Gold miner Resolute Mining has identified new oxide mineralisation at satellite deposits at its Syama gold mine, in Mali.
The company on Thursday said that exploration at Syama North had demonstrated potential for a return to oxide mining at areas nea…
Resolute finds more oxide ore at Syama Read More »
Takeover target Alto Metals on Thursday confirmed that it was in talks with privately held Adaman Resources around the potential divestment of its Sandstone project, but denied that it had received a competing takeover offer from the company.
Alto wa…
Alto denies counter offer from new shareholder Read More »
Diamond miner Lucapa on Thursday said that it was reviewing various funding scenarios and financing restructuring possibilities amid the global pandemic.
A care-and-maintenance and security programme is being implemented at its Mothae operation, in Le…
Lucapa cuts costs and looks at restarting ops Read More »
ASX-listed Titan Minerals has announced that its 91%-held subsidiary Core Gold would indefinitely suspend all of its production operations and commercial activities in Ecuador, owing to a force majeure resulting from the Covid-19 pandemic.
The Canadia…
Force majeure forces Core Gold’s hand in Ecuador Read More »
A scoping study into the Elan hard coking coal project, in Alberta Canada, has demonstrated the project’s economics for ASX-listed Atrum Coal.
The scoping study considered to development options for the Elan project, namely a 10-million tonne a year…
Atrum’s Canada project scoping proves a winner Read More »
Coal miner Whitehaven Coal on Thursday said that it would not be making a final investment decision on any of its growth projects, including the A$700-million Vickery extension project, during 2020.
The miner told shareholders that studies continued t…
Whitehaven taking no expansion decisions in 2020 Read More »
Oil and gas major Santo has inked a letter of intent (LOI) to divest of a 12.5% interest in its Barossa project, in Northern Australia to project partner JERA.
The Barossa gas field sits within Santos’ Northern Australia portfolio, one of the company…
Santos to sell a stake in Barossa Read More »
Lower realised prices and impacts related to the Covid-19 pandemic has seen oil and gas major Woodside report a significant fall in revenue during the three months to March.
While production was up by 12% on the previous corresponding period, to 24.2-…
Lower prices cut into Woodside profits Read More »
Junior Blackstone Minerals has exercised its option to acquire a 90% interest in the Ta Khoa nickel/platinum group metals project, in Northern Vietnam.
The company in May last year inked an option agreement with owner AMR Nickel to acquire a 90% stake…
Blackstone exercises option in Vietnam Read More »
ASX-listed Medusa Mining has resumed operations at the Co-O gold mine, in the Philippines.
Operations were temporarily suspended last week after the province in which the Co-O mine is located was placed under Enhanced Community Quarantine following a…
Medusa restarts Co-O Read More »
