Shamika2Gold Inc. has entered into a definitive agreement with Shamika Resources to acquire 5 gold exploration permits in the Democratic Republic of the Congo (DRC) for a total consideration consisting of 15 mn shares of Aultra Gold, a $500,000 promissory note and a 2.5 per cent net smelter return (NSR) on exploration licenses PR-10190, PR- 10192, PR- 10185, PR- 8708 and PR- 3619 covering a total of 830 km2.
p>Shamika2Gold Inc. has entered into a definitive agreement with Shamika Resources to acquire 5 gold exploration permits in the Democratic Republic of the Congo (DRC) for a total consideration consisting of 15 mn shares of Aultra Gold, a $500,000 promissory note and a 2.5 per cent net smelter return (NSR) on exploration licenses PR-10190, PR- 10192, PR- 10185, PR- 8708 and PR- 3619 covering a total of 830 km2.Quarrying
NFCA commissions west ore body
Non-Ferrous Corporation Africa (NFCA) of China has commissioned its West Ore Body facility in Chambishi on the Zambian Copperbelt.
p>Non-Ferrous Corporation Africa (NFCA) of China has commissioned its West Ore Body facility in Chambishi on the Zambian Copperbelt.Ensuring safety support for gold mining workforce
South Deep mine
South Deep mine has access to the world’s richest known untapped gold orebody. Owned by Gold Fields, one of the largest mining companies in the world, the mine’s 64 mn ounce reserve will play a vital role in extending South Africa’s gold mining heritage for at least another generation.
New Boomer T1 D meets challenges in narrow-vein mining
A new face drilling rig for narrow tunnels and mines has been introduced by Atlas Copco. Based on its predecessor, the Boomer 104, the new Boomer T1 D offers an impressive array of technical and environmental improvements.
p>A new face drilling rig for narrow tunnels and mines has been introduced by Atlas Copco. Based on its predecessor, the Boomer 104, the new Boomer T1 D offers an impressive array of technical and environmental improvements.Exploration at Rongo Gold Field Project in Kenya’s Lake Victoria Greenstone Belt
African Queen Mines Ltd. has now commenced its Phase 1 exploration programme on the Rongo Gold Field Project in the Kanango gold mining area of the Migori District of Nyanza Province in Southwest Kenya near Lake Victoria.
p>African Queen Mines Ltd. has now commenced its Phase 1 exploration programme on the Rongo Gold Field Project in the Kanango gold mining area of the Migori District of Nyanza Province in Southwest Kenya near Lake Victoria.More Articles …
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