Friday, October 9th 01:01 PM

A statement from the miner reported an increase in total gold production of 8-10 percent, noting that production at Hidden Valley in Papua New Guinea had been negatively…..Continue

White Cliff Minerals gears up for drilling at Aucu Gold deposit

  • Recent surface exploration uncovered the gold in the Upper Gold Zone, Lower Gold Zone and Southern Gold Zone and each extend over 3,000 metres in length and contain visible gold at surface.

Gruyere Gold mineralisation confirmed to more than 1km depth: GOR

  • Drill hole 15EIS001 successfully intersected the Gruyere Porphyry with an intersection of 92.5 metres at 0.62 g/t Au from 1,390 metres (57 gram.metres), which is generally consistent with the resource and drill intercepts almost 700 metres up-dip.

South Africa mining production rises 4% Y/Y in June

White Cliff Minerals finds Gold zones at Red Flag prospect

  • Gold mineralisation occurs over 200 metres and is open along strike and at depth. Results include a peak of 4 metres at 1.33 grams per tonne gold and warrant follow-up drilling.

Stellar Resources' Gold Mines of Wales bags six year exploration extension

  • Under its renewed Option, GMOW retains 107 km squared of exploration area, which includes the Clogau St Davids mine, the most significant historical producer within the area covered by the option, as well as the prospective southern area of the gold-belt.

Lucara cuts output guidance as Q2 revenue, profit fall

  • The average price for rough diamonds sold during the period plummeted 51% to $412 per carat. As a result, Lucara's profit dropped 45% to $8.6 million.

Xtract Resources discovers another high grade Gold reef system at Chepica Mine

  • This new find, Reef System B, follows the earlier discovery of a system that graded at 4.2g/t over a 3.5m width and may significantly extend the area’s mine life.

Adelaide Resources intersects Gold mineralisation at Eyre Peninsula project

  • Individual assay samples returned results of 16.7g/t gold and 13.2g/t gold indicating the presence of a high grade component in the mineralised zones.

South Africa's mining output growth slows in May

  • The highest positive production growth rate was recorded for platinum-group metals (PGM), which grew by 99.6%, partly as a result of the low base in May 2014, when the PGM sector was adversely affected by industrial action.
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