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Azumah Resources Plans Increase and Development Gold Mine Exploration Project in Ghana
Australian mining company, Azumah Resources will increase company capital to develop and exploration gold mine project. Improvement of this capital expected able to quicken exploration activity of mine in some mine locations. Mine company, Azumah focus develops and exploration of gold mine residing in Ghana.
Azumah Resources Exclusive Agreement To Purchase Ghana Gold Mine Project
Australia-based Azumah Resources has entered into an exclusive agreement with TSX-listed Crew Gold Corporation to purchase that company’s Wa project, in Ghana.
Australian Mining Company, Adamus Resources Receive Approval To Start Gold Mining Exploration in Ghana
Perth-based Adamus Resources has completed an environmental assessment programme at its flagship Southern Ashanti gold project, in Ghana.
Newmont Mining loses $2.06-billion in Q2 2007
Newmont Mining Corp. has released the second quarter financial and operating results, which include a negative $2.12-billion impact of strategic initiatives completed during the second quarter. For the quarter, the company reported a net loss of $2.06-billion $4.57 per share), compared with net income of $161-million (36 cents per share) for the second quarter of [...]
Namibia suspends issuing new uranium prospecting licences
Foreign mining companies after Namibia’s yellowcake are warned. The country has suspended issuing new uranium prospecting licences, as it seeks to bring order in the rush for its uranium resources.
Permanent secretary in the Ministry of Mines and Energy, Joseph Iita was quoted by the daily Namibian Wednesday as saying that no applications were currently being [...]
Aussie gem miner seeks gold in Ghana
Australian Stock Exchange-listed diamond explorer Paramount Mining Corporation has announced its intention to explore for gold in its Ghanaian concession.
The move is Paramount’s first foray into gold exploration.
The company stressed on Thursday, however, that its primary focus remained diamond exploration and development – the gold opportunity being pursued only because the diamond ground concerned covered [...]
