The Kiziltepe mine, which Aim-listed Ariana Resources owns in a joint venture with Turkey’s Proccea Construction, has delivered its best-to-date production performance, with gold output climbing to 7 171 oz in the June quarter. The gold production was a 47% increase on the first quarter’s output of 4 866 oz. “The results of the past […]

Eurasia Mining plc announce the Ministry of Natural Resources has approved its application for a mining permit at Monchetundra Mine in Russia. The AIM-listed PGM and gold mining company said the mine permit application has now been delivered to the office of Prime Minister Dmitry Medvedev for final authorisation. The company said the MNR approval […]

Serbia’s RTB Bor copper miner and smelter has drawn interest from 11 companies and the tender could take place this week or next, Belgrade daily Politika reported on Wednesday. Serbia has tried and failed three times since 2007 to sell the debt-laden mining complex, which suffered a long period of neglect during the Balkan Wars […]

Tethyan Resources initially got a lot of attention and love from the market a few years ago when it made a new copper-gold porphyry discovery in Southwest Serbia. The Rudnica project combined long intervals with more than acceptable copper and gold grades, but due to the lack of expansion drilling, the currently known mineralized envelope […]

Mundoro Capital Inc. announce mobilization for drilling at the Borsko Jezero license . Borsko is one of the four licenses being sole funded by Japan Oil, Gas and Metals National Corporation as part of the Amended Earn-in Agreement announced August 2016. Borsko is located in the central portion of the Timok Magmatic Complex directly west […]

Russian Copper Company and the Kazgeology National Geological Exploration Company have signed a memorandum of cooperation. It addresses the prospecting and mining of non-ferrous and polymetallic in the territory of Kazakhstan. The ceremony was held in the fields of the Kazakhstan Global Investment Roundtable 2018 in the presence of the Minister of Investment of the […]

The Svaipa, Grans and Semisjaur–Njarg Sámi villages and the Saltfjell Reindeer-Herding District have declared a moratorium on mining in the Nása mountain, a border area between Sweden and Norway. «This is a clear statement from the reindeer-herding villages. The goal is to prevent mining on Násafjäll, both now and in future,» says Sara Ajnnak from […]

The placing involved 92.5 million new ordinary shares and commitments to subscribe for 35.8 million ordinary shares at a placing price of 9p each. Major Savannah shareholder Al Marjan Limited also sent a letter of intent for a further £1 million, bringing proceeds up to £12.5 million. Savannah said the aggregate placing and subscription shares […]

Maria Jose Alamo, whose 120 cattle graze on land close to the only major new uranium mine being developed in the world, is worried. “I myself wouldn’t buy the meat of cattle raised close to such a mine,” said Alamo, 48, in an interview at a cafe in the hamlet of Banos de Retortillo, in […]