ASPIRE Mining has received an expression of interest to fund a modular Coal Handling and Processing Plant (CHPP) at Nuurstei Coking Coal Project. The interest has come from ODDO BHF, a German private bank and financial services group.
XANADU Mines plans deeper drilling at Kharmagtai Copper-Gold Project with the aim of extending high-grade tourmaline breccia mineralisation identified in recent drilling. The discovery of additional near-surface high-grade copper-gold mineralisation will add to the existing resource and move the project into economic viability.
CHINA Gold International Resources has had a strong start to the year at Jiama Copper-Gold Polymetallic Mine in Tibet Autonomous Region and at CSH Gold Mine in Inner Mongolia, leaving the company confident of meeting 2017 production guidance.
CHINA National Petroleum Corporation’s (CNPC) Consultation Centre has approved the Qinshui Basin Chengzhuang Cooperative CBM Block (GCZ) development plan of coal bed methane (CBM) group Green Dragon Gas. The plan includes drilling an additional 147 production wells at GCZ in Shanxi Province in 2017 and 2018.