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 ...

Uzbekistan opens up to foreign investors and mining companies

MINEX FORUM | May 23, 2017
img0 *Summary of MINEX Uzbekistan 2017 Mining and Investment seminar http://minexforum.com/events/uzbekistan2017/ Uzbekistan is launching reforms to address pressing economic and social issues. The creation of free conversation of the national currency is the cornerstone of the reform. One of the objectives of the Government is to attract foreign investment in the development of country’s mineral resources and ...

Polish mining decreased in April

MINEX FORUM | May 23, 2017
img0 The Polish Statistical Office has released the first set hard macro data for April, showing that the Polish economy has entered the second quarter well although industrial production continues to decrease. The overall impression is though, at first glance, spoiled by the fact that industrial production declined by 0.6% year-on-year in April but this result is ...

New Frontiers for Mining Value Creation

Alexander Vyazmensky | May 19, 2017
img0 There are many opportunities to revolutionize the mining industry and enhance the value generated by the mining businesses, this post presents a few promising avenues. Digital Technologies Key Benefits: -> Total operational awareness and control: -> Optimal resource allocation for maximum productivity -> Reduction of variability in decision making and execution -> Automation of mining ...

Chinese CNTIC to invest to Massalsky Mining and Processing Plant

MINEX FORUM | May 18, 2017
img0 Portfolio companies of Kazakhstan’s national wealth fund Samruk-Kazyna JSC have signed several agreements with Chinese partners as part of the official visit of Kazakhstan President Nursultan Nazarbayev to China. Nazarbayev was in Beijing to attend the Belt and Road Forum for International Cooperation on May 14-15, said timesca.com. In Beijing, Massalsky Mining and Processing Plant ...

Peter Hambro to step down as Petropavlovsk Chairman

MINEX FORUM | May 15, 2017
img0 Further to the announcements on 12 May 2017 and the succession planning referred to in its Annual Results, London-listed Petropavlovsk PLC (“Petropavlovsk”), a leading gold producer in the Russian Federation, provides the following comments on its proposed Board changes. Andrew Vickerman to become independent interim non-executive chairman following conclusion of AGM; Peter Hambro to step down ...