Centerra Gold and Cameco Corp have reached binding agreements with the Government of the Kyrgyz Republic that provide for the Government’s full commitment to and support for Centerra’s continuing long-term development of the Kumtor gold project. The agreements also enlarge the Company’s existing concession area by over 25,000 ha to include all territory covered […]

Sandvik Process Systems has supplied 12 dedicated steel belt cooling systems for coal liquefaction to China’s largest coal producer, the Shenhua Group. As noted in IM’s May issue, coal liquefaction technology is likely to become increasingly important in China. The country started an investment program in the 1970s to use local coal stocks for electrical power […]

The shareholders of Aurogin Resources and Morgain Minerals have voted overwhelmingly to approve the amalgamation of the companies under the terms and conditions contained in the Joint Information Circular dated July 18, 2007, and to adopt the Board recommended stock option plan.  At a meeting of Aurogin shareholders held on August 17, the amalgamation was approved […]

The boards of KimCor and Dwyka Resources have announced that KimCor has conditionally agreed to acquire the entire issued share capital of Dwyka Resources’ diamond subsidiary DDH, a holding company registered in Mauritius, whose subsidiaries are principally engaged in the exploration and mining of diamonds in South Africa and Tanzania.
By reason of the size of […]

Stornoway has made a new discovery of a kimberlite pipe from drilling on the Aviat Project, situated on the Melville Peninsula in Nunavut, Canada. This pipe, known as AV9, represents the third pipe-like body identified within Aviat’s Tremblay Corridor where a total of twelve significantly diamondiferous kimberlites have now been discovered. AV9 lies 4 km east-southeast of […]

Imerys has signed a final agreement with the Australian group Astron for the acquisition of all its operating Chinese subsidiaries (Astron China) for an enterprise value (debt and cash free) of €121 million. Based in Shenyang, Astron China has four plants (the major one being located in Bayuqan, Liaoning Province) and eight distribution centres in China. With […]