Resources Watch
Eskom needs more support from coal producers, SADC; Prevost urges coal producers to focus on local demand; and, Amplats targeting largest fuel cell truck, mulling renewable energy
Wescoal concludes CSA with Eskom over Moabsvelden
Coal miner Wescoal has, through its subsidiary Neosho Trading 86, entered into an agreement to supply State-owned Eskom with coal from its greenfield development project Moabsvelden, in Delmas, Mpumalanga, for ten years. The signature of the coal suppl…
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Diamond-focused Tango sells coal ops, proposes name change
TSX-V-listed junior Tango Mining, which operates the Oena diamond mine in South Africa, will sell its coal metallurgical and mining projects to focus on its diamond properties, it announced on Tuesday.
The company owns a 74% interest in each of Kwena …
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Court case sets precedent for claims arising from overseas activities of Canadian miners
The six-year legal battle between a group of Guatemalan protestors and Tahoe Resources of Vancouver, Canada, has come to a conclusion, with new owner Pan American Silver issuing a public apology on behalf of the company that it bought in February this …
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Fluor secures Khoemacau EPCM contract
NYSE-listed Fluor Corporation has been awarded an engineering, procurement and construction management (EPCM) contract by Cupric Canyon Capital for its Khoemacau copper/silver project, in Botswana. The contract will include upgrading the existing coppe…
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Alacer profit jumps on higher revenue, lower forex losses
Turkey-focused Alacer Gold has reported attributable net profit of $4.8-million in the second quarter, which was a substantial improvement of $24.9-million on that of the same period last year, mainly owing to higher revenue and lower foreign exchange …
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Pure Gold intersects ‘bonanza grade’ gold at Ontario project
Vancouver-headquartered Pure Gold Mining on Tuesday announced that its 2019 surface drilling exploration programme had delivered several bonanza-grade gold intercepts, including 108.5 g/t gold over 1 m at Madsen Red Lake, in Ontario.
The company repor…
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Polymetal swops Chaarat convertibles for stock
London-listed, Russia-focused gold miner Polymetal has agreed to exchange its $10-million of convertible notes received from fellow-listed Chaarat Gold as part of an original consideration for the Kapan mine, in Armenia, into equity.
Polymetal, which …
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Millennial reports positive feasibility results for Argentina lithium project
The Pastos Grandes lithium project has advanced from exploration through to a completed feasibility study in just over two years and project owner TSX-V-listed Millennial Lithium now has the confidence to move the project into the next development stag…
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Cordoba studying new copper mine in Colombia
TSX-V-listed Cordoba Minerals is studying the potential of a new copper mine in Colombia that will produce an average of 18 100 t/y over more than two decades.
The San Matias copper/gold/silver project preliminary economic assessment (PEA), unveiled o…
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