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Gold mining news

 
 
 
 
 

Golden Birch announces initial drilling programme plans

Golden Birch Resources Inc. has announced that it is preparing to begin a drilling programme at the Omu copper-gold prospect located within the company’s flagship Keveri property, located in Papua New Guinea.

 
 

Barrick sells stake in Morila

Barrick Gold Corp. and AngloGold Ashanti Ltd have agreed to sell their 80% interest in the Morila gold mine in Mali to Mali Lithium Ltd for cash consideration estimated at between US$22 million and US$27 million, depending on closing adjustments.

 

MMIH to acquire new exploration project in Philippines

MMIH has announced that it will be signing a sale and purchase agreement soon with IXWA Investments Ltd to acquire the issued and paid-up share capital of SEMCO Exploration and Mining Corp. (SEMCO) in the Philippines via a share swap.