Search Results
Results Of Mining Exploration Company’s In Gold Mine In The Republic Of Congo
Plagued by financing difficulties, contract rows, and image problems, Democratic Republic of Congo’s languishing gold projects are failing to cash in on impressive reserves and healthy prices.
Australian Copper Mining Company, Kagara Receives Approaches For Sale of Gold Asset
Kagara Ltd., an Australian zinc and copper producer, has received approaches for its gold assets that are being readied for a A$150 million ($108 million) initial share sale in July to help reduce debt.
Australian Mining Sector Plans To Develop Mine Exploration and Production
Australian miners are famous for outsourcing. It may sound bizarre to some, but a listed mining company doesn’t necessarily need internal expertise in exploration, drilling, metallurgy, construction or mining, due to the wealth of service providers willing to do those tasks.
Sierra Leone to review mining contracts
Sierra Leone’s government will review all mining contracts in the West African state to try to clean up corruption and cheating and maximise benefits for the nation, Minister of Mines Alhaji Abubakarr Jalloh said.
“We’re not going to allow our minerals to be a curse to us,” Jalloh told Reuters in an interview this week.
“We are [...]
Lappland Goldminers Has Completed The Acquisition Of Northern Lion Gold OY
Lappland Goldminers has completed the previously announced acquisition of Northern Lion Gold OY. The issue of 1,771,726 shares to the seller has been registered by the Swedish Company Office (Bolagsverket). The total number of shares in Lappland Goldminers now amounts to 60,401,361.
About the Company Lappland Goldminers AB is an exploration company with the goal of [...]
Light at end of the tunnel for Beaconsfield
ALLSTATE Explorations is poised to emerge from its bitter five-year insolvency, after its administrator and Macquarie Bank accepted a takeover proposal from Beaconsfield Gold that will finally see creditors of the Tasmanian gold mine paid in full.
Allstate administrator, Michael Ryan, announced yesterday the Allstate companies would come out of administration – subject to a creditors’ [...]
Lappland Goldminers speeds up drillings on the Gold Line
Lappland Goldminers has contracted 6 core-drilling rigs and plans to drill 20 000 – 25 000 drill metres during 2007 on the projects in County of Västerbotten.
- Due to the favourable results from drilling in 2006 the Company has decided to intensify drilling during 2007. The principal target is our project at Fäboliden, where [...]
