Exploration
GOLD
Galane Gold acquires Botswana exploration assets
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TSX-V-quoted Galane Gold has completed the acquisition of Northern Lights Exploration (NLE), giving it control over prospective gold areas in the Tati Greenstone Belt, in Botswana.
The company acquired the shares through its Botswana subsidiary...
By: Henry Lazenby
11th April 2012
EXPLORATION
SGX Resources acquires Ontario mineral claims
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TSX-V-listed gold exploration and development company SGX Resources has acquired three mineral claims in the Porcupine mining division of Cochrane, Ontario.
The company bought the claims near the Hutt and Halliday townships from Yvan Verroneau...
By: Henry Lazenby
11th April 2012
MINERAL SANDS
Sierra Rutile increases output, says expansions on track
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Aim-listed Sierra Rutile increased its first-quarter rutile production by 48% to 20 693 t and said on Tuesday it remained on track to reach its 2012 rutile production guidance of 80 000 t.
Ilmenite production jumped 57% to 4 960 t, the Sierra...
By: Henry Lazenby
10th April 2012
RARE EARTHS
Canada-listed explorer produces first chemical-grade rare-earth samples at Tanzania project
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Toronto-listed mineral explorer Montero Mining and Exploration has produced the first samples of concentrated rare-earth chemical-grade products from its Wigu Hill project in Tanzania.
By: Natalie Greve
6th April 2012
MINE DEVELOPMENT
Shanta seeks $35m to bring Tanzania gold mine into production
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Aim-listed Shanta Gold said on Wednesday it would seek to raise at least $35-million, which it would use to bring the New Luika gold mine, in Tanzania, into production by the third quarter.
The company said the raising would consisting of...
By: Henry Lazenby
4th April 2012
VANADIUM
Windimurra proves up more resource
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Vanadium miner Atlantic has increased the resource at its Windimurra project, in Western Australia, by some 16% to 243-million tons, grading 0.48% vanadium oxide.
The resource update was a result of further drilling and surveying conducted in...
4th April 2012
CORPORATE ACTIVITY
Kibo to buy Tanzania coal, uranium assets
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Tanzania-focused exploration and development company Kibo Mining on Monday announced that it had, subject to certain conditions, acquired controlling interest in two strategic energy resources in the country.
The Aim- and JSE-listed company would...
By: Henry Lazenby
2nd April 2012
COMMUNITY RELATIONS
Ontario junior gets C$3.5m settlement to cede controversial claims
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Against a backdrop of simmering tensions between aboriginal communities and exploration companies in Ontario, the government announced on Thursday it reached a C$3.5-million settlement with God’s Lake Resources, whereby the company agreed to...
By: Matthew Hill
30th March 2012
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