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Stellar to start Baoulé diamond sales before year-end

By: Creamer Media Reporter      Updated 2 minutes ago West Africa-focused diamond development company Stellar Diamonds expects to start selling diamonds from its Baoulé trial mining project, in Guinea, before the end of this year. The miner had completed the processing of the first kimberlite sample from the project, following the successful... 

Iron ore flood leaves little wriggle room for minnow Atlas

By: Reuters     Updated 7 minutes ago A flood of low-cost iron ore is driving tiny Australian miner Atlas Iron to its break-even point, underscoring the pain inflicted by a ramp-up in output by mega-producers Rio Tinto and BHP Billiton. Atlas, which raced into production half a decade ago when iron ore prices were booming on the... 

WA enviro approval clears rare earths project for development

By: Esmarie Swanepoel     Updated 19 minutes ago he Western Australian government has given environmental approval for ASX-listed Northern Minerals to develop its Browns Range heavy rare earths project. The environmental clearance marked the completion of the Browns Range project’s primary environmental assessment process. 

Newcrest to wrap up Wafi-Golpu study by year-end

By: Esmarie Swanepoel     Updated 30 minutes ago Gold major Newcrest is hoping to complete an updated prefeasibility study on its Wafi-Golpu joint venture, in Papua New Guinea, by the end of 2014, the Australian company reported on Tuesday. The project, which is being developed with South Africa’s Harmony Gold and comprises the Golpu and Wafi... 

Balamara consolidates Mariola ownership in A$13m deal

By: Esmarie Swanepoel     Updated 34 minutes ago ASX-listed junior Balamara Resources on Tuesday announced a A$13-million all-scrip deal to consolidate the ownership of the Mariola thermal coal project, in Poland. Under the terms of the transaction, Balamara would issue 200-million of its own shares, or similar, to acquire the remaining 85% of... 

Australian horse breeders halt Anglo American coal expansion plans

By: Esmarie Swanepoel     Updated 55 minutes ago The New South Wales Planning Assessment Commission (PAC) has refused diversified major Anglo American’s application to develop the Drayton South mine, claiming it would negatively affect the Coolmore and Dudley horse breeding studs. The Drayton mine has been in operation since 1983 and produces... 

Australian horse breeders halt Anglo American coal expansion plans

Havilah gets go-ahead for Portia development

By: Esmarie Swanepoel     Updated 1 hour 1 minute ago Junior Havilah Resources has been granted approval by the South Australian government to start mining at its Portia gold project. The ASX-listed Havilah told shareholders on Tuesday that the Department of State Development had approved the programme for environmental protection and... 

Andy Well delivers strong quarter for Doray

By: Esmarie Swanepoel     Updated 1 hour 11 minutes ago Gold production from the Andy Well operation, in Western Australia, has remained steady during the three months to September, with the project operating to expectations, owner Doray Minerals reported on Tuesday. During the first quarter under review, gold production at Andy Well reached 18 265... 


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