KGL Resourcesadvises that the sale of the Murchison Gold project has settled.As announced in Dec 2013, KGL has received cash consideration of $15 million for the West Australian gold project.In addition to using the funds to continue the exploration and development of the Jervois copper project in the Northern Territory, KGL has contributed $1 [...]
Metals X managed to progress its strategy to build its gold division and re-establish the Company as a diversified miner and developer. The key event was the acquisition of the Australian Business Unit of Alacer Gold with an effective date of 1 October 2013 and a completion date of 29 October 2013.This brought on two additional operations and a [...]
Valence Industries would like to advise that it will be implementing a share sale facility of fully paid ordinary shares for shareholders who hold less than a Marketable Parcel of shares in the Company (Share Sale Facility). Under ASX Listing Rules, any shareholding valued at less than $500 is considered to be less than a Marketable Parcel.The sale [...]
Rum Jungle Resources announce the Karinga Lakes brine potash resource estimate has increased to a total of 8.4 million tonnes K2SO4 including over 70% in the Measured and Indicated category.The Karinga Lakes Project will move to 100% owned by Rum Jungle Resourcesas Reward Minerals has agreed in principle to sell their remaining 10% Joint Venture [...]
Geodynamics Limited and joint venture partner Kentor Energy Pty Ltd, a 100% owned subsidiary of KGL Resources, are pleased to announce that the Environmental and Social Impact Assessment (ESIA) for the Savo Island Geothermal Power Project has been completed. The ESIA has been submitted to the Solomon Islands Department of Environment, and will be [...]
West African Resources is pleased to announce that it has entered into an agreement to acquire a second-hand 1.6Mtpa heap leach plant for the Boulsa Project, in Burkina Faso. West African's Managing Director Richard Hyde said: "We are targeting gold production from Mankarga 5 in 2015 at a low cost by utilising second-hand equipment where [...]
ABM Resources Announce the Interim Financial Report for Period Ending December 2013. Achievements accomplished since the start of the 2013/2014 financial year include:- ABM installed and commissioned a pilot plant at the Old Pirate project.- Trial mining of 9,844 tonnes of material was completed under an exploration licence.- Target of 3,000 ounces [...]
Dacian Gold announce the Presentation to RIU Resources. Dacian's Mt Morgans Project is a high grade goldfield in the Laverton district with discoveries in 2013.The company has a strong and experienced board and is well funded with AU$13 Million cash. The Mt Morgans minimum ore reserve target is 500,000 ounces of gold with a five year mine [...]
Julian Malnic has joined the board of Sovereign Gold Company Julian was recently appointed to manage the Mount Adrah Gold Project in south-eastern NSW. CEO, Michael Leu said "Sovereign Gold will strengthen its market profile with the addition of well-known industry identity, Julian Malnic. "As founder and chairman of the Sydney Mining Club, Julian [...]
ABM Resources advises that Mr Imants Kins, non-executive director of the Company has tendered his resignation effective from the close of business today to pursue other business interests. Dr Mike Etheridge, chairman, said "Imants has made a very positive contribution to ABM, particularly through the restructure of the Company in 2009 and the [...]
Archer Exploration report the mineral resources for the Central Campoona Graphite Deposit, with the following highlights: 1. JORC Code 2012 Inferred Mineral Resource for Central Campoona of 520,000 tonnes grading 11.6% TC at a nominal cut-off grade of 5% TC. The JORC Code 2012 Resource compares with the previously reported maiden Central Campoona [...]
Assay results are still being received for the phase 1 resource drilling of the Ammaroo East area on Central Australian Phosphate (CEN) Arganara tenement EL 24726. All assays are scheduled to be received within the next two weeks, at which time the data will be provided to an independent resource consultant for a combined JORC Resource upgrade of [...]