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Exploration
 
M&A

Magma labels Panoramic offer opportunistic

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ASX-listed Magma Metals on Monday labeled a takeover offer by fellow listed Panoramic Resources as “opportunistic”, and has advised shareholders to hold off on taking any action. At the start of this month, nickel miner Panoramic launched an...
6th February 2012
 
 
URANIUM

Deep Yellow splits Namibia deposit, reports progress

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Australian uranium exploration company Deep Yellow has removed its Tubas Red Sand (TRS) deposit from its Omahola project, in Namibia. The company’s flagship project, located near Swakopmund, initially comprised three deposits, namely Inca, TBS...
6th February 2012
 
 
CORPORATE ACTIVITY

Panoramic bids for Magma Metals

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Nickel miner Panoramic Resources on Friday launched an off-market takeover bid for ASX- and TSX-listed Magma Metals. Panoramic, which is listed on the ASX, said it was prepared to pay Magma shareholders two of its own shares for every 17 shares...
3rd February 2012
 
 
EXPLORATION

Sable Mining expands iron-ore portfolio

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Aim-listed Sable Mining Africa has expanded its West African iron-ore portfolio following the acquisition of a 123.5 km2 exploration permit in the Mount Nimba area in Southeast Guinea, the company said on Thursday. The permit, which the miner...
2nd February 2012
 
 
SUSPENSION LIFTED

Miranda shares jump as JSE suspension is lifted

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Shares in junior Miranda Minerals surged on Monday, after the JSE lifted a trading suspension and the company said it was confident it would be able to continue operations and pay its debts. Earlier this month, the coal explorer asked the...
30th January 2012
 
 
LEGAL ACTION

S Australia appeals overturning of Torrens heritage approval

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South Australia has applied to the High Court for special leave to appeal a Supreme Court judgment, overturning an approval by the Aboriginal Affairs Minister allowing ASX-listed Argonaut Resources and Straits Resources access to the Torrens joint...
30th January 2012
 
 
Exploration

Exploration work on Tier 1 discoveries on track

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Exploration and development company Ivanplats says rapid and significant progress is being made at its two Tier-1 mineral projects in Africa.
27th January 2012
 
 
Mining Indaba Preview

Global and African exploration trends to be highlighted

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Delegates at the 2012 Investing in African Mining Review Commodities and Outlook Forum will be provided with valuable market information, aiding miners and investors in making critical decisions on the development of new mining operations.
27th January 2012
 
 
 
 
 
 
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