Gold Ridge mining lease restored

The Solomon Islands government has signed an agreement to restore the mining lease for the Gold Ridge project of Gold Ridge Mining Ltd on Guadalcanal. The government cancelled the licence in 2016 because it believed the previous owner St Barbara Ltd had breached the Mines and Minerals Act, and the Mining Agreement.

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Sepon copper production higher in Q4

Copper cathode production during the December quarter at MMG Limited’s Sepon project in Laos was 10% higher than the corresponding period of 2016 and 12% higher than the previous quarter. The company produced 22,527 tonnes of copper cathode during the three months, which was the strongest 2017 quarter from the mine.

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Drilling program at GPK Coal Project

Kangaroo Resources is undertaking a drilling program at the Graha Panca Karsa (GPK) Coal Project in East Kalimantan, Indonesia. The aim of the program is to confirm previous drilling works performed on the site and gain a better understanding of the coal seam geology.

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K92 begins incline towards Kora

K92 Mining has commenced the underground incline drive from the Irumafimpa mine towards the Kora deposit at the Kainantu Gold Project in Papua New Guinea. The drive is designed to provide access to the Kora deposit, where K92 is targeting commencement of production in the first half of 2018.

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