GOLD – Ballarat mine delivers 55% resource increase

LionGold Corp’s subsidiary Castlemaine Goldfields has announced an updated JORC-compliant mineral resource estimate at its Ballarat Gold Mine in the Australian state of Victoria based on ongoing diamond drilling and a review of the geological controls to gold mineralization. The updated inferred resource totals 411,000 tonnes at a grade of 8.5 grams/tonne for 112,200 ounces of contained gold when reported at a zero cut-off grade.

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INVESTMENT - China Gold subscribes in Asia Now

China Gold Pte Ltd has subscribed for Can$1.248 million in aggregate principal amount of unsecured convertible debentures of Asia Now Resources Corp by way of a private placement.

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AUCTIONS - Record quarter for Ritchie Bros

During the final quarter of 2013 Ritchie Bros Auctioneers achieved gross auction proceeds of $1.1 billion, a record for the fourth quarter and an increase of 10% compared to the same quarter of 2012.

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SUPPLIERS - Midas Environmental joins METS

Mineral Engineering Technical Services (METS) announces the addition of Midas Environmental, a leading provider of environmental management services to the resources, agricultural and urban sectors.

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