Resources expected to increase significantly at Ethiopian gold exploration project

African-focused junior diversified miner Nyota Minerals, previously Dwyka Resources, reports a maiden inferred resource of 690 000 oz of gold at the Tulu Kapi gold exploration project, in Ethiopia, and is confident that the project’s resource...

Ethiopia gold project ‘highly prospective’ – Nyota

Gold exploration company Nyota Minerals’ Tulu Kapi project, in Ethiopia, represented a “highly prospective” gold project according to an independent technical review completed by South African mining and minerals advisory firm Venmyn. An...

Dwyka lifts stake in Ethiopia-focused Minerva

ASX- and Aim-listed gold and nickel producer Dwyka Resources has further increased its shareholding in exploration company Minerva Resources to 87,86%. The producer in June offered Minerva shareholders one Dwyka share for every five Minerva...

Dwyka extends offer for Minerva to Aug 11

ASX- and Aim-listed gold and nickel producer Dwyka Resources has now received an estimated 87,78% acceptance of the existing ordinary share capital, of its all share offer for Minerva Resources. Dwyka has also extended its offer until August 11.

Dwyka to fast-track Minerva’s Ethiopian projects

ASX-listed gold and nickel explorer Dwyka Resources said on Wednesday that it had replaced the board of Minerva Resources with Dwyka directors. Dwyka recently gained control of Minerva, after its shareholding increased to 80,9%. The company also...

Minerva Resources to delist from Aim as Dwyka stake rises to 80,9%

ASX- and Aim-listed gold and nickel producer Dwyka Resources’ stake in Minerva Resources has increased to 80,9%, effectively giving it control of the company. Minerva would now delist from the Aim on July 23, Dwyka reported on Wednesday.

Dwyka makes £1,8m bid for Minerva

ASX- and Aim-listed Dwyka Resources has made a £1,8-million bid for UK-based explorer Minerva Resources, it said on Tuesday. Dwyka, which announced on June 1 that it was in talks with Minerva, said that it was offering one new share for every...

Dwyka in talks to make possible bid for Minerva

ASX- and Aim-listed Dwyka Resources on Monday reported that it was in discussions, which could lead to an all-share offer for UK-based minerals explorer Minerva Resources. The company said in a statement that the two parties would seek to reach...

Dwyka extends drilling programme at Burundi nickel-exploration project

ASX- and Aim-listed Dwyka Resources has started the second phase of drilling at its Muremera nickel project, in Burundi. The drilling targets have been identified following versatile time-domain electro magnetic (VTEM) surveys that generated...

Daily podcast – March 19, 2009

In today's podcast: China's steel industry reiterates its view that term iron ore prices should fall by at least 40% to 2007/8 levels; and Colombia expects to give AngloGold Ashant an environmental permit for exploration at the stalled La Colosa...

Exploration junior Dwyka flies in to fill nickel gap, promote Swazi gold project

London and Australian-listed exploration company Dwyka Resources flew into Johannesburg on Wednesday to hold talks with fund managers interested in filling BHP Billiton’s shoes in what appears to be a promising nickel project in Burundi – and,...

Dwyka secures full-ownership of Burundi nickel project

ASX- and Aim-listed Dwyka Resources, through its wholly owned subsidiary Danyland, has secured full ownership of the Muremera nickel project, in Burundi, following an agreement with diversified mining giant BHP Billiton. The company would now...