Sierra Gold Corporation announced the acquisition of a 12 mile long concession on the Manu river in the Zimmi region with an option to expand down to the Atlantic ocean. The company has investigated the property and has discovered small coloured and clear diamonds. Also discovered was coarse gold. Coarse gold indicates proximity to the [...]
Sierra Gold Corporation announced discovery of diamonds on the Sewa River with the 8“ dredge purchased from a South African company. The dredging operation produced over 10 carats of diamonds valued at US$110 per carat from its initial test run. Gold has also been collected and its values are presently being assessed. This equipment has [...]
Wits Basin Precious Minerals Inc. announced that London Mining Plc, a leading international mining and development company for the steel industry, has agreed in principle, subject to due diligence and finalization of definitive documentation, to become a 50/50 joint venture partner for the Company’s iron ore project located near Maanshan, Anhui Province in the People’s [...]
Sierra Gold Corporation announced that it will begin initial gold operation tomorrow on the Sewa River with the 8-inch dredge purchased last month from a South African company. This equipment has the capability to process up to 50 tons per hour. An experienced, highly qualified operator from South Africa will be running the operations. The [...]
Sierra Gold Corporation announced that the two 10 ton, state-of- the-art, gold processing plants are scheduled to be shipped from Texas in less than 2 weeks and are due to arrive in Sierra Leone on October 1st. The new portable plants will be available to process gold for the fall mining season. These plants [...]
Mineral Commodities announced that it has completed a placement of 12m ordinary shares at $0.26 per share to raise $3.12m before expenses. The placement has been made to institutional clients of UK based Mirabaud Securities and falls within the company’s 15% placement capacity as set out in ASX Listing Rule 7.1. The funds will be [...]
Residents of Port Loko district are reported to have wept bitterly after receiving shocking news from the Project Manager and Chief Geologist of the Port Loko Bauxite Project, Ebo Bakker that they are suspending operations in Sierra Leone as a result of the non-renewal of their exploration license.
The Port Loko Bauxite project is managed by [...]
An ad campaign launched last month asks jewelers to boycott gold from a proposed open pit mine that many Alaska Natives fear will ruin their way of life.
The campaign in National Jeweler, an industry newspaper, is designed to educate jewelers about the Pebble Mine project in the Bristol Bay watershed, home to the largest sockeye [...]
Schools, shops and markets in Guinea were shut on Wednesday as a nationwide general strike got under way, but the volatile West African country’s key bauxite industry did not immediately appear to be seriously affected.
Additional police and army patrols deployed around the streets of the capital Conakry on the first day of the indefinite strike, [...]
A group of northern Ontario aboriginal communities is hoping actor Leonardo DiCaprio will play a starring role in its fight against a De Beers diamond mine which it says could threaten the province’s boreal forest.
The Nishnawbe Aski Nation has written to the movie star, asking him to promote their concerns about the gem magnate’s mine [...]
