R/€ = 19.9794 Change: 0.1249
R/$ = 18.5554 Change: 0.0395
Au 1940.25 $/oz Change: -38.52
Pt 972.21 $/oz Change: -11.90


Panoramic extends Savannah life

By: Esmarie Iannucci     21st March 2023 Nickel miner Panoramic Resources has extended the mine-life at its Savannah project, in Western Australia. Referencing a recently released life-of-mine update, Panoramic MD Victor Rajasooriar told delegates of Paydirt’s Battery Minerals conference, in Perth, that the project now had a minimum... 

Lithium development on track as Andrada production capacity increases 

By: Martin Creamer     20th March 2023 Technology metals mining and exploration company Andrada anticipates completion of its lithium bulk-testing pilot facility in June this year, the London AIM-quoted company said on Monday, March 20, when it provided fourth-quarter and 12 months to February 28 production updates for its Uis tin,... 

Rainbow upgrades Phalaborwa resource estimate, progresses pilot plant build

By: Donna Slater     20th March 2023 London-based Rainbow Rare Earths has increased the mineral resource estimate of its Phalaborwa rare earths project, in Limpopo, to a measured and indicated 30.4-million tonnes at 0.44% total rare earth oxide (TREO), with the high-value, permanent magnet elements neodymium and praseodymium... 

Atlantic kicks off augur drilling programme at Ghana lithium project

By: Marleny Arnoldi     20th March 2023 Dual-listed Atlantic Lithium has embarked on a five-month, 20 000-m auger drilling programme at the flagship Ewoyaa lithium project to test multiple targets within the project area. The drilling forms part of a broader exploration and resource drilling programme on the 560 km2 Cape Coast lithium... 

Ramelius makes a play for Breaker

By: Esmarie Iannucci     20th March 2023 Gold miner Ramelius Resources on Monday unveiled a takeover offer for fellow listed Breaker Resources, which owns the Lake Roe gold project, in Western Australia. Under the terms of the all-script off-market takeover offer, Breaker shareholders would receive one Ramelius share for every 2.82... 

LRC buys James Bay area royalty from Arianne

By: Mariaan Webb     17th March 2023 Development-stage phosphate mining company Arianne Phosphate has sold royalties covering 25 mining claims in the James Bay area, Quebec, to Toronto-listed Lithium Royalty Corp (LRC) for C$2.35-million. The royalty, retained by Arianne as part of an earn-in option agreement first entered into in... 

Early work starts at Kanmantoo

By: Esmarie Iannucci     17th March 2023 Junior Hillgrove Resources has wasted no time in advancing restart work at its Kanmantoo copper project, in South Australia, following a capital raise. Hillgrove on Friday announced that specialised contractors have been engaged to start early works activities in preparation for the start of... 

Botswana’s Debswana installs eLTE solution at Jwaneng diamond mine

By: Natasha Odendaal     17th March 2023 Botswana’s Debswana Diamond Company and information and communications technology (ICT) giant Huawei have unveiled its fifth-generation- (5G-) orientated smart diamond mine project. Debswana’s Jwaneng openpit diamond mine has been equipped with Huawei’s fourth-generation (4G) enterprise Long Term... 

Savannah mine, Australia

By: Sheila Barradas     17th March 2023 A nickel, copper and cobalt mine in the East Kimberley region of Western Australia. 

Mining services company reports third consecutive year of growth

By: Darren Parker     16th March 2023 Global mining services company Capital has announced a third consecutive year of material growth. The company's revenue for the 2022 financial year amounted to $290.3-million, a 28% increase from 2021, and at the upper end of its revised guidance of $280-million to $290-million. Earnings before... 

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