Ian Ashby takes the place of Peter Hambro as a Chairman of Petropavlovsk PLC

MINEX FORUM | June 23, 2017
img0 Messrs Peter Hambro, Robert Jenkins, Alexander Green and Andrew Vickerman were not re-elected as Directors of Petropavlovsk  PLC and therefore retired from the Board on 22 June 2017, said the company. Messrs Ian Ashby, Bruce M. Buck, Vladislav Egorov, and Garrett Soden were appointed as Directors of the Company on 22 June 2017.  A further announcement ...

Rio Tinto to explore Mongolia outside the Oyu Tolgoy mine

Irina Dorokhova | June 21, 2017
img0 Mining giant Rio Tinto (LON:RIO) and its Canadian affiliate Turquoise Hill (TSX:TRQ) are once again exploring Mongolia’s metals-rich Gobi desert, following the country’s renewed efforts to attract foreign investment, said mining.com. Last month, the landlocked country bordering China and Russia decided to open more than one-fifth of its territory for mining exploration, hoping to shore ...

Ariana Resources discovered extensive resource targets at Tavsan Gold project

MINEX FORUM | June 13, 2017
img0 Ariana Resources plc announced the completion of resource-focused target assessments for the Tavsan Gold Project (“Tavsan” or “the Project”).  Tavsan is part of the Red Rabbit Joint Venture with Proccea Construction Co. and is 50% owned by Ariana. Extensive new geochemical target areas are identified across Tavsan, demonstrating clear potential for resource growth. Six significant target areas ...

Petropavlovsk assessed an additional 372 koz at the Pioneer and Malomir reserves

MINEX FORUM | June 6, 2017
img0 Petropavlovsk PLC (POG.LN) announces a further update on the results of exploration work completed during 2016 and 2017.   2016 Highlights: 1.55Moz increase in JORC non-refractory reserves, including 340% increase in non-refractory JORC Reserves at Elginskoye (Albyn) to 1.24Moz, with feasibility study completed, and first underground JORC Reserve of 370koz (all non-refractory) New Pioneer NE Bakhmut ...

Kenadyr Mining launches drilling program in Kyrgyzstan

MINEX FORUM | May 24, 2017
img0 Kenadyr Mining (Holdings) Corp. (TSX-V: KEN; OTCMTKS: KNDYF) announced that drilling has commenced on the South Zone of Kenadyr’s 100% owned Borubai License, Kyrgyz Republic. The South Zone is directly adjacent to Zijin Mining Group Co Ltd.’s (“Zijin”) Taldy-Bulak Levoberejny (“TBL”) Mine deposit, currently in production. Initial drilling is designed to intersect an area which was ...

Mundoro Capital launches the new drilling program at the Tilva Rosh gold target

MINEX FORUM | May 23, 2017
img0 Mundoro Capital Inc. (TSX VENTURE:MUN) (“Mundoro”) announced the start of the drilling program at the Tilva Rosh gold target on the Company’s 100% owned Savinac license (“Savinac”). Savinac is one of the four exploration licenses located in the southern portion of the Timok Magmatic Complex in Serbia that are 100% controlled by Mundoro. “The prior ...