Aspire funds to expedite Nuurstei

ASPIRE Mining believes A$16.5 million raised in a fully underwritten rights issue will enable it to expedite development of the Nuurstei Coking Coal Project. The company aims to put the 90%-owned project into production within 18 months.

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Minco progresses joint project permitting

Minco Silver continues to progress permitting of the combined Fuwan Silver Project and Changkeng Gold Project in Guangdong province. Since 2016 the company has been working to combine Fuwan with the adjoining Changkeng project.

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China Molybdenum eyes overseas assets

AFTER spending US$5.3 billion to seal three deals involving overseas mining assets in the past 18 months, China Molybdenum is seeking more acquisition opportunities. However, the Luoyang, Henan province based company says the targets must rank among the bottom half of the production cost curve.

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Silvercorp identifies more mineralisation

UNDERGROUND drilling and exploration tunnelling by Silvercorp Metals at Ying Mining District continue to identify high-grade mineralisation beneath current production levels. The drilling is part of 2017 exploration at the HZG, HPG, LMW, TLP and LME mines.

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