Geo Drilling International The company, which is focused on advancing its Tuvatu Gold Project in Fiji, has located the new laboratory at its Fijian headquarters, 1km from the Nadi International Airport on the island...
Proactive Investors Lion One Metals Limited (ASX:LLO) (CVE:LIO) is partnering with Swiss company meeco Group to build and install a hybrid-solar-diesel power plant at the Tuvatu Gold Project on the island of Viti Levu in...
August 20, 2017 | South China Morning Post Zijin’s net profit almost tripled to 1.5 billion yuan (US$224.8 million), or 0.069 yuan per share, in the first six months of the year. Zhaojin’s net income rose 56 per cent to...
Mining.com Indonesia has extended a short-term operating permit for Freeport McMoRan’s (NYSE:FCX) vast Grasberg copper-gold mine until the end of July, while discussions over granting the government a majority ownership in the operation are finalized. Coal and Minerals Director General Bambang...
Proactive Investors Thunderstruck Resources Ltd (CVE:AWE, OTCQB:THURF) has arranged a non-brokered private placement as it expands its gold exploration programs in Fiji. The Canadian mineral exploration company recently announced that it would expand its known targets at its Liwa Creek Gold...
Australia Mining St Barbara has resumed full operations at the Simberi gold mine in Papua New Guinea following illegal industrial action at the site. The Australian gold miner halted production at the site last week for safety reasons as management attempted...
RNZ Ok Tedi Mining Ltd is to donate of $US15 million to help restore services and infrastructure to the communities affected by the recent devastating earthquakes in Papua New Guinea. The Post Courier reports the company chairman Sir Moi Avei saying...
Australia Financial Review A $US3 billion to $US4 billion bid for Rio Tinto's stake in the Grasberg copper and gold mine would accelerate the miner's likely capital returns and overall business simplification. That's the view of Macquarie analysts on Tuesday morning, following comments...
Reuters Newcrest Mining Ltd said on Monday it had invested $250 million to buy a 27.1 percent stake Canadian miner Lundin Gold Inc. Newcrest said the total $400 million to be raised by Lundin Gold would be used to develop Lundin’s...
Recent Goldman Sachs report reveals that some of the world’s rarest commodities are expected to become seriously scarce, with only two decades left of mineable gold and diamond reserves. The report was researched and written by Eugene King, Goldman Sachs’ European...