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Ivanhoe Mines finds thick high-grades at Flatreef discovery

By: Henry Lazenby Africa-focused project-development firm Ivanhoe Mines on Wednesday revealed that it had uncovered new thick high-grade mineralisation in an area that had become a new extension of the Flatreef platinum/palladium/nickel/copper/gold/rhodium discovery at the company's Platreef project, on the... 

‘Unbalanced’ risk profiles stunting African infrastructure development

By: Natalie Greve An imbalance between the risk profiles of corporates active in Africa, as well as between those of African governments, has been a major driver of stalled transport infrastructure development projects on the continent, despite overwhelming support for ramped-up freight capacity. Independent... 

‘Unbalanced’ risk profiles stunting African infrastructure development

Sheffield doubles Thunderbird resource

By: Esmarie Swanepoel ASX-listed explorer Sheffield Resources has doubled the mineral resource at its Thunderbird heavy mineral sands deposit, at its Dampier project, in Western Australia. The junior reported on Wednesday that the deposit was now estimated to host some 2.62-billion tonnes of ore, at 6.5% heavy... 

NovaCopper stocks advance as it nearly doubles Alaska resources

By: Henry Lazenby The TSX-listed stocks of NovaCopper on Tuesday advanced C$0.15 apiece after the company announced that it had nearly doubled the indicated and inferred resources at its Bornite project, in north-west Alaska. The company had reported the results of the 2013 Canadian National Instrument... 

NovaCopper stocks advance as it nearly doubles Alaska resources

Beneficiating Ironveld unveils plans for large new pig iron plant in Limpopo

By: Martin Creamer London Aim-listed Ironveld, which has nailed its colours firmly to South Africa’s minerals beneficiation mast, on Tuesday outlined its plans to build a pilot smelter in Limpopo province as a precursor to a far larger pig iron plant, which will be fed by magnetite from the northern limb of the... 

Beneficiating Ironveld unveils plans for large new pig iron plant in Limpopo
Rehabilitated Ironveld drilling site

Triton to advance Balama North exploration

By: Esmarie Swanepoel Minerals explorer Titan Minerals has announced a A$4-million capital raising to advance its Balama North graphite project, in Mozambique. The company said on Tuesday that it would place just over 36.3-million shares, at a price of 11c each, to raise the funds. The share price represented a 12%... 

Rio opts out of Vulcan exploration

By: Esmarie Swanepoel Junior Tasman Resources on Monday reported that the exploration arm of diversified miner Rio Tinto has withdrawn from a farm-in agreement over Vulcan copper-gold-uranium project, in South Australia. The farm-in between Tasman and Rio Tinto Exploration started in 2012, and provided the junior... 

Origin halts Qld drilling on asbestos scare

By: Esmarie Swanepoel Energy group Origin Energy has suspended drilling operations across 12 rig sites in Queensland after asbestos was found on site. The operator of the Australia Pacific liquefied natural gas (APLNG) project said that it had been notified by one of its drilling fluid suppliers that an imported... 

Origin halts Qld drilling on asbestos scare

African Consolidated declares 1.02Moz reserve at Zim project

By: Zandile Mavuso Aim-listed exploration company African Consolidated Resources (ACR) declared last week that a 1.02-million-ounce ore reserve estimate of contained metal, at its flagship Pickstone-Peerless gold project, in Zimbabwe, has been confirmed. 

Foreign demand makes local mineral sands project ‘extremely attractive’

By: Pimani Baloyi The global mineral sands sector having recently faced a significant increase in demand that it cannot match, coupled with the ever-increasing demand for zircon and rutile, has made South Africa’s newly established Tormin mineral sands mine, owned by Australia-based mineral sands company Mineral... 

Foreign demand makes local mineral sands project ‘extremely attractive’
ANDREW LASHBROOKE The Tormin project has the advantage of starting with a clean slate and not being constrained by legacy issues

Strike Resources back at work in Peru

By: Esmarie Swanepoel ASX-listed Strike Resources on Thursday told shareholders that an injunction prohibiting the company from working on its Peruvian assets, had been lifted. In February this year, a Peruvian court granted an injunction restraining Strike’s local companies from working on the mining concessions.... 

Strike Resources back at work in Peru

MSV aims to lead Western rare earths production with low-cost project

By: Henry Lazenby Mineração Serra Verde (MCV), a privately held project developer focused on a low-grade rare earths project in Brazil, believes that it likely holds the key to the unrelenting question of securing rare earths supplies outside of lead producer China, when its eponymous project starts up in 2017.... 

MSV aims to lead Western rare earths production with low-cost project
Photo by Henry Lazenby
Mining Ventures Brazil CEO Andreas Sprecher

Nicaragua an attractive mining destination, says ‘open for business’

By: Henry Lazenby While several regions in the Central American isthmus might be perceived as being “closed” for mining investment, the largest country in the region, Nicaragua, is “open for business”, the country’s general director for mining at the Energy and Mines Ministry (MEM), Carlos Zarruk, recently told... 

Nicaragua an attractive mining destination, says ‘open for business’
Photo by Condor Gold
La India

Maiden resource at Hot Chili's second project

By: Esmarie Swanepoel Copper explorer Hot Chili has declared a maiden resource of 50.5-million tonnes, grading 0.4% copper and 0.2 g/t gold at its Frontera project, in Chile. The project was estimated to host some 187 000 t of copper and 356 000 oz of gold, with some 33% of the resource classified as indicated and... 

Maiden resource at Hot Chili's second project

Brockman adds to Sirius resource

By: Esmarie Swanepoel ASX-listed Brockman Mining has reported a 14% increase in the mineral resource of its Sirius deposit, which forms part of the Ophthalmia iron-ore project, in the Pilbara. The deposit was now estimated to host some 124-million tonnes, grading 60.32% iron, of which 105-million tonnes was... 

Fraser Range moves closer to JV deal

By: Esmarie Swanepoel ASX-listed Fraser Range Metals Group has signed a non-binding joint venture (JV) proposal over its Plumridge East multi-metals project, in Western Australia, worth some A$1.2-million. The JV, which would be entered into in exchange for a combination of shares and cash, would be on an 80:20... 

Fraser Range moves closer to JV deal

Iamgold options exploration properties surrounding Rosebel, in Suriname

By: Henry Lazenby Canadian gold miner Iamgold on Friday announced that it had finalised a five-year option agreement with Sarafina under which its subsidiary, Rosebel Gold Mine (RGM) could earn a 100% interest in Sarafina's 10 000 ha mining concession, located 25 km from the Rosebel gold mine, in Suriname.... 

Iamgold options exploration properties surrounding Rosebel, in Suriname

Concessions laws will change face of Brazilian exploration

By: Simon Rees Changes in concessions laws will mark a sea change for mining in Brazil, Alexandre Calmon told delegates at Norton Rose Fulbright’s Latin America roundtable this week, during the Prospectors and Developers Association of Canada’s yearly international convention. Calmon, a partner in the... 

Concessions laws will change face of Brazilian exploration

JSE still a world-class market, investment paradigm shift needed

By: Henry Lazenby The Johannesburg Stock Exchange (JSE) still is by any measure a world-class stock exchange, and should be the mining mecca of the mining industry Sasfin Capital head of corporate finance Noah Greenill said this week. Speaking to Mining Weekly Online during the Prospectors and Developers... 

JSE still a world-class market, investment paradigm shift needed

New wave of first movers consider Venezuela’s mineral wealth 

By: Simon Rees Mining companies are starting to see Venezuela as an increasingly attractive proposition for future investment Norton Rose Fulbright partner Jorge Neher told delegates at a Latin America roundtable on March 4. Neher practises both in Colombia and Venezuela, specialising in mining, electricity,... 

New wave of first movers consider Venezuela’s mineral wealth
Photo by Reuters
Recent Venezuela protests

Shareholders smile on Australian Mines plans

By: Esmarie Swanepoel The share price of junior Australian Mines rose nearly 67% on Friday following the company’s announcement that it had entered into a farm-in and joint venture (JV) agreement with fellow-listed Mount Magnet South. The farm-in and JV agreement covered the Jumbulyer gold and copper project, in... 

Copper investors advised to keep an eye on Zambia

By: Ilan Solomons Amid predictions that the copper sector would remain buoyant this year from a pricing and project development perspective, professional services firm EY suggested that investors kept a close eye on Zambia, as it was the largest copper producer in Africa. “While Zambia has large quantities of... 

Copper investors advised to keep an eye on Zambia
COMMODITY FOCUS As the largest copper-producing country in Africa, Zambia should be a focal point for foreign investors in 2014

Firm seeks new opportunities in Africa

By: Ilan Solomons Convinced that copper was positively poised for future growth, energy-focused global private-equity firm Denham Capital Management was aiming to invest in new copper projects in Africa, said company director Caroline Donally, who spoke to Mining Weekly on the sidelines at this year’s Investing in... 

Firm seeks new  opportunities in Africa
SEEKING OPPORTUNITIES Denham Capital is aiming to invest in base metals, as they are sustainable in the long term

Planning for 2015 Mining Indaba already under way

By: Ilan Solomons Planning for next year’s Investing in African Mining Indaba, which will again take place at the Cape Town International Convention Centre (CTICC) from February 9 to 12, is already under way, following the successful completion of the twentieth indaba last month. “This year’s conference brought... 

Planning for 2015 Mining Indaba  already under way
LARGE TURNOUT This years’ Mining Indaba attracted more than 7 000 delegates from 110 countries across six continents

PDAC convention draws more than 25 000 attendees for fourth consecutive year

By: Henry Lazenby The Prospectors and Developers Association of Canada (PDAC) convention has drawn more than 25 000 delegates for the fourth consecutive year, the organisers reported on Wednesday. In total, 25 122 investors, analysts, mining executives, geologists, government officials, students and international... 

PDAC convention draws more than 25 000 attendees for fourth consecutive year

IMX confirms hematite at Mt Woods

By: Leandi Kolver Mining and exploration company IMX Resources on Wednesday announced that it had confirmed the presence of hematite on its Mt Woods project leases, located near its operational Cairn Hill iron-ore mine, in South Australia. The company recently tested two gravity anomalies identified by... 

IMX confirms hematite at Mt Woods

Productivity Commission report confirms need to cut exploration red tape

By: Leandi Kolver The coordination, transparency and accountability of exploration licence approval processes had to be improved to remove unnecessary burdens placed on resource explorers, the Productivity Commission said on Wednesday in its Mineral and Energy Resource Exploration Inquiry Report. The commission... 

Productivity Commission report confirms need to cut exploration red tape

Shabangu talks up a cohesive approach to African mining 

By: Henry Lazenby South Africa is the richest country in the world when it comes to its minerals endowment. However, much of the continent had historically been – and is still being – exploited for overseas gain, with little value trickling down to local residents, South African Mineral Resources Minister Susan... 

Shabangu talks up a cohesive approach to African mining
Photo by Duane Daws
Mineral Resources Minister Susan Shabangu

New report points to encouraging signs for Quebec and Canadian miners

By: Henry Lazenby Despite the current challenges the mining industry faces, Canadian junior mining executives appear to have a renewed sense of optimism, particularly those in Quebec, where Bill 70 – adopted last December to reform the Mining Act – had provided the industry with a stable and predictable regulatory... 

New report points to encouraging signs for Quebec and Canadian miners

More First Nations consultation and accommodation required – Rae 

By: Simon Rees Former Premier of Ontario and chief negotiator for the Matawa First Nations Bob Rae told delegates at the Prospectors and Developers Association of Canada conference that greater efforts are needed to embed the practice of consultation and accommodation between the mining sector and Canada’s... 

More First Nations consultation and accommodation required – Rae
Photo by Simon Rees
Bob Rae

Final fracking regulations will take account of public input 

By: Kim Cloete Exploration for shale gas in the Karoo has taken another step, with the final regulations being consolidated, Water and Environmental Affairs Minister Edna Molewa has revealed. “The Minister of Mineral Resources is now ready to consolidate. We’re looking at finalising the regulations. We need... 

Final fracking regulations will take account of public input
Photo by Duane Daws
Water and Environmental Affairs Minister Edna Molewa

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