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Partial restart planned at Browns Range

By: Esmarie Iannucci     1st July 2020 Rare earths producer Northern Minerals on Wednesday announced that it would partially restart operations at its Browns Range pilot plant, in Western Australia, while also restarting exploration activities across its tenements. The company in March this year temporarily suspended operations at... 

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... 

Millennial's Argentina project receives enviro permit

By: Mariaan Webb     24th June 2020 TSX-V-listed developer Millennial Lithium has received an environmental permit for its flagship lithium brine project, Pastos Grandes, in Salta, Argentina, lifting its share price by nearly 10% on Tuesday. The declaracion de impacto ambiental (DIA) that the project received represents the... 

New tractor designed for African conditions

By: Darren Parker     1st May 2020 Original-equipment manufacturer John Deere received approval from the National Regulator for Compulsory Specifications to market and sell its new 6B series of tractors in South Africa, following several years of extensive testing throughout Africa. “The 6B series was designed specifically with... 

ASIC lifts stop order on TerraCom/Universal bid

By: Esmarie Iannucci     12th March 2020 The Australian Securities and Investment Commission (ASIC) has revoked an interim stop order in relation to ASX-listed TerraCom’s bid for South Africa-focused coal miner Universal Coal. The Australian watchdog at the end of February imposed the stop order, impeding TerraCom’s ability to... 

As stocks gyrate, investors scoop up tons and tons of gold

By: Bloomberg     11th March 2020 Stocks sink and investors snap up tons of gold; stocks surge and investors keep on snapping up tons of gold. The haven has benefited from sustained inflows in recent days as the markets’ virus-driven gyrations and expectations for interest rate cuts spur large, consistent demand. Net inflows... 

Russia seeks to lift ban on ‘blood diamonds’ from African ally

By: Bloomberg     16th December 2019 Russia is proposing to move toward ending the ban on selling so-called blood diamonds from the Central African Republic, a former French colony that’s struck recent military and commercial ties with Moscow, amid resistance from the US and Europe. The CAR, which is mired in civil conflict, should... 

Project Atlas delivers first gas sales

By: Esmarie Iannucci     10th December 2019 Project Atlas has delivered its first gas sales into the east coast market ahead of schedule, with the gas sold to Queensland power generator CleanCo. ASX-listed Senex Energy on Tuesday said that the agreement with CleanCo complemented Project Atlas’ gas sales agreement with CSR and Orora, which... 

Sirius shares gain on Qatari supply agreement

By: Mariaan Webb     11th October 2019 London-listed Sirius Minerals on Friday announced that it had signed a ten-year supply and distribution agreement with a State-owned Qatari company, sending its share price up 3.5% to 3.55p each by 15:30. Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) will sell... 

Climate risk lifting insurance premiums for coal mining company Exxaro  

By: Martin Creamer     22nd August 2019 Johannesburg Stock Exchange-listed coal-mining and energy company Exxaro Resources said on Thursday that it was experiencing higher insurance premiums in the renewal of its insurance policies. In reporting 24% lower net operating profit of R2.4-billion in the six months to June 30 on lower coal... 

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