Namibian Government addresses misconceptions on proposed mining stakes
The Ministry of Mines and Energy has confirmed that the Namibian Government has no intention of seizing any stake from existing mineral or petroleum license holders and remains committed to uphold the sanctity of existing contracts.
MCB Project receives Environmental Compliance Certificate
The issuance of the ECC enables the Company to move forward with obtaining a Mineral Production Sharing Agreement with the Philippine Government which would allow the Company to develop and operate the MCB Project.
Celsius Resources receives proposed acquisition by Silvercorp Metals; plans joint $5 million raise for MCB
Celsius Resources (ASX:CLA, AIM:CLA) is pleased to announce it has entered into a non-binding term sheet (“Term Sheet”) and a binding subscription agreement (“Subscription Agreement”) with Silvercorp Metals Inc., (“SVM” or “Silvercorp”) (TSX:SVM, NYSE:SVM) a Canadian-based mining company engaged in the acquisition, exploration, development and mining of mineral properties. Highlights Celsius Resources Limited has entered…
Celsius enters into agreement with local companies to progress MCB
Binding deed entered into with Sodor, Inc. to attain the required 60% Filipino legal ownership in Celsius’ wholly-owned subsidiary, MMCI.
WATCH: Peter Hume interviewed on Proactive Investors
CLA Executive Director Peter Hume discusses more shallow, high-grade gold and copper at MCB.
Celsius Receives Further Shallow High-Grade Copper-Gold Results
Assay results from three additional drill holes have all confirmed further extensions to the shallow, high-grade copper mineralisation at MCB.
MCB Project starts securing government approvals
HIGHLIGHTS We are pleased to announce that our Philippine subsidiary, Makilala Mining Company, Inc. (“MMCI”) has received interim Certificates of Approval from the Regional Mines and Geosciences Bureau (MGB) for our Five-Year Social Development and Management Program as well as our Care and Maintenance Program of the Maalinao-Caigutan-Biyog Copper-Gold Project (“MCB” or “the Project”). Both…