Mining Bulletin

The full story: In-depth news and analysis

You are here

Mining Bulletins

The full story: In-depth news and analysis

Rockwell Diamonds' new chief Tjaart Willemse says hard decisions made in late 2016 have enabled the South African diamond producer to survive a challenging 12 months.

Northern Empire completes $10M+ gold project acquisition, $20M raising and gets new major shareholder in Coeur Mining. By MBM’s North American correspondent.

Scandium International moves closer to development of the world's first scandium-only mine at Nyngan in Australia with the award of the EPCM contract to Lycopodium.

The increasing demand for premium quality in global iron ore markets has seen Carpentaria Exploration build a strong portfolio of blue-chip customers for its Hawsons magnetite project in New South Wales, Australia.

A positive scoping study on the initial $226M capex Mutamba heavy minerals project in Mozambique envisages base case $3.53B revenue over an initial 30-year LoM, beginning in 2020

Image Resources has expectations of producing the first heavy mineral concentrate from its Boonanarring project in Western Australia as early as March next year on the back of a strong feasibility study. John Feary reports

(UPDATE)
Tanzanian presidential inquiry committee report over-stated Acacia Mining's exports of precious metals in concentrates by more than 10 times, miner claims.

A tax evasion investigation into possible undeclared and undercharged commodity exports, including Acacia Mining, has cost Tanzania’ mining minister his job and seen the govt’s audit agency disbanded.

Millennium Minerals is reviewing changes to the mine plan for at its flagship Nullagine project in Western Australia after suffering more rain misery in the June quarter. John Feary reports

Renascor Resources is moving on to advanced feasibility work after a scoping study outlined highly encouraging project economics for its Siviour deposit, part of its Arno graphite project on the Eyre Peninsula in South Australia.

The Kwale mineral sands mine in Kenya is facing a shorter but more profitable life after Base Resources approved an expansion project that will shorten mine life, reduce costs and increase annual output.

Privately-owned, 3-year-old explorer Vitrinite has outlined 194Mt of new coal resources in Queensland, Australia’s Bowen Basin. By Mark Mentiplay

The DRC Govt will re-introduce a new revenue raising mining code this week after the 1st attempt was thwarted by mining companies and lower commodity prices

Facing cash-flow problems after its CEO and CFO were fired amidst an on-going financial scandal, Asa Resource Group is hanging on with gold prodn down, but nickel up

Investor Pallinghurst Resources launches all-scrip bid to bring now valued £212M gemstone producer Gemfields into the fold.

First Quantum Minerals’ big Cobra Panama Copper Project is knocking over the milestones on its road to commissioning next year

UK company Stratex International has signed a non-binding heads of agreement for an all-scrip takeover of Brazilian-focused explorer Crusader Resources, aiming to form a mid-tier international miner with substantial cash reserves and projects in Brazil, Africa and Turkey.

Champion Iron lines up $40M financing and 3Mtpa off-take to support its plans to resume commercial operations at the Bloom Lake iron ore mine in Canada's Labrador Trough.

Central Rand Gold has bought industrial peace at its South African operations by promising workers a bonus, but its continuing financial crisis has the miner contemplating the sale of its working assets.

Gran Colombia still has up to 160,000oz gold in its FY/CY17 sights after Q1 17 production slip along with increased costs

A successful Q1 17 sees Roxgold on target for up to 115,000oz in FY/CY17 from its new Burkina Faso gold mine

PFS sees new high-grade, high-margin, initial 211,000oz Rothsay gold project for Egan Street Resources kicking off in mid-2018. By Mark Mentiplay

International gold miner Eldorado Gold has launched a $590M bid for developer/explorer Integra Gold and its advanced Lamaque Gold Project in Canada

3 more majors have joined the secret negotiations for BHP Billiton’s 77.000tpa Cerro Colorado copper mine in Chile, sources claim

New expansion plan for Lundin Mining’s Neves-Corvo zinc mine in Portugal to more than double production out to 2030.

Newcrest expects to restart production at its Cadia East underground mine in the September quarter once it has completed rehabilitation and upgrades to ground support areas after a seismic tremor halted operations in April.

Directors of Central Rand Gold find themselves in the dark about their company's deepening plight after strikers deny management access to their Johannesburg headquarters.

Beadell Resources gives the go-ahead after a positive feasibility study for Tucano gold project updates described by CEO-MD Simon Jackson as "the foundation of the future".

Strengthening operations at its 3 producing mines and better prices has seen Mandalay Resources slashed Q1 17 loss

Triton Minerals aims for late 2017 completion of a feasibility study after positive scoping study for Ancuabe graphite project in Mozambique.

Pages

Mining Brokers