Aurion Resources completed the purchase of two gold projects in Finland

MINEX FORUM | March 21, 2017
img0 Aurion Resources Ltd. (TSX VENTURE:AU) reported it has completed the purchase of the Kaaresselkä and Kiekerömaa gold projects from Tertiary Minerals plc, following the transfer of the Exploration Licences from Tertiary to Aurion by the mining division of the Finnish Safety and Chemical Agency (Tukes) and exchange approval by the TSX-V. The projects were purchased for ...

Glencore sells African zinc assets to Trevali and gets offtake from all byuer’s mines

MINEX FORUM | March 14, 2017
img0 Glencore announced that it has entered into a definitive agreement with Trevali Mining Corporation, whereby Trevali will purchase Glencore’s 80% interest in the Rosh Pinah mine in Namibia and 90% interest in the Perkoa mine in Burkina Faso. The aggregate consideration is US$400 million, of which US$244 million is to be paid in cash, with ...

Nevsun Resources intersected high grade gold-copper zones

Irina Dorokhova | March 2, 2017
img0 Nevsun Resources Ltd. (TSX:NSU) (NYSE MKT:NSU) announced new assay results from on-going infill drilling of the Upper Zone at the Company’s Timok copper-gold project in Serbia. Drilling continues to confirm continuity and the high-grade nature of the Upper Zone New massive and semi-massive sulphide intersections include: 14.58% Cu and 12.9 g/t Au over 67.5m, within ...

AMC Consultans CEO specified mining future technologies

MINEX FORUM | November 23, 2016
img0 Image: mining3.com Veteran mining figure and keen observer of the industry’s history, AMC Consultants chairman Peter McCarthy said Mining Journal, that mining equipment and methods haven’t changed much for decades but cost, investment, environmental and regulatory pressures are growing and the need for a step-change in approach is near a critical juncture. “Three major manufacturers ...

Centerra Gold and Thompson Creek completed the merging

MINEX Forum | October 24, 2016
img0 Image: http://berlek-nkp.com Centerra Gold Inc. (TSX:CG) and Thompson Creek Metals Company Inc. (“Thompson Creek”) (TSX:TCM) (OTCQX:TCPTF) announced that they have completed the Plan of Arrangement previously announced on July 5, 2016, pursuant to which Centerra acquired all of the issued and outstanding common shares of Thompson Creek, Centerra reported. Under the terms of the arrangement, all ...

Key players on the Russian gold market will be attending MINEX Russia 2016

Irina Dorokhova | September 27, 2016
img0 At the second session entitled “Russia’s top Gold producers: driving economic development of Russia’s Eastern territories”, which is going to take place on the 5th of October at the 12th annual mining and exploration forum MINEX Russia-2016, the heads of the leading Russian gold mining companies will discuss mining enterprises located in the Far East. ...

Potash Corp and Agrium to form new giant player in the global potash market

MINEX Forum | September 12, 2016
img0 Image: huffingtonpost.ca Potash Corp. of Saskatchewan and Agrium have agreed to merge in a deal that would create a global agricultural giant worth an estimated US$36 billion. The deal would bring together Saskatoon-based PotashCorp’s huge fertilizer mining operations — the world’s largest by capacity — with Calgary-based Agrium’s extensive global direct-to-farmer retail network, ctvnews.ca reported. Both companies ...

Edinburgh scientists are about to extract gold from electronic trash

MINEX Forum | August 31, 2016
img0 Image: myrecycledbags.com Edinburgh scientists from University of Edinburgh developed a simple extraction method that does not use toxic chemicals and recovers gold more effectively than current methods. The finding could help salvage some of the estimated 300 tonnes of gold used in electronics each year. Electrical waste – including old mobile phones, televisions and computers – is ...