Aim-listed Hummingbird Resources has signed a binding heads of terms agreement for the acquisition of the Kouroussa gold project, in Guinea, from Canadian junior miner Cassidy Gold Corp. Kouroussa is a near-term development asset in the Siguiri basin a…
Hummingbird acquires Guinea gold project Read More »
Copper-focused Kaz Minerals says its $150-million capital expenditure (capex) guidance for 2020 remains in place, as previously curtailed activity will resume in due course. Prior to the Covid-19 disruption, equipment and materials were delivered to th…
Kaz Minerals maintains 2020 capex guidance Read More »
London- and Toronto-listed SolGold has announced it is raising another £16-million, or $20-million. The fundraising, at a price of 21.5p a share, comprises a placing of more than 74.4-million new ordinary shares, which is fully underwritten to new and …
SolGold launches new capital raising Read More »
London- and Toronto-listed SolGold has announced it is raising another £16-million, or $20-million. The fundraising, at a price of 21.5p a share, comprises a placing of more than 74.4-million new ordinary shares, which is fully underwritten to new and …
Ecuador-focused copper developer SolGold raises £27m Read More »
TSX-V- and Aim-listed Pure Gold Mining has launched its 2020/21 exploration and resource growth programme at its wholly owned Red Lake mine, in Canada. Over 30 000 m of diamond drilling, including both underground and surface drilling, is planned to op…
PureGold launches 30 000 m drilling programme Read More »
First Quantum Minerals (FQM) supports a call from civil society for local communities in mining areas to benefit more directly from the tax revenue paid by the industry. A multi-stakeholder symposium held this week in Solwezi, in Zambia, called for a …
First Quantum backs calls for mining communities to benefit from industry taxes Read More »
TSX-V-listed Pangolin Diamonds intends to complete a nonbrokered private placement of units to raise aggregate gross proceeds of up to $600 000. The net proceeds of the offering will primarily be used for exploration expenditures at its various project…
Pangolin to raise $600 000 for exploration Read More »
Platinum group metals miner Eastern Platinum’s (Eastplats’) net loss for the quarter ended March 31 widened to $8.2-million, or $0.09 a share, from the net loss of $800 000, or $0.01 a share, reported for the quarter ended March 31, 2019. The company a…
Eastplats’ first-quarter net loss widens on exchange rate losses Read More »
Underground development at TSX-listed Ivanhoe Mines’ Kakula copper mine, in the Democratic Republic of Congo, continues to advance ahead of schedule, with more than 15.4 km now complete, or 4.7 km ahead of plan. In May, the mining team set its fifth co…
Kakula copper mine advancing ahead of schedule, says Ivanhoe Read More »
Profitable 2019 supports Hummingbird’s future development plans The 2019 financial year, ended December 31, was the first profitable year for Aim-listed Hummingbird Resources, which CEO Dan Betts says marks a milestone in the development of the company.
Profitable 2019 supports Hummingbird’s future development plans Read More »
