R/€ = 16.27 Change: 0.10
R/$ = 14.29 Change: 0.07
Au 1426.87 $/oz Change: 24.35
Pt 814.04 $/oz Change: 3.56


Drilling at Armadale’s Mahenge Liandu yields positive results

By: Marleny Arnoldi     Updated 2 hours 7 minutes ago Aim-listed Armadale Capital has announced “exceptionally” high-grade results from a drilling programme at its Mahenge Liandu graphite project, in Tanzania. A definitive feasibility study on the project is on track to be completed during the fourth quarter of this year.  

Pleasing Orion bankable points to fast project payback 

By: Martin Creamer     24th June 2019 Zinc and copper exploration and development company Orion Minerals pleasantly surprised the market on Monday when it announced a bankable feasibility study (BFS) that paves the way for financing, concentrate offtake and mine construction of the Prieska project in the Northern Cape. The BFS... 

Rio Tinto starts drilling at Broadway’s Madison

By: Creamer Media Reporter      24th June 2019 Kennecott Exploration, part of the Rio Tinto Group, has started with a drilling campaign at TSX-V-listed Broadway Gold Mining’s Madison copper/gold project, in the Butte region of Montana, in the US. The initial drilling programme consists of three drill holes targeting an area displaying... 

Venus Metals, Rox to collaborate on four projects

By: Marleny Arnoldi     21st June 2019 ASX-listed Venus Metals has successfully formed four joint ventures in Western Australia with ASX-listed Rox Resources, with Venus receiving $2.5-million and 25-million shares from Rox. The Youanmi Gold Mine Joint Venture (OYG JV) is 50%-owned by each company, with Rox having the obligation to... 

Kefi starts fieldwork at Saudi Arabia project

By: Simone Liedtke     21st June 2019 Aim-listed Kefi Minerals on Friday reported that fieldwork had started at its Hawiah exploration licence, in Saudi Arabia. The fieldwork began with a modest cost but a potentially high-impact induced polarisation and resistivity geophysical survey aimed at better defining the large volcanogenic... 

Bushveld reports 1.58% vanadium grade for Brits project

By: Marleny Arnoldi     21st June 2019 Aim-listed Bushveld Minerals on Friday announced the maiden mineral resource estimate for its Brits vanadium project, in South Africa’s North West province. Bushveld reported a 66.8-million-tonne aggregate inferred and indicated mineral resource across three seams at the project, grading at an... 

Champion’s Bloom Lake feasibility study doubles yearly production

By: Marleny Arnoldi     21st June 2019 TSX- and ASX-listed Champion Iron on Thursday announced positive results from its Phase 2 feasibility study for the Bloom Lake mining complex, in Quebec. The study envisioned further exploiting Bloom Lake, which would increase overall capacity from 7.4-million tonnes a year to 15-million tonnes... 

Sandfire replaces ore reserves at DeGrussa

By: Creamer Media Reporter      21st June 2019 An updated ore reserve for the DeGrussa mine, in Western Australia, has extended the copper/gold operation’s mine life to mid-2022, ASX-listed Sandfire Resources reported on Friday. The company’s latest reserve and mineral resource update for DeGrussa includes the Conductor 1, Conductor 4 and... 

Company expands on fixing range

By: Khutso Maphatsoe     21st June 2019 Construction and fixing supplier Upat South Africa, the sole Southern African agents for fischer Fixings, has added its Duopower nylon expansion plug to its extensive range of fixings. Made from two different types of nylon, Upat technical sales director and co-owner, Kerry Kuhlmann, explains... 

Bauhinia Creek Phase 2 drilling intersects high-grade mineralisation

By: Tasneem Bulbulia     20th June 2019 East Africa-focused gold producer Shanta Gold has intersected high-grade mineralisation over significant widths during the second phase of its Bauhinia Creek (BC) drilling campaign at the New Luika gold mine (NLGM) in Tanzania. This provided further evidence of the continuity of the orebody to... 

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