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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 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.
Mining Company Finance and Bussiness Expanded : Econergy International Considering to Business Private
Vincent Tchenguiz, the property entrepreneur, helped to lift the distressed share price of Econergy International, the developer of renewable power projects, up 5½p to 29p, by saying that he was considering taking the business private. It floated at 100p two years ago.
He also said that he might sell his 18 per cent stake, held through [...]
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 [...]
Hong Kong-based mining company looking for gold in Kelantan
Hong Kong-based mining company CNMC Goldmine Limited (CNMC) is looking for gold in Kelantan.
Based on geology records made available by the authorities here, the Sokor locality in the Tanah Merah district is estimated to have five tonnes of gold deposits, the company said.
CNMC has entered into a memorandum of understanding (MoU) with the [...]
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’ [...]
Goldmark Announces the Acquisition of the Abigail Property, a 1,745 Hectare Gold Prospect in Southern Ecuador
Goldmark Minerals Ltd. today announced the acquisition of the Abigail Property in Ecuador and the completion of Canadian National Instrument 43-101 report (the “NI 43-101 Report”) associated with this property. The acquisition is an arms-length transaction. The property is to be considered as a fundamental acquisition and as such is subject to the approval of [...]
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 [...]
