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Seneca Coal Resources Acquires Two Coal Mines from Cliffs Natural Resources

Cliffs Natural Resources Inc. has closed the sale of its remaining coal business, Pinnacle Mine in West Virginia and Oak Grove Mine in Alabama, to Seneca Coal Resources, LLC. Cliffs values the transaction at closing at $268 million based on Seneca Coal assuming all liabilities of the business. Additionally, Seneca Coal may pay Cliffs an earn out of up to $50 million contingent upon the terms of a revenue sharing plan which extends through the year 2020.

23 Dec 2015

Centerra Gold Provides Update on Kumtor Mine Project

Centerra Gold Inc. reports today that it has received notice from the Kyrgyz Republic Prime Minister, Mr. T.A. Sariyev, notifying Centerra of the government's intention to withdraw from further negotiations regarding the implementation of the non-binding heads of agreement dated January 18, 2014 (the "HOA").

23 Dec 2015

Aureus Agrees to Amend Terms for Acquisition of Sarama's Liberian Exploration Properties

Sarama Resources Ltd. wishes to announce that Aureus Mining Inc. has agreed to an amendment to terms of the previously announced acquisition of three Liberian exploration properties held by the Company.

22 Dec 2015

Lara Provides Update on Maravaia Copper Gold Deposit in Northern Brazil

Lara Exploration Ltd. is pleased to provide an update on development progress on the Maravaia Copper Gold Deposit, located within its Curionópolis exploration license in northern Brazil, where the Company's partner Tessarema Resources Inc., is earning a 100% interest by putting the project into commercial production and making cash and royalty payments to Lara.

From Lara Exploration Ltd. 22 Dec 2015

Callinex’s Pine Bay and Flin Flon Projects Receive Permits for 2016 Winter Drilling Campaign

Callinex Mines Inc. is pleased to announce it has received permits for the upcoming winter drilling campaign at the Company's 100% owned Pine Bay and Flin Flon projects, located near HudBay's 777 mine and processing facilities in Flin Flon, Manitoba. It is anticipated that the winter drilling program will commence in mid-January and consist of approximately 6,000m to 7,500m.

22 Dec 2015

Avala Commences Diamond Drilling on Lenovac Project

Avala Resources Ltd. is pleased to announce the commencement of diamond drilling on its Lenovac exploration license. The Lenovac Project is subject to an earn-in and joint venture agreement with Rio Tinto Mining & Exploration Limited that was announced by the Company in a press release dated November 30, 2015.

22 Dec 2015

WellDog Releases Slimhole GasMapper Coal Gas Assessment Service

WellDog released today the third generation of its GasMapper coal gas assessment service, extending the successful service to use in the slim boreholes used widely by the coal mining industry.

22 Dec 2015

Canada Carbon Releases Update on ASTM Standard Designation for Miller Graphite

Canada Carbon is pleased to provide the following update on the status of the ASTM research program which will lead to the development of standard assessment protocols to determine the chemical purity and neutron absorption potential for natural graphites intended for nuclear applications.

22 Dec 2015

CKR Ships Samples from Namibia Aukam Vein Graphite Project

CKR Carbon Corporation. is pleased to announce the shipment of concentrate and lump samples to end users from the company's Aukam vein graphite project in Namibia.

22 Dec 2015

Millrock Signs Option to JV Agreement with Vista for Stellar Copper-Gold Project

Millrock Resources Inc. announces that it has signed an option to joint venture agreement with Vista Minerals (Alaska) Inc., a wholly-owned subsidiary of Vista Minerals Pty Ltd, a private Australia-based company.

From Millrock Resources Inc. 22 Dec 2015

Mawson Initiates Drill Program at Palokas Gold Project in Finland

Mawson Resources Limited announces the commencement of a 4,000 metre drill program at Palokas in Finland.

22 Dec 2015

Trimetals Mining Completes Gold Springs Drill Program and Renegotiation of Escalones Copper-Gold Porphyry Property

TriMetals Mining Inc., is pleased to announce that it has just completed a 14-hole reverse circulation drill program at the Jumbo target at Gold Springs on the Nevada/Utah border. Geological observation of the drill chips indicates that drilling continues to intercept the mineral system. Samples have now been sent to the assay laboratory with results expected in late January.

22 Dec 2015

Ghanian Inspectorate Awards Temporary Mining Permit to Kubi Gold

Asante Gold Corporation (the "Company") is pleased to announce that Kubi Gold (Barbados) Limited ("Kubi Gold") has reported to the Company that it has received a Temporary Mining Exploration Operating Permit from the Inspectorate Division of the Minerals Commission of Ghana that allows for the commencement of the construction of the portal and exploration decline at Kubi.

17 Dec 2015

Vermillion Gold Completes Seven Diamond Core Drill Holes in Virginia Horn Gold Prospect

Vermillion Gold Inc., a Northern Minnesota gold exploration company, announces completion of seven diamond core drill holes in its Virginia Horn gold prospect (click for map).

17 Dec 2015

Drill Hole 1 and 2 Confirm Gold Continuity at Khalkos Malartic Property

KHALKOS EXPLORATION. ("Khalkos") The management of Khalkos is pleased to announce the second drill hole (MA-15-02) undertaken on the Malartic property (press release June 22, 2015) has intersected the targeted shear zone with a gold grade of 4.8 g/t over 1.5 metres included in a section of 5.1 metres graded at 2.5 g/t Au.

17 Dec 2015

Mining News

Seneca Coal Resources Acquires Two Coal Mines from Cliffs Natural Resources

Centerra Gold Provides Update on Kumtor Mine Project

Aureus Agrees to Amend Terms for Acquisition of Sarama's Liberian Exploration Properties

Lara Provides Update on Maravaia Copper Gold Deposit in Northern Brazil

Callinex’s Pine Bay and Flin Flon Projects Receive Permits for 2016 Winter Drilling Campaign

Avala Commences Diamond Drilling on Lenovac Project

WellDog Releases Slimhole GasMapper Coal Gas Assessment Service

Canada Carbon Releases Update on ASTM Standard Designation for Miller Graphite

CKR Ships Samples from Namibia Aukam Vein Graphite Project

Millrock Signs Option to JV Agreement with Vista for Stellar Copper-Gold Project

Mawson Initiates Drill Program at Palokas Gold Project in Finland

Trimetals Mining Completes Gold Springs Drill Program and Renegotiation of Escalones Copper-Gold Porphyry Property

Ghanian Inspectorate Awards Temporary Mining Permit to Kubi Gold

Vermillion Gold Completes Seven Diamond Core Drill Holes in Virginia Horn Gold Prospect

Drill Hole 1 and 2 Confirm Gold Continuity at Khalkos Malartic Property

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