Kenmare sees return to target production in Q2

Irish miner Kenmare Resources expects strong cashflow this year as it returns to target production and demand for titanium in emerging economies keeps prices high. Kenmare, which mines ilmenite and zircon from its Moma mine in Mozambique, said on...

Company Announcement: High-Grade Lithium Boulder Field Discovered

“The high-grade lithium pegmatite boulder field identified at Moylisha significantly reinforces the potential to discover buried pegmatite bodies on the Property” states Mike Sieb, President of the Company. “These results, from a cursory...

Company Announcement: Petrel awarded two blocks in Irish Offshore Licencing round

The Irish Atlantic margin has an established petroleum system, though there have not yet been large discoveries.

Galmoy mine, Ireland

An underground mine situated in Ireland.

Five Glencar board members step down after Gold Fields takeover

Dublin-based explorer Glencar Mining on Tuesday reported that five of its directors have resigned, with immediate effect, upon the Gold Fields offer becoming unconditional. Directors Sean Finlay, Hugh McCullough, Kieran Harrington, Bill Cummins...

Gold Fields declares Glencar offer unconditional

South African gold major Gold Fields on Monday declared its offer for exploration firm Glencar Mining, unconditional. Gold Fields announced in July that it would buy Dublin-headquartered Glencar, which has operations in Mali, Ghana and Uganda, in...

Mozambique titanium mine to reach full output before year-end

Ireland-based Kenmare Resources, which owns the Moma titanium minerals mine in Mozambique, is on target for full production before the end of the year, chairperson Charles Carvill said on Monday. He reported that a performance improvement project...

Gold Fields bids £28m cash fo African gold explorer Glencar

South African gold major Gold Fields on Friday offered £28-million in cash for Dublin-headquartered African gold exploration company Glencar. Gold Fields CEO Nick Holland said that gold discoverer had operations in Mali and Ghana in West Africa,...

Daily podcast – July 8, 2009

In today's podcast: Merafe Resources announces that it's recommissioning several furnaces in response to strengthening global demand for ferrochrome; and underground trial mining at junior gold-miner Central Rand Gold's Consolidated Main Reef...

Glencar terminates Gold Fields JV negotiations

Dublin-based exploration company Glencar Mining has terminated its joint-venture (JV) negotiations with South African gold producer Gold Fields. In March, the companies had entered into negotiations and signed a letter of intent (LOI), regarding...

Kenmare not aware of reason for share slide

Dublin-based Kenmare Resources is “not aware of any reason” for a sharp drop in the company's share price over the last week, the firm said on Wednesday. The company, whose main asset is the Moma heavy-minerals mine in Mozambique, raised...

Explorer aims to raise R140m for Salt River base minerals, precious metals project

Resources explorer Thabex aims to raise R140-million to complete the bankable feasibility study of its Salt River base minerals and precious metals project, in the Northern Cape. This funding includes installation of a modular pilot plant.