| World Gold Gold, internet, fashion, health, beauty, electronics, pictures, tourism, landmarks States, automotive, education, treatment, mobile, software, women, men |
Top posting users this month | |
Latest topics | » وظائف بالكويت مسابقة 2011 2012 للعمل بوزارة التربيه فى جميع التخصصات Sun Feb 19, 2012 2:15 pm by محمد السعيد الجيوشي » مسابقة وزارة الاوقاف لسنة 2011 للعمل بوزارة الاوقاف والعمل بالمساجد عدد ( 3592 ) وظيفة عامل مسجد عدد ( 1993 ) وظيفة مؤذن مسجد من الدرجة السادسة والخامسة حرفية خدمات معاونةFri Sep 23, 2011 11:57 pm by admin» العاب موبايل لعبة موبايل العاب للموبايلThu Sep 22, 2011 11:54 pm by admin» العاب السباق للجيل الخامس العاب موبايل mobile-gamesThu Sep 22, 2011 11:53 pm by admin» تحميل لعبة Ultimate Alien Pinball للجيل الخامس | العاب نوكيا الجيل الخامس 2011 Thu Sep 22, 2011 11:51 pm by admin» لعبة المغامرات سوبر ماريو super mario باللغه العربيه .. لجميع الاجهزه . لعبة المغامرات سوبر ماريو super mario باللغه العربيه .. لجميع الاجهزه . لعبة المغامرات سوبر ماريو super mario باللغه العربيه .. لجميع الاجهزه Thu Sep 22, 2011 11:51 pm by admin» games gamesgames العاب ماك MAC 2011Thu Sep 22, 2011 11:47 pm by admin» الماك الالعاب العاب ماك للماك العاب روعه رائعه من العاب الماكThu Sep 22, 2011 11:46 pm by admin» العاب ماك مجموعة الماك من الالعاب المتنوعه Thu Sep 22, 2011 11:44 pm by admin» العاب ماك جميع العاب الماك تجد مجمعه غالبية العاب الماك Thu Sep 22, 2011 11:36 pm by admin» mobile gamesمركز ألعاب الماك مجموعة العاب مميزه للماك Thu Sep 22, 2011 11:35 pm by admin» Games iPad 2011Thu Sep 22, 2011 11:32 pm by admin» Games iPad : Fast Five the Movie: Official Game HDThu Sep 22, 2011 11:31 pm by admin» Games iPad : Fast Five the Movie: Official Game HDThu Sep 22, 2011 11:30 pm by admin» العاب ايباد مجموعة العاب ايباد العاب للايباد اخر موضه Games iPadThu Sep 22, 2011 11:29 pm by admin |
April 2024 | Mon | Tue | Wed | Thu | Fri | Sat | Sun |
---|
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | | | | | | Calendar |
|
Top posting users this week | |
| | Kagara buys copper zone at Mungana Goldmines’ Red Dome | |
| | Author | Message |
---|
admin Admin
Posts : 2302 Reputation : 0 Join date : 2010-12-20 Age : 46
| Subject: Kagara buys copper zone at Mungana Goldmines’ Red Dome Tue Mar 08, 2011 10:24 pm | |
| Kagara buys copper zone at Mungana Goldmines’ Red Dome PERTH (miningweekly.com)− ASX-listed Kagara has entered into an agreement with fellow-listed Mungana Goldmines to take ownership of the Red Dome copper zone, in Queensland, in return for a 4% net smelter royalty on all ore mined from the project area.
Mungana Goldmines initially identified the Red Dome copper zone, which includes a series of high-grade copper intersections, during its gold exploration-drilling programme.
In a statement to the market, the companies said that under the agreement, Mungana Goldmines would still have sole ownership of any mineralisation outside the copper area.
Kagara would reimburse Mungana Goldmines’ costs, which were incurred to date in the drilling of the Red Dome copper zone.
Kagara told shareholders that it would continue to aggressively delineate a resource and consider a decision to mine later in the year.
Once a decision to mine had been reached, it was anticipated that underground development would proceed from Kagara’s existing Mungana mine decline, which was around 2,8 km from the Red Dome area.
As part of the settlement, Kagara has also agreed to transfer the underground development and workings at Red Dome and the Mungana project to Mungana Goldmines, at no cost, once Kagara has completed mining.
Mungana Goldmines said that it would shift its focus to the 24-million ton potential openpit development at the Red Dome gold deposits.
The Red Dome project has a total resource of 2,5-million ounces of gold, 225 000 t of copper, and 32-million ounces of silver.
Mungana Goldmines was targeting a resource capable of sustaining a substantial, long-life gold mining operation at Red Dome, to produce more than 120 000 oz/y of gold.
| |
| | | | Kagara buys copper zone at Mungana Goldmines’ Red Dome | |
|
Similar topics | |
|
| Permissions in this forum: | You cannot reply to topics in this forum
| |
| |
| |
|