TSX-V-listed Deep-South Resources has advised that its recently announced nonbrokered private placement is oversubscribed and that the company will therefore increase the offering to $2-million, up from $1-million.
The company will proceed with a fir…
Deep-South doubles private placement offering Read More »
The Prospectors & Developers Association of Canada (PDAC) has announced that its yearly convention will be held entirely virtual in 2021 for the first time in its 89-year history.
As the Covid-19 pandemic continues to affect travel and major gathe…
Yearly PDAC convention goes virtual Read More »
The value of diamond miner De Beers’ rough diamond sales, which include global sightholder sales and auctions, for the sixth and seventh sales cycles of this year, amounted to $116-million and $320-million, respectively. CEO Bruce Cleaver says diamond …
Diamond sales improve in line with eased Covid-19 restrictions globally – De Beers Read More »
Toronto-listed Northern Dynasty has hit back at Beijing-based short-seller J Capital Research’s (JCAP’s) report on the company, calling it “fatuous, flimsy and fundamentally self-serving”. "We have heard and responded to the same baseless claims in…
Northern Dynasty calls JCAP report ‘flimsy’ and ‘self-serving’ Read More »
Publically traded mining company First Majestic has announced that it will raise C$78-million through a bought deal finance investment by Canadian investor Eric Sprott.
The bought deal finance includes five-million common shares at C$15.60 a share.
T…
First Majestic to raise C$78m Read More »
The Stibinite gold project, in Idaho, has received a ‘permitting dashboard’ to improve coordination, transparency and accountability to projects under the National Environmental Policy Act (NEPA) permitting process.
The dashboard comes at the request …
Permitting dashboard to improve coordination for Stibnite Read More »
A definitive feasibility study (DFS) into the Orokolo Bay industrial sands project, in Papua New Guinea, has estimated that the project would require a capital investment of $20.48-million. Project owner Mayur Resources on Friday said that the DFS esti…
Mayur puts a price tag on Orokolo Bay Read More »
State-owned power utility Eskom says the conveyor belt that feeds coal into the Medupi generation units, which failed on the evening of September 9, has been repaired and is back in service. This has lowered the risk of load-shedding. However, while no…
Medupi conveyor belt repaired Read More »
ASX-listed Coronado Global Resources has completed the retail component of its 2-for-11 pro-rata accelerated entitlement offer, raising proceeds of some A$9.6-million.
The retail component of the entitlement offer formed part of a larger A$250-million…
Coronado completes retail raising Read More »
Mining has started at the Western Strandline mineral sands project, adjacent to the existing Tormin mining operations, in South Africa’s Western Cape.
ASX-listed Mineral Commodities on Friday reported that conventional openpit mining has commenced, ac…
Mineral Commodities starts mining at Western Strandline Read More »
