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Exploration
 
PROJECT DEVELOPMENT

Verde Potash’s final exploration reports approved

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The final exploration reports for TSX-listed Verde Potash’s Cerrado Verde mineral licences were given the nod by the National Department of Mineral Production (DNPM), paving the way for the fertiliser developer to submit an economic development...
18th June 2013
 
 
DIAMONDS

Pangolin Diamonds discovers second kimberlite within Botswana project

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TSX-V-listed explorer Pangolin Diamonds on Tuesday announced it had discovered a second kimberlite pipe within its 1 545 km2 Tsabong North project, in Botswana. The company’s newly discovered Magi-02 kimberlite had an aeromagnetic anomaly of...
18th June 2013
 
 
ENVIRONMENT

Canada raises absolute liability for offshore drill operators

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The Canadian government on Tuesday announced it would raise the absolute liability for energy companies operating offshore Atlantic Canada and Arctic Canada to C$1-billion to align accountability with international standards. Natural Resources...
18th June 2013
 
 
EXPLORATION

Radar pulls the plug on Mt Ruby participation

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ASX-listed Radar Iron has withdrawn from the Mt Ruby project, in Queensland, after failing to renegotiate the terms of the existing earn-in agreement. During February, Radar announced that it had acquired a 51% interest in the project, which had...
18th June 2013
 
 
OIL & GAS

More exploration expenditure expected in offshore WA

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Australia was poised for a further A$180-million investment in offshore exploration, after federal Resources and Energy Minister Gary Gray granted 13 new offshore petroleum exploration permits as part of round one of the 2012 Offshore Petroleum...
18th June 2013
 
 
ENVIRONMENT

Peru protesters push to stop $5bn Newmont mine project

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Thousands of opponents of a $5-billion gold project of Newmont Mining circled a lake high in the Andes on Monday, vowing to stop the company from eventually draining it to make way for Peru's most expensive mine. Lake Perol is one of several...
18th June 2013
 
 
NICKEL

Royal Nickel announces $1.1bn NPV for Quebec nickel project

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Royal Nickel, which is working to develop the Dumont nickel project in Ontario’s Abitibi mining camp, on Monday announced a bankable feasibility study had demonstrated a technically and economically sound project with an after-tax net present...
17th June 2013
 
 
EXPLORATION

KBL shares soar on new discoveries

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The share price of base- and precious metals developer KBL Mining increased by more than 27% on Friday as the company added more resource to its Mineral Hill operation. The junior told shareholders that ongoing underground drilling at the Red...
14th June 2013
 
 
 
 
 
 
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