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Oriole raises £419 500 to further Cameroon exploration

By: Donna Slater     30th June 2020 West Africa-focused exploration company Oriole Resources has successfully raised £419 500 to support ongoing exploration at its projects in Cameroon, including moving the programme at Bibemi towards drill mobilisation later this year. It will also provide the company with general working... 

Silver Dollar signs agreement to buy First Majestic project

By: Creamer Media Reporter      22nd June 2020 Shares in Canada-based junior Silver Dollar Resources surged 32% on Friday, after the company announced a letter of intent (LoI) to acquire First Majestic Silver’s La Joya silver/copper/gold project, in Durango, Mexico. Silver Dollar has the option to earn an initial 80% interest following the... 

Treasury Metals raises $11.5m

By: Creamer Media Reporter      17th June 2020 TSX-listed Treasury Metals is increasing the size of its offering to an aggregate of 32-million subscription receipts at $0.36 a receipt, for gross proceeds of $11.52-million. The offering is being completed in connection with the previously announced acquisition of the outstanding common shares... 

Artemis raises C$175m to fund Blackwater buy

By: Creamer Media Reporter      15th June 2020 Vancouver-headquartered Artemis Gold is raising C$175-million to fund its acquisition of the Blackwater gold project, in British Columbia, from New Gold. The transaction, announced last week, entails a C$140-million initial payment and C$50-million 12 months later. Artemis has entered into an... 

Metso launches My Plant Planner on-line configurator for designing efficient crushing and screening plants

3rd June 2020 Metso is introducing a unique drag and drop 3D crushing and screening plant configurator that enables professionals in the mining and aggregate industries to design more productive and efficient plants through real-time insights. The design and simulation tool, called My Plant Planner, is... 

Second stage of Kefi’s drilling programme in Saudi Arabia completed

By: Simone Liedtke     27th May 2020 Gold and Minerals (G&M), Kefi Minerals’ 34%-owned joint venture company, has now completed Stage 2 of the Hawiah diamond drilling programme, in Saudi Arabia, thereby increasing the number of completed drill holes to 69 since October 2019, when the first drill hole was completed. Copper, zinc,... 

Trident raises funds to execute opportunities

By: Tasneem Bulbulia     22nd May 2020 Diversified miner Trident Resources has successfully placed 80-million new ordinary shares, at a price of 20p per ordinary share, raising gross proceeds of about £16-million, or about $20-million. The placing was led by Tamesis Partners, Ashanti Capital and Azure Capital and received strong... 

Loan note changes add R811m to Northam’s liquidity for this uncertain year

By: Marleny Arnoldi     11th May 2020 JSE-listed Northam Platinum has managed to extend the maturity dates of certain notes held in terms of the company’s R10-billion Domestic Medium Term Note (DMTN) Programme with an aggregate amount of around R1.8-billion. The agreement was reached with a number of the noteholders, the company... 

Weir Minerals sand wash plant offers robust and reliable sand wash solution

By: Creamer Media Reporter      24th April 2020 This complete sand washing solution uses best-in-class Weir Minerals equipment to set the standard in wear life and recovery of saleable sand.   Weir Minerals is proud to announce the Weir Minerals Sand Wash Plant, a complete sand wash solution drawing on Weir Minerals’ long experience in the... 

Nevada Copper closes balance sheet strengthening transactions

By: Tasneem Bulbulia     31st March 2020 TSX-listed copper producer Nevada Copper, which owns Pumpkin Hollow in Nevada, US, has closed several previously announced balance sheet strengthening transactions, including amendments to its senior credit facility with KfW IPEX-Bank and amendments to the metals purchase and sales agreement with... 

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