Equinox’s gold mine in Brazil days away from commercial production
The Canadian junior expects to mine 230,000 to 265,000 gold ounces this year from both Aurizona mine in Brazil and its recently acquired Mesquite gold operation in California.
Powerscreen recently hosted a World Dealer Conference in Cape Town, South Africa. More than 300 dealers and customers travelled from across the world to attend the conference.
"Shenhua is the most competitive bidder for the project given its technology, transport infrastructure, access to the Chinese market and the backing of the Chinese government," Shenhua CEO Ling Wen told reporters.
Dominique Delorme, President and CEO of La Mancha, noted: "Having quadrupled our resource base to nearly 5 million ounces of gold equivalent since 2007, it is exciting to see that this appears to only be the beginning, as we are just starting to scratch the potential at our Hassaï property, where nine more VMS targets remain to be explored."
"This acquisition positions Forsys to be better able to realize the full potential of consolidating Namibplaas with its wholly-owned Valencia Uranium Project," said Marcel Hilmer, CEO and Director of Forsys.
Nick Holland of CEO Gold Fields said on Monday the company has plonked $63 million on a second gold-copper project in the Philippines. The globe's fourth-largest gold miner also announced it is suspending drilling in Mali, Africa's third largest gold producer following a military coup.
The Canadian Association Against Impunity (CAAI), which represents several human rights groups and non-governmental organizations, filed today a last-minute plea at the Supreme Court against Canadian miner Anvil Mining Limited (TSX:AVM), on behalf of the victims of a 2004 massacre in Congo.
London-listed diamond junior Botswana Diamonds (LON:BOD) forecasts a cheerful future for the diamond market, despite it sliding into the red in the six months to the end of December with a pre-tax loss of over US$327,000.