Erdene Resource Development announces PEA results for Khundii Gold Project in Mongolia

MINEX Forum | January 11, 2019
img0 Erdene Resource Development Corp announce the results of an independent Preliminary Economic Assessment study for its 100%-owned Khundii Gold Project in southwest Mongolia. The PEA was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects by RPMGlobal Asia Ltd. The PEA envisions a high-grade, open-pit mine beginning at the Bayan Khundii ...

Gold mining project in Russia praised at BRICS Summit

MINEX Forum | July 27, 2018
img0 An Indian-driven gold mining project in Siberia has been hailed at the BRICS Summit here as the first practical implementation of the objectives of the grouping comprising Brazil, Russia, India, China and South Africa. The Kluchevskoye Gold Mining Project, initiated by India’s SUN Gold Ltd, is being seen as the first-ever industrial public-private partnership investment ...

Mongolia, Kazakhstan to set up gold refining plant

MINEX Forum | April 3, 2018
img0 Mongolia and Kazakhstan agreed on setting up a gold refinery plant during the 7th Mongolia-Kazakhstan Intergovernmental Commission’s meeting, Mongolian Minister of Mining and Heavy Industry D.Sumiyabazar said. Minister Sumiyabazar met Deputy Minister for Investments and Development of Kazakhstan Arystan Kabikenov on March 30. At the meeting they established a memorandum of cooperation in fields of ...

Kazakhstan Potash expands portfolio to include lithium-tantalum-tin in DRC

MINEX Forum | March 28, 2018
img0 Kazakhstan Potash Corp Ltd (ASX:KPC) is expanding its portfolio beyond potash in Kazakhstan to include a lithium-tantalum-tin project in the Democratic Republic of Congo. KPC has entered into an agreement to acquire 60% of Société MCC Resource SARL (MCC), which holds the prospecting licence. The 88 square kilometre prospect is in the world-class lithium-tantalum-tin pegmatite ...

Russia brings Chinese funding into uranium mining

MINEX Forum | March 26, 2018
img0 Russia has opened its uranium mining industry to foreign investment with an agreement signed yesterday between the Russia-China Investment Fund for Regional Development (RCIF), ARMZ Uranium Holding, and Priargunsky Industrial Mining and Chemical Union (PIMCU). ARMZ and PIMCU are subsidiaries of Russian state nuclear corporation Rosatom. The three parties to the agreement will work on ...

Georgian agrees terms for Kvemo Bolnisi development

David McHutchon | March 15, 2018
img0 London-listed Georgian Mining and its joint venture (JV) partner Caucasian Mining have agreed on terms for the development of the Kvemo Bolnisi (KB) copper/gold project, in the Tehtyan Belt in Georgia. The parties have settled on funding the JV company, Georgian Copper and Gold (GCG), on a 50:50 basis, Georgian said in a statement on Thursday. In terms of a 2015 agreement, Georgian had to contribute $6-million towards ...