Posts Tagged ‘joint-venture’

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Taseko spending $134 million on Gibraltar, will keep plugging away at Prosperity

Taseko Mines Limited (TSX: TKO; NYSE Amex: TGB) on Wednesday announced it is going ahead with its Gibraltar capital program and is planning to spend $134 million to complete the project by the end of this year. The investment will increase Taseko’s share of copper production capacity to 140 million pounds per year Full story

Collahuasi miners at Xstrata, Anglo’s Chile unit end strike

Workers at the Collahuasi copper mine, a joint venture between Anglo American Plc and Xstrata Plc in northern Chile, agreed today to end a strike over job dismissals after winning concessions from their employers. Continue reading at Bloomberg News Full story

Xstrata, Highlands push back PNG study to end-2012

Miners Xstrata Copper and Highlands Pacific have delayed the completion of the feasibility study for the Frieda River joint venture copper/gold project, in Papua New Guinea, by 11 months. Xstrata was initially schedule to deliver the study in January 2012, to maintain its 81.82 percent shareholding in the project. Continue reading at IntelliAsia Full story

Tanzanian Royalty Signs Definitive Joint Venture Agreement That Will Facilitate Development of Buckreef Gold Project

- Tanzanian Royalty Exploration Corporation is pleased to announce that it has entered into a Definitive Joint Venture Agreement with the State Mining Corporation of Tanzania for the development of the Buckreef Gold Project in Tanzania. Full story

Golden Tag Resources Ltd./Update-San Diego Project, Durango State, Mexico

Golden Tag Resources Ltd./Update-San Diego Project, Durango State, Mexico
MONTREAL, QUEBEC--(Marketwire - Oct. 27, 2011) -   Golden Tag Resources Ltd. (TSX VENTURE:GOG)  ("Golden Tag") owning a 50% interest in the San Diego Property, Velardeña, Durango State, Mexico wishes to provide an update on the Phase 5 Program of Exploration Full story

Ivanhoe completes acquisition of 80% interest in Exco joint venture tenements

Ivanhoe completes acquisition of 80% interest in Exco joint venture tenements
MELBOURNE, AUSTRALIA--(Marketwire - Oct. 13, 2011) -  Robert Friedland, Chairman, and Peter Reeve, Chief Executive Officer of Ivanhoe Australia Limited (TSX:IVA)(ASX:IVA), are pleased to announce that Ivanhoe Australia has finalised its acquisition of an 80% interest in 13 Exco Resources Limited ("Exco") tenements in the highly mineralised Cloncurry region (see Figure 1). In May 2007, Ivanhoe Australia entered into a joint venture arrangement with ... Full story

High-grade gold discovered at Mineral Ridge – Analyst Blog

High-grade gold discovered at Mineral Ridge - Analyst Blog
Golden Phoenix Minerals (GPXM) maintains a 30% interest in the Mineral Ridge property, which is being operated and explored by joint venture partner Scorpio Gold (SGN: TSX-V). In the course of Scorpio’s exploration program, the Solberry Zone at the Full story

ValGold to acquire past producing gold-silver mine and surrounding region in Western Ukraine

ValGold to acquire past producing gold-silver mine and surrounding region in Western Ukraine
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 21, 2011) - ValGold Resources Ltd. (TSX VENTURE:VAL)(FRANKFURT:VR2 ) ("ValGold") is pleased to announce that it has negotiated an agreement to acquire a 75% interest in a private Ukrainian company, Klinservis - Center Ltd., which is to hold a 25 year mining licence over the past producing Muzhievo gold-silver mine and the surrounding mineral fields of the Beregovo Mining ... Full story

Newmont Gold Output to Double – Analyst Blog

Newmont Gold Output to Double - Analyst Blog
Gold miner Newmont Mining Corp's (NEM) Peruvian subsidiary aims to double annual output to 2.5 million ounces by 2017, once the key projects start operations. Yanacocha, a joint venture between Newmont and Peru's Buenaventura, is developing the $4.8 Full story

UPDATE 1-Newmont to double Peru gold production by 2017

UPDATE 1-Newmont to double Peru gold production by 2017
* Newmont, Buenaventura building Peru's most expensive mine * Minas Conga to start producing gold in 2014 Yanacocha, a joint venture between Newmont and Peru's Buenaventura , is developing the $4.8 billion Minas Conga. It will be the largest investment Full story
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