Verde Resources (VRDR) 0.5700 $VRDR
Verde Resources Updates on Rare Earth Development
GlobeNewswire - Wed Jul 09, 9:17AM CDT
via PRWEB - Verde Resources, Inc. (OTCQB:VRDR) is pleased to report that it has initiated preliminary assessment on the potential of rare earth deposits in several countries in the South East Asia region. Verde's in-house engineering and technical team has engaged on an information-gathering exercise to analyze and determine the composition and economic viability of the current resources at potential sites that include Malaysia, Vietnam and Cambodia. Mr. M.D. Wu, President of Verde Resources, said, "The information gathered during the exploration phase will enable us to estimate the size and value of the deposit, and therefore, the commercial viability of the mine." SRK Consulting has also been engaged to assist Verde Resources with technical guidance for exploration and independent feasibility evaluation.
Verde Resources Expects Production To Hit 300 Gold Ounces Per Month in the Second Half of 2014
PRWeb - Sun Jun 29, 4:54AM CDT
Verde Resources, Inc. (OTCQB: VRDR) expects production to hit 300 gold ounces monthly for the second half of 2014. The projection follows current installation and modification works on three additional production plants which are proceeding on time. With three additional production plants in operation, the alluvial production facility will have a total 1,500 tons per day of ore processing capacity. This would be about twice the current average rate of ores processed for the five-month period between January and May of 2014, thereby providing opportunity for the Company to meet its annual production target for 2014.
Verde Resources anticipates gold production to rise to 300 gold ounces per month in second half of 2014
M2 - Wed Jun 25, 7:12AM CDT
Mining company Verde Resources (OTC BB:VRDR) said on Tuesday that its technical team expects production to increase to 300 gold ounces per month for the second half of 2014.
Engagement of Borneo Oil And Gas Corporation Sdn Bhd as Sub-Contractor for Site IV-1 of the Merapoh Mine
GlobeNewswire - Mon Mar 24, 10:30AM CDT
via PRWEB - Verde Resources, Inc. (OTCQB: VRDR), through its deemed subsidiary Champmark Sdn Bhd (CSB), has engaged Borneo Oil And Gas Corporation Sdn Bhd (BOG) as the sub-contractor to carry out exploration and exploitation works on alluvial and lode gold resources at Site IV-1 of the Merapoh Mine in Pahang, Malaysia. The Sub-Contract Agreement is for a period of 5 years with a renewal for another 5 years subject to review by both parties.
Verde Resources Signs Memorandum of Understanding with Companies in Cambodia and Vietnam on Rare Earth Mining
GlobeNewswire - Tue Mar 04, 8:06AM CST
via PRWEB - Verde Resources, Inc. (OTCQB: VRDR) announced it has signed Memorandum Of Understanding (MOU) with Black Stallion Mining Group Ltd (BSM) and Phu Duc Mineral Joint Stock Company (PDM) to cooperate in the prospecting and development of rare earth resources. BSM is located in Cambodia and PDM in Vietnam, with both have existing mining operations in their respective countries. BSM and PDM are highly experienced in mine planning and operations management, providing Verde Resources highly valuable partnership opportunities.
Student Attendance Management Systems Provide Solution to Hit Government Targets for UK Universities
M2 - Fri Feb 14, 7:51AM CST
BQuSAMS to quickly add value in gathering attendance and engagement data, collating and processing them in real time, saving hundreds of hours of staff efforts.
Verde Resources, Inc Enters into Discussion with Several Mining Companies for Potential Collaboration on Rare Earth Resources
PRWeb - Thu Feb 13, 7:20AM CST
Verde Resources, Inc. (OTCQB: VRDR) is currently in discussion with several mining companies for potential collaboration to carry out exploration and exploitation works on rare earth resources in Southeast Asia regions.
Verde Resources Updates on Production Expansion Plan And Lode Gold Exploration Results
GlobeNewswire - Wed Jan 22, 8:28AM CST
via PRWEB - Verde Resources, Inc. (OTCQB:VRDR) is pleased to provide an update on the expansion plan to ramp up gold production at Site IV-1 of the Merapoh Mine in Pahang, Malaysia. The Company is currently building the new production facility that is expected to begin operation in the next two quarters of 2014. Based on the analysis of mining operation data, the Company is working to optimize the processing plants to best suit the geophysical structure of the deposits. The Company is expecting to run a total of seven production plants with the addition of heavy machineries to support the ramp up production in the next two quarters. Verde Resources is making every effort to be on target to meet the production forecast of 3,600 gold ounces for 2014 with a target yield of $4.5M, based on an average gold price of $1,250 per ounce. This would be an increase from 2013 by nearly 260% and the Company is planning to further increase the production by almost 180% to a projected 10,000 gold ounces by 2015.
Tesoro Minerals Corp. Appoints John Gray as Chief Operating Officer
Marketwire - Tue Jan 14, 12:11PM CST
Tesoro Minerals Corp. (the "Company"
(TSX VENTURE: TES) is pleased to announce that it has appointed John Gray as its new Chief Operating Officer.
Verde Resources To Commence Merapoh Rare Earth Exploration With SRK Consulting
PRWeb - Wed Jan 08, 8:14AM CST
Verde Resources, Inc. (OTCQB: VRDR) is looking to become part of the growing multibillion-dollar rare earth element industry. The Company is ready to commence exploration at their highly prospective rare earth elements Merapoh Mine and has engaged SRK Consulting to guide the exploration and independent feasibility evaluation. The evaluation report will be done to bankable standards accepted by financial institutions worldwide.
Verde Resources Updates on Rare Earth Development
GlobeNewswire - Wed Jul 09, 9:17AM CDT
via PRWEB - Verde Resources, Inc. (OTCQB:VRDR) is pleased to report that it has initiated preliminary assessment on the potential of rare earth deposits in several countries in the South East Asia region. Verde's in-house engineering and technical team has engaged on an information-gathering exercise to analyze and determine the composition and economic viability of the current resources at potential sites that include Malaysia, Vietnam and Cambodia. Mr. M.D. Wu, President of Verde Resources, said, "The information gathered during the exploration phase will enable us to estimate the size and value of the deposit, and therefore, the commercial viability of the mine." SRK Consulting has also been engaged to assist Verde Resources with technical guidance for exploration and independent feasibility evaluation.
Verde Resources Expects Production To Hit 300 Gold Ounces Per Month in the Second Half of 2014
PRWeb - Sun Jun 29, 4:54AM CDT
Verde Resources, Inc. (OTCQB: VRDR) expects production to hit 300 gold ounces monthly for the second half of 2014. The projection follows current installation and modification works on three additional production plants which are proceeding on time. With three additional production plants in operation, the alluvial production facility will have a total 1,500 tons per day of ore processing capacity. This would be about twice the current average rate of ores processed for the five-month period between January and May of 2014, thereby providing opportunity for the Company to meet its annual production target for 2014.
Verde Resources anticipates gold production to rise to 300 gold ounces per month in second half of 2014
M2 - Wed Jun 25, 7:12AM CDT
Mining company Verde Resources (OTC BB:VRDR) said on Tuesday that its technical team expects production to increase to 300 gold ounces per month for the second half of 2014.
Engagement of Borneo Oil And Gas Corporation Sdn Bhd as Sub-Contractor for Site IV-1 of the Merapoh Mine
GlobeNewswire - Mon Mar 24, 10:30AM CDT
via PRWEB - Verde Resources, Inc. (OTCQB: VRDR), through its deemed subsidiary Champmark Sdn Bhd (CSB), has engaged Borneo Oil And Gas Corporation Sdn Bhd (BOG) as the sub-contractor to carry out exploration and exploitation works on alluvial and lode gold resources at Site IV-1 of the Merapoh Mine in Pahang, Malaysia. The Sub-Contract Agreement is for a period of 5 years with a renewal for another 5 years subject to review by both parties.
Verde Resources Signs Memorandum of Understanding with Companies in Cambodia and Vietnam on Rare Earth Mining
GlobeNewswire - Tue Mar 04, 8:06AM CST
via PRWEB - Verde Resources, Inc. (OTCQB: VRDR) announced it has signed Memorandum Of Understanding (MOU) with Black Stallion Mining Group Ltd (BSM) and Phu Duc Mineral Joint Stock Company (PDM) to cooperate in the prospecting and development of rare earth resources. BSM is located in Cambodia and PDM in Vietnam, with both have existing mining operations in their respective countries. BSM and PDM are highly experienced in mine planning and operations management, providing Verde Resources highly valuable partnership opportunities.
Student Attendance Management Systems Provide Solution to Hit Government Targets for UK Universities
M2 - Fri Feb 14, 7:51AM CST
BQuSAMS to quickly add value in gathering attendance and engagement data, collating and processing them in real time, saving hundreds of hours of staff efforts.
Verde Resources, Inc Enters into Discussion with Several Mining Companies for Potential Collaboration on Rare Earth Resources
PRWeb - Thu Feb 13, 7:20AM CST
Verde Resources, Inc. (OTCQB: VRDR) is currently in discussion with several mining companies for potential collaboration to carry out exploration and exploitation works on rare earth resources in Southeast Asia regions.
Verde Resources Updates on Production Expansion Plan And Lode Gold Exploration Results
GlobeNewswire - Wed Jan 22, 8:28AM CST
via PRWEB - Verde Resources, Inc. (OTCQB:VRDR) is pleased to provide an update on the expansion plan to ramp up gold production at Site IV-1 of the Merapoh Mine in Pahang, Malaysia. The Company is currently building the new production facility that is expected to begin operation in the next two quarters of 2014. Based on the analysis of mining operation data, the Company is working to optimize the processing plants to best suit the geophysical structure of the deposits. The Company is expecting to run a total of seven production plants with the addition of heavy machineries to support the ramp up production in the next two quarters. Verde Resources is making every effort to be on target to meet the production forecast of 3,600 gold ounces for 2014 with a target yield of $4.5M, based on an average gold price of $1,250 per ounce. This would be an increase from 2013 by nearly 260% and the Company is planning to further increase the production by almost 180% to a projected 10,000 gold ounces by 2015.
Tesoro Minerals Corp. Appoints John Gray as Chief Operating Officer
Marketwire - Tue Jan 14, 12:11PM CST
Tesoro Minerals Corp. (the "Company"
(TSX VENTURE: TES) is pleased to announce that it has appointed John Gray as its new Chief Operating Officer. Verde Resources To Commence Merapoh Rare Earth Exploration With SRK Consulting
PRWeb - Wed Jan 08, 8:14AM CST
Verde Resources, Inc. (OTCQB: VRDR) is looking to become part of the growing multibillion-dollar rare earth element industry. The Company is ready to commence exploration at their highly prospective rare earth elements Merapoh Mine and has engaged SRK Consulting to guide the exploration and independent feasibility evaluation. The evaluation report will be done to bankable standards accepted by financial institutions worldwide.
