Significant uranium potential in Botswana

ASX-listed uranium, nickel and gold explorer Impact Minerals asserts that Botswana is fast growing its reputation as one of the best modern-era uranium mining provinces on the African continent, owing the company’s discovery of three deposits...

Tonkolili iron-ore project, Sierra Leone

African Minerals has announced that it has arranged $868-million in financing for the continued expansion at its Tonkolili iron-ore project.

Tonkolili iron-ore project, Sierra Leone

The project entails the development of a 45-million-ton-a-year direct shipping ore hematite operation.

Toro boosts Wiluna resource with Nowthanna acquisition

Uranium hopeful Toro Energy has increased its Wiluna uranium resource by 25% by acquiring two exploration tenements in Western Australia, covering 70% of the Nowthanna uranium deposit. Toro bought the two tenements for A$1.3-million in cash and...

PTM touts ‘brand new’ Bushveld discovery

Vancouver-based junior Platinum Group Metals said on Tuesday it had discovered a “brand new” extension to South Africa’s Bushveld Complex, which hosts about 80% of the world’s platinum resources. "We’ve drilled our first hole [and we...

PTM inks supply deal with Eskom for WBJV Project 1

Platinum Group Metals (PTM) this week signed an agreement with South African power utility Eskom to supply electricity to its Western Bushveld Joint Venture (WBJV) platinum mine. The agreement would see Eskom supply the project with 40 MVA power...

Uranium-focused Impact to spin out Queensland gold assets

Botswana-focused uranium explorer Impact Minerals on Monday reported that it would spin out its Queensland gold projects in a newly formed company, known as Invictus Gold. Invictus Gold would list on the ASX by the end of 2010, and would aim to...

Botswana uranium exploration two-thirds complete

ASX-listed uranium explorer Impact Minerals has completed half of its drilling programme at its Lekobolo Prospect in eastern Botswana. By mid-December last year, 27 holes had been drilled in the reconnaissance drill programme.

Impact to raise A$5m to speed up uranium exploration in Botswana

ASX-listed uranium explorer Impact Minerals will raise A$5-million through a share placement, to accelerate the exploration of its Botswana uranium project. The company said in a statement on Wednesday that it would place 24-million ordinary...

Uranium exploration programme started 
in Botswana

Minerals exploration company Impact Minerals has started a significant exploration programme for uranium on its areas of prospecting licences, which stretch over more than 27 000 km2 in Botswana.

Impact wants to boost Australian, African project pipeline

ASX-listed uranium and gold exploration company, Impact Minerals, was taking advantage of the current market turmoil to review a number of advanced mineral projects in Australia, which could offer the potential for near-term production. Impact MD...

Strong poised to grow stronger as platinum industry mulls consolidation

On the one hand, the National Union of Mineworkers (NUM) president Senzeni Zokwana is calling for the creation of a State-owned platinum mining company, and on the other are an acquisitive Impala Platinum and an emerging Xstrata Resources, both...