Discovery developing expansion plan for Botswana copper project

ASX-, Aim- and BSE-listed Discovery Metals is developing an expansion plan for its Boseto copper project, in Botswana, to increase output from 36 000 t/y to 50 000 t/y and boost the life-of-mine by a further 25 years, MD Brad Sampson told Mining...

Avocet lifts quarterly gold output to 28 734 oz

Aim-listed gold-miner Avocet Mining’s output increased to 28 734 oz in the September quarter, boosted by production from the Penjom mine, in Malaysia, and the North Lanut mine in Indonesia. The company’s gold output increased by 3%, when...

Moto completes share sale

TSX- and Aim-listed Moto Goldmines has completed a bought-deal offering of 11-million new shares, for gross proceeds of C$47,85-million, the firm said on Wednesday. Moto said last month that it expected to receive net funds of C$45,3-million from...

'Significant potential' for underground mining at DRC gold project - Moto

TSX- and Aim-listed Moto Goldmines plans to fast-track the technical evaluation of the viability of underground mining at its Moto gold project, in the Democratic Republic of Congo, after initial studies demonstrated “significant underground...