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Exploration News

IDM completes Red Mountain acquisition from Seabridge Gold

By: Henry Lazenby     27th May 2017 Exploration and development company IDM Mining has completed the acquisition of the high-grade Red Mountain project, in British Columbia, from Seabridge Gold. TSX-V-listed IDM acquired the 100% interest, subject to certain underlying agreements and royalties, under an April 2014 option agreement. 

Jogmec starts Parkes earn-in

By: Esmarie Swanepoel     26th May 2017 Junior Magmatic Resources’ joint venture with Japan Oil, Gas and Metals National Corporation (Jogmec) over the Parkes copper-gold project, in New South Wales, has been enacted, with the first exploration spend agreed. Under the terms of the March JV, Jogmec can earn a 51% interest in the two... 

Botswana agency to support installed base, new projects

By: Simone Liedtke     26th May 2017 Key mining, materials handling and minerals processing equipment supplier Takraf Africa – part of the global Tenova Takraf group – has appointed engineering service agency Etuba Engineeringits agent in Botswana. Takraf Africa engineered technologies GM Richard Späth tells Mining Weekly that the... 

Botswana agency to support installed base, new projects
PROMOTING UPTAKE Etuba will market the full range of Takraf Africa’s mining, materials handling, dust control, comminution and Delkor solid/liquid separation equipment

Botswana continues to value exploration activity, mining

By: Simone Liedtke     26th May 2017 Exploration for minerals in diamond-dependent Botswana continues despite the tough economic conditions its mining industry faces, which has impacted negatively on the country’s economic health, says mining and exploration organisation Botswana Chamber of Mines CEO Charles Siwawa. These minerals,... 

Botswana continues to value exploration activity, mining
ECONOMIC DRIVER Despite its struggles, the mining industry in Botswana continues to drive its economy, with trends pointing to the sector’s stabilisation

Botswana to adopt Canadian model of sustainability

     26th May 2017 A Canadian model aimed at improving the sustainability of mining through environmental and community outreach practices is being introduced in Botswana, says mining networking platform African Mining Network (AMN) chairperson Yolanda Torrisi. 

Botswana to adopt Canadian model  of sustainability
CONTINUOUS ASSESSMENT TSM requires miners to continuously assess their mining practices and report them to the community

Council for Geoscience launches near-shore mapping programme

By: Ilan Solomons     26th May 2017 Mineral resources are important to the economy and capacity building of South Africa and are being extensively exploited on land and there will likely be a shift towards the offshore environment, where exploration is currently focussed on diamonds and titanium sand, says Council for Geoscience... 

Council for Geoscience launches near-shore mapping programme
Photo by USGS
TREASURES OF THE DEEP Future possibilities in offshore mining include polymetallic manganese nodules and crusts, glauconite, phosphates and building aggregates

Diamond recovery projects scheduled for Q3 completion

     26th May 2017 Canadian diamond producer Lucara Diamond’s capital expenditure for 2017 is forecast at between $33-million and $35-million, and will largely fund the completion of its mega diamond recovery (MDR) and X-ray transmission (XRT) projects at the Karowe mine, in Botswana. 

Experts discuss Africa’s marine minerals potential

By: David Oliveira     26th May 2017 Seabed mining experts convened earlier this month in Kampala, Uganda, to discuss opportunities and explore the potential of marine mineral resources to contribute to Africa’s development goals. “This workshop on the marine mineral resources of Africa’s continental shelf and adjacent international... 

Geologists, mineralogists exploring new Botswana licences

By: Simone Liedtke     26th May 2017 A second fieldwork programme at the six new prospecting licences (PLs) in Botswana awarded to the Sunland Minerals joint venture (JV), including initial sampling and geophysics, is planned for September 2017.  

Gold miner to expand exploration activities in Burkina Faso

By: Mia Breytenbach     26th May 2017 TSX-listed gold miner Roxgold expects its exploration activities to increase this year to support the company’s organic growth strategy, with an approved exploration budget of $8-million. Roxgold noted in a statement that a further round of drilling, totalling about 11 000 m, would be undertaken... 

Gold miner to expand exploration activities in Burkina Faso
Photo by Bloomberg
MINERAL INTERCEPT Drilling at the Bagassi South deposit, located near Roxgold’s flagship underground gold mine at the 55 zone, returned a large number of high-grade intercepts

Govt continues to encourage investment beyond diamonds

By: Simone Liedtke     26th May 2017 Botswana's mining industry will see steady value growth as government continues its efforts to diversify away from the diamond sector, encouraging foreign investment, particularly in coal projects, says industry analyst BMI Research, a Fitch Group company. 

Govt continues to encourage investment beyond diamonds
STEADY AS SHE GOES Government's efforts to develop Botswana’s coal mining sector are also expected to yield steady progress

Mineral scanner to facilitate identification of reactive ground

     26th May 2017 In another step towards safer blasting practice, Johannesburg-headquartered explosives and services supplier BME is adapting its XRF Delta Pro mineral scanner to quickly identify reactive-ground conditions that could lead to blast site incidents. “This can give us real-time information that... 

Mineral scanner to  facilitate identification  of reactive ground
BOMBS AWAY There is potential for sulphides contained in rock to react with the nitrates in explosives – possibly causing the emulsion to deflagrate or detonate prematurely in the blast hole

‘Attractive’ copper project advances on back of $50m loan

By: Simone Liedtke     26th May 2017 Copper miner Cupric Canyon Capital has secured $50-million to develop its Khoemacau underground mine in north-west Botswana and bring the copper-silver project into production. 

‘Attractive’ copper project advances on back of $50m loan
Photo by Bloomberg
OUTPUT OUTLOOK The first shipment of the red metal to markets is expected in 2019

OceanaGold enters option accord for Mirasol's La Curva project, Argentina

By: Henry Lazenby     25th May 2017 Midtier miner OceanaGold has signed an option agreement with prospect generator Mirasol Resources, under which it to acquire up to 75% of the project in five stages. The definitive agreement requires multinational OceanaGold, with operations in New Zealand, Australia and the US, to make a... 

Canada Strategic Metals gains Quebec district-scale greenstone belt land package

By: Henry Lazenby     25th May 2017 Junior explorer Canada Strategic Metals has acquired three new high-potential properties named Annabelle, Blanche and Charles, covering large greenstone belt districts on the Eastmain and La Grande volcanic belts, in the James Bay area of Quebec. The ground acquired covers more than 75 km2 of the... 

Westhaven adds 2 738 ha land package to substantial BC landholdings

By: Henry Lazenby     24th May 2017 TSX-V-listed project developer Strongbow Exploration has agreed to sell its 65.74% interest in the Skoonka Creek gold property, located within the prospective Spences Bridge gold belt (SBGB), in British Columbia, to Westhaven Ventures. Strongbow's joint-venture partner on the Skoonka Creek... 

Beowulf provides update on Finland graphite exploration

By: Mariaan Webb     24th May 2017 Mineral explorer and developer Beowulf Mining is starting to put some scale to the mineralisation at its Aitolampi prospect, in Finland, with recent drilling having confirmed that electromagnetic anomalies are associated with wide zones of graphite mineralisation. The company, which trades on... 

Vedanta hits production high spot at Black Mountain

By: Martin Creamer     24th May 2017 Diversified mining company Vedanta has achieved its highest quarterly production in four years at Black Mountain in South Africa, where the Gamsberg zinc project is on track to begin production towards the middle of next year. In addition, mobilisation on the Skorpion pit layback, in neighbouring... 

Vedanta hits production high spot at Black Mountain
Photo by Bloomberg
Vedanta chairperson Anil Agarwal

Geoscience BC launches third phase of govt-sponsored geologic survey

By: Henry Lazenby     24th May 2017 Non-profit organisation Geoscience BC has announced a third phase in a series of aerial surveys, with the aim to identify hidden mineral potential in north central and north-eastern British Columbia. Called Search Phase III, the survey will use helicopters fitted with magnetic sensors to build a... 

Asanko prioritises Akwasiso ahead of Dynamite Hill following fast Ghanaian approval

By: Henry Lazenby     23rd May 2017 The Ghanaian government has given the green light for TSX- and NYSE MKT-listed miner Asanko Gold to start mining operations at the Akwasiso deposit, in Ghana, ahead of the Dynamite Hill deposit, as previously planned. The Vancouver-based company will benefit from greater mining flexibility by... 

Georgian Mining raises $7m for copper/gold exploration

By: Mariaan Webb     23rd May 2017 Aim-listed copper and gold developer Georgian Mining has raised $7-million in an oversubscribed placing to expand the resource at its Kvemo Bonisi (KB) project in Georgia. The project, located on the Tethyan belt, which is host to multiple high grade copper/gold deposits and producing mines in... 

Georgian Mining raises $7m for copper/gold exploration

Russia-focused Highland to explore two greenfield sites for gold

By: Creamer Media Reporter      22nd May 2017 Aim-listed Highland Gold has set aside $1-million for preliminary prospecting work at two greenfield sites adjacent to the existing licence areas for the Mnogovershinnoye mine (MNV), in Russia’s Far Eastern district. Potential mineralisation was previously identified in both of the licence areas,... 

Cape Lambert buys into Zambia cobalt project

By: Esmarie Swanepoel     22nd May 2017 ASX-listed Cape Lambert has signed a binding term sheet to acquire a 70% interest in the Kitwe cobalt/copper tailings project, in Zambia. Under the terms of the agreement, Cape Lambert will pay $25 000 on the execution of a term sheet to acquire a majority shareholding in Zambian firm Australian... 

Thor adds to Pilot Mountain resource

By: Esmarie Swanepoel     22nd May 2017 Junior Thor Mining has reported a 55% increase in the tungsten resource at its Pilot Mountain project, in Nevada, following recent drilling. The ASX-listed company said on Monday that a maiden resource of 1.83-million tonnes, at an average grade of 0.36% tungsten trioxide has been declared for... 

Pallinghurst share price leaps on value unlock outline

By: Martin Creamer     19th May 2017 The share price of mining investment fund Pallinghurst leapt in Johannesburg after the company outlined its plans to swop its investment fund shawl for a diversified miner’s mantle, unlock value through full absorption of its coloured gemstone associate and target a possible listing of the... 

Pallinghurst share price leaps on value unlock outline
Photo by Duane Daws
Arne Frandsen (left) and Brian Gilbertson at Pallinghurst's listing on the JSE ten years ago

Victorian govt funds another round of exploration

By: Esmarie Swanepoel     19th May 2017 The Victorian government has set aside a further A$1.2-million in funding for five new projects hunting for gold in central northern Victoria. This was the second round of the government’s A$15-million TARGET grants programme, aimed at providing exploration incentives metals explorers to invest... 

Orocobre balance sheet bolstered

By: Henry Lazenby     19th May 2017 ASX- and TSX-listed Orocobre has received a welcome financial boost in the form of a value added tax (VAT) refund and by the release of further cash security deposits in Australia, which back subsidiary Sales de Jujuy’s (SDJ's) Argentine working capital facility. The Brisbane, Australia-based... 

AuRico Gold, First Nations ink impact benefit accord

By: Henry Lazenby     19th May 2017 TSX-listed AuRico Metals and First Nations surrounding the Kemess underground project have signed an impact benefits agreement (IBA) for the Kemess underground project, in British Columbia, solidifying local relationships and ensuring the project provides economic opportunities and benefits to... 

Inflated base case prices could dent confidence in mine development

By: Henry Lazenby     19th May 2017 Project valuations based on elevated price assumptions in the absence of more reasonable scenarios to provide a more balanced view to the market is potentially damaging to the credibility of management teams, their consultants and the mining industry as a whole, London-based boutique investment... 

Inflated base case prices could dent confidence in mine development

Alcohol, education longterm solution to abuse

By: Simone Liedtke     19th May 2017 Testing backed up by educational programmes is a tried and tested method, proven to reduce alcohol-related incidents, drive down absenteeism and improve overall productivity in the mining sector, alcohol detection technology and services provider Alco-Safe director Rhys Evans tells Mining Weekly. 

Alcohol, education longterm solution to abuse
EFFECTIVE TESTING Testing needs to be carried out every single day as part of the mine’s standard health and safety policy to be effective

Jubilee Platinum’s Hernic project to reach design capacity of 45 000 t/m by next month

By: Mia Breytenbach     19th May 2017 Dual-listed mine-to-metals company Jubilee Platinum’s Hernic project, in the western Bushveld in South Africa,  continues to successfully ramp up its production and is expected to reach full design capacity of 45 000 t/m of feed material by next month. The project produced its first commercial... 

Jubilee Platinum’s Hernic project to reach  design capacity of 45 000 t/m by next month
Photo by Duane Daws
LEON COETZER Our new business development is advancing at an encouraging pace

Legislation plays ‘big role’ in uptake of healthcare services 

By: Simone Liedtke     19th May 2017 In many countries, health and safety legislation is either nonexistent or not effectively enforced and, therefore, greatly influences the number of mining-related work opportunities available for healthcare service providers, such as International SOS in Midrand, South Africa 

Legislation plays  ‘big role’ in uptake  of healthcare services
International SOS medical director Dr Charl van Loggerenberg speaks about 'Duty of Care' and the company's services and products. Camerawork: Nicholas Boyd. Editing: Lionel da Silva

New multigas detector sets benchmark – supplier

By: Simone Liedtke     19th May 2017 With the experience gained through the application of its Altair 4X multigas detector in the South African mining sector, safety equipment supplier MSA Africa believes that the mining industry could benefit greatly from its newly launched Altair 4XR. Meant for application in confined spaces in... 

New multigas detector sets benchmark – supplier
ALTAIR CONNECT The MSA Altair Connect application can immediately send alarm notifications to other users using text messages

Strong stance on employee safety required – miner

     19th May 2017 South Africa’s diverse wealth of minerals and a well-regulated mining industry mean mines employ hundreds of thousands of mineworkers from all over Africa, states miner, refiner and marketer of platinum-group metals Impala Platinum (Implats). 

Strong stance on employee safety required – miner
Photo by Duane Daws
TOP PRIORITY Safety needs to be respected and prioritised above all other tasks

Shadow Minerals Minister warns of ‘disastrous’ mining outlook 

By: Martin Creamer     18th May 2017 Shadow Mineral Resources Minister James Lorimer forecasts that South Africa’s new minerals legislation and new charter will be “disastrous” for an industry already crippled by hugely diminished capital injection and massive year-on-year job loss. The Opposition Democratic Alliance (DA) MP, who... 

Shadow Minerals Minister warns of ‘disastrous’ mining outlook
Shadow Mineral Resources Minister James Lorimer

Azure on the hunt for new projects

By: Esmarie Swanepoel     18th May 2017 Junior Azure Minerals is hunting for its next flagship project in Mexico, with MD Tony Rovira saying that the company has shortlisted a number of potential projects. Rovira told delegates at the Paydirt Latin America Downunder conference in Perth, that Azure had evaluated between 60 and 70... 

First Quantum executive director Rowley resigns

By: Henry Lazenby     18th May 2017 One of the co-founders of Canadian base metals producer First Quantum Minerals Martin Rowley will retire on June 30. He co-founded the company with Philip Pascall and Clive Newall in 1996, and served as CFO and director until 2007, when he assumed the role of executive director for business... 

Report sketches optimistic outlook for BC mining sector

By: Creamer Media Reporter      17th May 2017 The mining industry in British Columbia is cautiously optimistic as prices of key metal and resource commodities either rose or stabilised in 2016, new analysis by professional services firm PwC Canada has found. The trend continued into the first quarter, building on net mining revenues rising... 

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