Posts Tagged ‘expansion’

- Tanzanian Royalty Exploration is pleased to announce that the government of Tanzania has approved the application for the expansion of the area covered by the Special Mining License for the Company’s Buckreef Gold Project. Full story

RENO -- Lawyers for an environmental group and Native American tribes trying to block another expansion at one of the biggest gold mines in North America say the U.S. government -- in concert with the largest gold company in the world -- is making an... Full story

Gold miner Barrick Gold says it expects to spend about $50-million on exploration this year as part of a first-stage feasibility study for the expansion of its Lumwana copper mine. Since completing its acquisition of copper miner Equinox, in June, Full story

Hondo Minerals Corp has announced the expansion of its operational infrastructure in preparation for the opening of a processing facility at the Tennessee mine in Arizona. Full story

Caledonia Mining posted a solid set of financial results today, reflecting increased production at its Blanket Gold Mine in Zimbabwe. The Toronto-based company nearly doubled its revenue, from $11.5 million in 2009 to $22.4 million last year, giving a profit of $8.3 million and net income of $2.257 million Full story

Monument Mining Limited (TSXV: MMY) (FSE: D7Q1) has announced that it will proceed with the Phase III expansion plan for its Selinsing mine and gold treatment plant. This expansion will include an additional milling, gravity and leach circuit. Production Full story

Luna Gold  has commenced production at its Aurizon Gold Mine in Maranhã State, Brazil. Vancouver-based Luna Gold Corp. produced 10,905 ounces in November and December, with combined 90-day average throughputs over 3,615 tonnes per day, the company announced on Feb. Full story

MONTREAL - Semafo Inc. Full story

ETF Database submits: ETF Securities, the European-based ETF issuer famous for its lineup of physically-backed precious metal ETFs, announced further expansion of its product offering with the launch of an ETF that holds physical gold bullion in Full story

JOHANNESBURG (miningweekly.com) Diversified miner Village Main Reef is setting out to raise R23-million in equity capital to fund a further expansion of gold and antimony mining company Consolidated Murchison (Cons Murch). The JSE-listed Village, which Full story