Eldorado Announces Preliminary 2017 Operational Results and Partial 2018 Guidance

MINEX FORUM | January 17, 2018
img0 Eldorado Gold Corporation, (“Eldorado” or “the Company”) today announces the Company’s 2017 operating results and preliminary cash costs, and provides partial production and cash cost guidance for 2018. 2017 Overview Gold production of 285,919 ounces (including pre commercial production from Olympias); vs revised guidance of 280,000-310,000 ounces (including a Q4 revision at Kisladag). In addition, the ...

Medgold excited by Serbia potential

MINEX FORUM | November 21, 2017
img0 Canada-listed explorer Medgold Resources (CN:MED) is excited by the potential at its Tlamino gold project in Serbia as the latest assays demonstrate mineralisation extends into the hillside. Medgold is planning fully-funded diamond drilling to start at Tlamino in 2018 Assays from a composite channel sample interval at an adit in the Barje prospect contained 52m ...

Initial reserve estimate confirms Nezhda viability – Polymetal

MINEX FORUM | November 16, 2017
img0 LSE-listed gold and silver miner Polymetal on Monday published an initial ore reserve estimate for the Nezhdaninskoye (Nezhda) gold deposit, in Yakutia, reaffirming the project’s economic viability. Nezhda, which is the fourth largest gold deposit in Russia, is estimated to have an openpit ore reserve of 15.5-million tonnes with an average gold-equivalent (GE) grade of 4 g/t for two-million ounces of GE contained. Additional mineral resources are estimated at ...

Polyus shares to be included in MSCI Russia index

MINEX FORUM | November 16, 2017
img0 Gold miner Polyus announced on Tuesday that Morgan Stanley Capital International (MSCI) would include the company’s shares in its Russia and emerging markets indices at the end of the month. Polyus CEO Pavel Grachev said that the inclusion in the MSCI Index has been a long-standing objective of the company and one of the components of its target to increase liquidity in the company’s equity instruments ...

Thousands of people in Bonn opposed coal before the UN Climate Conference

MINEX FORUM | November 7, 2017
img0 Just days before the UN Climate Conference is due to get underway, thousands of people have protested in Bonn demanding Germany immediately phase out its use of coal, dw.com reported. Carrying colorful banners with slogans that read “Revolution, not pollution,” “Climate or coal chancellor?” and “Frack off our land,” participants in Saturday’s anti-coal march in Bonn criticized ...

China Development Bank offers to finance construction of transport corridors in Far East Russia

MINEX FORUM | November 7, 2017
img0 Image: morvesti.ru China Development Bank has offered to finance construction of two key transport corridors in Far East Russia to make exports quicker and easier. The state lender proposed financing development of the Primorye-1 and Primorye-2 routes, which connect China’s northwest provinces with Far East Russian ports, during negotiations between China Railway Group Ltd. and the ...