IRON ORE - Shree gets green light for DSO project

Shree Minerals can commence mining at the Nelson Bay River Iron Ore Project in northwest Tasmania after receiving Federal Government approval under the EPBC Act. The new Minister for Climate Change Minister for the Environment, Heritage and Water, Mark Butler, has granted Shree Minerals the approval to proceed with their proposed iron ore mine.

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KAZAKHSTAN - Sekisovskoye underground mining resumes

Underground mining at Hambledon Mining’s Sekisovskoye Gold Project in east Kazakhstan has restarted on time and within budget. Since this occurred in mid-June the average mined gold grade has been more than 4 grams/tonne.  1

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KYRGYZ REPUBLIC - Kumtor discussions continue

Centerra Gold is continuing discussions with representatives of the Government of the Kyrgyz Republic in connection with a potential restructuring transaction under which Kyrgyzaltyn JSC would exchange its 32.7% equity interest in Centerra for an interest of equivalent value in a joint venture company that would own the Kumtor Gold Project.

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