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Reopening of economies boosting metals prices 

By: Marleny Arnoldi     3rd July 2020 Since lockdown measures have started to ease around the world to contain Covid-19, ratings and research agency Standard & Poor’s Global (S&P Global) says the reopening of economies, combined with monetary stimulus by banks and governments, has allowed industrial metal prices to rise. However,... 

Mount Mackenzie optimised - REZ

By: Esmarie Iannucci     2nd July 2020 Pit optimisation and higher gold prices have improved the economics of the Mount Mackenzie gold and silver project, in Queensland. ASX-listed Resources and Energy reported this week that on the back of an updated mineral resource estimate, and accounting for a higher gold price, the optimisation... 

Profile on Gemecs

By: Creamer Media Reporter      26th June 2020 Gemecs (Pty) Ltd is a small-sized geological company that renders geological and mining consulting services to the Southern Africa mining industry. Gemecs is a South African company, with its head office situated in Middelburg, Mpumalanga, with a satellite office located in Morningside... 

Jervois commences high-prospect drilling programme in Uganda

By: Donna Slater     26th June 2020 TSX-listed nickel and copper miner and explorer Jervois Mining is planning to drill at its Kilembe area properties in western Uganda, to test a target with high-grade copper/gold rock chip samples and a coincidental gold in soil anomaly. The CC target is undrilled and contains some of the... 

Corizon readies for Pilbara exploration drive

By: Esmarie Iannucci     25th June 2020 Junior Corizon Resources will raise A$5-million through a share placement to fund exploration work at its Croydon gold project, in the Pilbara. Corizon will place an initial 358.1-million shares at a price of 1.2c a share under its existing placement capacity, while a further 58.5-million... 

Alta raises cash for Italian drilling

By: Esmarie Iannucci     25th June 2020 ASX-listed Alta Zinc has secured A$3.6-million to fund exploration work at its Gorno zinc project in Italy. The junior has received firm commitments from professional and institutional investors for the placement of 890.5-million shares, priced at 40c each, and more than 296.5-million listed... 

SolGold restarts regional exploration after Covid pause

By: Creamer Media Reporter      22nd June 2020 Dual-listed explorer and developer SolGold is restarting its regional exploration programme in Ecuador, following a hiatus of activities due to the Covid-19 pandemic and government restrictions. SolGold has received drilling permits for exploration activities on a number of concessions,... 

Tulu Kapi gold project plans updated

By: Tasneem Bulbulia     19th June 2020 Aim-listed Kefi Minerals has recorded progress towards the goals of closing full project funding  for its Tulu Kapi gold project, in Ethiopia, in October and for gold production to start in 2022. "I am pleased to report that development and financing activities have been adjusted following recent... 

Interest in junior mining finally picking up, says American Pacific CEO

By: Mariaan Webb     17th June 2020 It has been a tough ten years for junior miners since the last gold bull market ended in 2011, but as the uncertainty of Covid-19 reignited an interest in metals, a new level of excitement has returned to the mining industry. Gold exploration company American Pacific Mining (APM) CEO Warwick... 

African Gold unveils DFS for 100 000 oz/y Mali mine

By: Marleny Arnoldi     17th June 2020 TSX-V-listed African Gold Group has published a definitive feasibility study (DFS), as well as an updated mineral resource and reserve estimate, for the Kobada gold project, in Mali. The DFS envisions a production rate of 100 000 oz/y for the first five years of operation.  

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