Mining software firm eyeing more business opportunities across Africa

International mining consulting company Snowden has increased its focus on the South African market, and aims to considerably expand its African market footprint in the coming year.

Lake Shore will raise C$100m for Timmins projects

TSX-listed Lake Shore Gold has unveiled plans to sell almost 22-million shares to raise C$100-million for development of its projects in Timmins, Ontario. Earlier this month, Lake Shore acquired junior West Timmins Mining, adding to its footprint...

Impact says large uranium area identified at Botswana prospect

ASX-listed uranium gold and nickel explorer Impact Minerals has reported that a soil geochemistry programme at its Lekobolo uranium prospect, in Botswana, has defined a large area of up to 16 km long and 7 km wide that contained elevated...

UraniumSA plans to start production by end-2011

Emerging uranium developer UraniumSA on Wednesday reported that it has set an objective to produce maiden ore by end of 2011, from one of the South Australia’s most recent uranium discoveries. The ASX-listed company stated that it anticipated...

Adelaide doubles exploration spend on Northern Territory project

Australian explorer Adelaide Resources on Tuesday stated that it was likely to double its projected spend on a key gold/copper exploration project to more than A$3-million, under an accelerated campaign. The decision to increase the spend up from...

Red Back boosts Tasiast resource again

Vancouver-based Red Back Mining has announced another increase in the mineral resources at its Tasiast gold mine, in Mauritania, this time by 20%. The measured and indicated resource at Tasiast has grown by around 890 000 oz, to 5,37-million...

Navigator seeks to raise A$21,6m in rights issue

Emerging mid-tier miner Navigator Resources has undertaken a fully-underwritten rights issue to raise A$21,6-million. The rights issue offered one new share, as well as one-half of a free attaching option for every one share held, at an issue...

Azumah starts drilling at Ghana’s Wa gold project

West Africa-focused Azumah Resources has started drilling at the Wa gold project, in Ghana, the company reported on Thursday. The 41 000-m drilling campaign, which would consist of about 19 000 m of reverse circulation, 21 000 m of aircore and 1...