Trans-Siberian Gold plc (TSG.LN), a low cost, high grade gold producer in Russia, is pleased to announce that the Federal Agency for Subsoil Use (Rosnedra) has issued a licence to ZAO Trevozhnoye Zarevo (TZ), TSG’s wholly owned subsidiary, for the development and exploration of the Rodnikova deposit, one of the largest gold fields in South ... Trans-Siberian Gold awarded licence for Rodnikova deposit
MINEX Forum | April 24, 2019 Trans-Siberian Gold plc (TSG.LN), a low cost, high grade gold producer in Russia, is pleased to announce that the Federal Agency for Subsoil Use (Rosnedra) has issued a licence to ZAO Trevozhnoye Zarevo (TZ), TSG’s wholly owned subsidiary, for the development and exploration of the Rodnikova deposit, one of the largest gold fields in South ... 
Russia’s Alrosa, the world’s top diamond producer by output, is extending the life of its Aikhal mine to 2044 by digging deeper into the ground, in a project estimated to cost about RUB 10 billion ($16m). The 300 metres underground extension, the company said, will add almost 20 million carats to the raw material base of the Aikhal ... 
VIENNA – Back in the 1970s and 1980s when he was keeping America’s nuclear weapons up to date, Robert Kelley didn’t pay much attention to their source of uranium. But then he was reassigned to lead the international team that accounted for the hundreds of tons of the heavy metal Iraq secretly extracted at a ... 
Multi-commodity developer Savannah Resources (AIM:SAV) will become the sole owner of Mina do Barroso lithium project in Portugal through an all-share offer worth $11.9 million. The London, England-based company, which already owns 75% of the asset, said full ownership would “provide greater exposure” for its shareholders to the project as it’s developed and commercialized. Mina ... 
Australian mining group Raiden Resources said it plans to launch a diamond drilling programme at its Donje Nevlje copper-gold project in southern Serbia in the second quarter of 2019. The 1,500-metre diamond drilling programme aims to evaluate porphyry and epithermal mineralisation prospects and will be based on the modelling of the induced polarization (IP) data ... 
Russian gold miner Highland Gold on Friday posted profit of $56.08-million for 2018, compared with $65.86-million in 2017, as its revenue declined on a slight dip in production. The mining company generated $311.15-million in revenue, compared with $316.68-million, while earnings before interest, taxes, depreciation and amortisation came to $153.06-million, from $155.28-million in 2017. Total production ... 
Mundoro Capital Inc. (TSXV: MUN) (www.mundoro.com)(“Mundoro” or the “Company“) is pleased to announce the completion of the initial target testing drill program at the Savinac and Bacevica exploration licenses (the “Freeport-Mundoro Projects“) in the Timok Magmatic Complex (“Timok“) in eastern Serbia. The exploration programs on the Freeport-Mundoro Projects are sole funded by Freeport-McMoRan Exploration Corporation (“Freeport“) as ... 
The controlling shareholder of Polyus, Russia’s largest gold producer, said on Wednesday it would sell a 3.5 percent stake in the company via an accelerated bookbuilding (ABB). The controlling shareholder is Polyus Gold International Ltd (PGIL), owned by Said Kerimov, son of Russian tycoon Suleiman Kerimov. PGIL, which currently owns 82.4 percent of Polyus, plans ... 
A Kazakh mining company sued the U.K.’s anti-fraud authority for $93 million — the amount it has racked up in legal costs — as the agency moves closer to a decision on whether to charge one of its billionaire owners. Eurasian Natural Resources Corp. claims the SFO colluded with the company’s own lawyer to manufacture ... 
Mundoro Capital Inc. (TSXV: MUN, www.mundoro.com) (“Mundoro” or the “Company”) is pleased to announce completion of the third year exploration program with Japan Oil, Gas and Metals National Corporation (“JOGMEC”), on the Borsko Jezero license (“Borsko”) located within the Timok Magmatic Complex (“Timok”) in eastern Serbia. This exploration program is the third year of the ... 
Russia’s RDIF sovereign wealth fund said on Thursday it had completed a joint deal with the Russia-China Investment fund and a Middle Eastern sovereign wealth fund to acquire a 9.53 stake in Russian mining company Intergeo. Intergeo, a part of Onexim Group, which manages the assets of Russian billionaire Mikhail Prokhorov, is developing its Kingash ... 
Russian billionaire Roman Abramovich sold $551 million worth of shares in mining giant Norilsk Nickel on Tuesday during an accelerated bookbuilding deal (ABB), the deal’s arranger VTB Capital said. The shares, accounting for a 1.7 percent stake in the world’s largest palladium producer, were bought predominantly by British-based investors, with Russian investors also buying a ...