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Exploration News

Galileo enters into agreement to sell Star Zinc to Zambia-focused company

By: Donna Slater     4th March 2021 Zinc, copper and rare earths explorer Galileo Resources has entered into a conditional agreement with Siege Mining regarding the ceding of ownership, operation and participation in the Star Zinc project. For its part, Galileo will cede its ownership of the project for a consideration of $750... 

Tsodilo gets green light to list on OTCQB

By: Donna Slater     4th March 2021 TSX-V-listed diamond and metals exploration company Tsodilo Resources has received approval to start trading on the OTCQB Venture Market under the symbol TSDRF as of the start of trading on March 4. Chairperson and CEO James Bruchs says the company believes a secondary listing on this market... 

Minerals Council offers to part pay cost of replacing Samrad system 

By: Schalk Burger     4th March 2021 The Minerals Council South Africa has made recommendations to the Department of Mineral Resources and Energy (DMRE) about critical reforms that are needed to encourage greater investment in exploration and mining. One of its suggestions is that the dysfunctional South African Mineral Resources... 

Minerals Council offers to part pay cost of replacing Samrad system
Minerals Council CEO Roger Baxter

Geoscience Australia sets next targets

By: Esmarie Iannucci     4th March 2021 Western Australia, South Australia and the Northern Territory have been flagged as the major recipients of the next phase of the Australian government’s A$225-million Exploring for the Future programme. Minister for Resources, Water and Northern Australia Keith Pitt on Thursday announced the... 

DMRE commits to provide final decision on Samrad system in six months 

By: Schalk Burger     3rd March 2021 The Department of Mineral Resources and Energy (DMRE) director-general Thabo Mokoena, during a follow-up briefing to the Parliamentary Portfolio Committee on Minerals and Resources on March 3, committed the department to providing a final determination on the South African Mineral Resources... 

New exploration strategy a step closer, but questions remain

By: Donna Slater     3rd March 2021 The Minerals Council South Africa and the Council for Geoscience are said to be close to publishing their so-called new strategic Exploration Implementation Plan. Announced during the Joburg Indaba in October 2020, the new exploration strategy was then earmarked for development within three... 

Ionic adds to Uganda resource

By: Esmarie Iannucci     3rd March 2021 Junior Ionic Rare Earths has reported a three-fold increase in the mineral resource estimate at its Makuutu project, in Uganda. The mineral resource estimate at Makuutu is now estimated at 315-million tonnes, at 650 parts per million total rare earth oxide, representing a 210% increase on the... 

Exploration spend continues to grow - ABS

By: Esmarie Iannucci     2nd March 2021 New data from the Australian Bureau of Statistics (ABS) has shown that mineral exploration expenditure continued to grow in the December quarter. “Total Australian mineral exploration expenditure grew in every quarter in 2020, illustrating the strength of Australia’s mineral exploration... 

Exploration spend continues to grow - ABS

Cora starts 22 000 m drilling campaign at Sanankoro

By: Donna Slater     1st March 2021 West Africa-focused Cora Gold has started a 22 000 m drilling campaign at its flagship Sanankoro gold project in southern Mali. CEO Bert Monro says the drill programme will be the largest single programme that Cora has ever completed.  

Tesoro modifies El Zorro structure to align with Chilean regulations

By: Donna Slater     1st March 2021 ASX-listed gold explorer Tesoro Resources has modified the terms and structure of its acquisition of the El Zorro gold project in Chile, as both the project and the Ternera deposit, are now materially larger than contemplated by the existing purchase option agreement. Under the existing purchase... 

Implats, 4IR and Target North make headlines   

26th February 2021 Mining Weekly Editor Martin Creamer unpacks Implats' R10-billion worth of new platinum projects, the feasibility study on a mine selected for the testing of Fourth Industrial Revolution technologies and the Greenfield exploration drilling that has restarted at Target North.   

Implats, 4IR and Target North make headlines
Implats, 4IR and Target North make headlines

South Africa's mineral licensing system holding back prospecting, exploration

By: Schalk Burger     25th February 2021 Department of Mineral Resources and Energy (DMRE) director-general Thabo Mokoena has conceded that the South African Mineral Resources Administration System (Samrad), which was introduced to allow the general public and investors to view the country's mineral rights, is dysfunctional. He told a... 

South Africa's mineral licensing system holding back prospecting, exploration

NT launches next round of exploration funding

By: Esmarie Iannucci     25th February 2021 The Northern Territory government has opened Round 14 of its exploration drilling and geophysics grants. This program, which is part of the A$26-million Resourcing the Territory initiative, is the biggest investment by any territory government into programs to attract and support resources... 

Merger to create new North American precious metals explorer

By: Creamer Media Reporter      24th February 2021 A new North America-focused precious metals exploration and development company is set to emerge from the combination of TSX-V-listed Silver Mountain Mines and private British Columbia company Nevgold. Nevgold holds the rights to acquire the Limousine Butte and Cedar Wash project, in Nevada,... 

Greenfield exploration drilling restarts at Target North gold prospect  

By: Martin Creamer     23rd February 2021 Greenfield exploration drilling has restarted at the Target North prospect in the Free State, which Covid-19 temporarily halted, Harmony Gold CEO Peter Steenkamp told Mining Weekly on Tuesday. Speaking during a Zoom interview after presenting an outstanding set of dividend-yielding  financial... 

Greenfield exploration drilling restarts at Target North gold prospect
Harmony gold CEO Peter Steenkamp interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Red Mountain gains access to Koonenberry

By: Esmarie Iannucci     23rd February 2021 Gold hopeful Red Mountain Mining has inked land access agreements over its Koonenberry gold project, in New South Wales. Land access agreements are required with local landholders prior to any exploration groundwork being undertaken in New South Wales, with Red Mountain telling shareholders that... 

Two-phase coal project will secure production

By: Theresa Bhowan     19th February 2021 Coal exploration and mining company Canyon Coal’s De Wittekrans greenfield project, in Mpumalanga, South Africa, will take place in two phases. Phase 1 – the opencast operation – has an economically minable reserve of 14.3-million tonnes of run-of-mine (RoM), while Phase 2 comprises the... 

Two-phase coal project will secure production
KEEP IT COAL The De Wittekrans mine has an estimated life-of-mine of about 25 years

Namibia suspends new mining right applications

By: Mc'Kyla Nortje     19th February 2021 The Namibian Ministry of Mines and Energy (MME) will not consider or process new applications for mineral rights from November 18, 2020, to August 17, 2021,  the ministry said in a statement last year.   The reason is to enable the ministry to review requirements and procedures for right... 

Namibia suspends new mining right applications
BRYAN WHITE Mining industry will grapple with the Covid-19 measures for some time, and notes that they have largely been normalised as part of mines’ work processes

Uranium industry awaits price increase

By: Mc'Kyla Nortje     19th February 2021 Despite the prolonged period of low uranium prices, wrought by the Fukushima tsunami and the subsequent oversupply caused by the shutdowns of nuclear power plants, the Namibian uranium sector, unlike those in other countries, has not stagnated, states Namibian Uranium Institute executive director... 

Uranium industry awaits price increase
SAFETY FIRST Radiation Safety Working Group inspecting final product transport at the Husab Mine

Oriole completes desktop remote sensing study for Cameroon licences

By: Donna Slater     18th February 2021 West Africa-focused explorer Oriole Resources has, through its 90%-owned subsidiary Oriole Cameroon, completed an independent desktop remote sensing study for its district-scale licence package in central Cameroon. The study was completed over the entire 3 592 km2 licence package, which is... 

Altus, Marvel extend mineralisation at the Tabakorole project

By: Marleny Arnoldi     18th February 2021 Aim-listed Altus Strategies says reverse circulation (RC) at its Tabakorole gold project, in Mali, has extended the strike length of the FT Prospect by at least 150 m to beyond 3 km. Altus holds a 49% equity interest in the project, as well as a 2.5% net smelter return royalty.  

Rio Tinto drills for copper in Saskatchewan

By: Creamer Media Reporter      18th February 2021 Mining company Rio Tinto Exploration Canada (RTEC) has started drilling on Forum Energy Metals’ Janice Lake copper/silver project, in Saskatchewan. Two drill rigs are initially testing the Rafuse target, a 2.8 km long priority target of surface copper mineralisation that was developed during... 

Egypt says deadline for latest mining bid round extended to May 15

By: Reuters     18th February 2021 Egypt has extended the deadline for participation in its latest bid round for mineral exploration to May 15, from March 15, the mineral resources authority said in a statement on Wednesday. The extension was due to the effects of the coronavirus pandemic and to give investors more time to come... 

Province inches into hydrogen

By: Esmarie Iannucci     17th February 2021 Junior explorer Province Resources has struck an agreement to potentially acquire seven exploration licenses in Western Australia that are prospective for salt, potash and mineral sands, and could be suitable for the development of a renewable green hydrogen project. Under the proposed... 

Jandar secures A$10m finance

By: Esmarie Iannucci     17th February 2021 ASX-listed Jadar Resources has executed a A$10-million finance facility with Mint Capital Advisors to fund exploration activities at its existing projects, particularly in Peru and Mexico. Jadar on Wednesday told shareholders that it had inked a standby placement agreement with Mint, that would... 

London listing on way as mining company strives to become green gold producer  

By: Martin Creamer     15th February 2021 A Kenyan gold asset with expansion, exploration and green status upside is scheduled to reverse list on the London Stock Exchange in March. The Kilimapesa gold mine, with a declared Joint Ore Reserves Committee resource of 670 000 oz, is an operating three-adit asset with fairly extensive... 

London listing on way as mining company strives to become green gold producer
Mayflower Capital executive Gerard Kisbey-Green interviewed by Mining Weekly ‘s Martin Creamer on the Kilimapesa gold-mining opportunity. Video: Darlene Creamer.

Minerals exploration to remain in decline without sound guiding authority – Miller 

By: Donna Slater     15th February 2021 Despite the Department of Mineral Resources and Energy (DMRE) not publishing any data on mineral exploration, mining supply sales consultancy AmaranthCX director and owner Paul Miller says there is extensive financial data, some containing information about minerals exploration, that is buried... 

Exploration presents huge upside potential if only South Africa can find the golden key

By: Martin Creamer     12th February 2021 South Africa is a mining nation but falls badly short when it comes to mineral exploration, despite the country being highly prospective. To reverse South Africa’s exploration inadequacy and turn its substantial mineral endowment to positive account, leading geologists are advocating a whole new... 

Exploration presents huge upside potential if only South Africa can find the golden key

Alluvial diamond miners outline way to save fast-shrinking industry  

By: Martin Creamer     11th February 2021 The number of alluvial diamond operators is decreasing at an alarming rate. In 2004, there were 2 000 small diamond-mining companies, which employed close to 25 000 people, and now there are only about 200 operators employing only 5 000 people – a 90% decline. 

Alluvial diamond miners outline way to save fast-shrinking industry
The South African Diamond Producers Organisation is interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Sprott invests in Goliath

By: Mariaan Webb     11th February 2021 TSX-V-listed Goliath Resources has announced a strategic investment by Eric Sprott of C$2-million, representing an 8.5% stake in the company. Crescat Capital will be participating in this offering to maintain its 9.9% interest. 

Cora identifies three new surface gold discoveries in Mali

By: Donna Slater     10th February 2021 West Africa-focused Cora Gold reports that a series of new surface gold discoveries have been identified from satellite imagery and surface prospecting programmes at the Sanankoro gold project, on the Yanfolila Gold Belt in southern Mali. The three new mineralised structures identified include a... 

New certification opens doors for Tirupati Graphite

By: Simone Liedtke     10th February 2021 Specialist graphite producer and graphene developer Tirupati Graphite’s group company Tirupati Speciality Graphite (TSG) has been accorded the Registration, Evaluation, Authorisation and Restriction of Chemicals (Reach) certification for its range of expandable graphite products for marketing and... 

Resources Watch  

10th February 2021 This week: Minerals Council says exploration needed to grow industry; President Cyril Ramaphosa says SA wants to promote greater exploration and beneficiation; and, Murray & Roberts Cementation achieves five-million fatality-free shifts 

Resources Watch
Resources Watch

Kin Mining hopes to raise A$15m

By: Esmarie Iannucci     10th February 2021 ASX-listed Kin Mining will raise up to A$15-million to fund exploration and resource growth at its Cardinia gold project, in Western Australia. The explorer on Wednesday reported that it would raise an initial A$12-million through the placement of 92.3-million shares, at a price of 13c each,... 

Explorers welcome guidelines in the NT

By: Esmarie Iannucci     10th February 2021 The Minerals Council of Australia (MCA) has welcomed the Northern Territory government’s releases of a code of conduct for mineral explorers in the region, saying it would help explorers and land managers work together for more jobs and greater prosperity for all Territorians. The code is... 

Great Western raises exploration funds

By: Esmarie Iannucci     10th February 2021 Junior Great Western Exploration will raise A$5-million through a share placement to professional and sophisticated investors to fund exploration work. The company has received binding commitments for the placement of 20-million new shares, at a price of 25c each, with the placement to be made... 

Giyani receives first assay results from drilling programme in Botswana

By: Simone Liedtke     9th February 2021 TSX-V-listed Giyani Metals has received the first set of assay results from the reverse circulation (RC) infill drilling programme, at its K.Hill manganese project, in Botswana. The company has also announced a new planned exploration programme and the appointment of an additional drilling... 

Altus expands into Egypt with award of four gold exploration licences

By: Simone Liedtke     9th February 2021 The Egyptian Mineral Resource Authority has granted Altus Strategies’ subsidiary Akh Gold four gold exploration licences, comprising nine licence blocks and totaling 1 565 km2, in the eastern desert of Egypt. The licences target potential historic workings as defined by in-house satellite data... 

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