R/€ = 15.90 Change: -0.01
R/$ = 14.07 Change: 0.00
Au 1320.93 $/oz Change: 5.93
Pt 805.07 $/oz Change: 17.61

Exploration News

Nordgold exploration programme to further increase Guinea mine’s reserves

By: Marleny Arnoldi     23rd July 2018 Gold producer Nordgold’s exploration programme at its Lefa mine, in Guinea, is on track to deliver on its target to replace mined gold and increase resources this year, with 85 km of drilling planned. This exploration plan builds on strong progress made in 2017, where exploration activity added... 

Newcrest and Encounter extend search

By: Esmarie Iannucci     23rd July 2018 Gold miner Newcrest Mining and fellow-listed Encounter Resources have extended a project generation alliance by a further 12 months. The initial agreement, which started in July last year, generated five separate unincorporated joint ventures between Newcrest and Encounter, covering some 4 400... 

Nordgold plans to rapidly advance exploration at Burkina Faso mine

By: Marleny Arnoldi     20th July 2018 The exploration programme at gold producer Nordgold’s Taparko mine, in Burkina Faso, is advancing rapidly and is on track to achieve its objectives of replacing mined gold and increasing resources. In 2017, exploration activity added more than 200 000 oz to Taparko’s mineral resources and some... 

Archer readies for spin-out

By: Esmarie Iannucci     20th July 2018 ASX-listed junior Archer Exploration on Friday said that it will pursue an initial public offering (IPO) of its non-graphite exploration business on the ASX, before the end of 2018. The spin-out will be subject to market conditions and the necessary approvals, the company said. 

Lawyer not ‘distressed’ by possibility of Mining Charter being finalised in October

By: Nadine James     20th July 2018 The successful two-day Mining Summit – proposed by Minerals Resources Minister Gwede Mantashe previously – provided a platform for stakeholders to voice their concerns during, substantive discussions on nearly all aspects of the revised Mining Charter, says Hogan Lovells partner and mining head... 

Lawyer not ‘distressed’ by possibility of Mining Charter  being finalised in October
Photo by Creamer Media
WARREN BEECH The summit, and what has resulted from it, has resulted in a different, more positive, scenario

URU continues with exploration at Limpopo project

By: Anine Kilian     18th July 2018 The successful completion of a two-stage six-hole drill programme completed in 2017 on URU Metals’ Limpopo-based Zebediela nickel/platinum group element (PGE) project has resulted in mineralised intersections that exceeded the company's expectations. The company said in an update on Wednesday... 

Shanta continues drilling programme in Tanzania

By: Anine Kilian     18th July 2018 Aim-listed Shanta Gold has drilled four new high-grade intersections as part of the Phase 1 drilling campaign at its Tanzania-based Bauhinia Creek East underground mine.    The new high-grade intersections are situated at depth and to the east of the historical exploration drill hole CSD063,... 

Minotaur terminates Leinster deal

By: Esmarie Iannucci     17th July 2018 ASX-listed Minotaur Exploration has terminated an April agreement to divest of its Leinster tenements, in Western Australia. Under the original agreement, Minotaur would have received A$1.55-million in a mixture of cash, shares and a milestone payment from the private investment firm acquiring... 

Panthera completes initial RC drilling at Burkina Faso project

By: Marleny Arnoldi     16th July 2018 Aim-listed gold exploration and development company Panthera Resources has completed 1.07 km of reverse circulation (RC) drilling over eight holes at its Naton project in southern Burkina Faso.  

More resources at Montepuez

By: Esmarie Iannucci     16th July 2018 Graphite developer Battery Minerals has reported a 14% increase in the mineral resource estimate of the Elephant deposit, at its Montepuez project, in Mozambique. The project is now estimated to host a total measured and indicated resource of 76.9-million tonnes, at 7.3% total graphitic carbon. 

MGX to earn into Belmont’s Nevada lithium property

By: Mariaan Webb     13th July 2018 Diversified miner MGX Minerals has entered into an option agreement to earn into the Kibby Basin lithium brine project, in the western portion of the Great basin in Nevada, the Canadian firm announced on Friday. MGX will acquire an initial 25% interest in Kibby Basin from TSX-V-listed Belmont... 

Zimbabwe has skills, natural resources to support increasing investment

By: Erin Steenhoff-Snethlage     13th July 2018 Zimbabwe has adequate skilled and unskilled labour to support increasing investment and the expansion of mining operations, claims mining, exploration and development company Caledonia Mining. Caledonia owns the Blanket gold mine in Zimbabwe, one of the few operating gold mines in the country.... 

Zimbabwe has skills,  natural resources to support increasing investment
EMMERSON MNANGAGWA The new Zimbabwe government is taking steps to attract investment in the country

Artisanal mining, geopolitical milieu remain challenges

By: Erin Steenhoff-Snethlage     13th July 2018 Artisanal mining in West Africa, as well as an unstable geopolitical environment, remain core challenges to mining investment in the area, states Western Australia-based project developer Sarama Resources. “As noted by a number of key industry players, artisanal mining is becoming pervasive and... 

Asanko focusing on Esaase development to expand production

By: Erin Steenhoff-Snethlage     13th July 2018 As part of its near-term organic growth strategy, Canadian junior gold producer Asanko Gold is focusing on expanding production at the Asanko Gold Mine (AGM) in Ghana, with the development of the Esaase gold deposit, within the 2018/19 calendar year. The AGM, commissioned in early 2016, comprises... 

Gold miner reflects on Ghana achievements

13th July 2018 Gold producer Gold Fields West Africa, a subsidiary of South Africa-based gold major Gold Fields, has invested significantly into the Ghana mining industry over the past 25 years, with shareholders, government and local communities that have and still are benefitting from the gold miner’s... 

Gold miner reflects on Ghana achievements
25TH ANNIVERSARY Gold Fields celebrates its achievement since starting its flagship gold mining operation in Ghana, the Tarkwa mine

Phase 2 drilling campaign to start at Burundi rare earths project

By: Jessica Oosthuizen     13th July 2018 Rare-earth elements (REE) mining company Rainbow Rare Earths will start its Phase 2 drilling campaign at its Gakara project, in Burundi, this month, which will consist of about 750 m of further core drilling at the Kiyenzi prospect, says Rainbow CEO Martin Eales. Gakara is one of the... 

Phase 2 drilling campaign to start at Burundi rare earths project
PROMISING RESULTS Laboratory test results have confirmed the initial field analysis of the presence of multiple intersections of high-grade rare-earth elements at Kiyenzi

West African mining industry shows strong growth potential

By: Erin Steenhoff-Snethlage     13th July 2018 The crowning of two West African mining projects as the winner and the runner-up of Investment Battlefield at the Investing in African Mining Indaba, held in February this year, indicates strong growth potential for mining and investment attraction in West Africa, says Canadian mineral... 

West African mining  industry shows strong growth potential
INVESTMENT POTENTIAL West Africa holds potential for further investment, as indicated by the results of the Investment Battlefield at the Investing in African Mining Indaba

UP to host diamond exploration course in October

By: Nadine James     13th July 2018 The University of Pretoria (UP) will be hosting a short course on ‘Diamond Exploration and their Primary and Secondary Sources’ from October 23 to 26. The internationally recognized short course will be led by Tsodilo Resources nonexecutive director and geologist Dr Mike de Wit and resource... 

Joburg to host ‘safe drilling’ event this month

By: Nadine James     13th July 2018 The DrillSafe initiative will host its inaugural Drill Safe Drill Rig & Safety Innovation Forum at the Glen Hove Conference Centre, in Johannesburg, on July 20.  The forum will explore innovations in to drilling equipment and the exploration work environment, explains DrillSafe founder and Colin... 

Joburg to host ‘safe drilling’ event this month
Photo by Creamer Media
SAFETY IS PARAMOUNT Colin Rice notes that almost every accident in an exploration drilling environment is related to human error

Angolan companies looking to find and exploit local gold and diamond reserves

By: Rebecca Campbell     13th July 2018 The Angolan Government has granted four new prospecting concessions for gold, the Macauhub news agency has reported. All four concessions have gone to partnerships formed by the State-owned Empresa Nacional de Ferro de Angola (Ferrangol – the National Iron Company of Angola) with various private... 

Bluejay's Dundas may be attractive to Rio Tinto – analysts

By: Mariaan Webb     12th July 2018 The closure of Rio Tinto's South African subsidiary Richards Bay Minerals (RBM) as a result of violent protests this week, may play into the hand of London- and Frankfurt-listed Bluejay Mining, which is developing the Dundas ilmenite project, in Greenland. The project is said to be the... 

Bluejay's Dundas may be attractive to Rio Tinto – analysts
Bluejay Mining is developing the high-grade Dundas ilmenite project, in Greenland.

Exploration at Botswana Diamonds JV project delivers encouraging results

By: Creamer Media Reporter      11th July 2018 The first exploration programme undertaken by Botswana Diamonds’ geologists at the Sunland Minerals joint venture (JV), in Botswana, has revealed “encouraging quantities” of kimberlitic indicator minerals (KIMs) identified at all eight anomalies sampled. A total of 267 KIMs were discovered,... 

Canadian firm joins Impact on Broken Hill hunt

By: Esmarie Iannucci     11th July 2018 ASX-listed junior Impact Minerals has signed a letter of intent with TSX-V Listed BlueBird Battery Metals Incorporated over its Broken Hill silver/lead/zinc project, in New South Wales. Under the terms of the farm-in, BlueBird could earn a 75% interest in the five exploration licenses that... 

Orosur to issue shares for advancement of Anzá project

By: Marleny Arnoldi     10th July 2018 TSX- and Aim-listed gold producer Orosur Mining continues to advance discussions to finance the next stage of exploration at the Anzá project, in Colombia.  

Kalahari Metals, Metal Tiger start exploration programme in Botswana

By: Marleny Arnoldi     10th July 2018 Aim-listed resources investor Metal Tiger announced on Tuesday an exploration programme at Kalahari Metals’ (KML’s) projects in the Kalahari copperbelt, in Botswana, has started and is aimed at identifying copper/gold mineralisation.  

Medusa takes inroads into Australia

By: Esmarie Iannucci     6th July 2018 Philippines-focused gold miner Medusa Mining has inked an earn-in agreement over two exploration projects in Queensland. Medusa could earn a 90% interest in either or both projects from owner Ellenkay Gold by managing and funding work programmes through to the completion of a prefeasibility study. 

Gimlet exploration doubles

By: Esmarie Iannucci     6th July 2018 ASX-listed junior First Au has tripled the size of its maiden drilling programme at the Gimlet gold project, in Western Australia, to 10 000 m. The explorer on Friday said that it will now drill more than 160 aircore holes at Gimlet, starting late this month, in addition to the diamond drill... 

Company further explores, develops Marudi gold project

By: Jessica Oosthuizen     6th July 2018 Gold exploration and development company Guyana Goldstrike is implementing its Phase 1 exploration programme with trenching, mapping and sampling at the west extension of the Marudi North zone on its Marudi gold project, located in the Marudi Mountain property, in the Republic of Guyana, South... 

Company further explores, develops Marudi gold project
MOUNTAINOUS MINING Guyana issued a mining licence for the Marudi gold project in 2009 and Guyana Goldstrike has been working with the community to establish a mining operation

Junior miners against Mining Charter III, claim they haven’t benefited from previous iterations

By: Nadine James     6th July 2018 SRK Consulting principal geologist and partner Mark Wanless has suggested that despite government’s stated intention of nurturing a junior mining sector, feedback from last month’s Junior Mining Indaba demonstrated that this commitment has yet to be met.  “There is a strong sentiment among junior... 

Junior miners against Mining Charter III, claim  they haven’t benefited from previous iterations
MARK WANLESS There is a strong sentiment among junior mining companies that they are marginalised and excluded from the action,

Mintek, Difeme partner to beneficiate quartz mined in the Northern Cape

By: Marleny Arnoldi     5th July 2018 Minerals beneficiator Mintek has partnered with Difeme Holdings Group on the development of appropriate process technologies to beneficiate quartz. Mintek will provide technical services to Difeme – a black-owned mining start-up company with a focus on the mining and beneficiation of quartz to a... 

Alba to start exploration, mapping at projects in Greenland this month

By: Marleny Arnoldi     5th July 2018 Aim-listed Alba Minerals says exploration activities at its Thule Black Sands and Inglefield Land projects in north-west Greenland are scheduled to start this month.  

Mining upswing piques renewed exploration interest among Canadian miners

By: Mariaan Webb     5th July 2018 Renewed enthusiasm, thanks to the upswing in the mining cycle, has boosted exploration spending by Canadian miners by 31%, a rate that is more than double the average increase reported by the world’s 40 largest mining companies. According to advisory group PWC, Canada-based mining companies have... 

Mining upswing piques renewed exploration interest among Canadian miners
Agnico Eagle's Meliadine site in Nunavut Territory.

Nigeria to offer 12.7bn naira mining contract to eight firms

By: Reuters     5th July 2018 Nigeria will offer a 12.7-billion naira ($41.6-million) mining contract to eight companies in exploration and consultancy, its junior mining minister said on Wednesday, adding both foreign and local firms were encouraged to participate. Nigeria's economy, one of Africa's largest, has been built... 

Drilling resumes at Oldcastle zinc project in Ireland

By: Creamer Media Reporter      4th July 2018 A new drill programme at the Oldcastle zinc project, in Cavan and Meath, Ireland, has been launched, with about 1 800 m of drilling planned, gold and zinc explorer Connemara reported on Wednesday. The Oldcastle project is a joint venture between Connemara and Teck Resources subsidiary Teck... 

Newcrest strikes earn-in deal with Prodigy

By: Esmarie Iannucci     4th July 2018 Gold miner Newcrest Mining has signed a farm-in agreement with ASX-listed junior Prodigy Gold over its Euro project, in the Northern Territory. Under the terms of the agreement, Newcrest could earn an initial 51% interest in the project by spending A$6-million on exploration over a period of... 

Technology Metals adds to Gabanintha portfolio

By: Esmarie Iannucci     4th July 2018 Vanadium developer Technology Metals Australia has acquired a strategic tenement adjacent to its proposed Gabanintha project, in Western Australia. The acquired tenement, which is adjacent to the Northern Block tenements of the Gabanintha project, covers some 109.2 ha and is to the west of the... 

Cradle Arc disposes of Burkina Faso subsidiary owing to deteriorating security

By: Simone Liedtke     4th July 2018 Africa-focused base and precious metals exploration and production company Cradle Arc has disposed of its operating subsidiary Société Miniére de Kerboulé (SMK), in Burkina Faso, which holds the wholly-owned exploration licences of Arae and Gassel-Manere, together comprising the Kerboulé gold... 

Galileo starts Norseman drilling four weeks after listing

By: Marleny Arnoldi     3rd July 2018 Newly listed Galileo Mining on Tuesday reported that drilling was under way at the Norseman cobalt project, in Australia, with two rigs currently on site.  

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