IMC Exploration to buy Karaberd gold mine in Armenia
Ireland-based IMC Exploration is expanding the geographical scope of its operations by announcing a conditional agreement to buy the Karaberd gold mine, in northern Armenia....
Category : Precious metals
Rio Tinto signed financing deal with Turquoise for Mongolia’s Oyu Tolgoi expansion project
Claimed to be the world’s largest new copper-gold mines, the Oyu Tolgoi mine is located in Mongolia’s South Gobi region, approximately 550km south of Ulaanbaatar...
Talas Gold Mining Complex in Kyrgyzstan launched
The Jerooy deposit located in Talas Region in northwestern Kyrgyzstan has estimated reserves of nearly 90 tonnes of gold and about 25 tonnes of silver....
Koc Holding to acquire majority in 12 Irish gold mines
The Turkish Gold Miners Association forecast that Turkey’s 2021 gold output will amount to at least 45 tonnes, surpassing last year’s record-high of 42 tonnes....
Chaarat Gold gets positive feedback from newly formed Kyrgyz government
Chaarat Gold is a gold mining company which owns the Kapan operating mine in Armenia as well as Tulkubash and Kyzyltash gold projects in the...
Kyrgyzstan revives claims against Centerra Gold
The previously withdrawn-but-revived claims relate to 2016 and 2017. They include $106-million for withholding taxes paid to its parent company and $17-million related to payroll...
Group Eleven Resources gets good results from copper-silver mine in Ireland
Gortdrum is part of the group’s wholly-owned PG West project and two holes were sunk 1 kilometer (km) and 2.2km away from the former mine...
Nornickel cutting emissions in Russia
Nornickel a Russian metals producer is a major global palladium and nickel producer and plans to spend $5.5-billion on environment projects within the next 10...
Adriatic Metals to expand its explorations in Serbia
UK-based Adriatic Metals acquired Tethyan Resource Corp in 2020, to advance the former Kizevak and Sastavci polymetallic mines in the Raska District, southern Serbia. Adriatic...
Investors aiming Tavush gold mine in Armenia
The northern end of the Vazashen gold-polymetallic mine site is about 0.4 km away from the Armenian border with Azerbaijan. For the third time, an...