Project developer Alderon Iron Ore will formally kick off its financing efforts to raise capital to build the Kami project, which will produce a premium-quality iron-ore concentrate with 65.2% iron content.
Located in the Labrador Trough near three pr…
Alderon to re-enter market for financing in 2019 Read More »
Freight logistics group Transnet has missed its half-year coal export target by 2.3-million tons, the State-owned company reported on Wednesday, citing locomotive failures, community unrest, as well as customer and export terminal constraints.
The exp…
Transnet misses H1 export coal target Read More »
With a resource upgrade in hand, base metals mine developer Orion Minerals on Wednesday presented the outcomes of a scoping study for its Prieska zinc/copper project in South Africa’s Northern Cape.
The study investigated the economic viability of an …
Orion presents case for first 10 years of Prieska mine Read More »
Base and precious metals company Cradle Arc has applied for the provisional liquidation of its 60%-owned Leboam Holding subsidiary, which owns the now suspended Mowana copper mine, in Botswana, while talks on alternative funding arrangements continue.
…
Botswana’s Mowana copper mine applies for provisional liquidation Read More »
TSX-V-listed gold junior Rusoro confirmed on Tuesday that a portion of the initial $100-million payment from Venezuela in terms of the October settlement agreement had been sent, but said that its Canadian bank refused to advance the funds.
The bank i…
Rusoro searching for banking solution for Venezuela payments Read More »
Lithium developer Kidman Mining has potentially found another buyer for lithium hydroxide production from the Mt Holland lithium project, in Western Australia.
The ASX-listed company revealed on Wednesday that it had signed a memorandum of understandi…
Kidman in talks to sell lithium to LG Chem Read More »
TSX- and NYSE-listed Pretium Resources (Pretivm) said on Tuesday that it had accomplished all its objectives for the year, following the successfully refinancing of its construction credit facility and the repurchase of the precious metals stream that …
Pretivm refinances construction credit facility, repurchases stream Read More »
Spurred on by the positive results of its prefeasibility study (PFS) for the Wheeler River project, Canadian uranium company Denison Mines on Tuesday announced that C$10.3-million would be spent on advancing the Athabasca basin project in 2019.
The bu…
C$10.3m approved to advance of Wheeler River uranium project Read More »
The 45-day strike at Gold Fields’ South Deep mine has officially ended following signing of a formal settlement agreement between the JSE- and NYSE-listed company and the National Union of Mineworkers (NUM).
Employees have been returning to work since…
Gold Fields and NUM sign formal agreement ending South Deep strike Read More »
Diamond miner De Beers sold $540-million worth of diamonds in the tenth sales cycle of this year, bringing its total sales for the year to about $5.39-billion.
The most recent sight yielded the strongest results for a final sales event in at least thr…
De Beers’ final sales cycle for 2018 ends on a high Read More »
