The share price of mineral sands developer Sheffield Resources dropped by nearly 15% on Monday after the company announced a re-think at its Thunderbird project, in Western Australia.
Sheffield told shareholders that following a strategic business rev…
Sheffield rethinks Thunderbird plans 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 »
Mineral sands miner Base Resources has flagged higher output expectations from its Kwale mineral sands operation, in Kenya, for the full 2020.
The ASX-listed company on Monday announced that the guidance for rutile production for the full year has no…
Base increases output expectations Read More »
London-listed Kenmare Resources expects the production of all its finished products to be lower in the 2020 financial year than in the 2019 financial year, primarily owing to the wet concentrator plant (WCP) B at its Moma titanium minerals mine, in Moz…
Kenmare expects lower full-year finished products output Read More »
The stock London-listed Kenmare Resources traded lower on Tuesday, after it said in an announced that it would fail to meet its ilmenite production guidance of 900 000 t to 960 000 t this year.
The operator of the Moma titanium minerals mine, in north…
Kenmare to miss ilmenite production guidance Read More »
Mineral sands miner Iluka Resources on Tuesday announced an impairment charge of $290-million in the 2019 full year for the carrying value of the assets associated with its Sierra Rutile operation, in Sierra Leone.
Iluka has also announced a write-do…
Sierra Rutile not delivering for Iluka Read More »
The Emerging Africa Infrastructure Fund (EAIF) is lending $30-million to London-listed Kenmare Resources as part of the financing announced on Friday for the $145-million expansion at the Moma mine, in Mozambique.
Kenmare is repaying all previous loan…
EAIF supporting Kenmare’s Moma expansion Read More »
The Toliara mineral sands project, in Madagascar, is expected to generate annual revenues of $248.2-million, a definitive feasibility study (DFS) has found.
ASX- and Aim-listed Base Resources on Thursday stated that the DFS was based on a Stage 1 ope…
DFS proves Toliara a hit Read More »
Aim-listed Savannah Resources’ subsidiary Matilda Minerals has been granted a second mining licence over the Mutamba heavy mineral sands project area, in Mozambique.
This licence covers 16 126 ha and is valid until May 2044, with a 25-year extension …
Savannah’s Moz subsidiary granted second mining licence over Mutamba prospect Read More »
Aim-listed Savannah Resources’ subsidiary Matilda Minerals has been granted a mining licence for part of the Mutamba heavy mineral sands project, in Mozambique. This licence is the first of three contiguous concessions to be issued, which will result i…
Savannah’s Moz subsidiary granted first of three mining licences over Mutamba prospect Read More »
