Randgold Resources: Kibali Delivers Progress Despite Challenges 2016-10-18
JERSEY, CHANNEL ISLANDS--(Marketwired - Oct 18, 2016) - Randgold Resources (
LSE: RRS) ( NASDAQ: GOLD)
AngloGold joins Saracen in Carosue Dam North gold search 2016-10-17Dual-listed gold miner Anglogold Ashanti could spend as much as A$25-million to gain a 70% interest in gold exploration tenements located west of its Sunrise Dam gold mine, in Western Australia. The Butcher Well and Lake Carey tenements form part of smaller rival Saracen Mineral Holdings’ Carosue Dam North project area and cover 339.5 km2.
ASX: Farm-in and Joint Venture Agreement with AngloGold 2016-10-16
Illegal miners in Ghana ignore deadline to quit AngloGold mine 2016-10-14Illegal miners operating at AngloGold Ashanti's Obuasi mine in Ghana have ignored a government deadline to leave, delaying company plans to restart production. Up to 5 000 miners were still working at Obuasi in the Ashanti region on Friday, four days after a deadline for them to leave, said Benjamin Annan, spokesperson for the Association of Small Scale Miners. He said relocation plans that would enable them to move were yet to be finalised.
Cash costs plunge below $700/oz at AngloGoldâs Mponeng mine 2016-09-23Mponeng gold mine, near Carletonville, in the North West, currently the world’s deepest mine, was one of the lowest-cost producers in South Africa during the first half of 2016, states South African gold mining major AngloGold Ashanti in its earnings report for the six months ended June 30, released in mid-August. The gold miner highlights that, for the first half of the year, its South African flagship operation, which is undergoing a six-phase expansion project, achieved a cash cost of $692/oz, which reflected a 25% year-on-year improvement.
General 2015-05-10The mine uses leaching and the Merril Crowe process for Gold processing. The mine was purchased from Anglogold Ashanti in 2005, with an option to retain 60%.
Nearby Location News
Kaizen Discovery Files Updated NI 43-101 Technical Report for the Pinaya Copper-Gold Project in Peru 2016-04-26
VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 26, 2016) - Kaizen Discovery (TSX VENTURE:KZD) today announced that the company has filed an updated National Instrument 43-101 technical report for the Pinaya Copper-Gold Project in Peru.
Franco-Nevada to Acquire a Precious Metals Stream from Glencore for US$500 Million 2016-02-10
TORONTO, ONTARIO--(Marketwired - Feb. 10, 2016) - Franco-Nevada Corporation ("Franco-Nevada" or the "Company") (TSX:FNV)(NYSE:FNV) is pleased to announce that its wholly-owned subsidiary, Franco-Nevada (Barbados) Corporation ("FNB") has agreed to acquire a precious metals stream with reference to production from the Antapaccay mine for US$500 million ("Glencore Stream"). The Antapaccay mine is located in Southern Peru and is wholly-owned and operated by Glencore plc and its subsidiaries ("Glencore").
Kaizen Discovery Enters Into Memorandum of Understanding for Financing of the Pinaya Copper-Gold Project in Peru 2015-12-22
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 22, 2015) - Kaizen Discovery Inc. (TSX VENTURE:KZD) announced today that it has entered into a non-binding Memorandum of Understanding (MOU) with ITOCHU Corporation of Japan. Under the terms of the MOU, ITOCHU would receive a significant minority stake in Kaizen's Pinaya Copper-Gold Project in southeastern Peru, in exchange for sizable exploration financing.
Kaizen Discovery Gains 100% of the Pinaya Copper-Gold Project in Peru With Completion of AM Gold and Rokmaster Transactions 2015-10-27
VANCOUVER, CANADA--(Marketwired - Oct. 26, 2015) - Kaizen Discovery Inc. (TSX VENTURE:KZD) announced today that it has closed its definitive acquisition agreement with AM Gold Inc. (TSX VENTURE:AMG)(FRANKFURT:AMX) that gives Kaizen 100% ownership of the Pinaya Copper-Gold Project (the Pinaya Project) in Peru's provinces of Caylloma and Lampa (see figure 1 below).
Kaizen Discovery Enters Into Definitive Acquisition Agreement With AM Gold to Acquire the Pinaya Copper-Gold Project in Peru 2015-07-06
Pinaya's existing Measured and Indicated Mineral Resources include 293 million pounds of copper and 616,000 ounces of gold
Additional Inferred Mineral Resources include 318 million pounds of copper and 353,000 ounces of gold
The 192-square-kilometre project area also holds significant exploration potential