Greater mining and METS cohesion needed

Australia’s minerals industry and its mining equipment, technology and services (METS) sector need to collaborate better for the sake of the nation’s future prosperity, according to Minerals Council of Australia chair Dr Vanessa Guthrie.

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GobiMin extends loan repayment term

GobiMin Inc has agreed to extend the repayment term from April 6, 2017 to October 6, 2017 with respect to a US$4 million revolving, term loan facility bearing an interest rate of 3.5% per annum in favour of China Precision Material Limited (CPML), a non-arm’s length party.

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West Wits optimistic about Derewo River

The Board of West Wits Mining remains optimistic of a successful outcome in its bid to obtain all clear and clean certificates for the IUP and forestry permits pertaining to the Derewo River Alluvial Gold Project in Papua Province, Indonesia.

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Okvau DFS close to finalisation

Emerald Resources expects to release the results of a definitive feasibility study (DFS) for the Okvau Gold Project in Cambodia by the end of April. The company believes the DFS will demonstrate enhanced project economics when compared to a pre-feasibility study (PFS) completed in 2015.

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