SouthGobi Resources got a clime from its fuel supplier of US$ 8.9 million

MINEX FORUM | January 20, 2017
img0 Image: South Gobi Resources SouthGobi Resources Ltd. (SGQ.TO)(1878.HK) reported that SouthGobi Sands LLC (“SGS”), a subsidiary of the Company, has received a lawsuit notice from the Khan-Uul District Civil Court of First Instance in Mongolia (the “Court”) in relation to a claim from Magnai Trade LLC (“MT”), a fuel supplier of SGS, of MNT 22.2 billion ...

Medgold Resources Corp. got initial results at its Tlamino Project in Serbia

MINEX FORUM | January 11, 2017
img0 Canadian-based Medgold Resources Corp. (TSX-V: MED) reported that results from recent surface channel sampling at its Tlamino Project in southern Serbia include 40 m of 8.32 g/t Au and 193 g/t Ag. Dan James, President of Medgold, commented: “We’re extremely pleased by these initial results from Serbia. Medgold has been in the country for just over ...

Volga-Dnepr delivered jaw crusher from St Petersburg to Magadan

MINEX FORUM | November 11, 2016
img0 Volga-Dnepr Airlines has flown an 88-tonne jaw crusher for the gold mining industry across Russia from St Petersburg’s Pulkovo Airport to Sokol Airport in Magadan on board one of its AN-124-100 freighters, heavyliftpfi.com reported. The jaw crusher – which was delivered alongside other associated equipment and tools – will be used for primary ore crushing ...

Oyu Tolgoi copper, gold production drops

MINEX Forum | August 4, 2016
img0 Image: http://mad-intelligence.com/ Turquoise Hill Resources (TSE,NYSE:TRQ) released its operational overview and financial results for its Oyu Tolgoi copper-gold mine in Mongolia that came in above expectations despite showing production declines for both metals. The Vancouver-based company said Oyu Tolgoi’s second quarter concentrator throughput was in line with the first quarter at roughly 105,000 tonnes per day, but copper production ...