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Topic

Spanish cattle farmers are worrying about nearby uranium mines

By: Bloomberg     3rd July 2018 Maria Jose Alamo, whose 120 cattle graze on land close to the only major new uranium mine being developed in the world, is worried. “I myself wouldn’t buy the meat of cattle raised close to such a mine,” said Alamo, 48, in an interview at a cafe in the hamlet of Banos de Retortillo, in Western... 

W Resources reports progress at La Parilla site

By: Creamer Media Reporter      27th June 2018 The La Parilla tungsten project under development in Spain is progressing as planned, with crusher, steelwork and equipment deliveries having started, Aim-listed W Resources reported on Wednesday. In a project update, the company states that concrete and civil works have been completed for the... 

Skills needed in local quarrying industry

By: Erin Steenhoff-Snethlage     22nd June 2018 The surface mining association, Aspasa, raised awareness about skills shortages in the local opencast mining and quarrying profession through a presentation delivered to an international audience of peers at the Global Aggregates Information Network (Gain) conference, in Spain, last month. Skills... 

A Success Story in Junior Mining

11th June 2018 At the Junior Mining Indaba 2018, Vuslat Bayoglu shared the transformation of ZAC (Zululand Anthracite Colliery) from major mining to junior mining. Zululand Anthracite Colliery (ZAC), South Africa’s sole producer and exporter of prime anthracite coal, plans to expand its mining operations and... 

Infinity expands plans for Spanish project

By: Esmarie Swanepoel     8th June 2018 A technical option study at the San Jose lithium project, in Spain, has found that the project was amenable to produce battery-grade lithium hydroxide, in addition to the battery grade lithium carbonate already planned. ASX-listed Infinity Lithium said on Friday that the study was conducted in... 

MMEC conference outlook indicative of state of mining industry

By: Melissa Zisengwe     8th June 2018 The increase in international participation at the sixth edition of the Mozambique Mining, Energy and Natural Gas Conference (MMEC) reflected the state of the Mozambique mining industry, which is an emerging market, says event organiser AME Trade. The conference was held in Maputo on April 25 and... 

Berkeley Energia lists on LSE

By: Anine Kilian     6th June 2018 Uranium miner Berkeley Energia officially listed on the LSE on Wednesday. The company also received confirmation from Spanish authorities that its shares will be admitted to trading on the Spanish Stock Exchange (SSE) soon. 

Berkeley Energia to migrate to LSE main board this week

By: Creamer Media Reporter      4th June 2018 Uranium project developer Berkeley Energia said on Monday that its admission to the main market of the LSE and the Madrid, Valencia, Bilbao and Barcelona stock exchanges (SSE) should be effective this week. The LSE migration should occur on Wednesday, at which stage trading in the company’s... 

Copper miner Atalaya's Q1 profit jumps 54%

By: Mariaan Webb     24th May 2018 Copper miner Atalaya Mining has posted a 54% increase in its first-quarter profit, on the back of stronger copper prices and an increase in concentrate volumes sold. After-tax profit increased from €5.7-million, or 4.8c a share, in the first quarter of 2017, to €8.8-million, 6.5c a share, in... 

Ferrum Crescent completes fundraising to advance Spain project

By: Creamer Media Reporter      22nd May 2018 Exploration company Ferrum Crescent, which will soon be known as Europa Metals, has completed a fundraising to progress resource delineation and to commission an initial scoping study at its lead/zinc project, in Spain. The company on Tuesday issued new shares and options to raise about... 

Ferrum Crescent name change approved

By: Creamer Media Reporter      21st May 2018 Australian company Ferrum Crescent has gained shareholder approval to change its name to Europa Metals, in a move designed to emphasise its involvement in a zinc, lead and silver project in Spain. The company last year sold its Moonlight iron-ore asset in South Africa and is now focusing on the... 

Farnese blue diamond, with 300-year royal history, fetches $6.7m

By: Reuters     16th May 2018 The Farnese Blue diamond, which was passed down through European royal families for 300 years, sold at auction in Geneva on Tuesday for 6.7-million Swiss francs ($6.7-million), beating auctioneers Sotheby's estimate of 3.5-million to 5-million Swiss francs. The 6.16 ct, dark grey-blue gem from... 

Berkeley appoints COO

By: Creamer Media Reporter      14th May 2018 Uranium-focused Berkeley Energia has appointed corporate executive Sean Wade as COO to identify and lead strategic business development opportunities. Prior to joining Berkeley, Wade was director of international media and investor relations at Georgia’s largest bank, TBC. During his time at the... 

New opencast mining monitoring products introduced

11th May 2018 Mining equipment manufacturer and geotechnical slope stability monitoring radar systems supplier Reutech Mining introduced two new products, the Slope Vision georeferenced camera system and Movement and the Surveying Radar (MSR) Connect software suite, at the Slope Stability 2018 symposium and... 

Berkeley Energia to list on LSE, Spanish stock exchanges

By: Marleny Arnoldi     2nd May 2018 Uranium developer Berkeley Energia (currently Aim-listed) on Wednesday announced its intention to apply for admission of its ordinary shares to the main board of the LSE and to the Spanish Stock Exchanges (SSEs) of Madrid, Barcelona, Bilbao and Valencia.  

Berkeley Energia targets further cost reductions at the Salamanca mine

By: Simone Liedtke     30th April 2018 Clean energy-focused Berkeley Energia has completed the financing for its Salamanca uranium project, in Spain, and is in the process of undertaking detailed final reviews to ensure the company has the most optimal capital and operating costs. A final selection of contractors is also being finalised. 

Barloworld to sell Iberian equipment business, shares hit

By: Reuters     25th April 2018 Barloworld will sell its underperforming Iberian equipment business to privately-owned Italian group Tesa following a strategic review. Shares in the equipment, car rental and logistics provider fell more than 7% after Wednesday's announcement, in which Barloworld said the overall proceeds of the... 

Atalaya completes prefeasibility study on Spain copper project

By: Mariaan Webb     23rd April 2018 A prefeasibility study (PFS) has found that the Proyecto Touro copper project will be profitable, validating Aim- and TSX-listed Atalaya Mining’s initial interest in the brownfields development in north-west Spain. Based on a long-term copper price of $3/lb, the Touro project has an after-tax... 

Apollo plans IPO for Constellation subsidiary

By: Esmarie Swanepoel     23rd April 2018 ASX-listed junior Apollo Minerals announced plans to list its Fraser Range nickel/copper and gold assets on the Australian bourse through an initial public offering (IPO). The separate listing of Apollo’s subsidiary Constellation Resources, would allow the company to focus its efforts on its... 

Orion appoints mining engineer as nonexecutive director

By: Creamer Media Reporter      18th April 2018 ASX- and JSE-listed Orion Minerals, which is developing the Prieska base metals project in South Africa’s Northern Cape, has appointed Michael Hulmes as nonexecutive director. Hulmes is a mining engineer with over 30 years’ senior executive, management 

W Resources plans to spin off or sell copper and gold assets

By: Mariaan Webb     17th April 2018 European mining project developer W Resources is considering spinning off or selling its copper and gold projects, as it increasingly focuses on its tungsten assets in Spain and Portugal. The company, which is advancing the La Parrilla tungsten mine in Spain, owns the São Martinho,... 

Atalaya acquires Proyecto Riotinto royalty for $4.75m

By: Marleny Arnoldi     13th April 2018 Copper miner Atalaya Mining has agreed to acquire a royalty over the Proyecto Riotinto project, in Spain, from Rumbo 5-Cero for $4.75-million.  

Atalaya’s Q1 output beats management expectations

By: Mariaan Webb     11th April 2018 Dual-listed Atalaya Mining has achieved its second highest production quarter on record, with copper output increasing to 9 441 t in the three months ended March, from 8 805 t in the corresponding period of 2017. The company, which operates the Proyetco Riotinto mine, in Spain, achieved a 7.1%... 

Farnese blue diamond goes on sale after 300 years of royal history

By: Reuters     6th April 2018 The historically important Farnese Blue diamond, which was passed down through European royal families for some 300 years, is to go on sale for the first time next month, auctioneers Sotheby's said. Expected to fetch between $3.7-million and 5.3-million, the 6.1 ct, dark grey-blue stone from the... 

W raises £1.5m to accelerate Portuguese tungsten projects

By: Creamer Media Reporter      5th April 2018 Aim-listed W Resources said on Thursday it had completed a placement of 300-million shares at 0.5p each to raise £1.5-million from new and existing shareholders. The placing enables W to accelerate development on its Portuguese projects, in particular at the Régua and Tarouca tungsten projects... 

Apollo raises cash for European projects

By: Esmarie Swanepoel     4th April 2018 ASX-listed junior Apollo Minerals will raise A$6-million through an institutional placement to accelerate work programmes at the Couflens project, in France, and the Aurenere project, in Spain. Apollo will issue 26.1-million shares, at a price of 23c each, to raise the costs, with the placement... 

W Resources awarded €5.3m grant for Spain tungsten mine

By: Mariaan Webb     28th March 2018 The Junta de Extremadura government has awarded Aim-listed W Resources a €5.3-million grant for the La Parrilla tungsten and tin project, in Spain. The grant equates to 32% of the €16.6-million plant and facilities package that qualified for the grant contribution. 

Atalaya improves financial performance on production and price gains

By: Mariaan Webb     27th March 2018 Dual-listed copper miner Atalaya Mining has posted a 60% jump in net income to €18.2-million in 2017, thanks to strong revenue growth on the back of higher production from Proyetco Riotinto, in Spain, and increasing copper prices. Revenue for the 12-month period amounted to €160.5-million,... 

Apollo takes interest in Spanish project

By: Esmarie Swanepoel     21st March 2018 ASX-listed Apollo Minerals will acquire a 75% interest in the Aurenere tungsten/gold project, in northern Spain, along strike from the Couflens project, in France. Under the share purchase agreement, Apollo would acquire a majority interest in Spain’s NeoMetal for €100 000 cash upfront, and a... 

Africa’s leading industry trade fair prepares to open its doors

By: Creamer Media Reporter      6th March 2018 The countdown has begun: bauma CONEXPO AFRICA opens its doors for the third time in one week. The largest trade fair for construction machinery, building material machines, mining machines and construction vehicles in Africa continues to attract international participation, highlighted by four... 

W executes major offtake agreements

By: Mariaan Webb     23rd February 2018 Tungsten, copper and gold explorer and developer W Resources has signed two major long-term offtake agreements for tungsten concentrate from its La Parrilla mine, in Spain. The Aim-listed company reported on Friday that it would supply European tungsten processing giant Wolfram Bergbau und... 

First Quantum lifts Cobre Panama capacity 15%; swings to FY17 loss

By: Henry Lazenby     13th February 2018 Base metals producer First Quantum Minerals will expand the capacity of its massive Cobre Panama copper project, in Panama, by 15% to 85-million tonnes a year. The Toronto-based miner on Monday also said it has sanctioned upgrades to certain areas to accommodate a further capacity expansion to... 

Board and management changes announced at Plymouth

By: Mariaan Webb     7th February 2018 Lithium-focused Plymouth Minerals on Wednesday announced board and management changes as part of its continued focus to advance the San Jose lithium/tin project, in Spain. Plymouth, which plans to change its name to Infinity Lithium, said it had strengthened its executive team with the... 

Plymouth to become Infinity Lithium, puts Gabon potash assets on the block

By: Mariaan Webb     25th January 2018 ASX-listed Plymouth Minerals, which is earning in to the San Jose lithium/tin project in Spain, has announced that it will sell its potash assets and change its name to reflect its sole focus. In an emailed newsletter, CEO and MD Adrian Byass said on Thursday that the name change to Infinity... 

Berkeley says offtake activity to intensify this year

By: Mariaan Webb     23rd January 2018 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... 

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