Old Pirate has new tricks for ABM

A scoping study into gold developer ABM Resources’ Old Pirate Stage 1 openpit project found that a capital investment of A$27.1-million could support a 261 000 oz gold operation. The Old Pirate gold deposit, in the Northern Territory, is on the...

David Reading

Position: President & CEO of Aureus Mining Inc Main activity of company: Gold developers Date and place of birth: November 23, 1955, Oldchurch

High-grade drilling results from Bibiani

ASX-listed gold developer Noble Mineral Resources has received more high-grade drilling results of up to 52 g/t of gold from outside the current resource area at its Bibiani gold project in Ghana.

Ampella raises A$47m for Batie West exploration

West Africa-focused gold developer Ampella Mining would raise some A$47-million through a private share placement and a share purchase plan to fund exploration at its flagship Batie West project, in Burkina Faso. The capital raising would consist...

Tawana acquires gold rights in Liberia

ASX-listed gold developer Tawana Resources has signed a heads of agreement to acquire the gold rights at the Cape Mount gold project, in Liberia. The project comprises two exploration licences over 1 996 km2 of highly prospective tenement area,...

Straits looks to raise A$50m

Copper and gold developer Straits Resources was looking to raise up to A$50-million through a share placement and share purchase plan to repay its loan facility, terminate offtake agreements, and fund its feasibility and exploration work on its...

Kentor gives Murchison project the green light

The board of ASX-listed gold developer Kentor Gold has given the green light to develop Phase 1 of its Murchison gold project, in Western Australia. The newly named Murchison project encompasses the Burnakura and Gabanintha gold and gold-copper...

Red 5 pours first gold in Philippines

Perth-based gold developer Red 5 has poured its first gold at the Siana gold mine, in the Philippines. The bar, weighing around 228 oz and comprising both gold and silver, was derived from Siana low-grade stockpiles, minor Mapawa low-grade...

Cortona passes final hurdle for Dargues development

ASX-listed gold developer Cortona Resources has cleared the final hurdle in the development of its Dargues Reef gold mine, in New South Wales, after reaching an agreement with the final group of objectors to the project. The objectors to the...

Ampella grows Konkera resource to more than 3Moz

Africa-focused gold developer Ampella Mining has upgraded its resource estimate for the Konkera prospect, in the Batie West gold project, in Burkina Faso, to contain some 3.1-million ounces. The Konkera prospect is now estimated to host some...

Company Announcement: Luiri Gold Limited small scale mining license reinstated

Emerging African gold developer announces that the Zambian Ministry of Mines and Mineral Development has reinstated the Company’s Large Scale Mining License

Republic divests its Queensland assets

Bolivia-focused gold developer Republic Gold has entered into an asset sale agreement Territory Minerals to sell off its far North Queensland assets in return for a consideration of cash and shares. Republic’s far North Queensland assets...