Dynacor gets permit for Chala Gold Ore plant
The new plant will have an initial ore processing capacity of 300-tpd (102,000 t/y). The Chala plant has been designed to be readily expanded to 450-tpd (153,000 t/y) and then to 600-tpd (204,000 t/y) by adding additional processing lines and ball mills.
Big Bets on leveraged gold miners ETFs go awry
The SPDR Gold Shares (NYSEArca: GLD), the world's largest ETF backed by physical holdings of gold, fell 3.3% and is now off nearly 10% from its January highs. Even with Monday's modest upside, gold futures have traded lower in seven of the past 11 session.
Aruma Resources Copper assays confirm scale at Bulloo Downs
copper mines in the Proterozoic belt of the Gascoyne-Pilbara. This area not only hosts world class copper mines and prospects with some 5Mt of contained copper in published resources, but also world class iron, manganese, gold and uranium deposits.