonstrated that pre-production costs at Groundhog would be [...]
Balmoral Resources reported results for on-going testing of the Horizon 3 nickel-copper-PGE discovery on the Company's wholly owned Grasset Property in Quebec. Drilling continues to rapidly expand the size of the Ni-Cu-PGE mineralized zone. Results from 12 recently completed holes, and several pending intercepts, imply more than a doubling of [...]
Platina Resources Owendale scandium and platinum project in New South Wales remains the highest grade laterite-hosted scandium deposit discovered globally, and offers a stable and potentially large tonnage scandium production.The outlook for scandium is very positive, with research and development activities in recent years indicating significant [...]
ABM Resources, in reference to its latest announcements released on 30th September, 2014 provides an audio webcast with the following details:ABM Resources Releases Resource Update and Production GuidanceSpeaker: Darren Holden, Managing DirectorLive date: Tue, 1 October 2014 12 noon AESTAccess this webcast. About ABM Resources NL:ABM Resources [...]
A discussion of the activities, results of operations and financial condition of West African Resources for the three and twelve month period ended June 30, 2014, compared to the same periods in the preceding year. This management discussion and analysis was prepared using information available as of September 29, 2014 and should be read in [...]
The Board of Metals X wishes to advise that it has completed a gold pre-pay arrangement with Citibank, N.A. over 30,000 oz of future gold production.Under the arrangement Citi has advanced Metals X $40.445 million in cash and Metals X has an obligation to deliver 1,250 oz of gold per month for 24 months. Metals X had cash and working capital of [...]
The past twelve months have seen comprehensive renewal, restructuring and rebuilding for Southern Cross Goldfields. The Company has a new Board and management, enhanced assets, a vastly strengthened funding position, and a revised strategic plan that can deliver substantial returns for shareholders.The transition has been remarkable. SXG is poised [...]
Orocobre is building a substantial industrial chemicals and minerals company through the construction and operation of its portfolio of lithium, potash and boron projects in the Puna region of northern Argentina. Operating on the principles of sustainability, shared value and supported by strong local and international partnerships, Orocobre is [...]
During the year ended 30 June 2014, West African Resources acquired 100% of TSXV-listed Channel Resources, which held the Tanlouka Permit, adjacent to West African's Boulsa Gold Project in Burkina Faso, and commenced work on exploring and evaluating the Mankarga 5 resource. West African is aiming to become a +50,000-ounce gold producer in [...]
Argent Minerals is an ASX-listed public company focused on creating shareholder wealth through the discovery, extraction and marketing of precious and base metals. A key goal of the Company is to become a leading Australian polymetallic producer, producing 1.5 million tonnes per annum with a mine life of 20 years. The Company's project assets [...]
Dacian Gold announces that it has completed a successful surface rock-chip sampling program over parts of its Jupiter prospect, located within the 100% owned Mt Morgans Project, situated 20km west of Laverton in Western Australia. The rock-chip sampling program identified significant levels of gold mineralisation over rocky and steep-sided [...]
Darren Holden, Managing Director of ABM Resources said, "The presentation of our first year's production forecast is an important milestone for ABM. We look forward to commencing mining as soon as possible and realising our goal of delivering a new high-grade, low cost, open-pit mining operation in Australia." Highlights: - 50,000 to 60,000 [...]