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Dark Monazite at U.S. Rare Earth's Last Chance Mine has Lower Potential Processing Costs

U.S. Rare Earths, Inc., a domestic rare earths exploration company, has demonstrated that the Dark Monazite (a unique Neodymium and Europium-rich mineral) at its Last Chance Mine has lower potential processing costs as a result of mineralogical studies and metallurgical testing completed on its stockpile material, the company announced.

20 May 2015

Zenyatta Reports Positive Results from Initial Testing of High Purity Albany Graphite Samples

Zenyatta Ventures Ltd. is pleased to report positive results from initial testing of several high purity Albany graphite samples for use in powder metallurgy ('PM') application.

20 May 2015

Southern Silver Grants Electrum Right to Earn Indirect Interest in Cerro Las Minitas Property

Southern Silver Exploration Corp. has granted Electrum Global Holdings L.P. the right to earn an indirect 60% interest in the Cerro Las Minitas property in Durango, Mexico by funding exploration and development expenditures of US$5 million on the Property over a maximum 48 month period.

From Southern Silver Exploration Corp. 20 May 2015

Entrée Gold Welcomes Signing of Oyu Tolgoi Underground Mine Development and Financing Plan

Entrée Gold Inc. welcomes the May 18, 2015 joint announcement that an Oyu Tolgoi Underground Mine Development and Financing Plan has been signed by the Government of Mongolia, Entrée's joint venture partner, Oyu Tolgoi LLC, Turquoise Hill Resources Ltd., and Rio Tinto.

20 May 2015

Initial Field Program Begins on Troymet’s Wildcat Gold-Silver Project

Troymet Exploration Corp. is pleased to report that the initial field program on the Wildcat gold-silver project, Utah, has commenced. Management is currently enroute to the project and a field crew is mobilizing to the property.

From Bessor Minerals Inc 20 May 2015

Lupaka Gold Commences Underground Mining at Invicta Gold Project

Lupaka Gold Corp. announces that it has commenced underground mining at the Invicta Gold Project, and will initially mine and transport up to 400 tonnes to a local toll process plant for bulk testing.

20 May 2015

Saturn Provides Drilling Update on Bannock Creek Exploration Well

Saturn Minerals Inc. ("Saturn" or the "Company") announces an update on the results from its operated 9-5 Bannock Creek exploration well in northeast Saskatchewan which commenced drilling on May 12, 2015.

19 May 2015

Mongolian Government, Turquoise Hill Resources and Rio Tinto Sign Plan for Oyu Tolgoi Project

The development of the underground mine at Oyu Tolgoi in Mongolia has taken a significant step forward today with the signing of the Oyu Tolgoi Underground Mine Development and Financing Plan (the Plan) by the Government of Mongolia, Turquoise Hill Resources and Rio Tinto. The Plan addresses the key outstanding shareholder issues and sets out an agreed basis for the funding of the project.

19 May 2015

Barrick Gold Releases Exploration and Option to JV Agreement on Gold Ridge Property

Coral Gold Resources Ltd. ("Coral" or the "Company") announces that, Barrick Gold Corporation has given a Notice of Termination and Release of the Exploration and Option to Joint Venture Agreement on the Gold Ridge Property dated March 7, 2014 due to budgetary constraints. Coral will continue to identify and evaluate potential partners that have the financial capability to advance the Robertson project into commercial production.

18 May 2015

Amarillo Receives Drawdown from Gold-Linked Credit Facility

Amarillo Gold Corp. is pleased to announce that it has received the most recent drawdown from its gold-linked credit facility. The Company entered into the Facility in September last year. The Facility's purpose is to finance the Company through the current adverse resource market conditions in an innovative way.

From Amarillo Gold Corp. 15 May 2015

Mining Business News

Dark Monazite at U.S. Rare Earth's Last Chance Mine has Lower Potential Processing Costs

Zenyatta Reports Positive Results from Initial Testing of High Purity Albany Graphite Samples

Southern Silver Grants Electrum Right to Earn Indirect Interest in Cerro Las Minitas Property

Entrée Gold Welcomes Signing of Oyu Tolgoi Underground Mine Development and Financing Plan

Initial Field Program Begins on Troymet’s Wildcat Gold-Silver Project

Lupaka Gold Commences Underground Mining at Invicta Gold Project

Saturn Provides Drilling Update on Bannock Creek Exploration Well

Mongolian Government, Turquoise Hill Resources and Rio Tinto Sign Plan for Oyu Tolgoi Project

Barrick Gold Releases Exploration and Option to JV Agreement on Gold Ridge Property

Amarillo Receives Drawdown from Gold-Linked Credit Facility

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