Metals miner Kingsrose Mining on Monday announced that its Way Linggo gold/silver project, in Indonesia, has now been connected to the main power grid, which will result in a significant cost reduction for the miner.
The power will be supplied at a go…
Way Linggo joins the grid Read More »
Mining stalwart David Flannagan has been appointed to the board of ASX-listed Magmatic Resources as an independent non-executive director.
The company on Monday said that Flanagan’s experience in exploration and development of mines would greatly enh…
Flanagan joins Magmatic board Read More »
Uranium hopeful Vimy Resources has launched a share purchase plan (SPP) aimed at raising A$3.9-million to strengthen its balance sheet and bolster working capital.
The company last week announced that it had completed a A$3.9-million capital raise, an…
Vimy launches SPP to raise more cash Read More »
The Brazilian joint venture (JV) between majors BHP and Vale, Samarco, has been given all the necessary environmental licenses to restart its operations in the state of Minas Gerais.
The Samarco operations were suspended in November 2015 after the co…
Samarco plans restart in 2020 Read More »
Gold miner Resolute Mining on Friday announced that the sulphide roaster at its Syama gold mine, in Mali, would likely be repaired within the next six weeks, with the miner maintaining its full year guidance for the 2019 financial year.
The roaster,…
Resolute sticks to guidance as roaster is repaired Read More »
An independent re-optimisation study on the Sandstone gold project, in Western Australia, has proven that the plant could be profitably refurbished using feed from ASX-listed Middle Island’s existing mineral resource.
The study used a range of contemp…
New study gives hope to Sandstone Read More »
Mining major Rio Tinto has started the commissioning of filter press technology at its Vaudreuil alumina refinery, in Quebec, six weeks ahead of schedule and under the C$250-million budget.
The new filter presses will deliver environmental benefits by…
Rio launches new technology at Quebec refinery Read More »
ASX-listed Karoon Gas has partially completed it’s a$284-million capital raise, with both the institutional placement and the non-renounceable entitlement offer closing significantly oversubscribed.
The institutional component of the placement raised …
Karoon raises initial A$175m Read More »
Copper developer Orion Minerals has increased its capital raise from A$5.5-million to A$6.4-million after receiving additional commitments from sophisticated and professional investors.
The ASX-listed company earlier this week announced the capital r…
Orion Minerals enlarges capital raise target Read More »
Gold developer Focus Minerals has reported a maiden Joint Ore Reserves Committee-compliant resource for its Beasley Creek deposit, which forms part of the proposed production pipeline for the Stage 1 Laverton gold project, in Western Australia. Beasley…
Focus reports Beasley Creek resource Read More »
