Kimberley Diamonds raises $4m to partly repay auction house

Australia’s Kimberley Diamonds has raised $4.02-million in capital, some of which has been used to partly repay China-based auction house Zhejiang Huitong Auction, which had previously lent the... 

Entrepreneurs navigating economic uncertainty better than large corporates

In an environment where individual companies are being transformed by the disruptive force of technology, and where entirely new sectors are being created, entrepreneurs are becoming increasingly... 

Resolute submits positive feasibility study for Bibiani

ASX-listed gold miner Resolute Mining has lodged a positive feasibility study for its 90%-owned Bibiani gold project, in Ghana, with the Ghana government, which owns a 10% free-carried interest in... 

Great Panther reports fatality at Guanajuatito mine

A contract miner has died due to an isolated rock fall at TSX-listed silver miner Great Panther Silver’s Guanajuatito mine, in Mexico. "We feel great sadness over the loss of one of our colleagues,... 

Blackham to start mining at Matilda in three weeks

Having secured all the necessary approvals, the management team of near-term gold producer Blackham Resources is now focused on preparing for the start of openpit mining at the ASX-listed company’s... 

Sugar cane production declines by more than 16.3% y/y

As a result of the ongoing countrywide drought, South African cane production declined during the 2015/16 season by more than 16.3% to 14.81-million tons, following an 11.4% reduction recorded in... 

PFS proves Batangas mine’s low cost, strong cash flow potential

A prefeasibility study (PFS) of ASX-listed junior gold developer Red Mountain Mining’s Batangas gold project, 120 km south of Manilia, in the Philippines, has been completed, demonstrating the low... 

Independent study confirms viability of Diatreme’s flagship Cyclone project

An independent project enhancement and update study has confirmed the viability of ASX-listed mineral sands developer Diatreme Resources’ Cyclone zircon project, in Western Australia, which now has... 

Red 5’s Siana underground mine approved for development

Based on the positive outcomes of an updated feasibility study for junior gold miner Red 5’s Siana gold project, in the Philippines, the Siana underground mine has been approved for development and... 

Tyranna reinforces stake in Challenger gold assets

Resource and exploration company Tyranna Resources has initiated a formal dispute process as a result of repeated claims allegedly made by emerging gold producer WPG Resources that part of... 

Revised PFS for Atrum’s Groundhog complex includes low-cost starter mine

ASX-listed coal developer Atrum Coal is currently finalising a revise prefeasibility study (PFS) for its Groundhog North mining complex, in British Columbia, Canada, which now includes a staged... 

Talisman to refocus on wider Springfield deposit, develop exploration strategy

Having completed a high-level study assessing the potential for mining the Monty deposit, in Western Australia, ASX-listed metals developer Talisman Mining plans to shift its exploration focus from... 

Tanzania-focused Strandline raises $2.3m through share placement with Tembo

Tanzania-focused mineral sands developer Strandline Resources has raised about $2.3-million in equity funding through the successful completion of a share placement with mining-focused private... 

Archer increases shareholder cap due to heavily oversubscribed SPP

The board of ASX-listed junior explorer Archer Exploration has elected to increase the previously announced shareholder cap of $500 000 to $2.03-million, owing to the heavily oversubscribed share... 

Tharisa debuts on LSE

JSE-listed platinum-group metals (PGMs) and chrome co-producer Tharisa officially joined the London Stock Exchange (LSE) on Wednesday, when company shares began trading on the LSE’s main market at... 

DRA to design processing facilities for Pilgangoora lithium project

Perth-based lithium developer Altura Mining has tasked multidisciplinary global engineering group DRA with the preliminary engineering and design of its processing facilities at the Pilgangoora... 

Legislation passed to regulate Greenland uranium exports

The Greenland and Danish parliaments have both passed legislation that will regulate uranium exports from Greenland to ensure that uranium mining and exports are conducted in accordance with... 

RMG inks share price agreement to raise $2m for Chile property

ASX-listed junior RMG has entered into a share subscription agreement with cornerstone investor Epoch Bliss to raise $2-million, before expenses, to fun ongoing activities at RMG’s Chile property... 

Platypus concludes 100% acquisition of Lepidico

JOHANNESBURG (miningweekly.com) – Junior explorer Platypus Minerals has finalised the acquisition of lithium developer Lepidico, having acquired 100% of the issued shares in Lepidico by issuing... 

Blom re-elected WFDB president, Israel’s Dvash appointed VP

The World Federation of Diamond Bourses (WFDB) has re-elected president Ernie Blom for a third consecutive term, though it decided to replace VP Julien Drybooms with Israeli Diamond Exchange... 

Havilah receives first payment for sales from Portia gold mine

ASX-listed junior Havilah Resources finalised first gold sales from its Portia gold mine, in South Australia, on Friday, after pouring the mine’s first gold early last month. The company announced... 

Technical due diligence on Kibaran’s Epanko project complete

After securing $2-million through a share placement earlier this year, in conjunction with additional funding mechanisms, junior graphite developer Kibaran Resources announced on Tuesday that... 

Entrepreneurs navigating economic uncertainty better than large corporates – EY

In an environment where individual companies are being transformed by the disruptive force of technology, and where entirely new sectors are being created, entrepreneurs are becoming increasingly... 

Woodlawn DFS due for release before end June, says Heron

The definitive feasibility study (DFS) results for minerals developer Heron Resources’ 100%-owned high-grade Woodland zinc-copper project in New South Wales (NSW) are scheduled for release before... 

WPG awarded new mineral lease for Challenger

Emerging gold producer WPG Resources was on Monday granted a new mineral lease for its Challenger operation in Central South Australia. South Australia MP Tom Koutsantonis confirmed the grant on... 

Mincor exceeds expectations after doubling gold inventory

Having completed its mineral resource estimates for all six of its most advanced Western Australia gold prospects, ASX-listed gold and nickel firm Mincor Resources announced on Thursday that its... 

Prices worse than low-case scenario ever envisaged – South32

Commodity prices have been worse than ASX-listed diversified mining company South32’s low-case scenario ever envisaged, said CEO Graham Kerr on Thursday. Reflecting on the company’s first... 

Altona finalises JV agreement with Chinese firm for new Cloncurry mine

ASX-listed copper miner Altona Mining on Thursday announced that it had concluded negotiations with Sichuan Railway Investment Group (SRIG) for the establishment of a joint venture (JV) company... 

Peak appoints Tanzania Ambassor as special adviser

ASX-listed rare earths hopeful Peak Resources announced on Thursday that it had appointed Ambassador Paul Rupia, an “internationally recognised and respected” Tanzania statesman, as special adviser... 

Talga ups mineral resource estimate at Vittangi graphite mine

Advanced materials company Talga Resources has upped the mineral resource at its Sweden-based Vittangi graphite mineral resource by 29% more total tonnes, with a grade increase from 24.4% total... 

LNG boosts Australia’s bottom line

Oil and gas extraction in Australia rose by 5.1% in the March quarter, following the record $17-billion in liquefied natural gas (LNG) exports achieved in 2015, according to Australian Bureau of... 

SouthGobi given leave to appeal Siskinds damages claim

The Ontario Superior Court of Justice has granted Toronto- and Hong Kong-listed coal producer SouthGobi Resources leave to appeal the court’s decision, in November, granting Canadian law firm... 

Bayer, Planetary Resources collaborate to improve agriculture with space data

Prospective asteroid miner planetary Resources is collaborating with multinational chemical and pharmaceuticals company Bayer to provide a new level of crop intelligence for the global agricultural... 

Cliffs inks long-term supply agreement with ArcelorMittal USA

NYSE-listed iron-ore producer Cliffs Natural has entered into a new long-term commercial agreement with ArcelorMittal USA to supply the steel giant with tailor-made iron-ore pellets for the next... 

Cameco to meet Cigar Lake production target, expects full production in 2017

TSX- and NYSE-listed uranium producer Cameco’s Cigar Lake project, in the uranium-rich Athabasca basin, is likely to meet its 2016 production outlook of 16-million packaged pounds of uranium... 

Centerra Gold delivers notice of arbitration to Kyrgyz government

After receiving two court rulings from Kyrgyz courts last week against its wholly owned subsidiary Kumtor Operating Company (KOC) for alleged environmental infractions at its eponymous mine,... 

Challenger mine resumes operations, produces first gold

After being temporarily suspended by its former owner in March, the Challenger gold mine, in South Australia, has resumed production and site operations, with the first gold bar produced on Tuesday... 

Venturex, Macarthur ink farm-in and JV agreement on Sulphur Springs

ASX-listed junior Venturex Resources has signed a memorandum of understanding (MoU) with TSX-V-listed lithium-focused explorer Macarthur Minerals to enter into a farm-in and joint-venture agreement... 

Kin Mining raises $1.68m through share placement

Promoting its growth and development strategy for the advancement of its Leonora gold project, in Western Australia, ASX-listed junior Kin Mining on Monday completed an oversubscribed share... 

Heron enters farm-in agreement with Alchemy

Remaining focused on the development of its high-grade Woodland zinc-copper project in New South Wales (NSW), minerals developer Heron Resources has inked a farm-in agreement with fellow ASX-listed...