Africa & Middle East

Lonmin’s Marikana mine concentrator plant. Lonmin (LON:LMI) shareholders decided Thursday to approve a deeply-discounted $407 million share issue, as the struggling platinum miner seeks cash to stay afloat. Hurting from strikes, rising costs and weak platinum prices, the South African company said last month it also planned to raise another…
Education is a clear priority for Angkor Gold. Each academic semester 240 students are involved in programs assisted by the company. BANTEAY, Cambodia: Accessing this village eight hours north of Phnom Penh is daunting on the best of days, not least during the rainy season. On the main artery from…
The mineral exploration and mining sector is pleased that common sense has prevailed in seeing the passage of the China Australia Free Trade Agreement (ChAFTA) through Australia's parliament, according to Association of Mining and Exploration Companies (AMEC) chief executive officer Simon Bennison. “The Federal Labor Party’s support announced last Wednesday…
Kincora Copper Limited has reached an agreement with Origo Partners Plc to renegotiate its obligations with respect to the Can$2.5 million convertible note held by Origo, which became due as of July 19, 2015. Kincora has a number of exploration projects in Mongolia. Under the terms of the agreement Kincora…
Step-out trenching being carried out at the Tsagaan Sudal deposits of Xanadu Mines’ Kharmagtai Copper-Gold Project in southern Mongolia continues to extend the strike of higher grade surface mineralization. Two new trenches 50 metres apart within the margins of the current resource pit shell have intersected significant surface mineralization consistent…
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