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Fatou drilling to commence once funding finalised

By: Donna Slater     15th January 2021 Aim-listed gold and lithium explorer and developer Kodal Minerals has undertaken further field reconnaissance and planning of the maiden drilling programme at its Fatou project, in Mali, which will start as soon as possible and in line with a funding agreement being finalised. The company is... 

Jubilee reports record earnings of £28m

By: Marleny Arnoldi     14th January 2021 Aim- and AltX-listed Jubilee Metals’ operational earnings for the second half of last year increased by a record 123% to £28.4-million, compared with the first half of the year. In rand terms, it was a 126% increase to R603-million between the two six-month periods.  

First gold pour positions Pure Gold for future success

By: Tasneem Bulbulia     8th January 2021 Canadian miner Pure Gold Mining achieved the first gold pour at its mine in Red Lake, Ontario, on December 29, with this milestone marking the company’s transformation from explorer to producer, as well as to being cash flow generative, CEO, president and director Darin Labrenz tells Mining... 

Altus notes encouraging drilling results at Diba

By: Tasneem Bulbulia     7th January 2021 Mining royalty company Altus Strategies has recorded “encouraging” initial results from the ongoing 10 000 m reverse circulation (RC) drilling programme at its 100%-owned Diba gold project, in western Mali. Diba hosts a shallow-dipping near-surface gold deposit and several other prospect areas. 

AngloGold says will achieve strong yearly free cash flow performance 

By: Chanel de Bruyn     18th December 2020 Gold miner AngloGold says it is on track to build on the robust free cash flow of $516-million in the first nine months of the year and is expected to post its strongest annual free cash flow performance in almost a decade. In a year-end update published on December 18, interim CEO Christine... 

Alamos significantly expands land package around Island Gold

By: Creamer Media Reporter      18th December 2020 Midtier miner Alamos Gold has completed the C$25-million acquisition of Trillium Mining, which handed it a large land package of 5 418 ha directly adjacent to, and along strike, from the Island Gold deposit in Ontario. The acquisition has significantly expanded the company’s land package around... 

Botswana Diamonds publishes first 3D model of Thorny River kimberlite

By: Creamer Media Reporter      17th December 2020 Diamond exploration company Botswana Diamonds has published a three-dimensional (3D) model of a newly discovered kimberlite pipe at its Thorny River project in South Africa. “This is our first three-dimensional model of the kimberlite on Thorny River and thus represents an important step in the... 

Glencore enters partnership with Tre-Altamira to expand satellite monitoring across its TSFs

By: Creamer Media Reporter      15th December 2020 Diversified miner Glencore has entered into an agreement with commercial services provider Tre-Altamira to expand satellite monitoring to more than 110 of its tailings dams worldwide, which Glencore says is the largest industry monitoring agreement to date specifically focusing on tailings... 

Solaris raises C$52m to expand Ecuador exploration

By: Mariaan Webb     15th December 2020 TSX-V-listed Solaris Resources has raised C$52-million in a private placement, allowing the company to significantly expand its ongoing exploration programme at its Warintza project, in Ecuador. To date, Solaris has drilled 13 900 m at Warintza Central, with assays pending on six additional... 

Partnership approach to tech collaboration at De Beers Venetia underground project

By: Creamer Media Reporter      14th December 2020 Partnership will be the watchword in the technological collaboration between global diamond leader De Beers Group and engineering group Sandvik Mining and Rock Solutions on the Venetia Underground Project (VUP). South Africa’s largest diamond mine, Venetia has been mined as an open pit since... 

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