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Canadian-based Antioquia Gold expects more growth after lifting gold production to a record 1,857oz at its flagship Cisneros mining operation in Colombia for the month of June.
President-CEO Gonzalo de Losada says the company expects to surpass the production record again as it continues to ramp up its production and resources.
Antioquia is set to begin commissioning in mid-July of its expanded 1,200tpd plant, and...
Company - Antioquia Gold Inc
Toronto-based company with gold production, development and exploration projects in Colombia
Ora Banda Mining aims to secure full funding for the capital costs and working capital needs to recommence production at its 100%-owned Davyhurst gold project in Western Australia with the launch of a $A55M equity raising.
The raising will comprise a two-tranche placement of 174M shares to raise up to $40M and underwritten 1 for 9 entitlement offer of 66M shares to raise $15M. The shares will be issued at 23cps, 9.8% below their last...
Aus Tin Mining is pursuing new options to divest its mothballed Granville tin mine on the west coast of Tasmania, Australia after the collapse of a planned $A1M sale to specific purpose vehicle Ten Mining.
Despite a 30-day extension to June 30, Ten Mining has failed to complete the transaction that was to have been the foundation asset for its planned float and its exclusive negotiation rights have expired.
The death toll in a landslide at a jade mine in N Myanmar has risen to at least 162, with more feared dead, Reuters reports.
A heap of mining waste collapsed into a lake on Thursday and buried many workers under mud and water. 30 people have also been hospitalized. The search for survivors is continuing.
The miners were collecting stones in the jade-rich Hpakant area of Kachin state, the centre of Myanmar’s secretive jade industry, when...
Developer First Mining Gold Corp has closed its $US22.5 silver purchase deal with miner First Majestic Silver to advance First Mining’s 100%-owned Springpole Gold Project, in NW Ontario, Canada.
First Majestic has agreed to pay First Mining a 3-staged $US22.5M for the right to purchase 50% of the payable silver produced from the 4.9Moz resource the Springpole project’s life. The 1st $10M came on today’s closing -- $2.5M...
Fortescue Metals Group has awarded a detailed earthworks and concrete contract to construction and engineering company Civmec for the dry plant at its $US2.6B Iron Bridge magnetite mine development in Western Australia’s Pilbara region.
The stand-alone contract covers over 350,000cum earthworks, 5,000t steel reinforcement and 38,000cum concrete placement for the primary, secondary and tertiary crushing, screening, air...
A landslide at a jade mine in N Myanmar has killed at least 126 people, with more feared dead, after a heap of mining waste collapsed into a lake burying many workers under mud and water, Reuters reports.
The miners were collecting stones in the jade-rich Hpakant area of Kachin state, the centre of Myanmar’s secretive jade industry, when the muddy wave crashed onto them after heavy rain, according to the fire service department. By late...
Substantial shareholder APAC Resources appears to have succeeded in its aim of forcing Metals X to give up its attempts to resurrect the Nifty copper operation, with the Australian diversified miner announcing plans to sell the failed East Pilbara mine along with its other copper assets.
APAC, which beneficially owns 15.3% of MLX shares, has demanded an extraordinary shareholder meeting with the aim of unseating three...