Gold

  • CAMBODIA - 1.2 million ounce gold resource at Okvau

    A new independent JORC-compliant indicated and inferred resource has been announced at Renaissance Minerals’ flagship Okvau gold deposit in eastern Cambodia. The company says the site hosts 15.6 million tonnes @ 2.4 grams/tonne gold for 1.2 million ounces of gold, of which 15.2 million tonnes @ 2.3 grams/tonne gold for 1.11 million ounces is in the indicated category.  1

  • CENTRAL ASIA - Polyus Gold sells assets

    Russian gold miner Polyus Gold has netted $10 million for its Kazakhaltyn MMC project in a strategic move to fund development of its domestic assets.

  • CHINA - China Gold helps with Tibet landslide

    China Gold International Resources and its controlling shareholder China National Gold Group Corporation have deployed machinery and team members to help free the bodies of mine workers buried at Ze Ri Mountain in the Tibet Autonomous Region after a major landslide which is believed to have cost 83 lives. The landslide occurred on March 29, dumping about 2 million cubic metres of rock and debris over an area 3km in length near Si Bu village.  1

  • CHINA - China Gold International growth strategy

    China Gold International Resources (CGI) is continuing to use the technical and operating experience of its controlling shareholder China National Gold Group Corporation (CNG) to improve operations at its mines and increase production while minimizing costs.

  • COPPER-GOLD - Cadia East mine officially opened

    Newcrest Mining’s Cadia East Copper-Gold Mine at Newcrest’s Cadia Valley Operations, 25km from Orange in Central Western New South Wales (NSW), was officially opened last week by NSW Premier Mike Baird.

  • COPPER-SILVER-GOLD - Massive sulphide hits at Jervois

    KGL Resources has discovered more massive sulphides at the Jervois Copper-Silver-Gold Project in Australia’s Northern Territory. The company is completing a surface and downhole electromagnetic survey this month to assist in defining the limits of the high grade zone for targeting further drilling.

  • COPPER/GOLD - Alford West results go to top of the class

    Adelaide Resources has announced some of the highest grade copper-gold results in South Australian history at its Alford West prospect within the Moonta Project.

  • CORRECTION - Indochine drilling in bonanza gold zone

    An article in the news service two weeks ago about Indochine Mining drilling at the Mt Kare project in Papua New Guinea should have stated that the drilling was taking place in bonanza gold zones where previous exploration has returned bonanza grades. It should not have stated that the latest drilling had returned bonanza gold grades or revealed bonanza gold zones. The ASIA Miner apologises for the error.

  • GOLD - Crocodile Gold says Big Hill PEA is positive

    Promising results have been released in a preliminary economic assessment (PEA) of the Big Hill project at Crocodile Gold’s Stawell property in the central west of the Australian state of Victoria. The company has taken its first steps in the permitting process by submitting an environmental effect statement to the state government.

  • GOLD - Drill results enhance Mt Ida potential

    Results from an infill and extension Aircore (AC) drilling program at Crest Minerals’ Mt Ida Project in Western Australia’s Eastern Goldfields have enhanced the project’s potential.

  • GOLD - Evolution Achieves Record Production

    Evolution Mining has achieved another year of record gold production and successfully met production guidance for the 2014 financial year. The company produced 427,703 gold equivalent ounces in the 12 months to June 30, a 9% increase on 2013 financial year group production of 392,920 gold equivalent ounces.

  • GOLD - Monument starts Murchison exploration

    Monument Mining has commenced initial exploration at the recently acquired Murchison Gold Project in Western Australia through its wholly-owned Australia subsidiary Monument Murchison Pty Ltd.

  • GOLD - Norton begins Enterprise development

    An 18% increase to indicated and inferred resources for the Enterprise Gold Project has prompted Norton Gold Fields to commit Aus$40 million to commence development of an open pit. This will make the Enterprise open pit the next base load operation for Norton’s Paddington operations, supplying the bulk of ore to the Paddington Mill 38km to the southeast.

  • GOLD - RC drilling under way at Aruma projects

    West Australian gold explorer Aruma Resources has scheduled 2500 metres of reverse circulation (RC) drilling at its Jundee South project following promising initial exploration efforts. The aim of the program is to define a JORC-compliant resource.

  • GOLD - Resource for Alliance/New Alliance

    Monument Mining has announced an NI 43-101 compliant mineral resource estimate for the Alliance/New Alliance areas of the Murchison Gold Project in Western Australia. An indicated resource has been reported of 1.13 million tonnes @ 2.2 grams/tonne gold for 80,400 ounces and an inferred resource of 5000 tonnes @ 2.2 grams/tonne for 3200 ounces.

  • GOLD - Transol to re-start Johnnies Reward drilling

    Transol Corporation has acquired the Southern Cross Bore Project in Northern Territory, including the emerging Johnnies Reward gold prospect, from Davenport Resources, and will recommence drilling at the site in coming weeks.

  • GOLD - Updated resource for Murchison deposits

    A drill campaign at the Alliance and New Alliance deposits of Kentor Gold’s Murchison Gold Project in Western Australia has resulted in an updated JORC-compliant resource estimate.

  • GOLD-SILVER-COPPER - Evolution opens new mine

    Queensland Premier Campbell Newman has officially opened Evolution Mining’s Mt Carlton Gold-Silver-Copper Project which signifies the company’s $200 million investment in the region.

  • INDONESIA - 64 metres of gold intersected at Purple Heart

    Assay results from a third diamond drill hole at Robust Resources’ Purple Heart prospect on Romang Island have confirmed a significant intersection of gold and silver mineralization. The intersection measures 64 metres from surface and defines a continuous zone of mineralization between two previous holes.  1

  • INDONESIA - High grade gold intersected at Tanoyan

    High grade gold mineralization has been intersected in the central Sondana vein at Reliance Resources’ 75%-owned Tanoyan Gold Project on Sulawesi Island. A recent hole intersected 6.2 metres @ 8.1 grams/tonne gold within a broad zone of 42.95 metres @ 1.6 grams/tonne.

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