Avalanche to impact Pakrut production

An avalanche in the area surrounding China Nonferrous Gold Limited’s (CNG) Pakrut Gold Project in the Republic of Tajikistan is expected to have a significant impact on gold production. CNG said that high levels of snowfall had resulted in an avalanche and landslide.

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Irving extends Hokkaido land position

Irving Resources’ wholly-owned subsidiary Irving Resources Japan GK has expanded its land position on the island of Hokkaido in Japan. All 12 applications for mineral prospecting licences at the Utanobori Gold-Silver Project have received initial acceptance from the Ministry of Economy, Trade and Industry (METI) and a multi-step review now begins for the final approval.

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WA down to third in investment survey

The Canadian provinces of Saskatchewan and Manitoba have replaced Western Australia (WA) as the most attractive jurisdictions in the world for mining investment, according to the annual global survey of mining executives released by the Fraser Institute, an independent, non-partisan Canadian policy think-tank. WA has moved from top spot to third.

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Gobi Coal acquires uranium project

Gobi Coal & Energy is acquiring Zaraiya Holdings, which owns an advanced in-situ leach uranium project in Mongolia. The acquisition is expected to be completed later this month and demonstrates Gobi Coal’s progress towards becoming a diversified multi-national energy resources company focused on high value projects.

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