Vast Resources sells its African assets to develop Romanian project

MINEX FORUM | February 1, 2017
img0 Image: Vast Resources Vast Resources plc, the AIM listed mining company with operations in Romania and Zimbabwe, announced that it has signed a conditional agreement for the partial disposal of a non-controlling interest in its Pickstone-Peerless Gold Mine and Giant Gold Mine providing gross proceeds of US$8 million principally to advance the Company’s core activities in ...

Polish old mines were transformed into museums

MINEX FORUM | February 1, 2017
img0 In Poland former mines were transformed into tourist attractions. Livemint.com published impressions inspired by some underground mines. Wieliczka Salt Mine Sitting 327m underground, the Wieliczka Salt Mine in the town of Wieliczka has been a tourist attraction since the 15th century, when tours were the preserve of the elite: You needed the consent of the king, ...

Erdene Resource Development increases the offer to CAD$12 M

MINEX FORUM | February 1, 2017
img0 Erdene Resource Development Corp. (TSX:ERD) announced that due to strong demand, it has amended the terms of its previously announced bought deal financing to increase the size of the offering from C$10,000,760 to C$12,000,000. The Company has entered into an amended agreement whereby Paradigm Capital Inc. as lead underwriter and Canaccord Genuity Group Inc. have ...