Thabex discovers high-quality zone at its Salt River prospect

JSE-listed mining junior Thabex says it has discovered a high-grade zone within the Salt River, polymetallic deposit located in the Northern Cape province.

JSE-listed mining junior Thabex scales up with kimberlite purchase

JSE-listed mining junior Thabex has bought Monastery mine from Monastery Holdings, owner of the new-order prospecting rights over 630 ha in Marquard, Free State province. Monastery mine is sited on a diamondiferous kimberlite that has reportedly...

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.

JSE to showcase listed mining companies at Cape Waterfront

The JSE will be hosting a specialised showcase for mining companies listed on the JSE, with an aim to add value to locally listed companies.

Thabex to fast track Aim-listing ambition

JSE-listed Thabex Exploration is to fast-track a secondary listing on the London-based Aim market, CEO Marius Welthagen said in a statement accompanying the release of the company’s preliminary results to February 28.

SA firm in gem exploration agreement with De Beers

JSE-listed Thabex Exploration announced today that a subsidiary had signed a diamond exploration agreement with De Beers over exploration licences on Namibian property.

SA miner reports lower earnings

JSE Securities Exchange-listed Thabex Exploration yesterday reported a headline loss of 5,1 cents per share for the year ended February 29.

Thabex receives R20m for platinum project

JSE Securities Exchange-listed Thabex Exploration on Friday announced that Australian junior mining company, AIM Resources, will exercise its option to acquire Thabex’s Mokopane Platreef project for R20-million.

SA company sees exploration potential in Uganda

Early stage due-diligence studies indicate that there is unquestionable prospecting potential in Uganda, a country endowed with a wide variety of mineral resources, said Marius Welthagen, CEO of Thabex Exploration.

Valuation put to PGM project

Listed mining company Thabex Exploration yesterday announced that independent geological experts, Snowden Mining Industry Consultants, has valued the Mokopane Platreef Project at A$18,4-million.

SA junior acquires Ugandan explorer

South African junior Thabex Exploration has acquired a 100% of Cresta Mining Company, a Ugandan company that owns ten exclusive prospecting licenses (EPLs) there, for a consideration of R425 000.

AIM likely to buy SA platinum project

Johannesburg Securities Exchange-listed Thabex Exploration, which explores for diamonds, platinum, gold and base minerals, yesterday announced that progress in the due-diligence process has improved the probability that AIM Resources would...