Although TSX-listed Roxgold achieved record quarterly gold production of 41 162 oz in the fourth quarter last year, it was not enough to make it meet its guidance for the year.
The company produced 142 204 oz of gold, falling short of the low end of …
Roxgold falls short of guidance, forecasts lower 2020 output Read More »
Toronto-based base metals miner Ascendant Resources has announced “exceptional” results of its maiden preliminary economic assessment (PEA) for the Lagoa Salgada vulcanic massive sulphide project, located on the Iberian Pyrite Belt, in Portugal.
The …
Portugal base metals project is viable, Ascendant PEA confirms Read More »
TSX- and NYSE-listed Platinum Group Metals (PTM) achieved several business objectives in 2019, including the approval of a definitive feasibility study (DFS) for its 50%-owned Waterberg palladium project, in South Africa.
The company is awaiting the …
PTM awaits Waterberg mining right, welcomes higher palladium price Read More »
Toronto-based Largo Resources reported record quarterly production in the fourth quarter of 2019, which helped the company meet its guidance for the full year.
Output was 16% higher year-on-year, at 3 011 t in the fourth quarter, taking full-year out…
Largo Resources ups 2020 vanadium production guidance Read More »
Aim-listed Savannah Resources’ subsidiary, Matilda Minerals, has been granted a third mining licence over the Mutamba heavy mineral sands project area, in Mozambique. This licence covers 11 807 ha and is valid until September 2044, with a 25-year exten…
Savannah’s Moz subsidiary granted final mining licence over Mutamba prospect Read More »
Aim-listed Anglo Asian Mining is able to pay off its final instalment of its refinancing loan, effectively becoming debt free, after a strong net cash generation of $21.1-million last year.
The company managed to increase its net cash from $6.1-milli…
Debt-free Anglo Asian starts off 2020 ‘strong’ Read More »
Aim-listed battery materials developer Strategic Minerals says underlying sales volumes continued to improve during the December quarter, despite litigation against a major customer.
The company on Tuesday reported that sales revenue during the last …
Strategic Minerals ups quarterly sales, arbitrator to handle customer dispute Read More »
Aim-listed Hummingbird will release its production guidance for the year later this month, alongside an updated rolling mine plan that incorporates new openpit reserves.
CEO Dan Betts confirmed in a statement on Tuesday that the company was targeting…
Hummingbird targets zero debt by mid-2021 Read More »
TSX-listed Iamgold has been granted a mining permit for the Boto gold project, in Senegal.
The mining permit is valid for an initial 20-year period and positions the project for a development decision and eventual production.
Senegal grants Iamgold mining permit for Boto Read More »
Engineering company FLSmidth has appointed Mikko Keto as president of its mining unit within the company, effective July 2020.
He will succeed Manfred Schaffer, who is retiring.
FLSmidth appoints new mining president Read More »
