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Exploration News

Beowulf awards resource estimate, ESIA roadmap contracts

By: Marleny Arnoldi     2nd May 2018 Aim-listed exploration and development company Beowulf Mining has awarded a mineral resource estimate (MRE) contract for the Aitolampi graphite project, in Finland, to mining consultancy CSA Global. 

Alba Minerals raises £800 000, exploration progressing well

By: Marleny Arnoldi     2nd May 2018 Resource company Alba Minerals has raised £800 000 through the issue of about 266-million shares at 0.3p a share on the Aim.  

Botswana Diamonds, Vast to collaborate on Zim diamond mining

By: Marleny Arnoldi     2nd May 2018 Aim-listed Botswana Diamonds has signed a memorandum of understanding with Vast Resources for the exchange of information derived from past exploration on areas prospective for diamonds in Zimbabwe.  

Botswana Diamonds, Vast to collaborate on Zim diamond mining
Botswana Diamonds chairperson John Teeling

Evolution buys Orion's Queensland exploration project

By: Esmarie Swanepoel     2nd May 2018 Gold miner Evolution Mining has entered into an agreement with ASX-listed Orion Minerals to acquire its Connors Arc exploration project, in Queensland. Under the terms of the agreement, Evolution would pay an up-front cash payment of A$1.5-million, followed by two payments of A$500 000 each on... 

Kirkland Lake looks towards Australian Union Reefs revival; visible gold near Fosterville

By: Henry Lazenby     1st May 2018 Triple-listed Canadian miner Kirkland Lake Gold has reported strong drill results from the Union Reefs project, located in Australia’s Northern Territory, the company announced on Monday. Four holes for 4 287 m were drilled from surface to test the potential of the Prospect, Crosscourse and the... 

Kirkland Lake looks towards Australian Union Reefs revival; visible gold near Fosterville

Sandfire takes stake in Adriatic Metals

By: Esmarie Swanepoel     1st May 2018 Copper miner Sandfire Resources has taken a 7.7% interest in fellow-listed Adriatic Metals, subscribing for A$2-million in shares. Adriatic recently completed an initial public offering, raising A$10-million in the process. 

Stonewall adds to South African resources

By: Esmarie Swanepoel     1st May 2018 South Africa-focused gold developer Stonewall Resources has reported a 39% increase in its mineral resource, driven by a 146% increase in the Glynns-Lydenburg resource and the inclusion of the Vaalhoek mineral resource. Stonewall’s group mineral resource now measured at 5.15-million ounces,... 

Northwest Territories gets shortest end of straw as mining boosts Nunavut, Yukon economies

By: Henry Lazenby     1st May 2018 A lack of new mining projects in the development pipeline of Canada’s Northwest Territories (NT) is threatening to derail the region’s economic growth outlook, the latest ‘Territorial Outlook’ by The Conference Board of Canada (CBoC) has found. The independent Ottawa-headquartered think tank... 

Tulkubash feasibility study supports Chaarat gold project, significant exploration planned

By: Schalk Burger     30th April 2018 A feasibility study on Aim-listed Chaarat Gold’s Tulkubash oxide gold project, in Kyrgyz Republic, Central Asia, indicated a 3.75 year mine life, with 16-million tonnes of reserves at an average grade of 0.91 g/t gold. However, ongoing exploration will be carried out in parallel with the project... 

Yanfolila ramp-up sees 9 912 oz of gold poured in March

By: Schalk Burger     30th April 2018 Aim-listed West African gold producer Hummingbird Resources has successfully ramped up gold production at its opencast Yanfolila mine and plant, in Mali, with 9 912 oz poured in March. The Yanfolila project produced 18 785 oz of gold in the quarter ended March 31, with the mine and plant... 

Alligator River gets exploration funding – Vimy

By: Esmarie Swanepoel     30th April 2018 Uranium explorer Vimy Resources is planning to raise A$6-million to fast-track exploration at its Alligator River project, in the Northern Territory. The company will issue 55-million fully paid ordinary shares at a price of 11c each to new and existing institutional and sophisticated investors,... 

Teck abandons Marindi JV

By: Esmarie Swanepoel     30th April 2018 ASX-listed junior Marindi Metals has regained full ownership of the Yalco exploration project, in the Northern Territory, after Teck Australia withdrew from the joint venture (JV). Teck, which was earning a 70% interest in the project area, has spent over A$3-million on the project since the JV... 

MGX looking forward to booking first revenue by Oct as commercial petrolithium plants deploy

By: Henry Lazenby     28th April 2018 Budding energy metals producer MGX Minerals is looking forward to generating its first revenues later this year as the first commercial petrolithium extraction systems deploy to sites in Utah and Alberta. “It’s a liability until it becomes an asset,” president and CEO Jared Lazerson says of the... 

MGX looking forward to booking first revenue by Oct as commercial petrolithium plants deploy
Photo by MGX Minerals
Lithium carbonate produced from oilfield brine using MGX's rapid recovery process

Archer weighs options for non-graphite projects

By: Esmarie Swanepoel     27th April 2018 ASX-listed junior Archer Exploration has announced a strategic review of its non-graphite assets to consider long-term shareholder value. The company said on Friday that the review would include the investigation of a separately listed company holding the non-graphite project, which might be... 

Uncertainty remains in mining industry, technology transformation arising

By: Jessica Oosthuizen     27th April 2018 Recent changes in political leadership suggest that the South African mining industry may be moving towards a clearer operating framework but much uncertainty remains, says consulting engineering and science company SRK Consulting partner and principal consultant Andrew van Zyl. “This uncertainty... 

Uncertainty remains in mining industry, technology transformation arising
INNOVATION IMPERATIVE Innovative thinking must be embedded into all specialist disciplines of consulting engineering so that the full benefit of modern invention can be applied

Mandela Mining Precinct to produce next gen mining equipment

By: Nadine James     27th April 2018 The Mandela Mining Precinct’s primary objective is to drive research, development and innovation and the investment therein, and it is extremely important, in terms of the local industry’s sustainability, that the next generation of mining equipment is developed by indigenous South African... 

Mandela Mining Precinct to produce next gen mining equipment
Photo by Dylan Slater
BRAINSTORMING The Mandela Mining Precinct’s research and development workstreams are tackling challenges pertaining to dilution, narrow seams, and hard rock mining

Mandela Mining Precinct seeks to safeguard jobs, says Chamber of Mines

By: Nadine James     27th April 2018 The Chamber of Mines (CoM) is excited about the launch of the Mandela Mining Precinct, which seeks to preserve jobs while creating new skilled positions through its support, research, industrial and sustainable development initiatives for the local mining sector, says CoM senior executive:... 

Mandela Mining Precinct seeks to safeguard jobs, says Chamber of Mines
SIETSE VAN DER WOUDE Industry has to address needs pertaining to the skills, health, safety and personal fulfilment of workers, while ensuring that mining operations become more efficient, and profitable

2015 Mining Phakisa birthed Mandela Mining Precinct

By: Nadine James     27th April 2018 The Mandela Mining Precinct, as one of the key initiatives that resulted from the 2015 Mining Phakisa, is important in terms of developing new mining technologies that support the sustainability, efficiency, and longevity of the South African mining industry while simultaneously catalysing... 

2015 Mining Phakisa birthed Mandela  Mining Precinct
JEFF RADEBE AND RUDI DICKS The Mining Phakisa was a government initiative led by the Presidency aimed at developing a shared vision and growth strategy for the long-term development and transformation of the mining sector

W completes drilling campaign at Tarouca tungsten project

By: Marleny Arnoldi     26th April 2018 Aim-listed W Resources has completed a reverse circulation (RC) drilling campaign at its Tarouca tungsten and tin exploration licence in Portugal.  

N American oil & gas, mining sectors released a third of total 2013 pollution – report

By: Henry Lazenby     25th April 2018 A new report that fine-combed the national pollutant release and transfer registers (PRTRs) of Canada, the US and Mexico to explore pollutant data reported by industrial facilities, has pointed to the critical need to standardise the way information is collected across the three jurisdictions,... 

N American oil & gas, mining sectors released a third of total 2013 pollution – report

Ivanhoe reaches Platreef Shaft 1 milestone 750 m below surface

By: Henry Lazenby     23rd April 2018 Blockbuster mine developer Ivanhoe Mines has reached a significant development milestone at its Platreef platinum/palladium/ gold/nickel/copper discovery on the northern limb of South Africa’s Bushveld Complex, after Shaft 1 has reached a depth of 750 m. Lateral development will take place from... 

Ivanhoe reaches Platreef Shaft 1 milestone 750 m below surface

First Centenera drill hole hits strong Cu/Au mineralisation at Esperanza

By: Henry Lazenby     23rd April 2018 The maiden drill hole at junior explorer Centenera Mining's Esperanza project, in Argentina, has hit strong copper and gold mineralisation from surface to about 166 m. The Vancouver-based company reported the results of the first 166 m of the 387-m-deep drill hole 18-ESP-025, returning 166 m... 

Ferrum Crescent appoints Spanish consultancy at Toral

By: Creamer Media Reporter      23rd April 2018 European explorer Ferrum Crescent has engaged the services of Spanish consultancy Mining Sense to complement the existing operational team at the Toral lead/zinc/silver project. Led by Mining Sense technical director Jesús Montero, the consultancy team will assist with the preperation of... 

Apollo plans IPO for Constellation subsidiary

By: Esmarie Swanepoel     23rd April 2018 ASX-listed junior Apollo Minerals announced plans to list its Fraser Range nickel/copper and gold assets on the Australian bourse through an initial public offering (IPO). The separate listing of Apollo’s subsidiary Constellation Resources, would allow the company to focus its efforts on its... 

Toro launches Yandal gold project

By: Esmarie Swanepoel     23rd April 2018 Uranium developer Toro Energy has initiated the Yandal gold project, which would see the company undertake gold exploration at its Lake Maitland uranium project, in Western Australia. The company at the end of last week flagged the possibility of hunting for other minerals within its Wiluna... 

Mining firms from China to Canada watch as Greenland holds election

By: Reuters     21st April 2018 With melting ice expanding access to the Arctic, investors from China to Canada are watching Greenland's election next week for signs of the political will to get a flagging mining programme on the island back on track. Greenland is hoping rising commodity prices can help attract foreign... 

Mining firms from China to Canada watch as Greenland holds election

IronRidge secures additional exploration rights

By: Marleny Arnoldi     20th April 2018 Aim-listed IronRidge Resources’ joint venture (JV) with Joy Transporters over the Saltpond and Cape Coast projects, in Ghana, has been finalised.  

Toro hunting for gold at Wiluna

By: Esmarie Swanepoel     20th April 2018 Uranium developer Toro Energy has told shareholders that it was evaluating other avenues to extract value from its Wiluna project, in Western Australia, given the current suppressed uranium price. The ASX-listed company said on Friday that it was assessing Wiluna’s prospectivity to host other... 

SA to remain among top nickel producers

By: Victor Moolman     20th April 2018 Market research company BMI Research forecasts that South Africa will remain among the top ten nickel producers in the world, with an estimated 49 500 t expected to be produced this year. South Africa has several nickel-producing mines, with one of the largest being the Nkomati mine, in... 

SA to remain among  top nickel producers
Photo by Creamer Media
SOUTH AFRICAN GROWTH New nickel mining projects that are under way will boost South Africa’s nickel production

Positive growth for African copper industry expected

By: Victor Moolman     20th April 2018 Market research firm BMI Research (BMI), a member of the Fitch Group, predicts positive production growth for the copper mining industry and in copper mine project development across Africa in its copper market research report ‘Global Industry Overview’, released last month. BMI commodities... 

Positive growth for African copper industry expected
Photo by Creamer Media
COPPER POTENTIAL The Prieska zinc-copper project in South Africa shows continued growth

First phase of Lesotho diamond mine project poised for commercial production in second half of 2018

By: Mia Breytenbach     20th April 2018 Angola- and Lesotho-focused diamond miner Lucapa Diamond Company believes that once the Mothae diamond mine, in Lesotho, enters into full production, the operation, paired with the company’s Lulo alluvial diamond mine, in Angola, will position it as one of few worldwide to have two mines... 

First phase of Lesotho diamond mine project poised for  commercial production in second half of 2018
MINING POTENTIAL Lucapa made its first diamond recoveries from Mothae last month, with the largest of the about two dozen diamonds recovered in the first test run being 6.6 ct

Latin America the leading region in new global wave of exploration

By: Rebecca Campbell     20th April 2018 Worldwide, the mining industry has been recovering from the slump that started in 2012. “After a challenging 2013/14 when the prices of commodities plummeted across the board, 2016 and 2017 have seen resurging prices of aluminium, copper, zinc, nickel, lead, palladium, and more modestly in gold,”... 

Latin America the leading region in new global wave of exploration

Denison outlines more high-grade mineralisation at Gryphon

By: Henry Lazenby     19th April 2018 Uranium explorer and development company Denison Mines has discovered more high-grade uranium ore 600 m and 1 km to the northeast of the Gryphon uranium deposit, on the company’s 63.3%-owned Wheeler River project, in northern Saskatchewan, the company reported on Wednesday. With the 21 153 m... 

Phoenix Global PEA lifts Idaho-based Empire mine output 16%

By: Henry Lazenby     19th April 2018 A preliminary economic assessment (PE) of LSE-quoted project developer Phoenix Global Mining’s historic Empire mine, in Idaho, has outlined a 16% improved production scenario over previous estimates, taking only the openpit copper oxide resource into consideration. The PEA shows an average copper... 

Northcliff hopeful of ‘timely conclusion’ of Sisson permitting

By: Henry Lazenby     18th April 2018 Project developer Northcliff Resources is hopeful for a timely conclusion of the amendment process of the applicable metal mining effluent regulations, in consultation with all stakeholders and led by Environment Canada and Climate Change, for its Sisson tungsten/molybdenum mine, in New... 

Callinex lifts Nash Creek resources in New Brunswick’s Bathurst Camp

By: Henry Lazenby     17th April 2018 Base metals-focused Callinex Mines has reported a substantial resource increase at the near-surface Nash Creek deposit, in New Brunswick’s Bathurst Mining Camp. The Canadian National Instrument 43-101-compliant indicated resource rose 74% over prior estimates to 963-million pounds of zinc... 

Maiden resource announced at Connemara’s Stonepark JV

By: Creamer Media Reporter      17th April 2018 Irish gold and zinc explorer Connemara Mining has announced a maiden inferred resource estimate at its Stonepark zinc project, in Limerick. The joint venture (JV) project between Group Eleven (76.56%) and Connemara (23.44%) has a mineral resource estimate of 5.3-million tonnes, grading 11.15%... 

Beowulf inks graphite collaboration deal with Finnish university

By: Creamer Media Reporter      17th April 2018 Aim-listed Beowulf has signed a graphite collaboration agreement with Åbo Akademi University, formalising an agreement that the company has forged with the university, in Turku, Finland, over several years. The agreement is focused on knowledge sharing, the identification of graphite prospects,... 

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