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Creamer Media Reporter

Ivanhoe reports ‘unprecedented’ copper intersection in the DRC

31st January 2019 The Kamoa North prospect area has delivered an “unprecedented” 22.3-m intersection of 13.05% copper in a thick, flat-lying deposit, sending Canada’s Ivanhoe Mines share price up 10% on the TSX on Wednesday. The new drill hole at the Democratic Republic of Congo-based project includes grades of... 

New from Weidmuller: an end-to-end energy condition monitoring solution

30th January 2019 Weidmuller introduces a new portfolio of selected energy monitoring components for energy consumption measurement, monitoring and integrated quality analysis of electrical supply networks. Designed for production facilities both large and small, Weidmuller’s modular and scalable solution provides... 

Kapan boosts Chaarat’s forecast output to 65Moz

30th January 2019 London-listed Chaarat has completed the $55-million acquisition of Kapan Mining and Processing from fellow-listed Polymetal International. Of the total consideration of $55-million, $10-million was settled on completion in convertible loan notes and $5-million was paid as a deposit in November.... 

Great Panther hikes Topia mineral resource

30th January 2019 Precious metals miner Great Panther Silver has announced a 28% increase in the measured and indicated mineral resource at the Topia mine, in Mexico, to nearly 15-million ounces of silver equivalent. Since its last mineral resource estimate four years ago, the measured and indicated mineral... 

Euro Manganese tables PEA for Czech tailings project

30th January 2019 Dual-listed Euro Manganese has announced the results of the preliminary economic assessment (PEA) of its Chvaletice manganese project, in Czech Republic, which shows the tailings project can operate for a quarter of a century, producing 1.19-million tonnes of high-purity electrolytic manganese... 

Inaugural Two-Day Meeting Signals Major Growth in Opportunities and Economic Ties between Canada and Africa

29th January 2019 The Canada–Africa Chamber of Business is pleased to announce the inaugural Canada-Africa Business Conference, taking place on 26 and 27 March 2019 in Gaborone, Botswana. Global Affairs Canada, comprising the Canadian government’s international and trade departments, is a leading partner at the... 

Shareholder props up cash-strapped Crusader

29th January 2019 Dual-listed Crusader Resources on Tuesday announced that shareholder Stephen Copulos had agreed to subscribe for an additional A$1-million worth of convertible notes to assist with the Brazil-focused junior’s immediate funding requirements. Crusader had until the end of this month to raise... 

Giyani secures $1m loan facility for Botswana projects

29th January 2019 Canadian junior exploration company Giyani Metals has signed a term sheet with Traxys Africa Trading for the provision of a $1-million convertible loan facility. TSX-V- and Frankfurt Stock Exchange-listed Giyani will use the funds to finance the development and operation of its K.Hill and Otse... 

Stornoway appoints VP of operations

29th January 2019 Quebec diamond miner Stornoway Diamond Corporation has appointed Patrick Sévigny to the position of VP for operations, effective immediately. With more than 25 years of experience in the sector, mining engineer Sévigny joined Stornoway in January 2015 as manager of mining operations at the... 

Lucara recovers 240 ct diamond at Karowe

28th January 2019 Lucara Diamond Corporation's Karowe mine, in Botswana, has yielded another significant find – a 240 ct top white gem diamond. It will be shown alongside the 127 ct, top white gem diamond recovered earlier this year, together with other exceptional diamonds recently recovered from Karowe at... 

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