Nexus Gold Corp. has reported that drilling has commenced at its 38-sq km Bouboulou gold concession. Bouboulou is located approximately 75 kilometres northwest of the capital Ouagadougou, on the Boromo-Goren greenstone belt, and is bisected by the Sabce shear zone
Mining
Mooncor Oil & Gas has entered into a binding letter of intent for Namibia project
Mooncor Oil & Gas Corp. has announced that it has entered into a binding letter of intent dated 29 May 2017 with an arms length third party whereby Mooncor will acquire an undivided 50 per cent interest in a silver-Zinc project in Germany and a silver-copper-fluorite project in Namibia, collectively with the German project
Violence in Central African Republic diamond mining hub, UN sends troops to tackle
The United Nations plans to send additional peacekeeping forces to Bangassou, a diamond-mining town in Central Africa with 35,000 inhabitants, to tackle raising violence in the city that causes human right violations
Integrated pump rental secures contract at DRC copper mine
Integrated Pump Rental, in JV with EC mining, secured the contract to desilt four acid ponds at a copper mine in the DRC
Norilsk Nickel issue legal proceedings against Botswana government
Norilsk Nickel has served notice that it intends to commence legal proceedings in Botswana against the Government of Botswana in respect of its involvement in the reckless trading of BCL Limited and BCL Investments Proprietary Limited (BCL), with a view to recovering the US$271mn (plus damages and other costs) that they are owed in relation to the sale of a 50 per cent interest in the Nkomati mine in South Africa and the US$6.4mn they are owed in relation to the sale of the Tati mine in Botswana