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Exploration News

Norddeutsche, Yunnan sign cooperation deal

15th September 2003 Norddeutsche Affinerie, the world's fifth largest copper producer, at the weekend signed its long-awaited cooperation agreement with China's Yunnan Copper, the company said in a statement. 

Copper production matches design output

By: Jill Stanford     5th September 2003 COPPER production has reached its expanded design output at First Quantum Mineral’s Bwana Mkubwa solvent extraction-electrowinning (SX/EW) facility in Zambia. 

Finder turns keeper

By: elizabeth rebelo     29th August 2003 Randgold Resources has a great reputation as a finder of gold prospects. Now it wants to show its worth as a keeper of them as well. 

Gold Fields gives priority to exploration

By: Deborah Spicer     22nd August 2003 Gold producer Gold Fields underscored the importance of exploration to the group when it announced at its interim results earlier this month that its exploration budget for the June quarter had more than doubled to R100-million. 

Modder East exploration picks up pace

By: Zonika Botha     15th August 2003 South African gold-miner Afrikander Lease (Aflease) is continuing with its exploration activities at Modder East. 

Marine gem miner looks landside

8th August 2003 AS part of its plan to expand its operations and mining asset base, Diamond Fields International (DFI) is acquiring a collection of land-based diamond and nickel exploration properties. 

Gem BEE acquires Namaqualand mine

21st July 2003 Minerals company African Star announced on Friday that it has agreed to acquire, and intends to redevelop mining operations at, the Bonte Koe alluvial diamond mine in Namaqualand, in the Northern Cape Province. 

Platinum giant increases its exploration budget

By: zeena isaacs     18th July 2003 Geological exploration is a key component of Anglo Platinum’s expansion programme to produce 3,5-million oz of refined platinum by the end of 2006. 

Council for GeoScience expands drilled ‘core’ centre.

15th July 2003 The Council for GeoScience's of Pretoria is reporting significant success in its plan to develop a comprehensive core-samples archive. 

Canadian explorer makes play for Limpopo PGMs

11th July 2003 Canadian exploration company Platinum Group Metals (PGM) has set its sights on the platinum-rich Bushveld Igneous Complex in the Limpopo Province, in South Africa. 

New mine needs only a tenth of usual workforce

By: elizabeth rebelo     4th July 2003 Twenty thousand rand a month is the average salary per employee at South Africa’s most modern gold-mine, Mining Weekly can today exclusively report. 

100 t of gold recoverable

4th July 2003 Target is located on the northern limit of the Welkom goldfields, between the towns of Bothaville and Welkom, in the Free State province. 

Precious minerals exploration is intensifying in Malawi

By: Marcel Chimwala     27th June 2003 Malawi – The Malawian government says it has intensified mineral exploration and project assessment studies for a number of precious metals and minerals, such as gold, platinum-group metals (PGMs) and diamonds, in the country. 

Explorer makes new Mali find

27th June 2003 Canadian explorer Etruscan Resources announced yesterday its results from a 3 000 m reconnaissance-drilling programme on the Finkolo Permit in the West African country of Mali. 

Africa a priority for Brazil mining group

By: Keith Campbell     20th June 2003 Africa is emerging as a priority area in Brazilian mining group CVRD’s plans to join the top 3 global mining companies in market capitalisation. 

$40m for base-metal exploration

By: zeena isaacs     13th June 2003 Mining giant Anglo American has set aside a global budget of $40-million for base metal exploration this year. 

Papua New Guinea and SA targeted for exploration

By: zeena isaacs     13th June 2003 The fifth largest gold producing company in South Africa, and 12th internationally, Durban Roodepoort Deep (DRD), has R37,5-million available for exploration next year, says acting group mineral resources manager Thys Heyns. 

Miner looking for gold, platinum

By: zeena isaacs     13th June 2003 A budget of about $8-million is available to Harmony Gold for worldwide exploration this year. 

Gold giant has new exploration plan to increase its ounces

By: zeena isaacs     13th June 2003 A new exploration strategy has been implemented at AngloGold, one of the world’s largest gold producers, producing about six-million oz of gold a year. 

New prospects for gold-miner

13th June 2003 Following the re-establishment of its operating presence in Tanzania, Randgold Resources has completed a study of the Lake Victoria goldfields. 

Exploration specialist generates 34 projects

13th June 2003 More than thirty-four exploration projects have been generated in South Africa by MSA Projects, a specialist exploration company that finds and promotes mineral deposits. 

CVRD, IDC, Iscor link up on Moz coal study

By: Keith Campbell     13th June 2003 Brazil's CVRD has signed MoU with IDC and Iscor on Moatize coal study; SA Trade & Industry Minister Erwin reveals Brazil/SA mining companies JV in offing. 

SA gold miners in search of Eldorado

By: Keith Campbell     9th June 2003 El Dorado! ‘The golden one’, the glittering legend of a king and kingdom rich in gold, somewhere in the wild interior of South America, one of the greatest and most mesmeric myths of all time. 

Seeking El Dorado – South African gold-mining companies in South America

By: Keith Campbell     6th June 2003 El Dorado! “The golden one”, the glittering legend of a king and kingdom rich in gold, somewhere in the wild interior of South America, one of the greatest and most mesmeric myths of all time. 

Miner receives loan approvals for Moma project

26th May 2003 Natural resources exploration and mining group Kenmare Resources has announced that it has received notification of Board level loan approvals for 55-million euros from the European Investment Bank and $40-million from the African Development Bank for the Moma Titanium Minerals Project in... 

Exploration proves sizeable gypsum resource in Malawi

By: Marcel Chimwala     16th May 2003 Malawi – An exploration for gypsum – a major ingredient in the production of cement – has proved that Malawi has sufficient reserves to cater for the production of cement in the Southern African country, which has traditionally imported all its gypsum requirements. 

Foreign miners optimistic of new discoveries in SA

By: Keith Campbell     2nd May 2003 THE Foreign Investors Mining Association (Fima) strongly believes in the potential for new mineral discoveries in this country. 

Mineral rights firm completes empowerment deal

18th April 2003 The black economic empowerment (BEE) company Marothodi Resources has obtained a 26% stake in Randgold & Exploration’s mineral rights management company Minrico, which is to be developed as a fully fledged, South African based resource company. 

Gold major says explore or bust

By: Jill Stanford     7th April 2003 Global gold-mining company Barrick Gold Corporation believes that, while the ‘urge to merge’ remains, particularly at the mid-tier and junior level, exploration now has to take centre stage, especially among the majors. 

Explore or bust

4th April 2003 Global gold mining company Barrick Gold Corporation believes that while the ‘urge to merge’ remains, particularly at the mid-tier and junior level, exploration now has to take center stage, especially among the majors. 

Explorer calls for new gold-prospecting push

28th March 2003 The consolidation of the global gold mining industry has masked its stagnation over the past five years and it now urgently needs to make new discoveries, says Dr Mark Bristow, CE of Randgold Resources. 

Base metals a key exploration focus for Anglo

By: Martin Czernowalow     25th March 2003 Mining giant Anglo American said in its 2002 annual review that it spent $93-million on exploration last year. 

SA miners sign Aussie settlement

14th March 2003 A new joint venture agreement, between AngloGold Australia, Striker Resources and De Beers Australia Exploration Limited, has been signed this week, covering a large ground holding in the east Kimberley region of Western Australia. 

Finns make impact on African geology

By: Keith Campbell     28th February 2003 The article surveys the Geological Survey of Finland’s involvement in projects in Africa since 1977. 

SA gold major spells out exploration plans

25th February 2003 South African gold leader, AngloGold, its approach to exploration was focused on the discovery of long-life orebodies with production costs of less than $150/oz. 

Prospects for new Mali mine improve

By: Martin Zhuwakinyu     21st February 2003 The likelihood of mine development at gold producer Randgold Resources’ 80%-owned Loulo prospect, in Mali, starting this year has been raised by the announcement that the Malian government has established an inter-ministerial commission to put together a regulatory regime for the planned mine. 

Exploration group bullish on Bushveld find

18th February 2003 Canadian miner, Anooraq Resources Corporation has announce that a large platinum group metals (PGM) deposit is indicated from drilling within the Northern Block of its vast land holdings on the Northern Limb of the Bushveld Complex, in South Africa. 

Africa, S America key in gold group's exploration push

By: Keith Campbell     14th February 2003 SOUTH African gold-mining giant Gold Fields will focus most of its 2003 exploration budget of $20-million on Africa and South America, with some also going to Australia and Eastern Europe, Mining Weekly can report. 

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