R/€ = 14.55 Change: 0.02
R/$ = 12.50 Change: 0.01
Au 1301.61 $/oz Change: -2.13
Pt 901.50 $/oz Change: -9.36

Exploration News

Lubricant for drillrods offers many benefits

By: abdul cook     22nd April 2005 A new environment-friendly lubricant for drillrods, tubes and flanges that are constantly being connected and disconnected was introduced to South Africa by Talcor, a wholly-owned ChevronTexaco company. 

Gold major outlines exploration focus

By: Keith Campbell     8th April 2005 Report on fact that almost half of AngloGold Ashanti’s gold production, attributable adjusted profits, gold reserves and gold resources are now outside South Africa. 

Junior miner targets $2bn market cap in two years 

By: elizabeth rebelo     1st April 2005 US-listed mining junior Centurion Gold Holdings aims to become a $500-million to a $2-billion market-capitalisation company within the next two years, says CEO Dale Paul. 

Japan supports exploration in Malawi

By: Marcel Chimwala     25th March 2005 The Japanese government has donated mineral-exploration equipment to Malawi, which is preparing to embark on a $40-million-plus geological remapping of the country. 

R20m ore-analysis hub opens

By: elizabeth rebelo     18th February 2005 Australian-based ALS Chemex, which provides analytical laboratory services to the mining and exploratory industry, officially launched its first R20-million African hub in Johannesburg this month. 

New moves to revive gold-mining icon

By: Zonika Botha     18th February 2005 South African gold-mining icon Simmer & Jack Mines (Simmers) has adopted a new strategy to exploit the 2,3-million ounces of measured and indicated gold resources contained on its properties in the Sabie and Pilgrims Rest areas, in Mpumalanga. 

De Beers ready to compete not control

By: andrew lanham     18th February 2005 Managing director of diamond giant De Beers, Gary Ralfe, speaking at the Investing in African Mining Indaba in Cape Town, elaborated on the group’s policy of fostering partnerships. 

Gravimeter takes exploration to new heights

By: abdul cook     4th February 2005  

Company releases enhanced exploration software

By: abdul cook     4th February 2005 An international mining and exploration software company has recently released the latest version of its exploration software, Micromine V10. 

Geophysical tool launched in South Africa

By: abdul cook     4th February 2005 Gauteng-based Manhattan Corporation has introduced a new geophysical tool to South Africa. 

Gold Fields changes tack on exploration front

By: abdul cook     4th February 2005 Mining major Gold Fields Limited (GFL) has implemented an innovative strategy regarding its global exploration activities in recent years. 

Minerals law will open up South Africa for exploration

4th February 2005 The Mineral and Petroleum Resources Development Act, which came into effect last year, brings South Africa in line with neighbouring countries and with the likes of Australia and Canada, our main competitors in the mining field. 

Drilling about to start at Zambian gold prospect

By: abdul cook     28th January 2005 A drilling programme is soon to be launched by RSG Global at Luiri Gold’s exploration projects in Zambia. 

Deal gives explorer access to De Beers data

28th January 2005 Australian Stock Exchange-listed Namakwa Diamomd Company has signed a key information-licence agreement with De Beers Consolidated Mines, giving it access to detailed historic exploration and bulk-sampling data generated by the diamond-mining giant over Namakwa’s current diamond project... 

Canadian junior adds PGMs to its South African portfolio

By: Liezel Hill     28th January 2005 Canadian-listed mining junior AfriOre has commissioned two additional drillrigs at the Akanani platinum-group metals (PGM) project, situated on the Platreef. 

New platinum reef unearthed in Canada

28th January 2005 Canadian exploration and development group Platinum Group Metals (PTM) last week reported the discovery of a new platinum-bearing reef within the Seagull Intrusion located north-east of Thunder Bay, Ontario, Canada. 

Miner to meet Eritrean govt after exploration halted

10th January 2005 Australian mining company Sub-Sahara Resources, which recently suspended all exploration activities in the East African country of Eritrea due to a government directive, reported last week that it has received a letter from the Eritrean Minister of Energy and Mines requesting a meeting at... 

'SA could still yield world-class deposits'

By: Martin Czernowalow     10th January 2005 While the existence of large reserves of a variety of minerals has been proved in South Africa, the country cannot be considered over-explored, the Directorate Mineral Economics argued in the latest edition of 'South Africa's Mineral Industry 2003/4'. 

Copper-silver exploration for Morocco

7th January 2005 Toronto Stock Exchange-listed Odyssey Resources reported this week that the company has signed an agreement to acquire a package of exploration licenses in Morocco. 

Explorer unearths new African gold prospect

By: Jill Stanford     10th December 2004 CANADIAN mineral exploration company Axmin has discovered a new gold prospect, called Bacanga Head, at its Passendro project area in the Central African Republic. 

Gem exploration venture kicks off

10th December 2004 AIM-quoted diamond-miner Petra Diamonds last week reported the implementation of the formal joint-venture agreement with BHP Billiton World Exploration regarding the Alto Cuilo diamond project in north-eastern Angola. 

Platinum hopeful also active on Bushveld's northern limb

By: Keith Campbell     3rd December 2004 CANADIAN platinum mining junior Platinum Group Metals (PTM), which recently announced a black empowerment joint venture (JV) on the western limb of the Bushveld Complex (see Mining Weekly November 5, 2004), also has its own, quite separate, ventures on the complex’s northern limb. 

Canadian explorer in Mali deal

By: Jill Stanford     3rd December 2004 CANADIAN gold exploration company North Atlantic Resources has entered into an option agreement with a Malian private company to earn 100% interest in the 95 km2 Tinkeleni property in southern Mali. 

Brazil's CVRD seeks global opportunities

By: Keith Campbell     22nd November 2004 For a while, earlier this year, it seemed possible that the world’s largest iron-ore producer, Brazil’s Companhia Vale do Rio Doce (CVRD) would fulfil its explicit ambition of joining the ranks of the world’s Big Three (in terms of market value) mining groups – Anglo... 

Results emerge from uranium study

By: Marcel Chimwala     19th November 2004 Malawi - The outcome of mineral evaluation work carried out by mineral resource estimate specialist firm Hellman and Schofield (H&S) on two African uranium projects, the Kayelekera, in northern Malawi, and the Langer Heinrich, west of central Namibia, has given green light to Australian miner... 

Brazil's big mining cat on the prowl for global opportunities

By: Keith Campbell     19th November 2004 FOR a while, earlier this year, it seemed possible that the world’s largest iron-ore producer, Brazil’s Companhia Vale do Rio Doce (CVRD) would fulfil its explicit ambition of joining the ranks of the world’s Big Three (in terms of market value) mining groups – Anglo... 

New platinum prospecting joint venture launched

By: Keith Campbell     5th November 2004 CANADIAN junior Platinum Group Metals (PTM), South African black empowerment exploration and prospecting company Africa Wide, and mining giant Anglo Platinum have created a platinum group metals exploration joint venture (JV) on the western limb of South Africa’s Bushveld Complex. 

New Oz prospecting company launched

2nd November 2004 Two former senior Normandy Mining executives have teamed up with a Perth businessman, Gilbert George, to head up a new gold exploration IPO, Mindax, which this weekend launched a $3-million raising underpinned by strategically located projects in the recently reinvigorated Sandstone and... 

Oz miner acquires new tenements

20th October 2004 Australian-based mining group Mawson West yesterday announced that it has secured between 75% and 100% of a group of tenements known as Golden Mile South which cover approximately 130 km2 in two contiguous projects south-east of Kalgoorlie in Western Australia. 

Coal-miner to begin Malawi exploration

By: Marcel Chimwala     15th October 2004 Malawi - Malawian coal-mining firm Mchenga Coal Mines is preparing to carry out a core drilling programme as part of its exploration initiative for additional coal reserves in its northern Livingstonia coalfields. 

Miner reports robust PNG drill results

12th October 2004 More robust results have been received from drilling at the 1,49-million oz Simberi gold project in Eastern Papua New Guinea, a joint venture between Allied Gold subsidiary Nord Pacific and Simberi Gold. 

AngloGold Ashanti buys stake in Oz miner

12th October 2004 Australian-based Red 5 has secured the backing of leading gold producer AngloGold Ashanti for an expanded regional exploration push at its 80%-owned Siana gold project in the Philippines through a landmark strategic alliance, $5,5-million placement and joint venture arrangements announced yesterday. 

Pakistan copper project advances

8th October 2004 Base metals group Tethyan Copper Company yesterday reported what it termed “exceptional” metallurgical test results from work carried out as part of a bankable feasibility study at its H4 Copper Project, in Pakistan. 

Early-stage discovery at Gabon gem prospect

8th October 2004 Toronto Stock Exchange-listed SouthernEra Diamonds this week announced the discovery of meta-kimberlite bodies at the Makongonio diamond exploration project in southern Gabon. 

New DRC copper expansion completed

8th October 2004 Copper and silver producer Anvil Mining announced this week that it has completed commissioning of the stage II expansion at the Dikulushi Mine in the Democratic Republic of Congo (DRC). 

Drilling programme completed at Messina platinum project

1st October 2004 Independent platinum producer Southern Platinum this week announced that the Phase 2 in-fill drilling programme at the Dwaalkop section of the Greater Messina platinum project has been completed to a depth of 1 000 m, resulting in a 16% increase in the platinum group metals resource compared to a... 

Chile gold/copper project advancing

30th September 2004 Canadian miner Placer Dome, Bema Gold Corporation and Arizona Star Resource Corporation yesterday announced they have reached an agreement on certain amendments to the Compania Minera Casale (CMC) Shareholders' Agreement. 

Canadian miner continues exploration in SA

30th September 2004 Canadian miner Platinum Group Metals (PTM) is continuing its exploration projects in South Africa, focusing on platinum group Elements, the group reported this week. 

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