Emerging gold mining company Monarch Gold has sold two mining concessions and 15 claims east of Val-d’Or, Quebec, for cash and shares in O3 Mining.
Toronto-headquartered O3, which is a consolidator of exploration projects in Canada, acquired the Simka…
Monarch Gold sells Simkar property Read More »
Work on mine planning and project optimisation is continuing at the Parys Mountain zinc, copper, lead project, in Wales, and project owner Anglesey Mining continues to believe that the mine could be company changing.
Irish mining contractor QME is car…
Anglesey continues to believe in Parys Mountain Read More »
Platinum group metals miner Northam Platinum has completed a private placement of senior, unsecured, floating rate domestic medium-term notes to the value of R500-million. This forms part of the company’s R5-billion domestic medium-term note programme …
Northam raises R500m for Eland development Read More »
Mining Weekly Editor Martin Creamer unpacks the need for local equipment manufacturing and the power supply constraints facing the country.
Local manufacturing, electricity supply make headlines Read More »
TSX-V-listed Golden Predator has installed a new all-season camp that can house 49 people on site at the Brewery Creek mine, which it is in the process of reopening.
The camp will be added to the current 24-persion camp and the maintenance and office …
Golden Predator sets up all-season camp at Brewery Creek Read More »
Menar’s R7bn coal project pipeline adds 5 600 jobs; Manganese marketing approach needs reviewing; And, Menar restates national-interest coal offer to Eskom
Shareholders of TSX-V-listed Nordic Gold have this week approved the change of the company’s name to Otso Gold.
CEO Brian Wesson explained that the name change reflected the company’s new direction.
Nordic shareholders approve Otso name change Read More »
Gold miner Iamgold has exercised its option to increase its interest in the Nelligan joint venture project, by a further 24% to now hold an aggregate undivided interest of 75% in the property south-west of Chibougamau, Quebec.
Under the terms of the o…
Iamgold exercises Nelligan gold project option Read More »
TSX-V-listed Pan Global Resources has increased its previously announced nonbrokered private placement, following strong investor support from Canada, the UK and Spain.
The company enlarged its private placement from 8 333 333 units to 14 375 000 unit…
Pan Global raises $1.7m for Spanish exploration work Read More »
Surface drilling at the Fosterville mine, in Australia, have confirmed mineralisation down-plunge of the existing mineral resource at Robbin’s Hill, while surface infill drilling into current resources continues to return high-grade results.
Two inter…
Drilling highlights potential for second mining operation at Fosterville Read More »
