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By: Esmarie Swanepoel Updated 1 hour 14 minutes ago ASX-listed developer Kin Mining on Friday announced the potential of a near-term production opportunity at its recently acquired Leonora gold project, in Western Australia. The company told shareholders that following the interrogation of the Leonora database, the company has identified... →
By: Esmarie Swanepoel Updated 3 hours ago Uranium developer Vimy Resources, previously known as Energy and Minerals Australia, has reported a 60% increase in the resource estimate at Princess deposit, at its Mulga Rock uranium project in Western Australia. The Princess deposit is now estimated to host a resource of 3.8-million tonnes,... →
By: Esmarie Swanepoel Updated 3 hours ago Iron-ore miner BC Iron and fellow-listed Mineral Resources have amended the terms of the existing Iron Valley iron-ore sales agreement, in an effort to negate the declining market conditions. Mineral Resources signed the initial Iron Valley agreement with Iron Ore Holdings (IOH) in February last... →
By: Esmarie Swanepoel Updated 4 hours ago Oil and gas major Santos has secured an additional $1-billion bilateral bank loan facility, to enhance the company’s liquidity profile and financial flexibility. CFO Andrew Seaton said that the new three-year facility further strengthened the company’s conservative liquidity profile. →
By: Esmarie Swanepoel Updated 4 hours ago Junior gold developer Blackham Resources was hoping to start production at its 4.4-million ounce Matilda project, in Western Australia, by the end of 2015, pending financing. The company reported on Friday that discussions were ongoing with a number of potential funders which have expressed... →
By: Reuters Updated 6 hours ago Peru approved the environmental study for Southern Copper's $1.2-billion expansion of its Toquepala mine, a project expected to raise copper output by 100 000 t/y, the government said on Thursday. Construction on the expansion, which will add a new concentrator at the mine and boost its tailings... →
By: Henry Lazenby Updated 6 hours ago Saskatchewan-focused potash project developer Karnalyte Resources on Thursday said it had received a shareholder-meeting requisition from company founder, former president, CEO and director Robin Phinney. TSX-listed Karnalyte said the board was asked to call a special shareholder meeting to... →
By: Henry Lazenby Updated 7 hours ago The chief inspector of mines for British Columbia has approved an amendment to the Mount Polley Mine Corporation Mines Act permit to allow the company to start repairs of the breach in its tailings storage facility dam. The repair work was part of the long-term remediation plan for the area... →