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Carnaby shakes the tin for exploration work

CAPITAL RAISE / Esmarie Iannucci

Junior Carnaby Resources will raise A$4-million through a share placement and share purchase plan (SPP) to fund exploration work in Western Australia and Queensland.

The bookbuild for a A$3-million share placement has been completed, with Carnaby expe…

Carnaby shakes the tin for exploration work Read More »

Petra starts investigation into alleged human rights issues at Williamson

DIAMONDS / Marleny Arnoldi

UK-based law firm Leigh Day has filed claims in the High Court of England and Wales against London-listed Petra Diamonds and Williamson Diamonds, on behalf of 32 anonymous individuals over alleged human rights breaches at the Williamson mine, in Tanzan…

Petra starts investigation into alleged human rights issues at Williamson Read More »

Lithium Australia raises cash

CAPITAL RAISE / Esmarie Iannucci

ASX-listed Lithium Australia has raised A$4.5-million through a share purchase plan (SPP).

The SPP, which opened in August, was undertaken in addition to a A$4-million share placement to institutional and sophisticated investors, and allowed existing…

Lithium Australia raises cash Read More »

Yamana expects London listing before next month’s Q3 results

Uncategorized / Mariaan Webb

Canada-based Yamana Gold expects to begin trading on the main market of the LSE before the release of its third-quarter results next month and says it is making good progress with exploration.

In an update on Tuesday, the company listed its planned Lo…

Yamana expects London listing before next month’s Q3 results Read More »

Mali Lithium raises A$70m for Morila acquisition

CORPORATE ACTIVITY / Esmarie Iannucci

ASX-listed Mali Lithium on Wednesday announced plans to raise A$70-million to fund the acquisition of acquire the Morila gold mine from majors Barrick and AngloGold Ashanti.

The capital raise will consist of a A$64-million share placement, with an add…

Mali Lithium raises A$70m for Morila acquisition Read More »

Mali Lithium raises cash for Morila gold mine buy

CORPORATE ACTIVITY / Esmarie Iannucci

ASX-listed Mali Lithium on Wednesday announced plans to raise A$70-million to fund the acquisition of acquire the Morila gold mine from majors Barrick and AngloGold Ashanti.

The capital raise will consist of a A$64-million share placement, with an add…

Mali Lithium raises cash for Morila gold mine buy Read More »

Mayur plans metals spin-out on TSX-V

CORPORATE ACTIVITY / Esmarie Iannucci

ASX-listed Mayur Resources on Wednesday announced plans to spin out and list its Papua New Guinea (PNG) gold and copper assets into a TSX-V-listed entity. The spin-out and listing is expected to be completed by the end of the year, with the newly liste…

Mayur plans metals spin-out on TSX-V Read More »

Zimbabwe bans mining in wildlife parks

COAL/CONSERVATION / Reuters

Zimbabwe’s government has banned mining in game reserves following concerns from conservationists who accused two Chinese companies of exploring for coal in the biggest national park, Hwange. Hwange, in western Zimbabwe, is home to the country’s bigges…

Zimbabwe bans mining in wildlife parks Read More »

Britain blocks plans for new coal mine in northeast England

Coal / Reuters

The British government has refused to allow a new open cast coal mine to be built in northeastern England, the Minister for Housing, Communities and Local Government Robert Jenrick said.

Northumberland County Council agreed in 2016 that developer The …

Britain blocks plans for new coal mine in northeast England Read More »

Fort Hills partners to restart second train

Oil Sands / Mariaan Webb

The Fort Hills oil sands mine, in northern Alberta, will restart the second primary extraction train, ramping up production to about 120 000 bbl/d by the end of the year, majority owner Suncor Energy announced on Tuesday.

The second train at the Fort …

Fort Hills partners to restart second train Read More »

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Recent Posts

  • Tesla and Giga Metals reported talks sends stock soaring
  • President Regan and peaceful protestors
  • Really great article from Jon Rappaport
  • To Coved or not To Coved
  • Life After Capitalism
  • The biggest puzzle regarding gold’s rise
  • MINING PEOPLE: Eldorado, Fission Uranium, Norseman Capital, Oroford, Trevali
  • Webinar: Porphyry deposits of the northwestern cordillera of North America
  • Argonaut Gold sells Ana Paula project in Mexico
  • SPY Expectations For The Rest of September
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