PAPUA NEW GUINEA - Coppermoly drilling plans

Mineral explorer Coppermoly Limited has announced drilling plans at its Nakru-02 prospect on New Britain Island. Exceptionally high-grade copper assays received from a surface sampling program in late 2013 have identified the area as the company’s priority exploration target.

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MONGOLIA - Kincora sees the tide turning

Kincora Copper’s rising share price suggests the market may be latching on to a potential shift in sentiment towards Mongolia, according to Proactive Investors. The company behind Bronze Fox, a copper project not far from Rio Tinto’s Oyu Tolgoi project, looks to have come a long way in just two months.

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CHINA - Majestic reviews Songjiagou operations

Majestic Gold Corp is reviewing operations at its Songjiagou Gold Project in Shandong province in an effort to more fully realize the potential of the mine. The company expects the review process will be completed during the third quarter of 2014, with the implementation of any necessary changes to begin during the fourth quarter.

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KYRGYZ REPUBLIC - Centerra expects up to 600,000 ounces

Centerra estimates that the Kumtor Gold Project will produce between 550,000 and 600,000 ounces in 2014 and, similar to 2013, more than 50% of this production is expected during the fourth quarter when mining will reach the high-grade section of the SB Zone.

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