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De Beers ups year-on-year production by 22%
25th January 2018 Buoyed by stronger trading conditions and a contribution from the ramp up of its Canada-based Gahcho Kué mine in the fourth quarter of 2017, diamond giant De Beers increased its total rough diamond production for the year by 22% to 33.5-million, boosted by a 5% increase in production in the... →
Lundin secures a $300m debt facility to ensure Fruta del Norte’s development
23rd January 2018 Canadian project developer Lundin Gold has secured a $300-million debt facility through commitments from five senior lenders – namely ING Capital, Société Générale, Caterpillar Financial Services Corporation, the Bank of Nova Scotia and KfW IPEX-Bank – for the development and construction of the... →
180-plus rail employees qualify in operations management
19th January 2018 More than 180 employees from State-owned rail transport agency Transnet Freight Rail (TFR) graduated from Glasgow Caledonian University (GCU) on Thursday with a variation of degrees and qualifications in railway operations management. GCU principal and vice-chancellor Professor Pamela Gillies led... →
Sonora feasibility study places Bacanora among the world’s top lithium suppliers
13th December 2017 Aim- and TSX-V-listed Bacanora Minerals’ Sonora lithium project, located in Mexico’s northern Sonora state, has the potential to become a significant supplier of battery-grade lithium to growing industries like electric vehicles (EVs) and energy storage, according to Bacanora CEO Peter Secker.... →
Miner dies at Harmony's Tshepong mine
7th December 2017 Gold mining major Harmony Gold confirmed on Thursday that one of its employees was fatally injured in a fall-of-ground incident at its Tshepong mine, near Welkom, in the Free State on Tuesday afternoon. According to the miner, challenging conditions continue to impact the recovery of the deceased. →
Red Metals, MMG Exploration ink joint venture agreement
4th December 2017 ASX-listed minerals exploration company Red Metal has signed an option and joint venture (JV) agreement with MMG Exploration – a subsidiary of midtier global resources company MMG Limited – to advance the prospective Mallapunyah zinc project in the McArthur basin, in Australia’s Northern... →
Syrah signs sales agreement with China-based battery manufacturer
4th December 2017 ASX-listed graphite developer Syrah Resources has signed a binding sales agreement with China-based Zhanjiang Juxin New Energy materials for 20 000 t of natural graphite from Syrah’s Mozambique-based Balama operation, in 2018. “This contract represents another significant import of Balama... →
Berkeley closes Oman financing transaction
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... →
Prairie submits Esia for Poland-based Jan Karski mine
30th November 2017 Coal developer Prairie Mining has submitted the environmental and social impact assessment (Esia) for its Poland-based Jan Karski mine to the Lublin Regional Environment Directorate for environmental consent, making way for the public consultation process and environmental permitting process to... →
Magnis receives strong interest from flake graphite buyers
28th November 2017 Having evolved into a diversified project developer with graphite mine developer operations and ownership in the large-scale manufacture of lithium-ion batteries, ASX-listed graphite buyer and seller Magnis Resources has received strong interest from a number of parties looking to source... →
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