Kazzinc to train metallurgists at Glencore’s Nyrstar project

MINEX FORUM | June 22, 2017
img0 Glencore announces that it has been engaged by Nyrstar to provide, through the Kazzinc operation in Kazakhstan, training and ramp-up support services in connection with Nyrstar’s Transformation Project in Port Pirie, South Australia. This follows the successful implementation of Kazzinc’s New Metallurgy Project, which was completed in 2012. The Transformation Project includes the installation of ...

Avrupa Minerals returned 100% ownership of the Alvalade Project in Portugal

MINEX FORUM | June 19, 2017
img0 Avrupa Minerals Ltd announced that it has recovered 100% ownership of the Alvalade VMS copper/lead/zinc Project, in the Iberian Pyrite Belt of southern Portugal.  Avrupa has signed agreements with two former partners that transfer the outstanding 60% ownership of the project back to Avrupa in return for certain debts being forgiven to one partner, and future ...

Glencore is about to acquire Rio Tinto’s Coal & Allied for US$2.55bn

MINEX FORUM | June 12, 2017
img0 Glencore has submitted a proposal (“Glencore Proposal”) to acquire Rio Tinto’s 100% interest in Coal & Allied Industries Limited (“C&A”) for US$2.55bn cash plus a coal price linked royalty, with the cash comprising US$2,050m cash payable on completion; and US$500m in aggregate deferred cash payments, payable as annual instalments of US$100m over five years following ...

Scotgold Resources agreed with two of Scotland’s preeminent manufacturing jewellers

MINEX FORUM | June 7, 2017
img0 Scotgold Resources Ltd announced that a sales agreement has been signed with two of Scotland’s preeminent manufacturing jewellers. This agreement covers the first refining batch (approximately 16oz) of Scottish Gold made available for jewellery (and only the second refining batch produced to date) from Scotgold’s Bulk Processing Trial (BPT) at the Cononish Gold and Silver ...

Sukhoi Log adds 58 moz to Polyus’ gold resources

MINEX FORUM | June 5, 2017
img0 PJSC Polyus (MOEX — PLZL), the largest gold producer in Russia, announces the results of the review of the Company’s Ore Reserves and Mineral Resources as at 31 December 2016 in accordance with the JORC Code 2012. Polyus’ Proved and Probable (P&P) Ore Reservesequate to 71 moz of gold andits Measured, Indicated and Inferred (MI&I) Mineral Resources standat 193 moz. Correspondingly, Polyus ranks second by attributable ...

Atalaya made its next step in the development of its Spanish Touro copper project

MINEX FORUM | June 5, 2017
img0 Atalaya (AIM:ATYM, TSX:AYM), the European mining and development company, announced the progress at its Touro copper project (“Proyecto Touro”) in North-western Spain. Milestones include: • Successful completion of metallurgical test-work which has demonstrated that high grade clean concentrates and high recovery rates can be expected at Proyecto Touro. • Completion of 26,557 metres of exploration ...