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By: Mariaan Webb Updated 15 minutes ago US precious metals miner Allied Nevada Gold has lowered the cost of the first phase of its Hycroft mill expansion project by reviewing the construction sequence of infrastructure and other components. The company said on Wednesday that it could begin operation of the first line of the mill for a... →
By: Leandi Kolver Updated 24 minutes ago African Barrick Gold (ABG) shareholders on Wednesday voted in favour of the company’s proposed name change to Acacia Mining, with the new name to come into effect on Thursday. ABG earlier this month explained that its core objective was to develop a business that was recognised as a leading... →
By: Creamer Media Reporter Updated 32 minutes ago Cartesian Capital Group has made a $10-million strategic investment in project developer IC Potash (ICP) subsidiary Intercontinental Potash Corp USA (ICPUSA), which owns the Ochoa sulphate of potash project, in New Mexico. Cartesian had acquired 500 000 class A preferred shares of ICPUSA at a... →
By: Leandi Kolver Updated 35 minutes ago South Africa’s investment in coal-related research and development (R&D) was inadequate, given the fact that coal would continue to dominate the country’s energy supply for the foreseeable future, a recent study by the Academy of Science of South Africa (ASSAf) showed. In its study, titled ‘The... →
By: Creamer Media Reporter Updated 1 hour 24 minutes ago SGS South Africa has completed a metallurgical study on Namibia-focused uranium explorer Forsys Metals’ Norasa project, which comprises the Valencia and Namibplaas projects. The metallurgical study was a major component of the feasibility study (FS) for the project, which was being prepared by... →
By: Anine Vermeulen Updated 1 hour 26 minutes ago Botswana should focus on establishing a diamond sector that was second to none, President Ian Khama said during the thirteenth Confederation of Commerce, Industry and Manpower in Maun, this week. He noted that the relocation of diamond aggregation and sales to Gaborone, as well as the development... →
By: Leandi Kolver Updated 1 hour 28 minutes ago The definitive feasibility study (DFS) for Aim-listed North River Resources’ Namib lead/zinc/silver mine, in Namibia, has confirmed that the project is technically low risk and economically robust, the company said on Wednesday. It added that a strong after-tax internal rate of return of more... →
By: Leandi Kolver Updated 1 hour 47 minutes ago International Ferro Metals (IFM) on Wednesday announced that the Section 54 notice for its two ferrochrome furnaces and pelletiser has successfully been lifted following a meeting with the Department of Mineral Resources. The Section 54 notice had been issued last week following a health and... →