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Recent News Stories

  • Kerr Mines announces US$27.6 million project financing and makes positive production decision

    Kerr Mines Inc. (TSX: KER, OTC: KERMF, FRA: 7AZ1) (“Kerr” or the “Company”) is pleased to announce that it has signed a Letter of Intent with Pandion Mine Finance, LLC (“Pandion”) for US$27.6 million to fund the development and production of gold at the Copperstone Mine by Q4 2019. The financing is subject to the execution of a Prepaid Forward Gold Agreement (the “Agreement”), with

  • IGF Releases Guidance for Governments on Local Content Policies to Strengthen Economies

    A new toolkit developed by the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF) aims to help resource-rich countries find more sustainable and inclusive economic solutions, fostering stronger linkages between mineral resources and the rest of the economy. The IGF Guidance for Governments focuses on local content policies and strategies created by governments requiring mining companies to utilize local goods and services when operating in

  • Steel Producer proves its confidence in SCHADE Technology

    SCHADE Lagertechnik GmbH supplies one Circular Storage, two Portal Reclaimers, and two Stackers to the Iranian concern Pasargad Steel Complex (PASCO) in this year. The contract was signed in 2016.                   The SCHADE Reclaimers and Stackers will handle iron ore, iron ore pellets and iron ore concentrate. The circular storage will be built to accommodate a pile height of 25 m and will be able to

  • Provincial Environmental Assessment Review of Red Mountain Gold Project Advances to Final Stage

    Provincial Environmental Assessment Review of Red Mountain Gold Project Advances to Final Stage

    IDM Mining Ltd. (TSXV:IDM) (OTCQB:IDMMF) (“IDM” or the “Company”) is pleased to announce that the temporary voluntary suspension of the 180-day time limit for the application review of the Red Mountain Gold Project (“Red Mountain” or the “Project”) has been lifted by the BC Environmental Assessment Office (“EAO”) and the Project is now entering the final stage of the Environmental Assessment (“EA”) review. “We are

  • MICROMINE to showcase new versions of software solutions at Diggers and Dealers 2018

    MICROMINE to showcase new versions of software solutions at Diggers and Dealers 2018

    MICROMINE will be exhibiting at the 2018 Diggers and Dealers Mining Forum in Kalgoorlie, Western Australia from August 6th – 8th. MICROMINE specialists will be showcasing our range of intuitive mining solutions from booth #43 and will be available to discuss how our solutions can benefit your mining operation. Diggers and Dealers is the leading annual conference for the Australian resources industry that combines presentations

  • Lundin Mining Announces Intention to Make All Cash Offer to Acquire Nevsun Resources Ltd.

    Lundin Mining Announces Intention to Make All Cash Offer to Acquire Nevsun Resources Ltd.

    Lundin Mining Corporation (“Lundin Mining” or the “Company”) announced today that it intends to make a formal offer (the “Offer”) to acquire all of the issued and outstanding common shares (“Shares”) of Nevsun Resources Ltd. (“Nevsun”) for cash consideration of C$4.75 per Share (the “Offer Price”). The Offer Price represents a significant premium of 82% to the closing price of C$2.61 on February 6, 2018,

  • Continued mineralisation at Erris Resources’ Irish zinc project includes grades over 10% zinc and lead combined 

    Erris Resources plc, the European focused mineral exploration company with a portfolio of zinc and base metals projects in Ireland and gold projects in Sweden, is pleased to announce additional drill results from the ongoing surface diamond drilling programme at its 100% owned Abbeytown zinc project in County Sligo, Ireland.   Highlights High grade mineralisation intersected in hole ERAB003 of 3m grading 10.22% Zn+Pb combined and

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