Targeted resource of 138m ounces of PGMs for Bauba

Platinum-group metals (PGMs) exploration company Bauba Platinum reports that it is under way with a scoping study on the southern cluster of its properties, situated within the eastern limb of the Bushveld Igneous Complex (BIC), in Limpopo.

Namakwa upbeat on diamond prospects

Supply-side pressures would likely drive a surge in diamond prices in the second half of 2010 that would signal the start of a recovery for the diamond sector, leading to a positive recovery in 2011, LSE-listed Namakwa Diamonds said on Tuesday....

Lack of access to funding cripples mining projects

Minerals consulting group Venmyn reports that that the most significant challenge to the mining industry currently, from a transaction perspective, is access to funding.

Resources expected to increase significantly at Ethiopian gold exploration project

African-focused junior diversified miner Nyota Minerals, previously Dwyka Resources, reports a maiden inferred resource of 690 000 oz of gold at the Tulu Kapi gold exploration project, in Ethiopia, and is confident that the project’s resource...

Ethiopia gold project ‘highly prospective’ – Nyota

Gold exploration company Nyota Minerals’ Tulu Kapi project, in Ethiopia, represented a “highly prospective” gold project according to an independent technical review completed by South African mining and minerals advisory firm Venmyn. An...

AIM emerging as bourse of choice for small miners

More evidence is emerging that when small emerging miners decide to list, the board of choice is the London Stock Exchange-controlled Alternative Investment Market (AIM).

Unpacking vertical-integration trend in SA chrome sector

Independent consultancy group Venmyn, which operates mainly in the minerals industry, has pointed to a link between the recent shutdown of smelters in South Africa and a local trend of ferrochrome producers vertically integrating into chromite...

AltX punted as ideal platform for junior listings

A campaign has been launched to promote the use of the JSE Securities Exchange’s parallel exchange, AltX, as a platform for the listing of small and medium-sized mining companies.

Palladium demand on the rebound – Venmyn

The recent figures released by Johnson Matthey reflect the after-effects of a strong price rally in palladium, said Johan Odendaal, advisor at Venmyn, a mining advisory company.

Long road still lies ahead for Minerals Development Bill

The draft Minerals Development Bill, hailed in some quarters as the key that will unlock the door for previously-disadvantaged people intent on entering the R500-billion South African mining industry, is unlikely to achieve this particular...