$91m acquisition adds fourth operating mine to Highland Gold portfolio

MINEX Forum | April 30, 2018
img0 Aim-listed Highland Gold on Thursday announced the $91-million acquisition of a producing mine and two licences in Russia’s Chukotka region, where the company already owns the Kekura and Klen development projects. The assets, which were previously under the management of Highland CEO Denis Alexandrov, should boost Highland’s production by about 11% to 300 000 oz/y. ...

Up to 500,000 tonnes of alumina being exported from China as Rusal crisis bites

MINEX Forum | April 30, 2018
img0 Multiple shipments of alumina are being exported from China, with major suppliers agreeing deals of up to 500,000 tonnes, in a rare move prompted by supply problems after U.S. sanctions on Russian producer Rusal. China is the biggest global producer and consumer of alumina, a compound extracted from bauxite ore that is smelted into aluminium ...

W Resources completes RC drilling at Tarouca licence in Portugal

MINEX Forum | April 30, 2018
img0 Tungsten, copper and gold exploration and development firm W Resources has completed a reverse circulation (RC) drilling campaign at its Tarouca tungsten and tin exploration licence in Portugal. The one-month-long drilling campaign involved the drilling of 29 holes through 1,515m of drilling works, which were completed in lengths between 50m and 70m. The company expects ...