Lucapa Diamond cuts debt related to building Mothae mine
The diamond producer has inked deals with New Azilian and Equigold, following the delivery and de-risking of the Lesotho-based mine, which began commercial production in December.
Aquarius Platinum said its Mimosa mine has not been affected by the recent directive from the Reserve Bank of Zimbabwe regarding the suspension of banking services for certain mining companies.
Canadian miner Selwyn Resources (CVE:SWN) stocks were falling almost 17% this morning as the company said it was evaluating a smaller tonnage mine plan for its flagship zinc and lead project in Yukon, northern Canada.
Lake Shore Gold Corp.(TSX:LSG)(NYSE MKT:LSG) ("Lake Shore Gold" or the "Company") today announced that the Company has commenced safety, ventilation and maintenance checks at its Timmins West Mineas of 7:00 pm on Sunday, May 27, 2012, with full production at the mine to resume tomorrow morning (Monday, May 28, 2012) at 7:00 am.
Lake Shore Gold Corp. (TSX:LSG)(NYSE MKT:LSG)(NYSE Amex:LSG) ("Lake Shore Gold" or the "Company") today announced that as a result of high winds and smoke from a forest fire approximately 15 kilometres southwest of the Timmins West Mine, operations at the mine have been temporarily suspended.
White Tiger Gold Ltd. ("White Tiger") (TSX:WTG) announces that its wholly-owned subsidiary, Century Mining Corporation ("Century"), has received a notice from Deutsche Bank AG, London Branch ("Deutsche Bank"), advising that Deutsche Bank has elected to terminate its Forward Gold Purchase Agreement (the "Forward Agreement") with Century as a result of the occurrence and continuation of an event of default (the "Default").