Australian Bauxite Limited has concluded a Memorandum of Understanding to jointly conduct a pre-feasibility study (PFS) in relation to the Goulburn-Taralga bauxite project in New South Wales, Australia.
Emerging bauxite exploration company Australian Bauxite Limited has uncovered a thick layer of high quality bauxite under a clay horizon at its Binjour project in central Queensland.
Angkor Gold Corporation, formerly Weifei Capital, has completed its acquisition of Prairie Pacific Mining Corp and has raised $3 million in a brokered financing which will be used for exploration on its properties in the Kingdom of Cambodia.
Hong Kong-listed precious metals company Sino Prosper State Gold Resources is making progress in its bid to become a major Chinese precious metals producer. The company plans to acquire near-production mining projects with a current focus on the 70% owned Aohanqi project in Inner Mongolia.