R/€ = 15.09 Change: -0.01
R/$ = 12.34 Change: -0.01
Au 1330.74 $/oz Change: 4.99
Pt 931.00 $/oz Change: 12.16

Exploration News

Rainbow starts drilling programme at Burundi project

By: Dylan Slater     10th January 2018 LSE-listed Rainbow Rare Earths has commenced a drilling programme at its Gakara project, in Burundi, which is aimed at supporting the mine plan for the currently productive areas of the licence and exploring the significant geological anomalies that were identified last year.  

Lithium at depth in Namibia – Montero 

By: Martin Creamer     10th January 2018 Significant concentrations of lithium mineralisation have been established in Namibia, where Montero Mining and Exploration has completed assaying historical drilling results.  The Toronto Venture Exchange-listed company announced on Wednesday that lithium-bearing mineralisation, found to be... 

Lithium at depth in Namibia – Montero
Photo by Duane Daws
Montero CEO Dr Tony Harwood

Stellar finds ‘attractive’ bolt-on for Heemskirk tin project

By: Megan van Wyngaardt     10th January 2018 Exploration and development company Stellar Resources has added to its portfolio of Tasmanian tin properties with the recent grant of an exploration licence at the Mount Razorback prospect. The licence is located 10 km to the east of Stellar’s Zeehan mineral resource, and has an unsealed road... 

Osisko Metals continues aggressive BMC acquisitions course

By: Henry Lazenby     10th January 2018 Base metals explorer Osisko Metals has inked a definitive accord with the Canadian Continental Exploration Corporation (CCEC) to acquire 27 mineral claims in the Bathurst Mining Camp (BMC), the company announced on Tuesday. The individual mineral claims comprise 4 to 48 claim units totalling 320... 

Eastmain resources climb as drilling confirms historic high gold grades

By: Henry Lazenby     10th January 2018 Gold explorer Eastmain Resources has announced a new resource estimate for the past-producing Eastmain mine project, located in the Otish Mountains of Northern Quebec. Derived from historic information developed by previous operators and 26 drill holes completed by Eastmain within the deposit's... 

GoldMining enters option to enlarge Yellowknife project

By: Henry Lazenby     10th January 2018 Project consolidator GoldMining has signed an option agreement with Viking Gold Exploration to indirectly acquire the RG1, RG2 and RG3 claims that border the western boundary of the company's Nicholas Lake-Ormsby property – one of the four properties that comprise the Yellowknife gold project... 

Anaconda outlines resource estimate for Argyle discovery

By: Henry Lazenby     9th January 2018 Junior gold producer Anaconda Mining has announced a new mineral resource estimate for its Argyle gold discovery, at the Point Rousse project, in Newfoundland and Labrador. The TSX-listed miner has reported a compliant indicated resource of 38 300 oz of gold, held in 543 000 t grading 2.19 g/t... 

Miner Hudbay fortifies Constancia landholdings

By: Henry Lazenby     9th January 2018 Dual-listed base metals miner Hudbay Minerals has signed agreements to acquire a suite of mining properties located near its Constancia mine, in Peru. The TSX- and NYSE-listed company reported on Monday that its subsidiary HudBay Peru will acquire an option from a private Peruvian consortium to... 

Seabridge mobilises to drill Courageous Lake

By: Henry Lazenby     9th January 2018 TSX- and NYSE-listed precious metals explorer Seabridge Gold is mobilising crew and equipment to start an exploration campaign at its 100%-owned Courageous Lake project, located in Canada’s Northwest Territories, in February. The Toronto-based explorer plans to drill 36 holes over 7 200 m to test... 

Lithium Chile shakes up corporate profile in alignment with lithium aspirations

By: Henry Lazenby     4th January 2018 Chile-focused lithium junior Lithium Chile has revamped itself to better align its corporate image with its aspiration of becoming a go-to lithium producer in the country – the world’s largest and lowest-cost producer of the energy metal. Based in Vancouver, Lithium Chile shareholders voted in... 

Lithium Chile shakes up corporate profile in alignment with lithium aspirations

Fission hits among strongest mineralisation yet at PLS

By: Henry Lazenby     3rd January 2018 Explorer Fission Uranium has hit some of the strongest mineralisation to date at its flagship Patterson Lake South (PLS) project, in Northern Saskatchewan’s south-western Athabasca Basin. The Kelowna, British Columbia-based miner on Wednesday reported the assay results from the last three... 

Fission hits among strongest mineralisation yet at PLS

Osisko Metals adds to Bathurst Mining Camp asset holdings

By: Henry Lazenby     28th December 2017 Base metals focused project developer Osisko Metals has signed an agreement to buy the Key Anacon claims and surrounding area, in the Bathurst Mining Camp (BMC) of New Brunswick, from Hunter Brook Holdings. Based in Montreal, Quebec, Osisko has in recent quarters been actively consolidating base... 

Retrenched Gupta mine employees fail to receive pay

By: Martin Creamer     22nd December 2017 Forty-four people retrenched from the Shiva Uranium Mine in North West belonging to the Gupta company Oakbay have failed to receive expected December pay that formed part of an agreed retrenchment package, Democratic Alliance (DA) councillor Maritha Coetzee told Mining Weekly Online on Friday.... 

Retrenched Gupta mine employees fail to receive pay

Northern Dynasty ready to file application for Pebble’s US CWA 404 permit

By: Henry Lazenby     21st December 2017 Canadian project promoter Northern Dynasty Minerals announced on Thursday that its US-based subsidiary Pebble Limited Partnership (PLP) is ready to file an application for a US Clean Water Act (CWA) 404 permit with the US Army Corps of Engineers on Friday. “At the outset of 2017, we established... 

Northern Dynasty ready to file application for Pebble’s US CWA 404 permit

First Quantum breathes new life into Northern Dynasty’s Pebble project

By: Henry Lazenby     18th December 2017 Base metals miner First Quantum Minerals has signed a framework agreement with Northern Dynasty Minerals to work on formalising an option on the controversial Pebble copper/gold project, in south-east Alaska. The announcement on Monday breathes new life into the project billed as the largest... 

First Quantum breathes new life into Northern Dynasty’s Pebble project

Canadian junior mining company makes progress in Northern Cape

     15th December 2017 Canadian junior mining company Tango Mining has made progress at its Oena diamond project, based in the Northern Cape in South Africa, appointing diamond recovery company Bluedust 7 as its mining contractor, which it announced in October. The contract will take place for a 60-month period, during... 

Canadian junior mining company makes progress in Northern Cape
EXPLORATION ACTIVITIES The Oena diamond mine will see the mining of alluvial diamonds over a 60-month period

Eighth high-value Angolan diamond discovered

     15th December 2017 Australian diamond mining and exploration company Lucapa Diamonds’ Lulo mine, in Angola, delivered pleasing diamond recoveries in November, on the back of the eighth discovery larger than 100 ct at the mine, reinforcing a strong performance from its operations in October, states MD Stephen... 

Eighth high-value Angolan  diamond discovered
LUCAPA PRIDE The Type IIa-D diamond was discovered in Angola last month

Initial mining programme expected to start next year

     15th December 2017 Marine and land-based mining company Diamond Fields International has reaffirmed its commitment to its Namibian operations, announcing at the start of November an initial mining programme for its ML111 licence in offshore Namibia in 2018.  The initial mining programme for the licence area will... 

Initial mining programme expected to start next year
YO TOIVO The vessel is designed to provide efficient and effective mining of diamonds on the seafloor

Underground mine plans for Karowe moving forward

     15th December 2017 The results of a preliminary economic assessment (PEA) announced by diamond miner Lucara Diamonds in November demonstrate the potential economic viability for the development of an underground mine at Karowe, in Botswana. The development of the underground mine is planned after the completion of... 

Underground mine plans for Karowe moving forward
KAROWE OPENPIT The Karowe mine located in Botswana has valuable resources located underground

Fast-paced developments at Prieska benefit all stakeholders

By: Robyn Wilkinson     15th December 2017 Australian minerals explorer Orion Minerals’ activity at the Prieska zinc/copper mine present an “unparalleled” value creation opportunity for investors and shareholders while promoting and supporting critical socioeconomic development in the Northern Cape, says Orion Minerals MD Errol Smart.  

Fast-paced developments at Prieska benefit all stakeholders
PROJECT ADVANCES Sixteen drill rigs are operating on site in a dual-focused drill programme that aims to confirm the extensive historical drilling database on the remaining mineralisation at Prieska

BME’s West African footprint expands as it clinches Mali blasting service contract

By: Mia Breytenbach     15th December 2017 West Africa remains an exciting region for South Africa-based explosives and blasting leader BME, which has won a full blasting service contract for a new opencast gold mining operation that is set to become the largest producer in Mali. From 2006 to 2015, 18 mines were opened in the region,... 

BME’s West African footprint expands  as it clinches Mali blasting service contract
SERVICE OFFERING BME will carry out ore blasting using its BME’s Axxis electronic detonation system and will deploy four 20 t emulsion trucks, as well as a stemming truck

Kibaran mulling battery-grade graphite pilot in Germany

By: Mia Breytenbach     15th December 2017 Following the successful completion of a feasibility study on downstream processing of graphite from its Epanko graphite project in Tanzania, exploration company Kibaran Resources will establish a pilot plant in Germany that will be expanded to commercial scale for the supply of premium battery... 

Kibaran mulling battery-grade graphite pilot in Germany
Photo by Bloomberg
INITIAL FOCUS Kibaran Resource plans to accelerate the commercialisation of battery graphite production operations during 2018

Mines urged to leverage technology to supercharge human capital development

By: Nadine James     15th December 2017 Mining companies should leverage technology to spur employee development, aiding in the upskilling of staff while enhancing employee and resource management, says information technology services company Wipro Southern Africa. While mines have incrementally implemented technology into their... 

Space mining is getting close to reality

By: Keith Campbell     15th December 2017 Space mining – the mining of bodies and other worlds in outer space for minerals and other natural resources – remains within the realm of science fiction. For now. But, during the younger years of most of the world’s current senior mining executives, personal communication devices (cell phones)... 

Space mining is getting close to reality

State of local mining regulations shun investment, says CoM report 

By: Dylan Slater     14th December 2017 The findings of a recently conducted Chamber of Mines (CoM) survey indicate that if South Africa’s mining industry shifts its focus to create an attractive policy, regulatory and governance environment – through ethical leadership, good governance and the adoption of competitive, stable and... 

Conglomerate-gold hopeful Novo granted tenements for Comet Well

By: Mariaan Webb     14th December 2017 TSX-V-listed Novo Resources has been granted tenements at the conglomerate-hosted gold discovery Comet Well, south of Karratha, Western Australia. The granting of the tenements by the Department of Mines, Industry Regulations and Safety entitles Novo to start exploration aimed at satisfying... 

Sheffield spin-off Carawine starts trading on ASX

By: Mariaan Webb     14th December 2017 A new exploration company with gold and base metals assets in Victoria and Western Australia started trading on the ASX on Thursday, following an oversubscribed A$7-million initial public offer (IPO) that closed in late November. Carawine was spun out of ASX-listed Sheffield Resources, which is... 

Indian policy body stresses need to widen mineral exploration

By: Ajoy K Das     13th December 2017 The National Institute for Transformation of India (NITI Aayog), government’s policy advisory body, has called for the proposed National Mineral Policy (NMP) to stimulate more mineral exploration, noting that only 10% of the country’s obvious geological potential (OGP) has been explored. Making... 

Kodal to protect Bougouni interests, applies for new licences

By: Mia Breytenbach     13th December 2017 Aim-listed Kodal Minerals has taken action to protect its ownership of relevant interests in the Kolassokoro licence area by filing new applications for two 100 km2 licences covering high-priority areas that form part of the Bougouni lithium project, in Mali. Kodal gained an interest in the... 

Lupaka upgrades Invicta road as a critical step towards imminent production

By: Henry Lazenby     12th December 2017 Peru-focused gold explorer and project developer Lupaka Gold has appointed a contractor to expand, enhance, and modify 27 km of road starting from the paved Huacho-Churin-Oyon highway, located at about 1 500 m above sea level, up to the Invicta project, located at about 3 500 m above sea level.... 

Weatherly to acquire Zambia copper development project

By: Mia Breytenbach     12th December 2017 Aim-listed Weatherly International will acquire the Kitumba copper project in Zambia from ASX-listed Intrepid Mines for an upfront cash consideration of A$4.75-million. The company on Tuesday announced that it had entered into a binding agreement with Intrepid to buy the project, with the... 

Trevali discovers significant new massive sulphide zone at New Brunswick-based Caribou mine

By: Henry Lazenby     12th December 2017 Zinc producer Trevali Mining has discovered a significant new body of massive sulphide mineralisation containing significant zinc-rich polymetallic intervals at the Caribou zinc mine, in the Bathurst Mining Camp of New Brunswick. The additional mineralisation substantiates Trevali's decision to... 

Trevali discovers significant new massive sulphide zone at New Brunswick-based Caribou mine
Photo by Trevali Mining
The Caribou mine, in New Brunswick

Cyril Ramaphosa calls for mining sector action 

By: Martin Creamer     11th December 2017 South Africa must urgently break the ongoing deadlock on the regulation and transformation of the mining sector to ensure the proper use of this country’s world-class mineral resources, says Deputy President Cyril Ramaphosa. In an article on the CR17 Siyavuma campaign website, ahead of this... 

Cyril Ramaphosa calls for mining sector action
Photo by Duane Daws
Deputy President Cyril Ramaphosa

Strategic Minerals encouraged by Cornwall tin/tungsten drilling results

By: Creamer Media Reporter      11th December 2017 Aim-listed explorer Strategic Minerals and its joint venture (JV) partner are considering methods of expediting the Redmoor tin/tungsten project in south-west England, following better-than-expected drilling results. Phase 2 of the 2017 drilling programme at the project, held in a JV with New Age... 

Resgen signs coal offtake agreement with Noble

By: Dylan Slater     11th December 2017 Coal miner Resource Generation’s (Resgen’s) Ledjadja Coal Limited (LCL) subsidiary has signed an offtake agreement with energy products company Noble Resources International for the supply of additional uncontracted coal to be produced at the Boikarabelo mine, in South Africa’s Waterberg region 

Hannans raises A$3.6m for WA exploration

By: Mariaan Webb     11th December 2017 ASX-listed junior Hannans has raised A$3.6-million in an oversubscribed capital raising to fund continued exploration for lithium at the Forrestania project, in Western Australia. The project is near the Earl Grey lithium project being developed by NYSE-listed SQM and Australian miner Kidman... 

Condor Gold focused on resource expansion as permitting delay weighs

By: Henry Lazenby     9th December 2017 Despite permit delays, it’s been a good year for Condor Gold as it continues work on proving up a large commercial reserve on its 100%-owned La India project, in Nicaragua. Chairperson and CEO Mark Child is currently on a three-week visit to Nicaragua to smooth over relations with the government... 

First mover Noront shifts RoF focus to Cu/Zn exploration

By: Henry Lazenby     8th December 2017 With the first commitments in place to build roads into Northern Ontario’s emerging Ring of Fire (RoF) mining camp, regional first mover Noront Resources is taking the opportunity to continue to build out its inventory of polymetallic resources by prioritising copper/zinc targets for exploration... 

First mover Noront shifts RoF focus to Cu/Zn exploration

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