Exploration & development

Algold Resources Ltd. has completed its funding arrangement with Wafa Mining & Petroleum SA, and has announced the appointment of Ousmane Kane to its board of directors.

Last Friday, IDM Mining Ltd (IDM) was granted an environmental assessment certificate for the Red Mountain underground gold project.

Gateway Mining identifies a new exploration target at its wholly-owned Gidgee gold project in Western Australia.

Monarques Gold reports more high-grade results from its drilling at the Croinor Gold property in Quebec.

Mawson Resources Limited begins a drilling programme at its Rompas-Rajapalot project in Finland.

Rio Tinto and Hancock Prospecting have jointly opened a new iron ore mine at Hope Downs.

Boart Longyear has won a contract from GEMCO for drilling operations at the Groote Eylandt manganese mine in Australia.

Anson Resources Limited has seen its first production of lithium hydroxide at its Paradox Lithium Project in Utah.

Yesterday, Pilbara Minerals Limited saw its first shipment of spodumene concentrate from its Pilgangoora project depart from Port Hedland toward the company’s offtake partners in north Asia.

Callinex has announced the preliminary results from its ongoing induced polarisation survey at Nash Creek.

Ivanhoe Mines reports the discovery of high-grade copper on its Western Foreland licenses in the Democratic Republic of Congo.

Endeavour Mining’s drilling programme at its Fetekro Greenfield exploration property yields positive results.

Pacton Gold Inc. is preparing to conduct ground exploration at its Friendly Creek project in Pilbara following exploration on its Arrow tenements.

Maxtech Ventures, Inc. provides its shareholders with an update on its mineral asset projects in Brazil.

Red River Resources Ltd reports its results from a recent drilling programme at its Liontown project in northern Queensland (Australia).