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Leading Edge to start testwork at Woxna to design optimal demonstration plant

By: Marleny Arnoldi     23rd July 2018 TSX-V-listed Leading Edge Materials has had discussions with European customers that confirm that large sample volumes and commercial scale processes are necessary if battery materials are to gain industrial qualification. Leading Edge is positioning its Woxna graphite mine, in Sweden, to... 

Cruz to acquire base metals projects in Norway

By: Creamer Media Reporter      4th June 2018 TSX-V-listed Cruz Cobalt has signed a letter of intent with EMX Royalty and Fennoscandian Investment Group to acquire two cobalt/nickel/copper projects in Norway. “We are pleased to have the opportunity to acquire these projects. The properties are 

Auroch acquires South Australia zinc projects

By: Schalk Burger     6th March 2018 JOHANNESBURG (miningweekly.com) – ASX-listed Auroch Minerals on Tuesday announced that it had acquired 90% of the Arden and 100% of the Bonaventura zinc projects, in South Australia. “The Arden project and Bonaventura project comprise a substantial zinc, lead and copper play supported by... 

Altus enters sixth African country with new gold project

By: Megan van Wyngaardt     5th March 2018 Africa-focused exploration project generator Altus Strategies' subsidiary Aeos Gold has been granted the Prikro gold exploration licence in the Prikro and Koun-Fao departments in eastern Côte d'Ivoire, West Africa. The 369.5 km2 exploration licence targets Birimian meta-sedimentary greenstone... 

San Jose feasibility study fully funded

By: Megan van Wyngaardt     13th December 2017 ASX-listed Plymouth Minerals has received commitments to raise $6.5-million through the issue of 36.4-million shares at $0.18 apiece, with the funds committed towards the completion of a feasibility study at its San Jose lithium/tin project, in the mining region of Extremadura, Spain. The company... 

Corvus stock rallies on North Bullfrog resource expansion; maiden sulphide resources

By: Henry Lazenby     1st November 2017 Vancouver-based explorer Corvus Gold has enlarged the Nevada-based North Bullfrog project's combined compliant measured and indicated resource by 30%, supporting the TSX-listed stuck on Tuesday to rise more than 4% to C$1.23 a share. Corvus said the updated resource assessment comprised a... 

Integra seizes precious metals opportunity in Idaho

By: Henry Lazenby     20th September 2017 Mere months after Integra Gold was bought out in a deal worth about C$590-million by Eldorado Gold, essentially the same team – reincarnated as Integra Resources – has reached agreement with major Kinross Gold to buy the DeLamar gold/silver mine, in Southern Idaho. The C$7.5-million... 

Eastmain lifts Eau Claire grade, proceeds with PEA

By: Henry Lazenby     12th September 2017 TSX-listed project developer Eastmain Resources has started a preliminary economic assessment (PEA) on the Eau Claire deposit, located on its 100%-owned Clearwater property in James Bay, Quebec. The news follows the company's release on Monday of an updated mineral resource estimate for Eau... 

Serendipity smiles on Mkango’s Malawian assets as renewables growth demands more REEs

By: Henry Lazenby     13th June 2017 Demand for rare earth elements (REEs) for use in magnetic applications such as electric vehicles and wind turbines is driving renewed interest in securing supplies of these hard-to-come-by metals outside of the world’s dominant supplier China. This is exacerbated by the fact that while REEs are... 

Updated PFS delivers improved economic metrics for Amarillo’s Mara Rosa project

By: Creamer Media Reporter      8th March 2017 An updated prefeasibility study (PFS) on TSX-V-listed Amarillo Gold’s Mara Rosa project, in Brazil, has demonstrated improved economic metrics, compared with a 2011 study, including a rapid after-tax payback period of just over two years. The updated PFS investigated two mining scenarios –... 

McEwen Mining to buy Lexam VG

By: Henry Lazenby     13th February 2017 Precious metals miner McEwen Mining will acquire Lexam VG Gold under a plan of arrangement in an all-scrip deal valued at about $54-million. McEwen Mining will pay a 30% premium to Lexam shareholders based on the TSX-listed stock’s 30-day volume weighted average price on Friday. The acquisition... 

Corboda ends week up 36% on bonanza minerals find

By: Henry Lazenby     28th January 2017 The TSX-V-listed stock of Colombia-focused junior explorer Corboda Minerals ended the week on a high note, up 36.19% after it announced Monday that drilling at the San Matias copper/gold project has intersected bonanza gold veins at Alacran. The exploration work, being undertaken by Corboda and... 

Pan African investigating R1.7bn gold tailings project 

By: Martin Creamer     21st September 2016 Gold mining company Pan African Resources is investigating a large gold tailings retreatment project at its Evander mines in Mpumalanga. Underwritten proposals have been received for the full financing package for the Elikhulu project, which will require an estimated capital expenditure of... 

Alabama Graphite banks on coated spherical graphite as company differentiator

By: Henry Lazenby     15th January 2016 Canadian project developer Alabama Graphite Corp (AGC) has high hopes to cash in on the burgeoning North American green-energy market, as it plans to provide a ‘made-in-US’ solution to the growing domestic lithium-ion battery market. Focused on the exploration and development of its flagship... 

Centerra Gold makes progress in diversifying asset base, reports strong Q2 performance

By: Henry Lazenby     30th July 2015 Canadian miner Centerra Gold has completed a positive feasibility study on its fully owned Öksüt project, in south-central Turkey, with first gold production slated for early in the second quarter of 2017. The feasibility study's base-case scenario estimated that the project would have an... 

DNI Metals receives mining licence for Madagascar graphite project

By: Henry Lazenby     23rd July 2015 Project developer DNI Metals has been granted a full commercial mining licence over its Vohitsara graphite project, in Madagascar. Originally classified as an artisanal mining permit when DNI acquired the property in June, the Madagascar Minister for Mines, through the national mining cadastre... 

Royal Nickel chooses Swedbank to advise on $600m bond financing

By: Henry Lazenby     22nd June 2015 Base metals project developer Royal Nickel Corporation (RNC) has appointed Swedbank Norway (Swedbank) as adviser for a senior bond financing of about $600-million, with a five-year maturity, to develop its Dumont nickel project, in Quebec. Swedbank would work closely with RNC to arrange the... 

Mebaga has potential for significant DSO-grade deposit

By: Leandi Kolver     11th December 2013 Initial drilling at Africa-focused Ferrex’s 309 km2 Mebaga direct-shipping ore (DSO) iron-ore project in Gabon has underpinned the project’s potential to hold a significant DSO-grade deposit, Ferrex MD Dave Reeves said on Wednesday. The nine-hole diamond drilling campaign showed a wide intercept... 

Company Announcement: Impact Earns 51% Interest in the Xade Cu-Ni-PGE Project in Botswana

15th January 2013 Impact Minerals Limited is pleased to announce that it has earned a 51% participating interest in the Xade Nickel-Copper-PGE project in Botswana where drilling is in progress 

B2Gold reports ‘robust’ FS results for Namibian gold project

By: Henry Lazenby     11th January 2013 Toronto- and Windhoek-listed B2Gold has reported strong results from a feasibility study for the Otjikoto gold project, in Namibia, providing for 1.34-million ounces of gold to be mined over a period of 12 years. The Otjikoto gold project is located about 300 km north of Windhoek, the capital of... 

Company Announcement: Operations Update

16th April 2012 Phosphate and potash exploration and development company Aguia Resources Limited is pleased to announce an operational update for its projects in Brazil. 

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