Tin concentrate producer Alphamin Resources has granted stock options to directors, officers and employees and the company’s subsidiaries under its stock option plan to acquire an aggregate 9.88-million common shares. Each option is exercisable for a s…
Alphamin grants stock options to directors, employees Read More »
Following its initial investment in March, the Angolan Sovereign Wealth Fund (FSDEA), has invested a further A$7.25-million in rare earth miner Pensana Rare Earths’ Longonjo project in the province of Huambo, Angola.
The funds will advance Pansana’s f…
Pensana receives investment to expand Angolan mine Read More »
TSX-V-listed gold miner Lumina Gold has received positive results from its latest preliminary economic assessment (PEA) for its 100%-owned Cangrejos project, in Ecuador.
The PEA, completed by MTB Enterprises, demonstrates substantial improvements on t…
Lumina ups Ecuador project NPV to $1.6bn Read More »
In its quest to promote Zambia’s emeralds to buyers across the world, gemstone miner Gemfields has introduced the third instalment in its short film series dedicated to coloured gemstones.
The buyer’s guide film is aimed at educating consumers on ever…
Gemfields releases third film to promote responsibly sourced gemstones Read More »
Egypt-based gold miner Aton Resources has drawn down an additional $77 000 pursuant to its bridge loan facility with shareholder Ou Moonrider (Moonrider) to fund further work at its Abu Marawat Concession, in Egypt, and for general working capital purp…
Aton Resources draws down full $300 000 from shareholder Read More »
Mineral Resources and Energy Minister Gwede Mantashe has welcomed the recent appointments of a number of women to senior executive positions in the energy sector.
According to the Department of Mineral Resources and Energy (DMRE), the appointment of w…
DMRE welcomes new female energy sector business leaders Read More »
The international refined nickel production and trade market will evolve in the coming decade as China’s large nickel deficit, driven by the electric vehicle (EV) success story, and Russia’s slowly falling nickel surplus, driven by a thin project pipel…
Nickel market to evolve as EVs, role-players and projects change Read More »
Copper, gold and zinc miner First Quantum Minerals (FQM) paid over K7-billion in taxes and royalties to the Zambian government in 2018, representing almost 40% of total payments made by the mining industry, making it the nation’s largest taxpayer.
The…
First Quantum Minerals tops Zambian taxpayer list Read More »
The Minerals Council South Africa, in its third weekly Covid-19 update briefing on June 4, reported that, to date, the domestic mining industry has 527 positive cases of Covid-19, with 7 461 miners having been tested and 226 796 having been screened.
…
South Africa’s mining industry records 527 positive Covid-19 cases, 72 recoveries Read More »
Aim-listed gold miner Hummingbird Resources has entered into a conditional earn-in agreement with Canadian oil and gas producer ARX Resources over its Dugbe gold project, in Liberia.
The agreement requires ARX to complete a definitive feasibility stud…
Hummingbird inks deal with ARX to expand Dugbe project Read More »
