Wednesday, August 27th 02:35 PM

Silver Lake Resources (ASX:SLR),has a good little deposit less than 20 km from its mill, with 100 Koz gold in reserve, part open-pit, part underground.Luke has…..Continue

Norton Gold Fields announces secures $40M facility from ICBC

  • The facility has a term of 3 years from the date of the first drawdown, is secured by a letter of guarantee issued by Zijin and is otherwise on ordinary commercial terms.

Abcourt Mines extracts 6,618 ounces of gold from Elder Mine

  • At the mill, 6,618.8 ounces of gold and 2,768.3 ounces of silver were recovered. Gold was sold at an average price of CAN$1,380 per ounce and silver was sold at an average price of CAN$ 21.72 per ounce. The proceeds from the sales totaled CAN$ 9,192,191, for an average of $ 212.06 per tonne of mineralization.

Sheffield Resources commences drilling at Red Bull Nickel-Copper project

  • The RBD1 conductor was identified from Moving and Fixed Loop Transient Electromagnetic ground geophysical surveys. RBD1 is a broad, deep conductive anomaly located at the junction of three interpreted faults and a mafic/ultramafic rock sequence.

Midas Gold reports progress in metallurgical test program at Golden Meadows

  • Midas Gold and its independent metallurgical consultants have completed an extensive and rigorous metallurgical program designed to support completion of a Preliminary Feasibility Study, said Stephen Quin, President & CEO of Midas Gold Corp.

Mining activity, M&As rise in H1 2014 Y-o-Y, realised values lower: SNL Metals & Mining

  • The upswing in M&A activity compared with a year ago suggests that a long period of low project valuations combined with strategic (or forced) portfolio divestitures is tempting buyers back into the market.

More Mining M&A's expected in H2 2014, early 2015: SNL Metals and Mining

  • Ernst & Young estimates that mining-focused private capital funds have amassed at least US$10 billion, and possibly as high as US$20 billion, to invest in the global metals and mining sector.

Midtiers, one-mine producers may hunt for more assets:Florian Siegfried

  • Florian Siegfried said that among large cpas, Goldcorp Inc. (TSX: G, NYSE:GG) may look at aquisitions because of its good balance sheet. Agnico-Agnico-Eagle Mines Ltd. (AEM:TSX; AEM:NYSE) and Yamana Gold Inc. (YRI:TSX; AUY:NYSE; YAU:LSE) just completed the Osisko deal

Large Gold foot print identified at Candor Gold Trench at La Cruz prospect

  • These trench results endorse Condor's strategy of continuing to explore the considerable upside potential of La India Gold District while fast tracking the main La India Open Pit Resource of 921,000 oz at 3.0g/t gold to production.

Sirius Resources obtains mining lease for Nova Nickel project

  • This now enables the Company to start the process of obtaining those approvals and permits which were contingent on having a granted Mining Lease.
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