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Exploration News

Teck ups stake in explorer Fireweed

By: Creamer Media Reporter      21st January 2019 Canada’s largest diversified mining company, Teck Resources, has increased its stake in Vancouver-based explorer Fireweed Zinc to just shy of 10%, which the junior company sees as a vote of confidence in its Macmillan Pass project, in the Yukon Territory. Teck’s participation in Fireweed Zinc’s... 

Amarc seeks new partners as Hudbay pulls out of BC projects

By: Creamer Media Reporter      21st January 2019 Explorer Amarc Resources has opened the door for a new partnership on two British Columbia copper projects, after diversified miner Hudbay Minerals relinquished its options to earn an interest in the IKE porphyry copper/molybdenum project, near Gold Bridge, and the JOY gold/copper project in the... 

Wear plate tests show positive results

By: Thabi Madiba     18th January 2019 Testwork on South Africa-based high-performance polymer producer Vesconite’s polymer sliding wear plates has shown promising results on a crawler drill that is employed at Vedanta zinc project, in Gamsberg, in the Northern Cape, South Africa. The wear plates were installed on the rotary head... 

Wear plate tests show positive results
PHILLIP DE VILLIERS Technical representative examines one of the stock wear plates inside the Johannesburg warehouse

Phase 2 drilling delivers promising results at Tando’s vanadium project

By: Marleny Arnoldi     16th January 2019 ASX-listed Tando Resources on Wednesday announced encouraging first assay results from its Phase 2 drill programme at the SPD vanadium project, in the Bushveld Complex of South Africa. The results included 14 m at 0.98% vanadium oxide from surface, 11 m at 0.99% vanadium oxide from 17 m and 10... 

Russia's Alrosa returns to diamond exploration in Zimbabwe

By: Reuters     14th January 2019 Russian diamond giant Alrosa has set up a subsidiary in Zimbabwe to begin mining operations there, it said on Monday, more than two years after it shelved plans to expand into the southern African country. Alrosa, the world's largest diamond producer by output, started conducting geological... 

Pure Nickel appoints new CEO and president

By: Tasneem Bulbulia     14th January 2019 Pure Nickel has appointed R David Russell CEO and president, the company announced on Friday. He has been a director of Pure Nickel for over 12 years. 

Brunswick sells Irene Lake property to TomaGold

By: Tasneem Bulbulia     14th January 2019 Brunswick on Friday announced the sale of the Irene Lake property, in Quebec, to TomaGold. The property is about 45 km southwest of the Chibougamau mining camp and is contiguous and to the west of TomaGold and Iamgold’s Monster Lake project. 

Spearmint increases footprint in Canadian vanadium district

By: Simone Liedtke     8th January 2019 Canadian junior resource exploration company Spearmint Resources has increased its acreage in the Chibougamau vanadium district, in Canada, to 13 985 contiguous acres upon receiving preliminary airborne data. The company is encouraged by the preliminary data from the airborne surveys and is... 

Dampier Gold adds exploration acreage in WA

By: Esmarie Iannucci     7th January 2019 Junior Dampier Gold has acquired an 80% interest in two exploration licences in the Kalgoorlie gold mining district. The company on Monday told shareholders that the acquisition comprised the Menzies exploration licence, which is adjacent to the company’s own Menzies gold camp, and the Goongarrie... 

Prieska project edging closer to construction

By: Nadine James     14th December 2018 Dual-listed base metals miner Orion Minerals will release an updated Joint Ore Reserves Committee- (Jorc-) compliant resource statement for its Prieska zinc/copper project later this month. The Northern Cape project has a Jorc-defined maiden resource of 1.1-million tonnes of contained zinc... 

Prieska project edging closer to construction
Photo by Creamer Media
BUILDING ON FORMER GLORY Prieska produced 47-million tonnes of sulphide over 20 years and Orion can use the same processes as Prieska, but optimised through modern equipment and newer methodologies achieve greater heights

Colliery opened in Gauteng

14th December 2018 Last month, coal exploration and mining company Canyon Coal successfully opened its openpit Khanye Colliery with a blast following a detonation procedure led by Mineral Resources Minister Gwede Mantashe in Bronkhorstspruit, Gauteng. As part of the ceremony, Mantashe, Canyon MD Vuslat Bayoglu, and... 

Colliery opened  in Gauteng
Photo by Creamer Media
NEW ARRIVAL The openpit Khanye Colliery in Bronkhorstspruit is expected to produce coal for about 15 years

First coal production due in 2020

By: Thabi Madiba     14th December 2018 Coal mining and exploration group of companies Canyon Coal is expecting first coal production at its Springfield coal project in the second quarter of 2020, with a targeted production rate of 600 000 t of run-of-mine coal a month. The project, comprising a coal deposit of 307.86-million tons, is... 

First coal production  due in 2020
Photo by Creamer Media
BULKY An estimated 600 000 t of coal production a month is expected

Orion Minerals to restart Prieska production in 2021 

By: Simone Liedtke     13th December 2018 Polymetallic minerals exploration and development company Orion Minerals’ flagship Prieska zinc/copper mine, in the Northern Cape, is expected to start production by 2021. This is notwithstanding any potential challenges and delays, Orion COO Walter Shamu said during a media briefing on Thursday. 

Orion Minerals to restart Prieska production in 2021
Orion Minerals COO Walter Shamu speaks to Mining Weekly Online about the miner's flagship Prieska project, located in the Northern Cape. Video & Editing: Nicolas Boyd

Thor adds to Pilot Mountain mineral resources

By: Marleny Arnoldi     13th December 2018 ASX- and Aim-listed Thor Mining’s Desert Scheelite deposit at Pilot Mountain, in Nevada, has a mineral resource estimate of 10.7-million tonnes at 0.26% tungsten trioxide, 19.38 g/t silver, 0.15% copper and 0.38% zinc. The updated mineral resource estimate represents a 6.5% increase in the... 

ATAC shares fall as Barrick terminates Yukon earn-in

By: Creamer Media Reporter      13th December 2018 Nearly two years since Barrick Gold partnered with junior ATAC Resources to advance the part of the Racklan gold property in the Yukon Territory of north-west Canada, the gold major has terminated its option to acquire an interest in the Orion project. ATAC president and CEO Graham Downs thanked... 

Musgrave raises cash for Cue exploration

By: Esmarie Iannucci     13th December 2018 ASX-listed Musgrave Minerals will raise A$5.5-million through a share placement to institutional, professional and sophisticated investors to advance drilling at its Lake Austin project, as well as other targets at the Cue project, in Western Australia. Some 59.78-million shares will be placed,... 

Ariana to start drilling Kizilcukur

By: Creamer Media Reporter      12th December 2018 Turkey-focused Ariana Resources will start a 1 000 m diamond drilling programme at its Kizilcukur gold project, which is being developed with a view to truck and process its ore at the nearby Kiziltepe mine. The objective of the diamond drilling is to define a high-grade zone amenable to openpit... 

Enable meaningful participation, pleads Women in Mining chair  

By: Martin Creamer     12th December 2018 The Mining Charter has significant room for improvement to enable meaningful participation of women in mining, says Women in Mining South Africa (WiMSA) chairperson Lindiwe Nakedi. Soweto-born Nakedi, who owns Gubhani Exploration – a surface exploration drilling company that is currently the only... 

Enable meaningful participation, pleads Women in Mining chair
Women in Mining chairperson and Gubhani Exploration MD Lindiwe Nakedi talks to Mining Weekly Online’s Martin Creamer. Video: Nicholas Boyd. Photographs: Creamer Media Chief Photographer Dylan Slater.

CanAlaska and Cameco team up on West McArthur uranium project

By: Creamer Media Reporter      12th December 2018 Vancouver-based junior CanAlaska and uranium major Cameco have formed a joint venture (JV) on the West McArthur project, 6 km north-west of the McArthur River uranium mine. CanAlaska is the operator and 70% owner of the West McArthur JV, which is located in the Athabasca basin region, dubbed the... 

Sun Metals to raise C$5.16m for Stardust project

10th December 2018 TSX-V-listed Sun Metals has entered into an agreement with PearTree Securities to raise up to C$5.16-million to fund exploration at its Stardust project, in British Columbia. PearTree, as agent for purchasers, has agreed to subscribe for up to 12.5-million flow-through common shares in Sun Metal... 

South32 inks US copper alliance with EMX

By: Mariaan Webb     10th December 2018 Diversified miner South32 has entered into regional strategic alliance agreement with a subsidiary of EMX Royalty, focusing on finding copper and other base metals projects in Arizona, New Mexico and Utah. The agreement provides funding for generative work and acquisitions over a two-year... 

Core raises funds for Finniss push

By: Esmarie Iannucci     10th December 2018 PERTH (miningweekly.com) – ASX-listed junior Core Lithium will raise A$3-million through a share placement to accelerate resource expansion and an expanded definitive feasibility study (DFS) at its Finniss lithium project, in the Northern Territory. The company on Monday said that it has received... 

Vimy approves more drilling at Angularli

By: Esmarie Iannucci     10th December 2018 Uranium developer Vimy Resources will undertake further drilling work at its Angularli uranium deposit, in the Northern Territory, after a scoping study proved positive. The project has an inferred mineral resource of 0.91-million tonnes, at 1.3% uranium oxide for 26-million pounds of uranium. 

Condor Gold share price jumps on concession

By: Creamer Media Reporter      7th December 2018 Nicaragua’s Ministry of Energy and Mines has granted the explorer and developer Condor Gold the Las Cruces concession, expanding the La India project package by 45% to 455.6 km2. The La India project now comprises 11 adjacent and contiguous exploration and exploitation concessions, which Aim-... 

McEwen raises cash for next year’s exploration programme

By: Creamer Media Reporter      6th December 2018 Precious metals miner McEwen Mining has announced a bought deal private placement offering to raise $15-million to fund its 2019 exploration programme in the Timmins region of Canada. The company is issuing 2% of its currently outstanding shares at $2.26 a share (C$3.02), representing a premium... 

Genesis raises funds for Ulysses drilling

By: Esmarie Iannucci     6th December 2018 Gold developer Genesis Minerals has raised A$5-million through a share placement to fund ongoing resource drilling at its Ulysses gold project, in Western Australia, in an effort to expand the project. The company will issue up to 178.57-million new shares, at a price of 2.8c each, to... 

Investment Battlefield competition seeks next big investment opportunity

By: Simone Liedtke     5th December 2018 Investing in African Mining Indaba is set to host its third Investment Battlefield competition during its twenty-fifth edition of the event from February 4 to 6, 2019. Event organisers are looking for sub-Saharan Africa’s most promising mining companies with a market capitalisation of $50-million... 

Innovate and generate cash at same time – Dassault Systèmes Geovia  

By: Martin Creamer     5th December 2018 The objectives of innovating and generating cash are not mutually incompatible and can be achieved at multiple levels simultaneously, says Dassault Systèmes Geovia Brand CEO Raoul Jacquand, who was in Johannesburg to showcase the French company’s suite of advanced three-dimensional (3D) software.... 

Innovate and generate cash at same time – Dassault Systèmes Geovia
Dassault Systèmes Geovia Brand CEO Raoul Jacquand spoke to Mining Weekly Online’s Martin Creamer on new mining technology. Video: Christo Greyling. Photogaphs: Creamer Media Chief Photographer Dylan Slater.

Exploration surges in Queensland

By: Esmarie Iannucci     5th December 2018 Queensland is experiencing a resurgence in exploration investment across all commodities, a new report from the Queensland Exploration Council (QEC) has shown. The annual QEC Exploration Scorecard found coal exploration has increased for the first time since 2011/12, going up by 27%, while... 

BHP gets approval for Venus

By: Esmarie Iannucci     5th December 2018 Diversified miner BHP has been granted development approval of its Venus underground nickel mine, by the Western Australian state government. Venus, which was discovered six years ago, will be the source of high-grade material that will feed the Leinster nickel operation’s mille and concentrator... 

Boreal to initiate new drilling programme at Gumsberg

By: Creamer Media Reporter      4th December 2018 Minerals explorer Boreal Metals is making progress with its Scandinavia projects, the company reported this week, as it wrapped up a drilling programme at Burfjord, in Norway, and announced that it would initiate follow-up drilling at Gumsberg, Sweden. At the early-stage Burfjord prospect,... 

Australia’s Sept quarter mineral exploration up

By: Esmarie Iannucci     3rd December 2018 Mineral exploration expenditure in Australia rose by 2.5%, or A$14.3-million to A$582.1-million in the September quarter, new data from the Australian Bureau of Statistics (ABS) has revealed. Greenfields exploration increased by 13%, or A$25.7-million, while brownfield expenditure fell by 2%, or... 

Pan African confirms 800 000 oz resource estimate at Royal Sheba

By: Marleny Arnoldi     30th November 2018 Gold miner Pan African Resources has finalised the exploration drilling programme on the Royal Sheba project, in Barberton, Mpumalanga, and declared a mineral resource estimate of 800 000 oz, out of an 8.97-million tonnes reserve, grading 2.62 g/t gold. The consultancy that signed off on the... 

Fortescue taps new tech to step up copper hunt across Australia

By: Reuters     30th November 2018 Australian miner Fortescue Metals this week said the latest developments in satellite imagery are helping it scour vast swathes of its own backyard for new deposits, seeking an edge as it jostles with global peers for the next big strike. The world's fourth-largest iron ore miner raised its... 

Artemis raises A$5.4m

By: Esmarie Iannucci     30th November 2018 ASX-listed junior Artemis Resources has secured some A$5.4-million in funding from a UK-based institutional investor to fund exploration in the Patersons Range, in Western Australia. “This new funding allows Artemis to start exploration at Armada and finalise the next resource upgrade and... 

Eastern Goldfields enters administration

By: Esmarie Iannucci     30th November 2018 ASX-listed Eastern Goldfields has gone into voluntary administration. The junior company said on Friday that the administrators would work with the company to review its operations, which were currently on care and maintenance, as well as its financial position. 

Eastern Goldfields enters administration

Todd River raises A$4.9m for Mt Hardy exploration

By: Esmarie Iannucci     30th November 2018 Base metals explorer Todd River Resources has completed a A$4.9-million capital raise to fund exploration work at its Mt Hardy zinc/copper project, in the Northern Territory. The ASX-listed company said on Friday that some 57.05-million shares would now be issued, of which fellow-listed S2... 

Sector remains significant for mobile buildings company

By: Cameron Mackay     30th November 2018 The oil and gas industry will remain a significant focus for prefab and modular buildings in 2019, says rental buildings manufacturer Kwikspace, rentals executive Andre Prinsloo. 

Sector remains  significant for mobile buildings company
KWIKSPACE MODULAR BUILDINGS Kwikspace provides a range of modular buildings and rental fleet buildings to rapidly accommodate people during shutdowns
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