NEW CALEDONIA - Plan to convert historic chromite resources

Geovic Mining Corp intends to convert historical resources at the Nautilus Mineral Sands Project in New Caledonia into NI 43-101 compliant resources and reserves through a geo-statistically approved program independently confirmed by a qualified person at such time that permits are obtained to drill to the desired depth within the historic exploration area.

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PAPUA NEW GUINEA - New MD for Mayur Resources

Former group managing director of Hancock Prospecting Company, Paul Mulder, has joined Mayur Resources as managing director. Mayur is a pioneering diversified mineral exploration and development company operating in Papua New Guinea and has established one of the largest tenement holdings in the country.

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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.

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