Agincourt continues Martabe exploration

PT AGINCOURT Resources has set aside US$12 million for exploration activities around the operating Martabe Gold-Silver Project in North Sumatra. The exploration is being carried out in a bid to maintain long-term production.

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WGE acquires another gold property

WGE Holdings Corp, which is to be renamed Consolidated Gold Holdings, has acquired an additional site to be operated in conjunction with its existing gold mining properties in Sulawesi. Monthly production of up to 2.5kg from this new operation is scheduled to commence in October.

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Report highlights Talang Santo potential

THE outstanding potential of Talang Santo mine within Kingsrose Mining’s Way Linggo Gold Project has been highlighted by an independent report, which states says that a series of conventional practices will significantly increase production rates. It recommends an overhaul of mine planning and scheduling methods.

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Besra refinancing in train

BESRA hopes that its long awaited refinancing and restructuring will be approved by the Ontario Securities Commission in Canada enabling it to refocus efforts on the large Bau Goldfield exploration project in East Malaysia. The company has made application to the commission to partially revoke the Cease Trade Order (CTO) of December 29, 2014 and amended on March 4, 2015.

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