Newmont Secures Earn-in Rights to Goldstrike’s Plateau Property Newmont Mining and Goldstrike Resources have announced an agreement that provides Newmont with rights to explore and develop Goldstrike’s highly prospective Plateau gold properties in east-central Yukon...read more
New Drilling Extends Strike Length at Ivanhoe’s Kakula Copper Discovery The latest drill results from Ivanhoe Mines’ Kakula copper discovery in the Democratic Republic of Congo (DRC) confirm the exceptional continuity of the deposit’s high-grade copper mineralization...read more
Newcrest Mining has entered into separate exploration agreements with Randgold Resources and Antam. Newcrest is a gold producing company headquartered in Sydney, Australia. Randgold is a gold producing company headquartered in London, England. Antam produces a range of natural resources, including gold and silver, and is headquartered in Jakarta, Indonesia.Under the Randgold/Newcrest agreement, the companies will establish a joint venture for the exploration, development and mining of mineral resources in an area of interest in the southeast of Côte d’Ivoire. The area covers the extension of some of the more prolific Ghanaian gold belts and associated structures.
Amarc Resources reported that 2016 field work at its IKE porphyry copper-molybdenum-silver discovery and nearby prospects in British Columbia’s Coast Range continue to support the potential for development of an important new mining camp. All 21 holes drilled at IKE during the past three years have intersected long intervals of chalcopyrite and molybdenite mineralization over an increasingly broad area measuring 1,200 meters (m) east-west by 1,000 m north-south and extending to depths of more than 500 m. The discovery remains open to expansion in all lateral directions and to depth.