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New numbers impart shine to BCI’s Mardie SoP and salt project

By: Esmarie Iannucci     17th May 2019 An optimisation of the prefeasibility study (PFS) for the Mardie salt and potash project, in Western Australia, has improved the project economics, with a definitive feasibility study (DFS) now targeted for late 2019. ASX-listed BCI Minerals on Friday reported that the optimised PFS estimated a... 

Greenland optimises Kvanefjeld economics

By: Esmarie Iannucci     15th May 2019 An optimised feasibility study into the Kvanefjeld rare earths project, in Greenland, has estimated a $31-million increase in annual revenue, at current rare-earth prices. ASX-listed Greenland Minerals on Wednesday reported that the optimised study had estimated an 8% increase in rare-earth... 

Ramelius warns of further delays at Greenfinch

By: Esmarie Iannucci     15th May 2019 Gold miner Ramelius Resources has warned of further delays to the approval process for its Greenfinch openpit operation, in Western Australia, immediately adjacent to the Edna May operation. The Western Australian Department of Mines, Industry Regulation and Safety in November rejected the... 

Gulf's DSO operation gets final approval

By: Esmarie Iannucci     15th May 2019 ASX-listed Gulf Manganese has received final approval from the Indonesian Ministry of Trade for its direct shipping ore (DSO) licence. The approval from the Ministry of Trade follows an earlier approval from the Ministry of Energy and Mineral Resources, and marks the final ratification for the... 

Troy targeting growth at Karouni

By: Esmarie Iannucci     15th May 2019 Junior gold miner Troy Resources will continue to target growth opportunities at its Karouni gold project, in Guyana, with the miner hoping to extend its project holding through acquisitions or joint ventures. Speaking on the sidelines of the Paydirt Latin America Downunder conference, in... 

Pantoro buys half of Central Norseman gold project

By: Esmarie Iannucci     15th May 2019 ASX-listed Pantoro has inked a multi-million dollar deal to acquire a 50% interest in the Central Norseman gold project (CNGP), in Western Australia. Pantoro will form a joint venture (JV) with Central Norseman Gold Corporation and its subsidiary, and will take over management control of the... 

Breaker raises funds for Bombora discovery

By: Esmarie Iannucci     15th May 2019 Junior Breaker Resources will raise A$6.3-million through a share placement to fund a prefeasibility study of its Bombora gold discovery, in Western Australia. The company on Wednesday reported that it would place some 21-million shares, at a price of 30c each, to institutional and sophisticated... 

Australia’s St Barbara to buy Atlantic Gold for C$802m

By: Esmarie Iannucci     15th May 2019 Australian gold miner St Barbara has struck a C$802-million takeover deal of TSX-V-listed Atlantic Gold. St Barbara on Wednesday announced plans to acquire all of the outstanding shares in Atlantic for C$2.90 a share, implying an enterprise value of C$802-million. 

BHP admits to ‘over-investing’ in Canada mine, but says Jansen remains attractive

By: Esmarie Iannucci     14th May 2019 Diversified miner BHP on Tuesday admitted to an overspend at the Jansen potash mine, in Canada, but CEO Andrew Mackenzie has argued that the project remains an attractive asset. The mining giant has already spent $2.7-billion on the potash project, east of Saskatoon, Saskatchwan, and will have... 

Core Gold to vote on Titan merger

By: Esmarie Iannucci     14th May 2019 The shareholders of TSX-V-listed Core Gold are expected to vote on June 12 on the C$72-million merger proposed by ASX-listed Titan Minerals. Under the merger agreement struck earlier this year, each Core shareholder will receive 20 fully paid ordinary shares in Titan, for every one Core share... 

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