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Exploration News

Carrapateena drilling proves the point

By: Esmarie Swanepoel     Updated 1 hour 51 minutes ago A 2016 drilling programme at the Carrapateena copper/gold project, in Western Australia, has increased Oz Minerals’ confidence in the project. The drilling programme resulted in an updated mineral resource estimate of 134-million tonnes, grading 1.5% copper, 0.6 g/t gold and 6.5 g/t silver, with... 

MGX inks lithium brine accord with Sturgeon Lake oil & gas operator

By: Henry Lazenby     8th December 2016 Western Canada-focused project developer MGX Minerals has acquired rights to sample and analyse brine waters emitted from the Sturgeon Lake oilfield, in north-western Alberta for metallic mineralisation, the company reported Thursday. Under the agreement, MGX will be able to undertake water... 

Work starts on Exploring for the Future programme

By: Esmarie Swanepoel     8th December 2016 The Association of Mining and Exploration Companies (AMEC) has welcomed the federal government’s implementation of the A$100-million Exploring for the Future programme, which seeks to boost the productivity and competitiveness of the minerals sector. Resources and Northern Australia Minister... 

Work starts on Exploring for the Future programme

Metro partners up in Myanmar

By: Esmarie Swanepoel     8th December 2016 ASX-listed Metro Mining has signed a farm-in agreement with PanAust over its Mahar San exploration project, in Myanmar. Under the agreement PanAust will have the exclusive option to explore the project for one year, in exchange for funding all operating costs, including an agreed drilling... 

Sarama appoints veteran accountant as CFO

By: Henry Lazenby     7th December 2016 West Africa-focused gold explorer Sarama Resources has appointed 30-year certified practising accountant Lui Evangelista as its CFO, replacing Nick Longmire who has resigned to pursue personal interests. Evangelista brings 30-years’ experience to the position, and president and CEO Andrew Dinning... 

Chile rejects attempt to block modified Barrick mine project

By: Reuters     7th December 2016 Chile has rejected an attempt by local communities to block modifications needed to keep Barrick Gold's controversial Pascua Lama project alive, a resolution by the ministerial committee involved showed on Wednesday. The Pascua Lama gold and silver project, which straddles the border of... 

Indaba invaluable, time-efficient industry barometer – previous delegates

By: Nadine James     5th December 2016 Considered the preferred deal-making platform for mining in Africa, the Investing in African Mining Indaba – scheduled to run from February 6 to 9, in Cape Town – offers invaluable networking opportunities and informative discussions and presentations, contributing to the success of African... 

Indaba invaluable, time-efficient industry barometer – previous delegates
TIME IS MONEY The Mining Indaba is the most time-efficient way of gaining insight into African mining

Australian exploration shows signs of life

By: Esmarie Swanepoel     5th December 2016 Total mineral exploration spend increased by 0.6% during the September quarter, to A$349.2-million, with Western Australia pushing the trend, delivering a 1.9% increase in exploration spend. New data from the Australian Bureau of Statistics (ABS) on Monday revealed that the seasonally adjusted... 

Australian exploration shows signs of life

Kirkland Lake executive appointed CEO of Treasury Metals

By: Henry Lazenby     2nd December 2016 TSX-listed Treasury Metals has appointed former Kirkland Lake Gold executive Chris Stewart president and CEO, effective December 5, the company announced Thursday. Stewart, who has more than 24 years of diversified experience in the mining industry, will lead the company's transition through the... 

Aus company grows share in DRC project

     2nd December 2016 ASX-listed minerals company Regal Resources has entered into an unconditional agreement with joint venture partner, Democratic Republic of Congo- (DRC-) registered La Generale Industrielle et Commerciale au Congo (GICC), to acquire from it additional shares in Kalongwe copper project’s holding... 

Aus company grows share in DRC project
KALONGWE ORE Kalongwe hosts a near-surface resource of 302 000 t copper and 42 000 t cobalt as predominantly oxide ore

Importance of artisanal mining increases in DRC

     2nd December 2016 The stagnation of the formalised mining sector in the Democratic Republic of Congo (DRC) has led to an increase in artisanal mining activity, says the mining representative body DRC Chamber of Mines (CoM). “Artisanal mining in the DRC has become a widespread activity of significant economic... 

Importance of  artisanal mining increases in DRC
SUBSISTENCE MINING Artisanal mining in the DRC has become a widespread activity of significant economic importance

Kamoa-Kakula PEA to be completed by year-end

     2nd December 2016 Canadian miner Ivanhoe Mines subsidiary Kamoa Copper SA has retained Australian consultancy OreWin to prepare a preliminary economic assessment (PEA) for the development of the Kakula deposit in the Democratic Republic of Congo (DRC). The PEA is expected to be completed before the end of the... 

Kamoa-Kakula PEA to be completed by year-end
GOOD TIDINGS Ivanhoe reported excellent metallurgical results from tests conducted on drill core samples from the Kakula discovery

Zambian copper industry must be prepared for future upswing

     2nd December 2016 While a low metal price environment necessitates that mining companies cut spending and reduce expansion, adopting an overly cautious approach will ensure that companies risk being unprepared when the upswing occurs, says global professional services firm Ernst & Young (EY). Being unprepared for... 

Zambian copper industry must be prepared for future upswing
Photo by Bloomberg
ON THE PRECIPICE Without new investment in improved productivity, Zambia’s mining industry will be unable to cash in on renewed global demand for copper

Crude pipeline approvals attract reaction straddling both sides of argument

By: Henry Lazenby     1st December 2016 Tuesday's approval by the federal Liberal government of Kinder Morgan’s C$6.8-billion Trans Mountain Expansion (TMX) project and Enbridge’s C$7.5-billion Line 3 Replacement project has drawn equally strong praise and criticism from Canadian business and civic organisations. Gathering almost... 

Crude pipeline approvals attract reaction straddling both sides of argument
Photo by Reuters
Protesters walk down Robson Street in opposition to Canada's decision to approve Kinder Morgan's pipeline from the Alberta oil sands to the Pacific coast, in Vancouver

Namibia Rare Earths files mining licence application for Lofdal

By: Henry Lazenby     30th November 2016 Heavy rare earth elements project developer Namibia Rare Earths has filed an application with the Namibian Mines and Energy Ministry for a mining licence for its Lofdal project, the company reported Wednesday. Since releasing its preliminary economic assessment (PEA) in November 2014, the company... 

WA govt funds more drilling

By: Esmarie Swanepoel     30th November 2016 The Western Australian government has allocated a further A$4.75-million under round 14 of the Exploration Incentive Scheme’s (EIS's) co-funded drilling programme. Mines and Petroleum Minister Sean L’Estrange said that 42 projects would share in the funding. 

WA govt funds more drilling

Angkor buys back 2.5% Cambodian project NSR

By: Henry Lazenby     30th November 2016 Cambodia-focused explorer Angkor Gold has agreed to an all-scrip buyback of a 2.5% net smelter return (NSR) royalty sold to investors in 2014, at 130% of its original $875 000 price. The TSX-V-listed company had in May 2014 sold 2.5% of the company’s 7.5% NSR to come from Mesco Gold (Cambodia) on... 

Critical Elements welcomes lithium bigwig as president

By: Henry Lazenby     30th November 2016 Quebec-based lithium/tantalum project developer Critical Elements has appointed former Rockwood Lithium senior executive Dr Steffen Haber as its president effective January 1, 2017. Haber is a well-known figure in the lithium industry, having been CEO and president of Rockwood Lithium up until it... 

Capital expenditure to continue downward trend

By: Henry Lazenby     29th November 2016 Despite a modestly more buoyant outlook for key metal prices, mining capital expenditures (capex) are expected to continue on a downward slide over the next three years as miners seek further cost cuts and to improve operational margins, according to analysis by Fitch Group research arm BMI.... 

Capital expenditure to continue downward trend

American Lithium to start Clayton Valley drill campaign in January

By: Henry Lazenby     29th November 2016 Following receipt of regulatory approvals, junior explorer American Lithium will in January start drilling campaigns on two of its Nevada-based properties in the prospective and lithium-rich Clayton Valley district. The TSX-V-listed firm, which recently announced that it had consolidated a... 

Altura looks for lithium on Kairos land

By: Esmarie Swanepoel     28th November 2016 ASX-listed Altura Mining and fellow-listed Kairos Minerals have reached an agreement giving Altura exclusive rights to explore for lithium at the Wodgina East project, in Western Australia. Kairos’s Wodgina East project is located some 15 km from Altura’s own Pilgangoora lithium project. 

Emerging phosphate miner gains momentum, aims to ‘change’ mining perception

By: Natasha Odendaal     25th November 2016 Emerging miner Kropz is working to change the perception of mining and become the new industry benchmark through the responsible operation and rehabilitation of the  Elandsfontein phosphate mine, near Saldanha Bay. The R1.35-billion Western Cape-based mine, a 70:30 joint venture between Kropz and... 

Drone solution offers built-in compliance features

By: Simone Liedtke     25th November 2016 Mining companies need to be able to track their daily operations and have full visibility of their sites in real time without having to worry about putting in place time-consuming administrative systems to comply with the complex regulatory regimen for commercial drones, says commercial drone... 

Drone solution offers  built-in compliance features
REAL-TIME VIEW By accelerating a previously manual process, we are giving quarry operators real-time visibility across their sites

Interest in diamond exploration testing persists

By: Simone Liedtke     25th November 2016 Mining industry consultancy The MSA Group says the significant increase in cost-estimate requests it has received for diamond exploration testing this year is continuing. 

Interest in diamond exploration testing persists
HELPFUL HAND MSA advises its clients on how to cost-effectively approach their project to make an informed decision on a project’s viability before embarking on more expensive bulk sampling

Mining boom will highlight geology degree shortage

By: Simone Liedtke     25th November 2016 Should we enter another mining boom, there may not be enough universities offering bachelor degrees in geology to meet the industry’s subsequent demand for geological services, says mining software solutions provider MICROMINE technical product manager Frank Bilki. 

Mining boom will highlight geology degree shortage
GEOLOGY FIELDWORK Good fieldwork is critical to the success of early exploration and it is vital that exploration companies hire competent geologists.

R10-million laboratory commissioned in DRC

By: Simone Liedtke     25th November 2016 Turnkey laboratory solutions provider Tramecon has commissioned the R10-million Kinsenda laboratory, a project headed by midtier mining group Metorex, near the border town of Kasumbalesa, in the Democratic Republic of Congo (DRC). 

R10-million laboratory commissioned in DRC
CONTAINERISED SOLUTION The Kinsenda laboratory project involved the design, supply, installation and commissioning of a containerised laboratory facility

Regulatory certainty could boost industry growth in Africa

By: Victor Moolman     25th November 2016 African oil and gas extraction operations are dealing with the effects of a lower oil price – at $46.90/ bl as opposed to $139.05/bl in 2008 – high operational costs because of accessibility, the slowdown in economic activity and, consequently, lower oil and gas demand. 

Regulatory certainty could boost industry growth in Africa
Photo by Bloomberg
TECHNOLOGICAL ADVANCES New technology will help oil and gas development throughout Africa

Tramecon

By: Creamer Media Reporter      25th November 2016 Turnkey laboratory solutions provider Tramecon services mining projects worldwide from its wholly owned Randburg facility, comprising two mini factories covering 400 m2. The company further supplies South Africa-based product logistics monitoring for a Democratic Republic of Congo (DRC) client... 

Tramecon

Wealth formalises Atacama lithium project option

By: Henry Lazenby     24th November 2016 Vancouver-based lithium exploration junior Wealth Minerals has formalised an option agreement with Atacama Lithium giving it the exclusive right and option to acquire a 100% royalty-free interest in 144 exploration concessions referred to as the Proyecto Atacama lithium project, located in the... 

Orocobre takes 31% Advantage stake as activity in South America’s lithium triangle heats up

By: Henry Lazenby     23rd November 2016 Investment activity in South America’s so-called ‘lithium triangle’ salt flats, or salars, is heating up with the announcement Wednesday that lithium producer Orocobre has signed a letter of intent (LoI) to acquire 31% of Advantage Lithium, in a deal valued at about $33-million. In return,... 

Orocobre takes 31% Advantage stake as activity in South America’s lithium triangle heats up
Photo by Orocobre
Olaroz, Argentina

DMR appointment causes concern

By: Martin Creamer     23rd November 2016 Mineral Resources Minister Mosebenzi Zwane has controversially made a key appointment within the Department of Mineral Resources (DMR) on the grounds that it is only temporary.   Earlier this month, the Democratic Alliance (DA) Shadow Minister of Mineral Resources, James Lorimer MP, requested... 

DMR appointment causes concern
DA Shadow Minister of Mineral Resources James Lorimer MP

European Metals increases Cinovec resource by 420%

By: Esmarie Swanepoel     23rd November 2016 ASX-listed junior European Metals has reported a 420% increase in the indicated lithium resource at its Cinovec project, in the Czech Republic. The indicated resource increased to 2.6-million tonnes lithium carbonate equivalent, contained in 232.8-million tonnes, grading 0.45% lithium oxide. The... 

Venture ventures into nickel and copper

By: Esmarie Swanepoel     23rd November 2016 ASX-listed Venture Minerals has entered into a joint venture (JV) with a private group to earn up to a 90% interest in the Caesar nickel/copper project, in Western Australia. Venture will pay owner Muggon Copper an initial A$25 000 in cash and A$25 000 in shares upon the signing of a heads of... 

Newcrest continues to hunt at Topacio

By: Esmarie Swanepoel     23rd November 2016 Gold major Newcrest has agreed to fund initial drill testing of priority targets at the Rebeca_Sahino zone, at the Topacio gold project, in Nicaragua. ASX-listed Oro Verde told shareholders on Wednesday that Newcrest’s decision followed the successful completion of the Stage 1 exploration... 

Diamcor reports ‘excellent progress’ at Krone-Endora project

By: Ilan Solomons     18th November 2016 South Africa-focused diamond producer Diamcor Mining continues to make “excellent progress” at its Krone-Endora at Venetia diamond project in Limpopo. The Canadian-headquartered company’s 5 888 ha Krone-Endora project is located directly adjacent to De Beers’ flagship Venetia diamond mine and its... 

Diamcor reports ‘excellent progress’ at Krone-Endora project
KRONE-ENDORA, DRY-SCREENING PLANT The project is opencast, employing low-cost strip-mining methods and has the potential for an initial 15-year operational lifespan

Mining promoted before protection of communities

By: Nadine James     18th November 2016 Many of the deficits pertaining to the implementation of social and labour plans (SLPs) reflect a legal regime established by the Mineral and Petroleum Resources Development Act (MPRDA) that, despite defined transformative objectives, primarily targets the promotion of mining activity rather than... 

Mining promoted before protection of communities
Photo by Reuters
LIVING IN MINING"S SHADOW Despite attempts to ensure that communities benefit from mining activity, the legislation surrounding social and labpur plans is flawed and skewed in the mining company's favor

Software solution enhances compliance, reduces costs

By: Nadine James     18th November 2016 The social and labour plan (SLP) management solution from governance, risk and compliance (GRC) software company IsoMetrix ensures increased compliance with the Mining Charter, the Mineral and Petroleum Resources Development Act (MPRDA) and the Department of Mineral Resources’ (DMR’s) SLP... 

Software solution enhances compliance, reduces costs
DASHBOARD CONFESSIONALS IsoMetrix's Social and Labour Plan Management solution includes several dashboards that provide real-time data for informed decision-making.

Pure Energy hits lithium brines in Clayton Valley drill campaign

By: Henry Lazenby     17th November 2016 Canadian lithium explorer Pure Energy Minerals plans to collect new brine samples for lithium analysis and integrate that data into its existing inferred lithium brine resource through its current drill programme at the Clayton Valley South (CVS) project, in Nevada. The Vancouver-based public... 

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