Aim-listed mining company Vast Resources has raised in aggregate £900 000 before costs through a placing of shares at 0.116p each.
The cash raised from the placing should be sufficient to meet all the company’s financing needs in connection with its a…
Vast raises cash for pre-production activities at Baita Plai Read More »
Canada’s North American Palladium (NAP) has increased its budget for underground and definition drilling for 2019 by C$5.7-million, to accelerate drilling underground exploration targets at Lac des Iles (LDI), including Camp Lake, Offset Zone satellite…
NAP ups this year’s exploration budget by C$5.7m Read More »
In the face of climate change more emphasis needs to be given to platinum, and there needs to be a collective South African effort on this part. Meanwhile, in an effort to stop miners going down deep-level mines, remote machinery should come to the for…
Platinum in climate change, remote machinery, Mandela Mining Precinct make headlines Read More »
The date by which Canadian miner Centerra Gold and the government of Kyrgyzstan had planned to satisfy conditions relating to a 2017 strategic agreement has been extended yet again – this time to the end of July.
The first ‘longstop date’ under the st…
Centerra’s Kyrgyz agreement now delayed by more than a year Read More »
The underground mining rate of the Island Gold mine, in Ontario, is to increase to 1 200 t/d next year, Canadian intermediate miner Alamos Gold reported on Tuesday.
The Phase 2 expansion has gained approval from the Ontario Environment, Conservation a…
Alamos Gold’s Island Gold expansion approved Read More »
The refinery that TSX-V- and ASX-listed First Cobalt is aiming to reopen in Canada could produce more than 5 000 t/y of cobalt contained in sulphate, a debottlenecking study by Ausenco Engineering has found.
The study, which eliminates the refinery’s …
Study doubles production potential of Canada cobalt refinery Read More »
Aim-listed Tertiary Minerals on Tuesday announced that it had secured exploration rights and an option to purchase a group of claims in the Pyramid mining district of the US state of Nevada.
The company secured a 20-year lease with an option to purcha…
Tertiary acquires interest in Pyramid project, Nevada Read More »
Precious metals miner Sibanye-Stillwater’s shareholders have voted in favour of the company’s acquisition of platinum miner Lonmin. The company’s shares rose by 2.48% on Tuesday morning after announcing that 99.65% of shareholders in attendance at a ge…
Sibanye shareholders vote in favour of Lonmin takeover Read More »
Australian gold production in the first three months of the year reached records not seen since 1998, mining consultants Surbiton Associates have reported.
Gold production in the three months to March totaled 78 t across Australia. However, this was d…
Australian gold production still strong – Surbiton Read More »
Coal miner Peabody has taken the first step to resuming operations at the fire-hit North Goonyella mine in Queensland, Australia, with an announcement on Friday that it is proceeding with the ventilation of the first segment of the coal mine.
This for…
Peabody starts reventilating North Goonyella with aim of resuming production next year Read More »
