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Premier adequately funded for future after Danakil deal

By: Leandi Kolver Following a range of transactions during the first half of this year, including its 30% sale of the Danakil potash project, in Ethiopia, Aim-listed Premier African Minerals would be adequately funded for the foreseeable future, Premier executive chairperson and CEO George Roach said on Thursday.... 

With Lac Knife feasibility in hand, Focus becomes global graphite frontrunner 

By: Henry Lazenby Emerging Canadian graphite producer Focus Graphite said it was now the frontrunner in a group of project developers aiming to diversify the global dependence on Chinese supplied graphite, reporting the positive results on Wednesday of a feasibility study carried out on its flagship Lac Knife... 

With Lac Knife feasibility in hand, Focus becomes global graphite frontrunner

Evolution vows to dig deeper for gold

By: Esmarie Swanepoel Australian gold miner Evolution Mining said on Wednesday that would more than double its exploration push in 2015, compared with the exploration undertaken in 2014. The miner said about 80 000 m would be drilled at the company’s exploration properties within the next year, up from the 31 875 m... 

Updated PEA on Bissett Creek shows ‘robust economics’ despite low prices

By: Henry Lazenby The TSX-V-listed stock of Ontario-based project developer Northern Graphite on Tuesday ended the day on a high note after the company updated the preliminary economic assessment (PEA) on its flagship Bissett Creek project to include an expansion scenario. The Ottawa-based firm’s stock rose 12.5%... 

Updated PEA on Bissett Creek shows ‘robust economics’ despite low prices

Coeur Mining announces new mine plan and gold stream for Mexico ops

By: Henry Lazenby US precious metals miner Coeur Mining this week announced a new mine plan to get its Guadalupe underground mine at its Palmarejo operation, in Mexico, up and running by the first quarter of 2015. The Chicago-based miner, which is the US's largest primary silver producer, said on Monday that it... 

Coeur Mining announces new mine plan and gold stream for Mexico ops

Giyani to raise $600 000

By: Creamer Media Reporter Southern Africa-focused Giyani Gold will undertake a nonbrokered private placement of up to two-million shares to raise up to $600 000 to be used for general working capital purposes and to close the proposed transaction between it and an undisclosed international energy company. The exploration... 

Giyani to raise $600 000

Pretium’s Brucejack to deliver high margins, despite uncertain gold price

By: Henry Lazenby British Columbia-focused Pretium Resources on Friday reported that an updated feasibility study for its Brucejack project had proven that the project could still provide high margins despite the uncertain gold price environment. The TSX- and NYSE-listed project developer had used a lower gold... 

Pretium’s Brucejack to deliver high margins, despite uncertain gold price

Scorpio Mining mulls building San Rafael project earlier, only underground

By: Henry Lazenby TSX-listed Scorpio Mining this week outlined its plans for its two development projects in the Cosalá Norte district of Mexico, saying that it was mulling moving construction of its San Rafael project forward to provide additional ore, as soon as its fully permitted El Cajón mine started ramping... 

Scorpio Mining mulls building San Rafael project earlier, only underground

North American Nickel restarts drilling at high-grade Maniitsoq target

By: Henry Lazenby Junior explorer North American Nickel (NAN) this week reported that it had started its 2014 drilling campaign at high-grade targets at its prospective Maniitsoq project, on Greenland’s south-west coast. The Vancouver-based firm, which is scouring the remains of what is thought to be the world’s... 

North American Nickel restarts drilling at high-grade Maniitsoq target

EPA withdraws aquiver exemption on part of UEC’s Texas project

By: Henry Lazenby US uranium mine developer Uranium Energy Corp (UEC) on Thursday said the US Environmental Protection Agency (EPA) had revoked the aquiver exemption (AE) for part of its Goliad in-situ recovery (ISR) project, in southern Texas. Corpus Christi, Texas-based UEC said despite the EPA having reaffirmed... 

EPA withdraws aquiver exemption on part of UEC’s Texas project

Positive outlook for Australia’s rare earths industry

By: Carina Borralho The rare earths industry has a long-term future owing to varied and advanced applications of the commodities, particularly in green products and new technologies, says Australian mining and exploration company Alkane. Alkane MD Ian Chalmers further notes that, while there are several rare earths... 

Rare earths opportunities arise in the US

By: Carina Borralho While light rare-earth elements (LREEs) – produced in China and several other parts of the world – are currently in oversupply, there is an increasing demand for heavy rare-earth elements (HREEs) in the US, as HREEs are produced solely in China, says US-based rare-earth minerals company Texas... 

Rare earths potential increasing, says specialist

By: Carina Borralho There is significant potential for new rare earths business outside of China, particularly in the design, construction and operation of rare earths separation refineries, says Vancouver-based rare earths specialist Canada Rare Earth. “Among other areas, Africa is showing potential with some... 

Rare earths potential increasing,  says specialist
Photo by Bloomberg
REACHING FOR THE RARE Africa is showing potential with some interesting rare earth deposits being discovered in countries such as Kenya

Major shareholder bids for Strategic Minerals

By: Esmarie Swanepoel Gold explorer Strategic Minerals Corporation has advised its shareholders to hold off on taking any action around a takeover offer received from controlling shareholder QGold Resources. QGold, which holds a 51.75% shareholding in Strategic Minerals, has offered the 3.5c in cash to acquire the... 

Major shareholder bids for Strategic Minerals

Seabridge and Nisga’a Nation ink benefits agreement for KSM project

By: Henry Lazenby Canadian project developer Seabridge Gold this week entered into a comprehensive benefits agreement with the Nisga'a Nation regarding its $5.3-billion KSM copper/gold project, located in north-west British Columbia. The agreement established a long-term cooperative relationship between Seabridge... 

Seabridge and Nisga’a Nation ink benefits agreement for KSM project

Tulu Kapi exploration licence renewed

By: Leandi Kolver The exploration licence for gold exploration and development company Kefi Minerals’ Tulu Kapi project, in Ethiopia, has been renewed for another year, until May 2015. The company was also targeting the reactivation of the project’s mining licence application by the end of this year, while the... 

Tulu Kapi exploration licence renewed

Gulf eyes partnership with India's Ferro Alloy Corporation

By: Esmarie Swanepoel ASX-listed Gulf Minerals has signed a memorandum of understanding (MoU) with Indian alloy group Ferro Alloys Corporation to conduct a due diligence and possibly establishing a joint fully-integrated Indonesian manganese ore and alloy enterprise. The MoU was conducted in two parts, the first of... 

Bauxite Resources launches scoping study at Fortuna

By: Esmarie Swanepoel ASX-listed junior Bauxite Resources has launched a scoping study on its Fortuna direct shipping ore bauxite project, in Western Australia. The scoping study would investigate a mine-to-port development to support a three-million-tonne-a-year operation at Fortuna, and would likely be completed in... 

Queensland aims to be leading exploration destination

By: Esmarie Swanepoel The Queensland state government on Tuesday released a report by the Ministerial Advisory Committee on Exploration, aimed at growing the resources sector in the region. The report made 18 recommendations, across nine areas, including making land available for exploration, delivering world-class... 

Queensland aims to be leading exploration destination

Alacer reports positive DFS results for Çöpler, in Turkey

By: Henry Lazenby Intermediate gold producer Alacer Gold on Monday reported buoyant results of a definitive feasibility study (DFS) for the addition of a sulphide ore-processing circuit at its Çöpler mine, in Erzincan province, Turkey, extending the life of the mine and boosting current resources and reserves. The... 

Alacer reports positive DFS results for Çöpler, in Turkey

Treasury Metals aiming at becoming Ontario’s next gold producer

By: Henry Lazenby Recent drilling results at TSX-listed Treasury Metals’ Goliath project, in western Ontario, have confirmed that gold mineralisation at a new zone continues at depth, highlighting the significant exploration upside at a project the company bills as probably being Ontario’s next gold producer.... 

Treasury Metals aiming at becoming Ontario’s next gold producer

Avanti Mining’s Kitsault mine gets BC nod to start construction

By: Henry Lazenby British Columbia on Monday announced that it had given TSX-V-listed Avanti Mining its Mines Act permit, allowing construction of the C$812-million Kitsault molybdenum mine, located 140 km north of Prince Rupert, to start. Targeting first production by 2017, construction was expected to start in... 

Avanti Mining’s Kitsault mine gets BC nod to start construction

Atlanta Gold reports water discharge setback at Idaho project

By: Henry Lazenby TSX-V-listed Atlanta Gold on Monday reported that two events last month caused arsenic and iron discharge from the water treatment facility at the Atlanta gold project, in Elmore County, Idaho, to exceed US Environmental Protection Agency standards. The Toronto-based firm, which was currently... 

Atlanta Gold reports water discharge setback at Idaho project

Agnico Eagle stock on the rise after closing Osisko deal

By: Henry Lazenby The TSX-listed stock of gold miner Agnico Eagle was trending higher on Monday after Agnico, together with joint venture partner Yamana Gold, closed the C$3.9-billion friendly takeover of Quebec miner Osisko Gold. Agnico, which also operates the low-cost, bulk tonnage Goldex mine, near Val d’Or,... 

Agnico Eagle stock on the rise after closing Osisko deal

RoF development likely to get C$1bn boost as Wynne takes majority

By: Henry Lazenby Infrastructure development in the prospective Ring of Fire (RoF) mining camp in Ontario’s far north is likely to get a C$1-billion boost after the Ontario Liberal Party took a majority win in provincial polls on Thursday. At the end of April, the then minority Liberal-led provincial government... 

RoF development likely to get C$1bn boost as Wynne takes majority

Cerro Grande Mining allowed to restart mining at Pimenton, Chile

By: Henry Lazenby TSX-listed Cerro Grande Mining on Thursday announced that it had been given the green light to restart production at its Pimenton copper/gold mine, in Chile, after the local municipality shut down operations last month owing to an outstanding permit. The Chile-focused miner said the municipality... 

Investors misunderstand Zim’s indigenisation policy, says official

By: Zandile Mavuso Despite Zimbabwe being one of the fastest growing economies in Africa, the Embassy of Zimbabwe in South Africa notes that misunderstanding of Zimbabwe’s indigenisation policy has seen foreign investors shy away from investing in the country’s mining industry. 

Strateco throws in the towel, shutters Matoush exploration project

By: Henry Lazenby After a year of legal wrangling with the Quebec government and local First Nations, Quebec-based uranium explorer Strateco Resources on Thursday said it was forced to adopt a cost-cutting programme and shutter its flagship Matoush camp in the Otish mountains, in the north of the province. The... 

Strateco throws in the towel, shutters Matoush exploration project

PTM’s Waterberg PGM discovery outshines WBJV development project

By: Henry Lazenby Canadian explorer and project developer Platinum Group Metals (PTM) on Thursday revealed a 66% increase in the estimated inferred mineral resources of the Waterberg Joint Venture (JV) discovery and neighbouring Waterberg Extension, in South Africa’s Limpopo province, to 29-million ounces of... 

PTM’s Waterberg PGM discovery outshines WBJV development project

JV allows Samco Gold to sharpen focus on Corina project, Argentina

By: Henry Lazenby Argentina-focused explorer Samco Gold has recently struck an option agreement in the form of a binding letter of intent allowing proposed joint-venture (JV) partner Pan American Silver (PAS) to earn up to a 60% interest in its flagship El Dorado-Monserrat (EDM) project in Santa Cruz, freeing... 

JV allows Samco Gold to sharpen focus on Corina project, Argentina

Nunavut exploration firms enter diversion agreement with public prosecutor

By: Henry Lazenby Two companies involved with exploration in Nunavut on Wednesday entered into a diversion agreement with the Public Prosecution Service of Canada following an Environment Canada investigation into alleged violations under the Fisheries Act. Newmont subsidiary Hope Bay Mining and drilling services... 

Nunavut exploration firms enter diversion agreement with public prosecutor

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