
Fura announces update on ruby transaction in Mozambique
The company has entered into an amending agreement to the share purchase agreement of the acquisition of a ruby prospecting licence.
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The company has entered into an amending agreement to the share purchase agreement of the acquisition of a ruby prospecting licence.

Queensland Resources Council (QRC) Chief Executive Ian Macfarlane states that the Palaszczuk government’s first royalty deferral and repayment agreement to support the development of New Century Zinc Mine should be a model for other projects to attract more investment.

According to research by Future Market Insights (FMI), the global smart mining market will see considerable traction in forthcoming years due to increased uptake of advanced technology and automated vehicles.

Caterpillar will be presenting its new longwall mining products and advanced technologies at the Katowice Mining Fair in September.

Mawson Resources Ltd has published its results from its 15 059 m drill programme completed at the company’s Rajapalot project in northern Finland.

The Board of Borr Drilling has recommended Paal Kibsgaard as new chairman of the Board of the company ahead of the election that is to take place at the company’s annual general meeting, which is to be held on 27 September.

Avino Silver & Gold Mines Ltd. has granted 526 000 incentive stock options under its Stock Option Plan and 1 730 500 Restricted Share Units under the Restricted Share Unit Plan to its directors, officers, employees and consultants.

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Corvus Gold Inc. has finalised a private placement financing with AngloGold Ashanti Inc.

The programmes provide mining and aggregates customers options for short lead times, pricing stability and simplified inventory management.

Bonterra Resources finalises the previously announced brokered private placement for gross proceeds of almost US$32 million.

EuroChem has purchased a 10% buy-back stake in the company from its former CEO.