by Gordon Barratt | Jun 4, 2020 | News
The Cracow gold mine. Image: Evolution Mining.Evolution Mining has agreed to sell the Cracow gold mine in Queensland to junior producer Aeris Resources in a deal worth up to $125 million. This is part of Evolution’s portfolio assessment and goal to hold six to eight...
by Gordon Barratt | Jun 4, 2020 | News
Musgrave Minerals has noted impressive results for its drilling campaign at the Cue project in the Murchison district of Western Australia. Assays for first holes from Musgrave’s reverse circulation (RC) drilling at the Starlight discovery returned intercepts...
by Gordon Barratt | Jun 4, 2020 | News
Anglo American owns both Moranbah North and Grosvenor mine (pictured).(Supplied) The mining union says there has been a gas-related safety incident at the Moranbah North coal mine in Central Queensland after ventilation fans failed. Key points: Gas ventilation fans...
by Gordon Barratt | Jun 4, 2020 | News
The company has maintained its guidance for 2020 which is around 430,000 ounces of gold at an all-In sustaining cost of US$980 per ounce. Resolute has increased gold poured during the March 2020 quarter relative to the previous quarter Resolute Mining Ltd managing...
by Gordon Barratt | Jun 4, 2020 | News
Coal IndiaNSE -1.59 %’s (CILNSE 0.00 %) production and sales showed signs of improvement by registering 2.6% and 2.3% growth respectively in May against April. Growth in top soil removal during the period rose 10.4%. CIL produced 41.43 million tonnes (MT) of coal in...
by Gordon Barratt | Jun 3, 2020 | News
Thor Mining has acquired 100% of the shares in American Vanadium, an Australian company which has interests in uranium and vanadium projects in the US. The consideration for the acquisition comprises an AUD100,100 ($67,463) exclusivity fee, which will be satisfied...
