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Exploration

Thor Exploration acquires licences in Senegal
3rd April 2024 By: Tasneem Bulbulia

TSX-V and Aim-listed Thor Exploration has completed the acquisition of interests in two licences in southeast Senegal where it is currently advancing the Douta gold project to a preliminary... 


ARM Executive Chairperson Dr Patrice Motsepe
South Africa’s ARM to acquire 15% of Canada’s Surge Copper
3rd April 2024 By: Martin Creamer

Diversified mining company African Rainbow Minerals (ARM) has entered into a subscription agreement for a private placement financing with Surge Copper, a Canadian company that is advancing an... 


Koryx Copper raises $1.5m
2nd April 2024 By: Sabrina Jardim

Mineral exploration and development company Koryx Copper has closed a nonbrokered private placement for $1.51-million. The proceeds of the private placement will be used for further exploration on... 


Unicorn to expand its exploration focus to Africa
2nd April 2024 By: Tasneem Bulbulia

London-listed Unicorn Mineral Resources, a mineral exploration and development company based in Ireland and exploring for zinc, lead, copper and silver, announces that the board has unanimously... 


Nigeria to grant mining licences only to companies that process locally
28th March 2024 By: Reuters

Nigeria will only grant new mining licences to companies that present a plan on how minerals would be processed locally, under new guidelines being developed, a government spokesperson confirmed on... 


Exploration starts at Larisoro manganese mine
27th March 2024 By: Darren Parker

Exploration activities have started at the Larisoro manganese mine, in Northern Kenya, with Marula Mining exploration East Africa head Collins Aseto and his geological team having mobilised to site... 


Jervois kicks of US govt-funded drilling at ICO’s RAM deposit
Jervois kicks of US govt-funded drilling at ICO’s RAM deposit
27th March 2024 By: Creamer Media Reporter

ASX- and TSX-V-listed Jervois Global has initiated the underground resources programme at the RAM deposit at its Idaho Cobalt Operations (ICO) in Idaho, US. The endeavour, carried out in... 


Master Drilling CEO Danie Pretorius.
Mechanical cutting is going to be key for mining going forward – Master Drilling
26th March 2024 By: Martin Creamer

Mechanical cutting, in which huge progress is being made, is going to be key for the mining industry going forward, Master Drilling CEO Danie Pretorius emphasised on Tuesday, when his Johannesburg... 


Kinetiko’s deepest core hole to date reveals promising results
26th March 2024 By: Darren Parker

ASX-listed Kinetiko Energy, which is conducting onshore gas exploration in Mpumalanga, South Africa, has completed its deepest core hole to date. “Following our previous announcement indicating... 


AECI CEO Holger Riemensperger. Picture: Hush Naidoo.
Expect digital unveiling, more innovation, greenness from 100-year-old mining-wired AECI
22nd March 2024 By: Martin Creamer

Mining explosives and chemicals company AECI, which turned 100 this week, will be unveiling a digital strategy for the mining market during the course of this year. It is also looking to become... 


First Class Metals seeks to acquire Quinlan lithium property
22nd March 2024 By: Sabrina Jardim

LSE-listed metals exploration company First Class Metals (FCM) has signed an agreement with exploration company Broken Rock Resources (BRR), giving FCM the right to earn 100% of the highly... 


An image of the Rompco pipeline facilities
Gas industry undergoes shift amid depleting supply
22nd March 2024 By: Nadine Ramdass

The South African gas industry is experiencing pressure as gas supply from energy company Sasol’s Pande and Temane gas fields, in Mozambique, is expected to decline from 2026, while liquified... 


An image of the Mukuyu well site
Zimbabwean gas project spurs regional interest
22nd March 2024 By: Nadine Ramdass

Following the discovery of the Mukuyu gas field in the Cabora Bassa basin, in northern Zimbabwe, oil and gas explorer Invictus Energy is confident further discoveries will be made in the basin. The... 


Menar MD Vuslat Bayoglu.
RBCT, TFR show that private-public collaboration can work very well – Menar
19th March 2024 By: Martin Creamer

The private-sector’s Richards Bay Coal Terminal (RBCT) and the State’s Transnet Freight Rail (TFR) have shown that the private sector and State-owned entities can work together very well, Menar MD... 


Critical Mineral Resources raises £250 000 to develop Moroccan permit
15th March 2024 By: Tasneem Bulbulia

Exploration and development company  Critical Mineral Resources has conditionally raised about £250 000 through the placing of 12.2-million new ordinary shares in the company and 8.02-million... 


Magazine cover image
Economic and geopolitical uncertainty supporting strong gold demand and prices
15th March 2024 By: Sabrina Jardim

Amid economic uncertainties and rising inflation, total gold demand, including over-the-counter (OTC) demand, reached a new record of 4 899 t in 2023, thereby supporting the highest yearly average... 


A Chrysos PhotonAssay unit
Capital achieves fourth consecutive year of strong growth
14th March 2024 By: Creamer Media Reporter

Mining services company Capital CE Peter Stokes says the company is excited for the year ahead after "another great year" in 2023, in which it achieved growth for the fourth consecutive year,... 


Madison Metals CEO Duane Parnham
Madison to pursue traditional funding avenues after lacklustre uranium tokenisation results
14th March 2024 By: Darren Parker

Uranium exploration and development company Madison Metals will pursue more traditional means of raising capital to fund its future efforts, as the company's unique uranium tokenisation strategy... 


Kingsland declares maiden resource for Australian graphite project
13th March 2024 By: Creamer Media Reporter

ASX-listed exploration company Kingsland Minerals on Wednesday announced a maiden resource estimate for the Leliyn project, confirming the Northern Territory deposit as one of the biggest in... 


Unctad develops digital solution to promote new critical mineral discoveries
13th March 2024 By: Schalk Burger

To prevent a production gap of critical and energy minerals amid burgeoning demand to keep global warming within the 1.5 °C targeted under the Paris Agreement, the United Nations Conference on... 


Japan's Marubeni to invest in Hudbay's exploration activities
Japan's Marubeni to invest in Hudbay's exploration activities
13th March 2024 By: Reuters

Canadian miner Hudbay Minerals said on Wednesday that Japanese trading house Marubeni will invest up to C$12-million across exploration activities at three of the miner's projects. Once the... 


BC exploration remains robust despite first y-on-y drop in a decade
BC exploration remains robust despite first y-on-y drop in a decade
13th March 2024 By: Mariaan Webb

British Columbia's exploration industry has found itself resilient in the face of global headwinds, remaining strong through the impact of climbing interest rates, economic turbulence and... 


Arc Minerals raises £4m
12th March 2024 By: Sabrina Jardim

Aim-listed Arc Minerals has raised about £4.14-million in aggregate, before expenses, through the placing of about 210-million shares and a subscription of about 19.78-million subscription shares... 


Pensana sends samples to South Africa for metallurgical test work
11th March 2024 By: Darren Parker

London-listed Pensana has announced that a carbonatite 4.7% total rare earth oxide (TREO) bastnaesite sample from Coola and a 4.8% TREO-enriched laterite sample from Sulima West, both in Angola,... 


Inca Minerals closes up shop in Peru
8th March 2024 By: Mariaan Webb

Australian exploration company Inca Minerals has resolved to cease operations in Peru, after failing to make any progress in extended discussions with potential joint venture (JV) partners for the... 


Resolute Mining maintains mineral resources owing to exploration success
8th March 2024 By: Tasneem Bulbulia

ASX- and London-listed Resolute Mining has published its Annual Ore Reserve and Resource Statement as at December 31, 2023, which indicates that total mineral resources have been maintained at... 


Magmatic and Fortescue partner on NSW copper prospect
Magmatic and Fortescue partner on NSW copper prospect
8th March 2024 By: Mariaan Webb

The share price of ASX-listed junior Magmatic Resources jumped more than 50% on Friday as the company announced a farm-in and joint venture agreement with iron-ore major Fortescue Metals. The... 


Marula appoints new community relations, development manager in Kenya
6th March 2024 By: Sabrina Jardim

Mining and development company Marula Mining has appointed James Mugambi as the community relations and development manager at Muchai Mining Kenya. Mugambi will be working at the Larisoro mine, in... 


Tsodilo withdraws contempt motion as Botswana Minister complies
6th March 2024 By: Darren Parker

Canadian mineral resources exploration and development company Tsodilo Resources has withdrawn its contempt motion, which sought to hold Botswana Minerals and Energy Minister Lefoko Moagi to... 


Lotus Resources to join the ASX 300 index
5th March 2024 By: Darren Parker

ASX- and OTCQB-listed Lotus Resources will join the S&P/ASX 300 index on March 18, following the index’s March quarterly review. Lotus owns an 85% interest in the Kayelekera uranium project, in... 


Beta-uranophane or yellow staining
Madison encouraged by high-grade uranium assays at its Khan project
5th March 2024 By: Darren Parker

The latest assay results from uranium exploration and development company Madison Metals’ recent surface trench sampling programme at its Khan project, in Namibia, have returned an average grade of... 


Australian exploration trends shifting, impacting search for new deposits - Amec CEO
Australian exploration trends shifting, impacting search for new deposits - Amec CEO
4th March 2024 By: Creamer Media Reporter

While Australian mineral exploration expenditure reached a record high in 2023, statistics for the December quarter show that the trends are shifting to a decline in expenditure and metres drilled,... 


An image of World Gold Council senior market strategist John Reade
Demand trends show increasing need for gold production
1st March 2024 By: Trent Roebeck

With the price of gold at an all-time high, gold-producing African States – such as South Africa, West African countries and sub-Saharan Africa countries – can benefit from the increased demand for... 


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