Centamin PLC, Polymetal International PLC, Eurasia Mining PLC …
(LON: CEY,) said it would begin a pre-feasibility study on its Doropo project and undertake an additional exploration program on its ABC project, both in Côte d’Ivoire, after the completion of a review of its exploration portfolio in West Africa.
However, the Batie West project in Burkina Faso did not meet the investment criteria of the gold miner and Centamin will therefore conduct a third party review of development options.
(), a precious metals miner based in Russia and Kazakhstan, said it accepted new sustainability funding of US $ 400 million with interest rates tied to emission intensity reduction targets for greenhouse gases (GHG). The financing consists of two loans obtained from AO Raiffeisenbank and UniCredit.
(), a producer of gold and platinum group metals, said it completed a private placement yesterday, raising around US $ 20 million to fund the joint venture with Rosgeo.
() said its growth strategy remains on track after a first half that saw steady improvements in tonnes mined and processed. Revenue in the six months to the end of March increased 61.2 percent to US $ 313.6 million, from US $ 194.6 million the previous year
() said initial results of leaching tests at the Elizabeth Hills silver tailings project in Western Australia showed high levels of silver recovery.
Caledonia Mining Corp PLC (LON: CMCL, NYSE: CMCL) has announced an increase in reserves and resources at its 64% owned Blanket gold mine in Zimbabwe. Proven and probable reserves increased 1% to 528,000 ounces
Shanta Gold Ltd () said visible gold was identified at seven different intersections as part of an 11-hole drilling program on the Western Kenya project. The AIM-listed company said 2,489 meters of drilling was completed in March and April 2021 on the project’s Isulu field.
() provided an updated JORC compliant bank feasibility study for its Tulkubash Oxidized Gold Project in the Kyrgyz Republic and stated that it is in the process of starting exploration work for the 2021 season
() said an agreement has been reached to acquire a strategic 75% stake in a UK special acquisition vehicle to acquire First Development Resources, a private Australian company. FDR Australia has a portfolio of copper and gold focused exploration interests in Paterson Province, in the eastern Pilbara region of Western Australia.
() hit other intersections of high-grade and high-grade lithium pegmatite drilling on new targets adjacent to the Ewoyaa lithium project in Ghana.
AEX Gold Inc () () said critical contracts to advance the 2021 exploration program and limited infrastructure preliminary work at its Nalunaq gold mine in South Greenland have been signed and work is expected to start in early June.
() said it had raised £ 600,000 through a placement and subscription and debt-to-equity conversion to fund drilling at its Lahtojoki diamond deposit in Finland.
() launched aerodynamic drilling and added a second, reverse circulation (RC) drilling platform to the Nielle project in Côte d’Ivoire.
() applied for three new licenses in North Queensland, Australia.
() said it plans to issue convertible loan notes worth up to US $ 2 million to fund possible future investment opportunities.
() said a new target has been set for its majority-owned Merolia gold project in Western Australia. “We are very pleased with the results of this first auger drilling program on the Merolia Gold Project,” said Managing Director Darren Hazelwood.
(), a natural resources exploration and investment company, said it has entered into an option agreement with BritEnergy Holdings LLP to buy additional shares of BritNRG Ltd for £ 545,000.