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Uranium Energy collects permits for Palangra expansion, Burke Hollow project

By: Henry Lazenby     Updated 4 hours ago US uranium producer and project developer Uranium Energy Corp (UEC) on Wednesday announced that it had received all required permits to produce uranium from new resource areas at the Palangana in situ recovery (ISR) mine, in Texas, after it had obtained a larger mine permit and aquifer exemption... 

Feasibility study finds Eldorado Gold’s Certej project a valuable low-cost asset

By: Henry Lazenby A new feasibility study on multinational miner Eldorado Gold’s western Romania-based Certej project has found that the now shovel-ready project was a boon to its low-cost asset base. The company’s subsidiary, Deva Gold, through which Eldorado owned an 80.5% stake in Certej, and an internal team... 

Feasibility study finds Eldorado Gold’s Certej project a valuable low-cost asset
Photo by Eldorado Gold
The historic Certej openpit, Romania.

Definition study enhances Unicorn business case, slashes capex – Dart

By: Mariaan Webb A project definition study of the Unicorn molybdenum, copper, silver and zinc project, in Victoria, has significantly improved the project definition and business case, ASX-listed Dart Mining reported on Wednesday. The company started a 15-month study of the project in March last year, following... 

Iamgold pays Sanatana more than $400 000 following failed easement application

By: Henry Lazenby Canadian explorer and project developer Sanatana Resources has received $403 189.86 from international gold producer Iamgold, who paid on behalf of subsidiary Trelawney Mining and Exploration, for the full costs awarded by the Ontario Mining and Lands Commissioner (MLC) regarding Trelawney's... 

Platinum project partners consolidate Waterberg JV, Extension projects

By: Henry Lazenby The joint venture (JV) partners of the South Africa-based Waterberg JV and the Waterberg Extension have agreed to consolidate the platinum projects into a unitised project area, following a firm $20-million funding commitment from JV partner Japan Oil, Gas and Metals National Corporation... 

Mungana teams up with Newcrest to explore North Queensland project

By: Esmarie Swanepoel Gold major Newcrest Mining would spend up to A$20-million over an eight-year period at ASX-listed Mungana Goldmines’ Chillagoe project, in North Queensland, under a newly signed exploration agreement. The two companies this week inked an agreement that required Newcrest to spend an initial... 

Tremont takes a bigger piece of Panda Hill

By: Esmarie Swanepoel Africa-focused Tremont Investments has increased its shareholding in the Panda Hill niobium project, in Tanzania, to 37.5%, project owner Cradle Resources said on Tuesday. Tremont invested $5-million to acquire a further 12.5% stake in the project, bringing its investment in the Panda Hill... 

Greenland Minerals & Energy reports compelling Kvanefjeld feasibility metrics

By: Henry Lazenby A feasibility study on Australian explorer Greenland Minerals & Energy’s (GMEL’s) Kvanefjeld multi-element project has revealed compelling metrics, delivering a similar net present value (NPV) to a previous study despite increased capital costs. The ASX- and Frankfurt-listed explorer on Monday... 

Greenland Minerals & Energy reports compelling Kvanefjeld feasibility metrics
Photo by Greenland Minerals and Energy
Kvanefjeld, Greenland.

Well-known institutional investor joins U3O8 Corp’s board

By: Henry Lazenby Uranium explorer U3O8 Corp has appointed well-known institutional investor David Franklin to its board with immediate effect. Franklin brought to the board a proven record of mining investment experience that would help U3O8 Corp expand its investor reach and position the company for further... 

TKAG wants Karoo exploration delayed until conclusion of enviro assessment  

By: Natasha Odendaal The Treasure the Karoo Action Group (TKAG) on Friday called on government to delay publishing final regulations and issuing rights for shale gas exploration in the Karoo, until a 24-month strategic environmental assessment (SEA) has been concluded. TKAG CEO Jonathan Deal said in an open letter... 

TKAG wants Karoo exploration delayed until conclusion of enviro assessment

Australian miners progressing Mozambique projects

By: Keith Campbell Australian Securities Exchange-listed miner Triton Minerals has announced that it had created two binding joint venture (JV) projects with specialist Chinese graphite products business Yichang Xincheng Graphite Company (YXGC). Triton is currently developing the Ancuabe, Balama North and Balama... 

Ghana gold mining contract awarded

Australian diversified mining services company Ausdrill’s wholly-owned subsidiary African Mining Services (AMS) has been awarded a contract to provide openpit mining services to gold explorer Perseus Mining’s Edikan gold mine’s (EGM’s) Eastern Pits operation, in Ghana, Ausdrill announced late... 

Ghana gold mining contract awarded
Photo by Bloomberg
MOVING THE MINERAL The chosen method of mining at the Edikan gold mine is conventional openpit mining using hydraulic excavators and trucks

State miner developing new projects, eyeing acquisitions

By: Ilan Solomons Leveraging off the ongoing success of its existing Vlakfontein colliery, near Ogies, in Mpumalanga, State-owned mining company African Exploration Mining and Finance Corporation (AEMFC) plans to expand its project portfolio, AEMFC corporate strategy and planning GM Sicelo Sikakane informed Mining... 

State miner developing new projects, eyeing acquisitions
Photo by Duane Daws
ASSET AUGMENTATION African Exploration Mining and Finance Corporation is developing its underground torbanite and thermal coal T-project, north-west of Kinross, in Mpumalanga

Bushveld makes offer for Madagascar-focused Lemur

By: Esmarie Swanepoel ASX-listed junior Lemur Resources has received an off-market takeover bid from Aim-listed Bushveld Minerals, valuing the company at A$10.87-million. South Africa-focused Bushveld Minerals is offering Lemur shareholders 6c in cash for every share held. The offer represents a 3.45% premium to... 

New mineral development strategy seeks to maintain Ontario’s pole position 

By: Simon Rees Ontario’s Ministry of Northern Development and Mines (MNDM) executive adviser Rob Merwin recently stressed the importance of attracting back investment, especially in exploration, to the province, which currently had other jurisdictions champing at its heels for the title of Canada's best mining... 

New mineral development strategy seeks to maintain Ontario’s pole position

Bauxite Resources disputes WA JV project's budget

By: Esmarie Swanepoel Explorer Bauxite Resources has issued a notice of dispute against its joint venture (JV) partner Yankuang Resources, after the two failed to agree on a budget and work programme for the Felicitas project, in Western Australia. The dispute also involved the interpretation of the JV parties’... 

Mantle reports reserve at Norton mine

By: Esmarie Swanepoel ASX-listed junior Mantle Mining Corporation has reported a Joint Ore Reserves Committee-complaint resource of 248 000 t, grading 4.9 g/t gold and 13 g/t silver at its Norton gold mine prospect, in Queensland. Based on the resource estimate, the Norton mine was estimated to host about 38 800 oz... 

Kootenay Silver options San Diego property to AuRico Gold

By: Henry Lazenby TSX-listed Kootenay Silver on Thursday announced that its Mexican subsidiary Minera JM (MJM) had entered into an option agreement with fellow TSX-listed miner AuRico Gold’s subsidiary Oro de Altar (ODA) that would allow ODA to earn up to a 100% interest in Kootenay’s San Diego property, in... 

Valence extends the mine life at Uley 2

By: Esmarie Swanepoel ASX-listed graphite developer Valence Industries has reported a 43% increase in the Joint Ore Reserves Committee-complaint reserve of its Uley Pit 2, in South Australia. The ore reserve is now estimated at 2.91-million tonnes, containing 353 618 t of graphite. 

Walkabout takes the leap at Lindi

By: Esmarie Swanepoel Minerals explorer Walkabout Resources has signed a memorandum of understanding (MoU) over the Lindi jumbo graphite project, in Tanzania. Walkabout in November last year agreed to exercise its option over the Lindi graphite project for the staged purchase of a 70% interest in the four prospecting... 

Renewed uranium market interest piques curiosity in Norasa

By: Henry Lazenby The relatively positive trend in uranium spot prices since the start of the year has resulted in somewhat renewed interest in the sector’s undeveloped projects. Following a week of intensive meetings with institutional investors in Toronto, the mining finance capital of the world, director and... 

Renewed uranium market interest piques curiosity in Norasa
Photo by Forsys Metals
Norasa, Namibia.

SA set to allow shale gas exploration to proceed despite 24-month risk assessment 

By: Terence Creamer The South African government has formally launched a R12.5-million, 24-month strategic environmental assessment (SEA) of shale gas mining in the Karoo in an effort to understand the potential environmental risks of exploiting probable, but as yet unexplored, unconventional gas resources in the... 

SA set to allow shale gas exploration to proceed despite 24-month risk assessment

OceanaGold Corp gains a foothold in Nevada

By: Henry Lazenby Triple-listed miner OceanaGold has agreed to acquire a 14.9% stake in explorer Gold Standard Ventures, that would give OceanaGold exposure to the Railroad-Pinion project, in north-central Nevada. OceanaGold would subscribe for nearly 25-million Gold Standard shares on a private placement basis,... 

Fed Mining Minister Rickford celebrates 19th National Mining Week

By: Henry Lazenby Canada’s Minister of Mining Greg Rickford on Monday celebrated the 19th National Mining Week that would run to Friday, touting the country’s international leadership and innovation in the sector and underscoring the importance of mining to communities across Canada. "Quite simply, mining matters... 

Fed Mining Minister Rickford celebrates 19th National Mining Week

Panoro positioned for growth in Peru’s copper-producing nexus

By: Henry Lazenby With a preliminary economic assessment (PEA) for its flagship project in hand and Peru having made it a national goal to double its copper output by next year, Canadian copper explorer Panoro Minerals is positioned for growth. The PEA published early last month on its Cotabambas porphyry... 

Aureus secures Liberia mining licence expansion

By: Natasha Odendaal As Aureus Mining secures an expansion to its Bea Mountain mining licence for its Liberia-based exploration project, 40 km from its flagship New Liberty deposit, the Aim-quoted company planned to embark on further drilling in the first quarter of 2016. Aureus on Monday said the area under its Bea... 

Triton raises funds to advance Mozambique project

By: Esmarie Swanepoel Minerals developer Triton Minerals has raised A$12-million through a share placement to a Hong Kong investor, institutional groups and sophisticated investors. The miner said on Monday that it had placed some 34.3-million shares, at 35c each, to raise the funding that would enable Triton to... 

Dacian adds ounces to Mt Morgans

By: Esmarie Swanepoel ASX-listed junior Dacian Gold has announced a maiden mineral resource estimate for its Heffernans gold discovery, in Western Australia. The company estimated a high-grade maiden mineral resource of 13.7-million tonnes, grading 1.4 g/t gold for 625 000 oz, along with a lower-grade resource of... 

Elandsfontein phosphate project implementation awarded

South Africa-based engineering and project delivery specialist DRA has been awarded the implementation phase of the openpit Elandsfontein phosphate project, on the West Coast of South Africa, by exploration company Elandsfontein Exploration and Mining. The engineering, procurement and... 

Mine planning requires comprehensive approach

By: Dylan Slater Integrating mine planning with mine operations and mine safety into a complete package for a life-of-mine solution is the best way in which mining companies can overcome volatility in the industry, says US-based technology company Hexagon Mining. 

Mine planning requires comprehensive approach
MINE PLANNING SOFTWARE As the mining industry explores and mines more complex deposits, the MineSight software grows accordingly to accommodate the complexities

Mines increasingly depend on technology

By: Bruce Montiea As mining companies become increasingly dependent on technology to drive, manage and deliver large-scale opencast projects, they are starting to consider cloud-based systems for solutions, says corporate collaborative cloud solution provider Asite CEO Tony Ryan. He says effective project... 

Mines increasingly depend on technology
Photo by Bloomberg
EFFICIENT MINING Cloud-based systems provide mining companies with an alternative means of managing projects throughout the value chain
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