Friday, July 3rd 03:35 PM

Initial mill startup has been at approximately 8,400 tonnes per day (tpd) which will be increased to approximately 13,000 tpd for a period in July to work through…..Continue

McEwen Mining addresses NYSE listing requirements

  • The company was advised by the NYSE on July 1, 2015 that the average price of our common stock for the previous 30 trading days was below US$1.00 per share.

Vast Resources on track for first Pickstone-Peerless Gold in August

  • The company is targeting production of 10,000 oz from processing 10,000 tonnes a month at an initial grade of 3 g/t tonne.

Kimberley Diamonds secures debt finance for Botswana mine

  • The funds will be applied to recommissioning Lerala, which Kimberley Diamonds expects to be a key source of revenue.

Jubilee Platinum increases interest in DCM project

  • Pollux holds the exclusive rights to beneficiate the platinum group metals from the platinum containing chrome tailings at ASA Metals Pty Ltd (DCM platinum project).

Blackham Resources re-enters Golden Age in key step towards production

  • Golden Age is a high grade free milling reef that produced 160,000oz @ 9g/t Au and has a remaining resource of 0.6Mt @ 6.7g/t for 125,000oz Au which is a priority source of high grade free milling ore for recommissioning the Wiluna Gold Plant.

Iamgold lowers 2015 Gold output forecast after quake at Quebec mine

  • On May 26, the company halted production at its Westwood mine, one of its newest mines, after a rockfall that trapped nine miners for about 18 hours.

Trans-Siberian Gold, Silver output rises as grades, recovery rates improve

  • Refined gold production in the five months ended May 31 totalled 15,600 ounces, up from 11,980 ounces a year earlier, whilst refined silver production rose to 21,115 ounces from 17,009 ounces.

Lake Shore Gold announces second Gold discovery at 144

  • The new mineralization is located 200 metre to the southwest of the 144 Gap Zone and is defined by five holes covering 125 metre of strike length approximately 800 metre below surface and close to the elevation of the new exploration drift being developed from Thunder Creek.

Iamgold intersects high-grade Gold at Monster Lake

  • The target areas evaluated included the west limb of the prominent folded unit, close to where new gold showings were identified in 2014 - the south-west and north-east strike extensions of the 325-Megane zone and the MLSZ, and the Zone 52 and Eratix prospect areas.
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