KYRGYZ REPUBLIC - Celsius completes 2013 drilling

Celsius Coal has completed its 2013 drilling program at the Uzgen Basin Coking Coal Project with 11 HQ and PQ diameter core holes drilled for a total of 4050.6 metres, the largest drilling program undertaken by Celsius. At Kargasha deposit, 2304.0 metres of drilling was completed and at Kokkia 1746.6 metres was completed.

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KYRGYZ REPUBLIC - Centerra has little room to move

Centerra Gold says it has little capacity to agree to demands from the parliament of the Kyrgyz Republic, which is seeking control over the company’s flagship Kumtor Gold Project.

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LAOS - PanAust revises Phu Kham LoM plan

PanAust has revised its life-of-mine (LoM) plan for the Phu Kham Copper-Gold Project which will result in an annual production increase of about 30,000 tonnes of copper-in-concentrate. The comprehensive review follows revision of the 2013 and 2014 mine plan earlier this year carried out to prioritize mining on the interim west wall of the open-pit operation.  1

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M AND A - Legend sells Cameroon project to Jindal

West African focused Legend Mining is selling its Ngovayang Iron Ore Project in Cameroon to Jindal Steel and Power for Aus$17.5 million in cash. Jindal is one of India's major steel producers with a significant presence in sectors like mining, power generation and infrastructure.

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