An updated definitive feasibility study (DFS) on the Mulga Rock uranium project, in Western Australia, has improved the project economics.
ASX-listed Vimy Resources said that the projected net present value has increased by 14% on the original DFS, to…
Economics improved at Mulga Rock Read More »
ASX, Aim and JSE-listed Kore Potash on Wednesday announced a $7-million capital raise to fund the first phase of a definitive feasibility study (DFS) for its Dougou extension sylvenite project, in the Republic of Congo.
The placement is being conduct…
Kore raises A$7m for DFS Read More »
A scoping study in the Cabinda phosphate project, in Angola, has estimated that the project could cost between $27.9-million and $22.4-million to develop.
ASX-listed Minbos Resources noted that the scoping study is based on an initial nameplate capaci…
Minbos scoping proves true for Cabinda Read More »
Junior Astro Resources will raise some A$2.7-million to fund various exploration ventures and working capital.
The company will place 190.8-million shares, at a price of 0.35c each, under the first tranche of the placement to sophisticated investors.
Astro shakes the tin Read More »
Rare earths developer Hastings Technology Metals will raise A$14.6-million in a share placement to advance its Yangibana project, in Western Australia.
The company on Wednesday said it would issue some 117-million new shares to institutional, sophisti…
Hastings raises cash for Yangibana Read More »
Toronto-listed Trevali Mining has announced the outcomes of a prefeasibility study (PFS) for the expansion of its Rosh Pinah mine, in Namibia, putting a price tag of $93-million on the RP2.0 expansion project.
The study contemplates expanding the thro…
Trevali unveils Rosh Pinah expansion study results Read More »
Diversified miner Vale is making further progress in its strategy of replacing fossil fuels, with the announcement this week that it is installing Brazil’s largest battery energy storage system (BESS) at a port in Rio de Janeiro to supply electrical de…
Miner installs Brazil’s largest battery storage system at Rio de Janeiro port Read More »
Zimbabwe’s second-largest diamond miner sees demand picking up, after the coronavirus pandemic forced RioZim to halt sales in March amid slumping gem prices. With jewelry stores closed, cutters and polishers stuck at home and global travel at a standst…
Zimbabwe diamond miner expects demand bounce after virus turmoil Read More »
Coal miner Whitehaven Coal has reported a 95% fall in net profit after tax for the full year ended June, as thermal coal prices softened and labour shortages impacted production.
Underlying net profit after tax for the full year reached A$30-million, …
Tough year at Australian coal miner Whitehaven Read More »
Coal miner Whitehaven Coal has reported a 95% fall in net profits after tax for the full year ended June, as thermal coal prices softened and labour shortages impacted production.
Underlying net profit after tax for the full year reached A$30-million …
Tough year at Whitehaven Read More »
