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Berkeley says offtake activity to intensify this year

By: Mariaan Webb     Updated 7 hours ago Uranium project developer Berkeley Energia is seeing a “notable” increase in public tender activity and says it expects offtake activity to intensify, once full construction of its Salamanca mine, in Spain, is under way. In a quarterly update on Tuesday, Berkeley said that it would participate... 

Copper production declined in first ten months of 2017 – ICSG

By: Schalk Burger     23rd January 2018 Worldwide copper mine production declined 2.6% in the ten months to October 2017, while concentrate production declined by 2.2% and production through solvent extraction-electrowinning declined by 4.3% in the same period, according to the intergovernmental copper body The International Copper... 

Atalaya increases copper output in first full year of production

By: Natasha Odendaal     22nd January 2018 Aim- and TSX-listed Atalaya Mining has delivered an increase in copper output during the first full year of commercial production as mining operations stabilise quarter-on-quarter. Proyecto Riotinto, in Andalucía, Spain, achieved 37 164 t of copper production in 2017, a rise on the 26 179 t... 

Plymouth advances feasibility study at San Jose

By: Megan van Wyngaardt     10th January 2018 After completing a successful $6.5-million capital raising in December, ASX-listed Plymouth Minerals has started the San Jose feasibility study, which it intends to complete during this year. To finalise the process of lodging the mining licence application (MLA), which earned Plymouth its... 

Prospex buys into Tesorillo gas project

By: Megan van Wyngaardt     19th December 2017 Aim-listed investment firm Prospex Oil & Gas has agreed to acquire up to a 49.9% interest in the Tesorillo gas project in the Cadiz province, in southern Spain. Tesorillo contains a known gas discovery, estimated to hold gross unrisked prospective resources of 830-billion cubic feet of gas,... 

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... 

Macron's climate summit draws pledges to make coal a risky bet

By: Bloomberg     13th December 2017 Some of the world’s biggest investors turned their backs on US President Donald Trump’s plan to revive the coal industry, pledging to divest from fossil fuels at a conference organised by French President Emmanuel Macron. The One Planet Summit in Paris was designed to galvanise support for the... 

Berkeley selects mining and construction contractors for Salamanca mine

By: Megan van Wyngaardt     12th December 2017 Dual-listed Berkeley Energia expects to pour concrete at its fully-funded Salamanca mine, in western Spain, in the new year, the company said on Tuesday, as it announced the award of major contracts for the uranium mine. The company said that Sanchez y Lago, one of Spain’s major construction... 

W Resources receives preliminary approval for tungsten mine funding

By: Creamer Media Reporter      12th December 2017 Aim-listed W Resources has received preliminary approval from US Specialists Situations Fund for a $30-million term loan to fund the La Parrilla tungsten mine, in Spain. The term loan is subject to final due diligence and legal documentation, with financial close targeted for late December or... 

Atalaya board approves €80.4m expansion in Spain

By: Mariaan Webb     4th December 2017 European mining and development company Atalaya Mining on Monday announced its decision to proceed with the 15-million-tonne-a-year expansion of its Proyecto Riotinto mine, in Spain. The €80.4-million expansion would upgrade processing facilities, including the installation of a new primary... 

Lundin stock tumbles on disappointing production outlook

By: Henry Lazenby     1st December 2017 Base metals producer Lundin Mining saw about 21% of its TSX-listed equity wiped out on Thursday after it reported a disappointing long-term production outlook on Wednesday. The Toronto-headquartered company punted significant investments in both the Candelaria copper mine and mill, in Chile,... 

Berkeley closes Oman financing transaction

By: Samantha Herbst     30th November 2017 Following shareholder approval announced on Thursday, uranium project developer Berkeley Energia has completed a strategic investment of up to $120-million with the sovereign wealth fund of the Sultanate of Oman, which means that Berkeley can now bring the Spain-based Salamanca uranium mine into... 

Construction activities at Spanish tungsten project gather pace

By: Mariaan Webb     28th November 2017 Construction activities at the Barruecopardo tungsten mine in Salamanca, Spain, are gathering momentum, with about 100 people now working on the project. Ormondo Minerals, which has a 30% shareholding in the mine, reported on Tuesday that the major earthmoving phase relating to construction of... 

Plymouth hoping for strategic industry partner for San Jose project

By: Mariaan Webb     24th November 2017 Exploration and development company Plymouth Minerals is aiming to attract a strategic industry partner for the development of its flagship lithium project in Spain and said on Friday that it was in discussions with European gigafactory developers. The San Jose project, in which Plymouth has a... 

Agromining may provide new opportunities to extract remaining value from mined land

By: Mia Breytenbach     24th November 2017 With a significant portion of large mineral deposits having been discovered worldwide, and, in many cases, reaching the end of viable economic recovery, phytomining is one option that could be chosen to extract the remaining value from this mined ground, Florida International University... 

Agromining may provide new opportunities to extract remaining value from mined land

By: Mia Breytenbach     24th November 2017 With a significant portion of the large mineral deposits having been discovered worldwide, and in many cases reaching the end of viable economic recovery, phytomining is one option that could be chosen to extract the remaining value from this mined ground, Florida International University... 

Toral exploration licence renewed

By: Creamer Media Reporter      22nd November 2017 ASX- and Aim-listed Ferrum Crescent has been granted a renewed, three-year exploration licence for its Toral project, in Spain, effectively resetting the “exploration clock” for the lead/zinc assets. Ferrum Crescent subsidiary GoldQuest Iberica, which is the holder of the Toral exploration... 

Atalaya encouraged by positive copper expansion study

By: Mariaan Webb     16th November 2017 The expansion of the Proyecto Riotinto copper mine in Andalucía, Spain, is “technically and financially robust”, a study into the feasibility of increasing capacity beyond 9.5-million tonnes a year has found. Dual-listed Atalaya Mining reported on Thursday that it had completed the study, which... 

Winmar withdraws from Spain JV, reduces salaries by 50%

By: Mariaan Webb     14th November 2017 Australia’s Winmar Resources has slashed its staff salaries and directors fees by half to minimise cash outflows until it has secured a new lead project. The announcement on Tuesday comes a day after the company said that it had withdrawn from the Lomero joint venture project with Kimberly... 

San Jose study shows robust project at 'half current lithium price' – Plymouth

By: Esmarie Swanepoel     18th October 2017 A scoping study into the San Jose lithium-tin project, in Spain, has found that the project could deliver some 15 000 t/y of battery grade lithium carbonate over an initial mine life of 24 years. ASX-listed Plymouth Minerals on Wednesday reported that the project was expected to require a caital... 

Explorer Ferrum Crescent adopts revised strategy

By: Creamer Media Reporter      17th October 2017 Exploration firm Ferrum Crescent has announced a revised exploration strategy for the Toral base metals project, in Spain, including the appointment of expert geological advisers to better understand the project economics. The revised strategy will be led by newly appointed executive director... 

Atalaya fine tunes copper guidance on record Q3 output

By: Mariaan Webb     12th October 2017 Record third-quarter production from the Proyecto Riotinto mine, in Andalucía, Spain, has prompted Atalaya Mining to fine tune its copper production guidance for 2017. The mine boosted its September-quarter production by 18% to a record 10 679 t of copper in concentrate, as copper head grade and... 

Ferrum Crescent withdraws resolution for A$2.7m fundraising

By: Mariaan Webb     5th October 2017 Lead/zinc exploration company Ferrum Crescent has withdrawn the resolution seeking shareholder approval to raise A$2.7-million for the Toral project, in Spain. The company said on Thursday that the resolution, which was due to be voted on at the October 18 general meeting in Perth, had been... 

Plymouth partners with Chinese lithium carbonate producer

By: Mariaan Webb     5th October 2017 ithium project developer Plymouth Minerals has partnered with Chinese lithium producer Shandong Ruifu to process material from the San Jose project into saleable products and to assist with the technical aspects of the feasibility study for project. Announcing the alliance on Thursday, Plymouth... 

Ferrum Crescent executive chair steps down

By: Creamer Media Reporter      26th September 2017 Spain-focused Ferrum Crescent on Tuesday announced several directorate changes, including the resignation of its executive chairperson Justin Tooth. Tooth resigned from the board of the lead and zinc explorer with immediate effect in order to pursue other business interests. 

W Resources planning new drilling campaign at Tarouca, Portugal

By: Creamer Media Reporter      20th September 2017 Aim-listed W Resources has been granted a two-year licence extension for exploration at Tarouca, near its Régua project, in Portugal, paving the way for a new drilling campaign. Tarouca is about 20 km from Régua and has the potential to enhance and expand the Régua development, W Resources... 

Orvana lifts 2018 guidance 25%

By: Henry Lazenby     14th September 2017 Gold and copper miner Orvana Minerals has issued its new production guidance for 2018, aiming 25% higher than that of the current year. The TSX-listed miner, which owns mines in Spain and Bolivia, advised on Wednesday that fiscal 2018 gold output is estimated between 110 000 oz to 120 000 oz, at... 

Ferrum Crescent raises funds for exploration in Spain

By: Creamer Media Reporter      8th September 2017 Triple-listed Ferrum Crescent has raised £193 304 before expenses, which the company will use for additional exploration and evaluation activities at the Toral and Lago lead/zinc exploration projects in Spain, and for general working capital. The funds were raised through a placement of... 

Atalaya posts H1 profit as Spanish projects advance

By: Creamer Media Reporter      7th September 2017 Mining development company Atalaya Mining has posted a net profit of €10.92-million for the six months to June 30. The Aim- and TSX-listed company, which declared commercial production at its Proyecto Riotinto mine, in Spain, in February 2016, produced 17 863 t of copper in the six months under... 

Ormonde’s Spanish tungsten project is moving full speed ahead

By: Mariaan Webb     5th September 2017 The Barruecopardo tungsten project in Salamanca, north-west Spain, is proceeding at a rapid pace and is on schedule for commissioning in the third quarter of next year. Construction activities are under way, with several contracts having been awarded, Ireland- and UK-listed explorer Ormonde... 

Berkeley finds investor to fund Spain uranium mine to production

By: Creamer Media Reporter      30th August 2017 Aim- and ASX-listed Berkeley Energia has signed a $120-million investment agreement with the sovereign wealth fund of Oman to fund the Salamanca uranium mine, in Spain, into production. The investment will position Oman as a long-term strategic investor in the company, as well as a potential... 

Himoinsa

By: Zandile Mavuso     22nd August 2017 As a global corporation that designs, manufactures and distributes power generation equipment globally, Himoinsa adds incomparable application and engineering know-how, excellent design and service capabilities, delivering value beyond the equipment it produces. 

Plymouth selects processing route for Spain project

By: Mariaan Webb     17th August 2017 Australia’s Plymouth Minerals and joint venture (JV) partner Valoriza Mineria have selected a commercial and known sulphate calcine/roast and fresh water leach processing route for the San Jose lithium/tin deposit, in Spain. The selection of a processing route allows the JV partners to determine... 

Lithium demand can be promising for Australia

     11th August 2017 Rising demand for renewable energy and electric vehicles is driving significant research and development, and strong growth in battery production around the world. Commodities used to make batteries — notably lithium, cobalt and graphite — will consequently be increasingly sought after in the... 

Proyecto Riotinto produces in line with targets – Atalaya

By: Mariaan Webb     31st July 2017 Mining and development company Atalaya Mining is confident of meeting its 34 000 t to 40 000 t copper production target at the Proyecto Riotinto mine in Andalucía, Spain, as the mine produced in line with its second-quarter targets. Second-quarter copper production increased to 9 058 t, from 8... 

Orvana achieves new quarterly gold production record

By: Creamer Media Reporter      18th July 2017 Gold and copper miner Orvana, which owns mines in Spain and Bolivia, has achieved a new quarterly consolidated gold production record of 26 414 oz in the third quarter of fiscal 2017. Consolidated gold equivalent production reached 35 292 oz in the quarter, a 27% improvement on the 27 683 oz... 

Winmar eyes new projects in Iberian Pyrite Belt

By: Mariaan Webb     11th July 2017 Australia’s Winmar Resources is assessing additional projects in the Iberian Pyrite Belt and is in discussions with a number of parties holding properties in the region, the company said this week, as it announced that it had stopped all significant expenditures at the Lomero joint venture (JV)... 

Tangible growth seen in global lithium market, says project developer

By: Mariaan Webb     11th July 2017 The global lithium market has witnessed “significant and tangible” change in recent weeks, with Europe embracing lithium-ion energy storage on a political and industry level, says project developer Plymouth Minerals. The company, which is developing the San Jose lithium/tin deposit in regional... 

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