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Exploration projects on the rise in Botswana

By: Khutso Maphatsoe     24th May 2019 Following the discovery of the second-largest diamond in Botswana since 2015, the country has received more attention, with investors wanting to invest more in mining projects in the region, says diamond exploration and project development company Botswana Diamonds MD James Campbell. Campbell... 

How is South Africa supporting mining exploration and its junior mining industry?

24th May 2019 In jurisdictions with depleting reserves, mining exploration can be the catalyst for future economic growth and business opportunity. Yet whenever the mining industry experiences a downturn, exploration spending usually plummets. 

C$3.5m project supports Newmont Goldcorp’s 4.0 vision in Quebec

By: Creamer Media Reporter      23rd May 2019 Gold major Newmont Goldcorp’s vision to create Quebec’s first interconnected “mine of the future” received a boost on Wednesday, when a C$3.5-million project to connect the Eleonore mine to a high-speed network was unveiled. The project, which is to be delivered by non-profit organisation Eeyou... 

BHP keen on more copper, nickel sulphide and oil

By: Esmarie Iannucci     22nd May 2019 Mining major BHP on Wednesday laid out its near-term plans for investors, saying that the company would look to add “options” in copper, nickel sulphides and oil. Speaking to investors, CFO Peter Beaven that BHP analysed a number of scenarios to ensure that the company’s portfolio was resilient... 

Tethyan to redomicile from UK to Canada

By: Creamer Media Reporter      22nd May 2019 Serbia-focused Tethyan Resources has announced that it will redomicile the company from England and Wales to British Columbia, Canada, to avoid the UK stamp duty tax. The UK stamp duty tax – a tax of 0.5% payable to HM Revenue and Customs Stamp Office – is unfamiliar to many investors that... 

St Barbara completes A$355m raising for Atlantic Gold buy

By: Esmarie Iannucci     17th May 2019 ASX-listed gold miner St Barbara has completed A$355-million institutional entitlement offer to partly fund the acquisition of Canada’s Atlantic Gold Corporation. The 1-for-3.1 pro rata accelerated non-renounceable entitlement offer, which was priced at A$2.89 a share, formed the first stage of... 

Confidence and investment returning to British Columbia’s mining industry

By: Creamer Media Reporter      17th May 2019 The performance of British Columbia mining companies are mirroring the return of confidence to the global industry, with the mining sector of Canada’s westernmost province posting positive results for the second consecutive year. PricewaterhouseCooper (PwC) Canada’s ‘BC Mine’ report states that... 

Copper majors report sound performances

17th May 2019 Several large diversified miners dominate copper production in Zambia and account for a significant amount of copper production in the Copperbelt, which includes the Copperbelt province and the towns of Ndola, Kitwe, Chingola, Luanshya and Mufulira in particular, as well as the Democratic... 

Trump administration opens up Minnesota wilderness area to copper mining

By: Reuters     15th May 2019 The US Interior Department on Wednesday renewed two mineral leases near the Boundary Waters Wilderness area in Minnesota, a key step in opening the popular wilderness and recreation area up to copper mining despite heavy opposition from local and national conservation groups. The department's... 

BHP admits to ‘over-investing’ in Canada mine, but says Jansen remains attractive

By: Esmarie Iannucci     14th May 2019 Diversified miner BHP on Tuesday admitted to an overspend at the Jansen potash mine, in Canada, but CEO Andrew Mackenzie has argued that the project remains an attractive asset. The mining giant has already spent $2.7-billion on the potash project, east of Saskatoon, Saskatchwan, and will have... 

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