KEFI Gold and Copper Plc (AIM: KEFI), a pioneer in gold and copper exploration and development in Saudi Arabia, has announced a discovery of a third copper-gold-zinc-silver deposit in the expansive Hawiah district through its joint venture, Gold & Minerals Ltd (“GMCO”). This discovery at Abu Salal, positioned 50km south of the Hawiah Copper-Gold project, […]
Lida Resources, a Canadian mineral exploration company, has signed two agreements to acquire 400 hectares which make up the Quiruvilca silver mine in Peru for $200,000. The Quiruvilca silver mine is located in Quiruvilca District, Santiago de Chuco Province and is six miles south-east of Lida Resources’ San Vincente asset, which is a lead, silver, […]
Tahoe Resources, a US-based precious metals producer, said that it has dismissed nearly 200 employees at its troubled Escobal silver mine in Guatemala where mining operations had been suspended for more than a year. The Escobal silver mine, which is located in the Santa Rosa Department, and operated by Tahoe Resources’ Minera San Rafael, is […]