ASX, Perth Mint to develop Precious Metals derivatives
ASX proposes to distribute the new derivatives products to customers around the world using its 24-hour, globally connected network. The Perth Mint will provide physical precious metals and its world-class secure storage facilities in support of this. The first product is expected to be launched in the second half of 2016.
Oro Verde identifies new high-grade Gold targets at Topacio project
The Mauricio vein strikes roughly east-west and is located outside the existing resource area, near the Isabella and Su Majestad veins. The Companyâ€™s first pass surface mapping of the 600m long vein identified highly encouraging vuggy and drusy quartz veins, typical of low sulfidation epithermal vein systems. Sampling on the vein returned gold (Au) grades up to 7.5 g/t Au.
Troy Resources pours first Gold at Karouni
Since completing commissioning of the Karouni plant in late October, the plant had been running in a stop-start mode, while Troy had been modifying operational aspects and synchronising mechanical and electrical components.
Dominion Diamond Q3 revenue slumps 53% to $145 mn
While rough sales from the Ekati Diamond Mine in Canada increased 5% to 480,000 carats, a 41% drop in the average price to $184 per carat resulted in sales dropping 38% to $88.2 million in value terms.
Goldplat commissions 4 ton elution column
The new columns will allow the company to clear its gold inventory backlog, improve its cash position and provide capacity for increased future production at its project in Ghana.