http://www.miningweekly.com
R/€ = 14.87 Change: -0.01
R/$ = 12.09 Change: 0.03
Au 1337.50 $/oz Change: 6.84
Pt 1004.00 $/oz Change: -12.20
 

Exploration News

Ardea raises cash for WA cobalt exploration

By: Esmarie Swanepoel     15th September 2017 Junior metals explorer Ardea Resources has raised A$5.5-million in a share placement to sophisticated and professional investors, to accelerate drill programmes at its KNP cobalt project, in Western Australia. Some 7.6-million new fully paid ordinary shares would be issued under the company’s... 

South African companies to seek mining opportunities in China

By: African News Agency      15th September 2017 The minister of trade and industry, Rob Davies, said on Friday that China has agreed to support South Africa and Africa’s initiatives of industrialisation and mineral beneficiation as the country embarks on a drive to better exploit its mineral resources. Davies said in a statement that that... 

800 000 t copper output by year-end conservative estimate

By: Simone Liedtke     15th September 2017 Copper production in Zambia will reach just more than 800 000 t by the end of this year as the country is taking steps to regain its position as Africa’s leading copper producer, according to Zambia Chamber of Mines (CoM) initiative Mining for Zambia (MFZ). “This is a conservative estimate,... 

800 000 t copper output by year-end conservative estimate
DRAWING DOLLARS $12.4-billion was invested in new mining ventures in Zambia from 2000 to 2014 by just six mining companies

German companies to display digital solutions for Zambian mines

By: Simone Liedtke     15th September 2017 Nonprofit organisation, the Southern African-German Chamber of Commerce and Industry, is aiming to invite more German companies to Zambia to display digital solutions for mining and Industry 4.0, following the success of its German-Zambian Business Forum. SA-German Chamber Lusaka office head... 

German companies to display digital solutions for Zambian mines
BUSINESS FIRST The first German-Zambian Business Forum was held in Lusaka, Zambia, earlier this year to strengthen economic ties between Germany and Zambia

Reopening of mines to stabilise employment, improve tax revenues

By: Simone Liedtke     15th September 2017 Zambia Chamber of Mines, and its initiative Mining for Zambia (MFZ), is enthusiastic about the reopening of mining operations in Zambia, which it says will not only result in increased copper production but also translate into stabilised employment levels in the country and improved tax revenues... 

Reopening of mines to stabilise employment, improve tax revenues
CONTRIBUTION TO DEVELOPMENT The mining sector contributes to Zambia’s socioeconomic development through the creation of jobs and new business opportunities

Kalumbila facility will service global mining industry

     15th September 2017 By the first quarter of 2018,  a building site in Kalumbila, in North-Western province, in  Zambia, will be transformed into a $40-million manufacturing facility that will produce high-quality mill-balls for mines in Zambia, neighbouring countries and the world market, says Zambia Chamber of... 

Kalumbila facility will service global mining industry
TANGIBLE EXCITEMENT There’s a tangible feeling of excitement in the air at Kalumbila with the coming of the ME Elecmetal plant

Second Copper Cobalt Africa Conference to be held next year

     15th September 2017 Educational institution Southern African Institute of Mining and Metallurgy (SAIMM) will host the second Copper Cobalt Africa Conference at the Avani Victoria Falls Resort, in Livingstone, Zambia, in July next year. 

Second Copper Cobalt Africa Conference to  be held next year
Photo by Bloomberg
INDUSTRY REVIVAL The African Copperbelt is again experiencing a resurgence of activity following the commodity downturn of recent years

Canadian-listed junior plans further drilling to increase Guinea project resource base 

By: Mia Breytenbach     15th September 2017 TSX-V-listed Volcanic Gold Mines plans to drill within the significantly expanded mineralized footprint defined by air-core drilling adjacent to the inferred mineral resource at its Mandiana gold project, with a view to a resource increase and is actively orientating its exploration programme... 

Canadian-listed junior plans further drilling to increase  Guinea project resource base
Volcanic Gold Mines president Jeremy Crozier discusses the progress at the Mandiana gold project in Guinea. Video and Editing: Lionel da Silva.

Sizeable limonite find exposes Horizonte to burgeoning EV market

By: Samantha Herbst     14th September 2017 Brazil-focused nickel development company Horizonte Minerals on Thursday reported sizeable limonite mineral resources at its Araguaia nickel project, which exposes the Aim- and TSX-listed company to the fast-growing nickel/cobalt electric vehicle (EV) battery market. Limonite is treated to... 

Sizeable limonite find exposes Horizonte to burgeoning EV market
Limonite is a type of iron-ore treated to produce nickel and cobalt hydroxides, suitable for supplying the EV battery market

Greece issues Olympias operating, tailings installation permits to Eldorado

By: Henry Lazenby     13th September 2017 Canadian gold producer Eldorado Gold confirmed on Wednesday that it has received the Olympias operating permit and the modified electromechanical installation permit for the tailings management facility at Kokkinolakkas, from the Greek Ministry of Energy and Environment. The permits were issued... 

Greece issues Olympias operating, tailings installation permits to Eldorado
The Olympias project

Tethyan Resources gives listing, project updates

By: Anine Kilian     13th September 2017 Dual-listed Tethyan Resources’ decision to delist from the London’s Aim was based on the board’s consideration of challenging macroeconomic conditions and the additional costs that come with maintaining two listings. Speaking to Mining Weekly Online on Wednesday, COO Fabian Baker explained that... 

Teck sells interest in Ireland zinc project to G11

By: Mariaan Webb     13th September 2017 Canadian miner Teck Resources has sold its 76.56% interest in the Stonepark zinc project, in Ireland, to base metals explorer Group Eleven Resources (G11), according to joint venture (JV) partner Connemara Mining. Connemara chairperson John Teeling previously said the explorer was keen to have... 

Teck sells interest in Ireland zinc project to G11
Connemara Mining chairperson John Teeling welcomed the news of a new joint venture partner at its Stonepark project, in Ireland.

Archer finds copper in cobalt hunt

By: Esmarie Swanepoel     13th September 2017 The share price of ASX-listed Archer Exploration increased by nearly 22% on news of a copper discovery at Broken Hill, in New South Wales. Archer on Wednesday reported the discovery of two new large copper targets at the North Broken project, some 20 km north of Broken Hill, while hunting for... 

KGL raises cash for Jervois exploration

By: Esmarie Swanepoel     13th September 2017 ASX-listed KGL Resources is hoping to raise some A$12.4-million to accelerate exploration at the Jervois copper project, in the Northern Territory. The company will issue some 22.8-million new shares, priced at 30c each, to raise an initial A$6.9-million from a small group of sophisticated and... 

First round of drilling on Sarama’s strategic Bondi asset finds shallow, oxide gold ore

By: Henry Lazenby     13th September 2017 Canadian explorer Sarama Resources' first reconnaissance aircore drilling campaign at the company's newly acquired Bondi deposit has intersected shallow, oxide gold mineralisation over broad intervals about 4 km north-east of the historic resource on the property, the company announced on... 

Botswana Diamonds plans additional drilling at South Africa project

By: Mia Breytenbach     12th September 2017 Aim-listed Botswana Diamonds’ shares on the LSE rose by nearly 20% on Tuesday as the company announced it would start large diameter drilling (LDD) at the Zebediela project, in Limpopo, in October. Zebediela forms part of the Vutomi Joint Venture project, at Frischgewaagt. 

PetroSA upbeat about gas exploration

By: Kim Cloete     12th September 2017 Despite a slowdown in exploration and an underinvested industry, South Africa still holds great prospects for exploration in gas, believes PetroSA chief geophysicist Peter Dekker. He told delegates at the South African Geophysical Association (Saga) conference, in Somerset West, that there were... 

Geophysicists urged to innovate amid tough times for exploration

By: Kim Cloete     12th September 2017 The state of exploration for oil and gas as well as mining is in a fix, with exploration spending having decreased by 69% in the last four years, delegates attending the South African Geophysical Association (Saga) 2017 conference have heard. Lockheed Martin business development manager Dan Di... 

Sensitivity study lifts Dalradian’s mineable Curraghinalt ounces

By: Henry Lazenby     12th September 2017 Project developer Dalradian Resources now has 32% more mineable gold ounces at its flagship Curraghinalt project, in Northern Ireland, after its undertook a sensitivity study on two of the best veins at the project. The TSX- and Aim-listed junior used a revised resource modelling approach on the... 

NexGen secures outstanding stake in prospective Dufferin Lake property

By: Henry Lazenby     11th September 2017 Uranium explorer NexGen Energy has entered a purchase agreement with Rainmaker Resources and Eagle Trail Properties to acquire the 40% outstanding interest in its Dufferin Lake property. The Vancouver-based company and the vendors had previously entered into a mineral claim option agreement dated... 

Faced with shifts in technology, the mining industry will need to adapt  

By: Kim Cloete     11th September 2017 The mining industry will need to adapt to ongoing changes in technology and involve all players in each step of the process, suggests change management analyst Petro du Pisani. Du Pisani from IntegriChange, who has a longstanding record in the mining industry, told delegates attending the South... 

Ortac strengthens strategic focus on high potential African exploration

By: Natasha Odendaal     11th September 2017 Aim-listed Ortac Resources has set its focus exclusively on its high-potential African exploration mining assets after a board revamp set a strategy review in motion. The exploration and mine development company aims to fast-track its core gold and copper assets in the Democratic Republic of... 

Johannesburg listing on the cards for Australia’s Orion

By: Natasha Odendaal     11th September 2017 Australian minerals exploration company Orion Minerals expects to start trading on the main board of the Johannesburg bourse on September 18, as it progresses its base metals development strategy in South Africa. Orion, which has received approval from the JSE for a secondary listing under the... 

Johannesburg listing on the cards for Australia’s Orion

Improving prices prompt Fortune to aim for bigger, more economic Nico development

By: Henry Lazenby     9th September 2017 With a bird in hand, Canadian project developer Fortune Minerals is considering to up the ante for its flagship Nico cobalt/gold/bismuth/copper project, in Canada’s Northwest Territories. The London, Ontario-based company late last month announced that its update of the 2014 feasibility study for... 

Improving prices prompt Fortune to aim for bigger, more economic Nico development
Photo by Fortune Minerals
Fortune Minerals president and CEO Robin Goad

Ferrum Crescent raises funds for exploration in Spain

By: Creamer Media Reporter      8th September 2017 Triple-listed Ferrum Crescent has raised £193 304 before expenses, which the company will use for additional exploration and evaluation activities at the Toral and Lago lead/zinc exploration projects in Spain, and for general working capital. The funds were raised through a placement of... 

Nokeng mulling two or three more fluorspar mines by 2026 as huge shortage is predicted

By: Mia Breytenbach     8th September 2017 Following the breakthrough of opening the first new mine in Gauteng, South Africa, in the last 12 years, which is being developed by producer SepFluor’s wholly owned Nokeng fluorspar mine, the company aims to become vertically integrated in the fluorspar value chain in future. Fluorite ore is... 

Nokeng mulling two or three more fluorspar mines by 2026 as huge shortage is predicted

De Beers’ marine mining unit assessing feasibility of digital transformation

By: Ilan Solomons     8th September 2017 Diamond company De Beers’ marine mining division is currently running a pilot project to assess the feasibility of implementing digital transformation and thereby ensuring optimal operational excellence in the business unit and potentially throughout the rest of the group’s operations. De Beers... 

De Beers’ marine mining unit assessing feasibility of digital transformation
JJ VAN DER MERWE De Beers Marine Mining is seeking to ensure interoperability between different machines, devices, sensors and people to ensure clarity of communication

Myriad of opportunities in Zim’s mining sector

     8th September 2017 Zimbabwe is poised for growth and, with the country committed to ensuring a sustainable growth path, there are a host of investment opportunities in the mining industry to be capitalised on. This is according to the investment promotion body Zimbabwe Investment Authority‘s Invest in Zimbabwe... 

Myriad of opportunities in Zim’s mining sector
Photo by Bloomberg
DIAMONDIFEROUS Zimbabwe has deposits of high-quality diamonds, which are in high demand on the global market

Anaconda infrastructure gets major boost with approval of Pine Cove in-pit tailings storage

By: Henry Lazenby     7th September 2017 Eastern Canadian gold producer Anaconda Mining is set to ramp up the mining rate at its Point Rousse project’s Pine Cove pit, after the Newfoundland and Labrador Department of Natural Resources approved a plan to use the nearly depleted pit as a tailings storage facility. Anaconda had previously... 

Bolstered by new geological model, Broadway outlines drill plans for third round drilling

By: Henry Lazenby     7th September 2017 With a new geological model and funding raised, TSX-listed Broadway Gold Mining is planning a Phase III drill programme to test multiple high-priority targets, the company announced on Thursday. The copper/gold porphyry targets were discovered at depth at the company’s 100%-owned Madison project,... 

Stratex identifies cash-saving optimisation opportunities at Crusader’s Borborema

By: Samantha Herbst     7th September 2017 Aim-listed gold and exploration company Stratex has completed an extensive due-diligence review into ASX-listed Crusader Resources’ Brazil-based Borborema gold project, identifying potential optimisation opportunities that are expected to yield material economic gains and lower upfront capital... 

New EnviroLeach process poised to transform metals extraction as we know it

By: Henry Lazenby     6th September 2017 A small Vancouver-based start-up company has created a new environment-friendly chemical process with the potential to disruptively transform metal extraction in the mining and electronic waste (e-waste) sectors, akin to the application of cyanide for gold extraction, which revolutionised the... 

New EnviroLeach process poised to transform metals extraction as we know it
EnviroLeach expects to capitalise on recovering metals from e-waste – the fastest growing portion of municipal waste expected to grow to 50-million tons by 2020

Ivanhoe plans 'new era of production' for historic DRC mine

By: Natasha Odendaal     6th September 2017 TSX-listed Ivanhoe Mines has entered into discussions to start a “new era of production” at the historic Kipushi zinc-copper-silver-germanium mine, in the Democratic Republic of Congo (DRC), that could deliver one of the highest-grade major zinc mines worldwide. Ivanhoe, which, in conjunction... 

Lundin accelerates exploration at all sites into 2018

By: Samantha Herbst     6th September 2017 TSX-listed base metals miner Lundin Mining’s exploration efforts continue to add significant value to the company’s assets and, in light of improved market conditions, the company plans to accelerate exploration at all mine sites in 2018, as well as advance at least two new copper-focused... 

Georgian Mining satisfies $6m obligation early

By: Creamer Media Reporter      6th September 2017 Aim-listed Georgian Mining (GEO) said on Wednesday that it had satisfied its spending obligation of $6-million to earn a 50% interest in the entity holding the mining licence over the Bolnisi copper and gold project. GEO and Caucasian Mining Group (CMG) are shareholders in Georgian Copper & Gold... 

Central Asia Metals says in talks on ‘potential transaction’

By: Mariaan Webb     4th September 2017 The directors of London-based Central Asia Metals (CAML) confirmed on Monday that they were in “advanced talks” with a third party on a “potential transaction”. CAML, which has requested a suspension in the trading of its shares on the Aim, reported that the intended transaction would be... 

Resource exploration recovering - ABS

By: Esmarie Swanepoel     4th September 2017 New data released by the Australian Bureau of Statistics (ABS) has shown a recovery in exploration spending, with total expenditure up by 6.6%, or A$26.4-million in the June quarter, to A$428.5-million. The ABS said on Monday that Western Australia was the largest contributor to the increase in... 

Tethyan to start trading on Canadian exchange this week

By: Mariaan Webb     4th September 2017 Serbia-focused Tethyan Resources will start trading on the TSX-V in Canada this week, under the symbol ‘TETH’. Trading in the exploration firm’s shares will start when the market opens on Wednesday, Tethyan reported on Monday. 

Latest News

more

Latest Videos

more

Research Reports

Topics In These Articles

RSS Feed

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now
Register Close