Firestone Diamonds revises Liqhobong mine plan to yield better results

Aim-listed Firestone Diamonds, which sold 156 942 ct of diamonds recovered at its Liqhobong mine, in Lesotho, in the quarter ended December 31, has adopted a revised mine plan to increase cash flow... 

Lucapa’s Angola mine delivers its second 100-ct diamond for 2018

Australia-based miner Lucapa Diamond Company is starting the year off on a high note, announcing on Wednesday that it had recovered another 100-ct plus stone at its Lulo project, in Angola. The 116... 

Acacia completes sale of royalty over Burkina Faso mine

Embattled gold miner Acacia Mining has completed the sale of an existing 2% net smelter royalty over the Houndé mine, in Burkina Faso, for $45-million. The LSE-listed company in December said it... 

OZ takes advantage of higher copper price, lifts 2018 guidance

ASX-listed OZ Minerals has marked 2017 as a year of strong production and financial performance, with the miner reporting on Wednesday that it had achieved its copper production guidance for the... 

South32 boasts record manganese, aluminium production in December quarter

Triple-listed diversified miner South32 on Wednesday reported that, while it had achieved its guidance for all its operations during the three months to December 31, its South African manganese... 

November mining figures impress, but volatility seems to be on the cards

While the local November mining production statistics showed a relatively solid increase by 6.5% year-on-year, bolstered by platinum group metals (PGMs), iron-ore and coal, the longer-term... 

New indaba seeks to clear logistics, infrastructure challenges

The Cross-Border Mining Services Africa Indaba, which aims to bring senior-level professionals from mining companies, as well as mining contractors; engineering, procurement and construction... 

Alt Resources buys gold tenements from Latitude

ASX-listed Alt Resources has entered into a binding heads of agreement (HoA) with fellow-listed Latitude Consolidated to acquire a significant exploration tenement in the Mt Ida district, Western... 

Avanco takes option on Vale’s Pantera copper project

ASX-listed Avanco has agreed terms for an option to acquire 100% of the Pantera copper project from Brazilian major Vale, with a payment of $500 000 paid upon signing. Located near Avanco’s... 

Montezuma moves to scoping study as manganese test results exceed expectations

Test work carried out last year on the hydrometallurgical processing of ores from the ASX-listed Montezuma’s 100%-owned Butcherbird manganese project, in Western Australia, has triggered the... 

Australian LNG exports surge on strong Chinese demand

Australian liquefied natural gas (LNG) exports hit 56.8-million tonnes last year, jumping 26.3% from 44.9-million in 2016, owing to a watershed year of exports to China. Combined with higher oil... 

GMEL looking to simplify refining at Kvanefjeld rare earths project

A technical optimisation programme, currently being undertaken at the Kvanefjeld project, in Greenland, has identified significant improvements at the project, Greenland Minerals and Energy (GMEL)... 

Bernard Olivier appointed as Mustang MD

ASX-listed Mustang Resources has appointed' Dr Bernard Olivier to its board as MD, and has created a new position of COO, which is filled by Cobus van Wyk. Olivier has stepped into the position... 

Avocet defers sale of Burkina Faso operations at buyer’s request

Aim-listed Avocet has deferred the completion of the $5-million sale of its Resolute operations in Burkina Faso, to Ghana-based Balaji Group, to January 25. The struggling miner set the sale in... 

Monty copper/gold development on time, below budget

The Monty copper/gold deposit in Western Australia, which forms part of ASX-listed Talisman’s Springfield joint venture (JV) project with Sandfire Resources, has since the start of ground-breaking... 

Stavely signs earn-in, JV deal for copper tenement

ASX-listed Stavely Minerals has agreed terms for an earn-in and joint venture (JV) agreement with Black Range Metals – a wholly-owned subsidiary of ASX-listed Navarre Minerals for Black Range’s... 

Gold set to gain from retail, geopolitical risks, hedging

The gold price is expected to increase in the year ahead, driven by stronger interest from Asian retail investors and consistent interest in global gold exchange-traded funds, according to research... 

Protestor killed during community uprising at RBPlat’s North shaft

Royal Bafokeng Platinum (RBPlat) on Thursday said a person was killed after a group of more than 100 protestors – including former employees and unknown persons – attempted to gain unlawful access... 

Dell to recycle gold from e-waste for use in new motherboards, jewellery

Technology company Dell is piloting a project to recover gold from used electronics for use in new computer motherboards and jewellery. Dell has partnered with Wistron GreenTech, which uses an... 

Cora Gold to continue drilling at Mali projects

West Africa-focused gold exploration company Cora Gold has completed Stage 1 of its reconnaissance drilling programme at the company’s flagship Sanankoro gold discovery, in southern Mali. CEO Dr... 

Dragon updates mineral resources for Nordic mines

ASX-listed Dragon Mining has updated its mineral resources for its Nordic projects, returning a combined total mineral resource of 13.6-million tonnes, grading 3. 3 g/t gold for 1.43-million... 

Troy delivers highest production since March 2016 quarter

ASX-listed Troy Resources produced 6 224 oz of gold during December 2017, bringing the company’s quarterly production to 16 109 oz, Not only was this a 17% month-on-month increase, but it was also... 

Pantoro reports 44% y/y production increase

During the three months ended December, ASX-listed gold miner Pantoro produced a record 13 841 oz, compared with 13 282 oz in the previous quarter and 9 598 oz in the same period in the prior year.... 

Potash sampling confirms Carnegie potential

Brine analysis results for an initial auger sampling programme completed at the Carnegie Potash Project (CPP), owned by Kalium Lakes Limited (KLL) and BCI Minerals (BCI), through their Carnegie... 

Industry heavyweights praise State capture inquiry head appointment

South African business and industry on Wednesday lauded the appointment of Deputy Chief Justice Raymond Zondo to head the commission of inquiry into State capture. This followed President Jacob... 

BCI Minerals signs MoU with Sinosteel to develop Buckland

Australian iron-ore miner BCI Minerals has signed a non-binding memorandum of understanding (MoU) with Sinosteel Australia to support the development of BCI's 100%-owned Buckland project in the... 

SCA postpones silicosis class action hearing

The ongoing silicosis and tuberculosis class action litigation against South African gold miners has been postponed, following a request by representative attorneys to the registrar at the Supreme... 

Burkina Faso project acquisition opens multi-metal opportunity – Pegasus

ASX-listed Pegasus Metals on Wednesday announced that it would buy Scorpion Minerals, which holds the rights to acquire up to a 70% joint venture (JV) interest in the Dablo... 

Plymouth advances feasibility study at San Jose

After completing a successful $6.5-million capital raising in December, ASX-listed Plymouth Minerals has started the San Jose feasibility study, which it intends to complete during this year. To... 

Stellar finds ‘attractive’ bolt-on for Heemskirk tin project

Exploration and development company Stellar Resources has added to its portfolio of Tasmanian tin properties with the recent grant of an exploration licence at the Mount Razorback prospect. The... 

CMTI Group gears up to supply gold, platinum mines

Mining equipment and machinery supplier CMTI Group, which started operations at its Gauteng-based factory last year, aims to raise $20-million before the close of the first quarter of this year to... 

Talisman Mining expands NSW landholding

ASX-listed Talisman Mining on Tuesday said it would expand its landholding in the prospective Lachlan fold belt of New South Wales through a farm-in agreement with private company Bacchus Resources... 

St Barbara ups full-year guidance on solid half-year performance

ASX-listed gold miner St Barbara has updated its 2018 production guidance from between 350 000 oz and 375 000 oz, to between 365 000 oz and 385 000 oz following production of 197 768 oz in the... 

Ivanhoe’s DRC copper mines connected to grid as hydropower plant is upgraded

TSX-listed miner Ivanhoe Mines on Monday said its Kakula mine development site, 10 km south of Kamoa’s initial Kansoko mine site, in the Democratic Republic of Congo (DRC), started receiving power... 

DevEx seeks to raise project development funds

Exploration firm DevEx Resources on Monday announced a one-for-two non-renounceable rights issue to raise up to $2.84-million for its lithium and copper/gold projects. The company said it planned... 

Mustang secures A$19.95m from US investor for Mozambique mines

ASX-listed Mustang Resources has secured A$19.95-million in funding from US institutional investor Arena Investors and announced a rights issue to further advance its projects in Mozambique. Arena... 

Ramelius celebrates record production, exceeds guidance

ASX-listed Ramelius Resources has exceeded its fourth-quarter guidance range and produced a record 58 012 oz from its Western Australian operations. The Edna May mine delivered its first... 

TNG commissions EMC to assess alternative power for mine

Australian strategic metals company TNG has commissioned Energy Made Clean (EMC), a wholly-owned subsidiary of Carnegie Clean Energy, to assess alternative power options for its flagship Mount Peak... 

Greatland Gold identifies two gold anomoly clusters at Panorama

Aim-listed Greatland Gold on Thursday reported that an initial campaign of field mapping, stream sampling, soil sampling and rock chip sampling has highlighted the presence of several gold... 

Panthera starts trading on Aim market

Gold exploration and development company Panthera Resources, with key assets in India and West Africa, started trading ordinary shares on the LSE’s Aim market on Thursday. On admission, the company...