Archives: Mineral exploration

Gold Fields Ltd  has completed the joint venture transaction with Asanko Gold, with Gold Fields acquiring a 50% stake in Asanko’s 90% interest in the Asanko gold mine in Ghana. Gold Fields is expected to equity account its share in the JV, with attributable production and costs incorporated into the group numbers from completion. Asanko’s[…]

Paladin Energy Ltd has announced the execution of a Bid Implementation Agreement (BIA) under which it is proposed that Paladin will acquire all of the issued shares of Summit Resources Ltd that it does not presently own, on a scrip for scrip basis by way of a recommended off-market conditional takeover offer. Paladin is a[…]

New data collected from the Geological Survey of South Australia (GSSA) and the Commonwealth Scientific and Industrial Research Organisation (CSIRO) is set to open up undercover exploration in the Gawler Craton. The Gawler Craton Airborne Survey has been designed to capture approximately 1.8 million line kilometres of new magnetic, radiometric and digital elevation geophysical data[…]

These are busy times for India’s state-owned iron ore miner NMDC. In the Chitoor district of Andhra Pradesh the company bid against other major miners such as Vedanta, Adani, Ramgadh and Rungta for a mining licence area of 263.01 ha in the Chigargunta-Bisanatham gold block which NMDC Joint General Manager for Mechanical Engineering GSSV Suresh[…]

South Australia is on the verge of achieving two key milestones in which the old Leigh Creek coalfield will be used to deliver a fresh source of gas and energy products into the national power grid. Addressing the second day today of the two day Paydirt 2018 South Australian Resources and Energy Investment Conference in[…]

Proponents of a new A$480 million copper mine on South Australia’s Yorke Peninsula are evaluating financing options in regard to project funding and/or offtake agreements from a number of interests, including Chinese. Addressing the second day today of the two day Paydirt 2018 South Australian Resources and Energy Investment Conference in Adelaide, Rex Minerals Ltd’s[…]

SGS has opened up a new sample preparation facility in Val-d’Or, Quebec, seeking to serve the growing needs of minerals exploration companies in the province. This is the second Canada office opening for the company in a month having set up a sample prep lab in Whitehorse, Yukon, earlier in July. The facility is equipped[…]

Gold Road Resources Ltd and Gruyere Mining Co Pty Ltd, a member of the Gold Fields Ltd group, report the independent third party review of the Definitive Estimate (DE) for the Gruyere gold project including the Final Forecast Capital (FFC) cost estimate has now been completed. The joint venture partners also provide an update on[…]

A visit to tin operations in the Inner Mongolia region of China by ITA staff at the end of May 2018 has revealed that mine production in the province may reach 17,400 t/y in the next five years, up from 6,500 t in 2017. Inner Mongolia is currently the fourth-largest tin mining province of China,[…]

Developers of one of the world’s largest graphite deposits say the project does not face the high up-front minimum capital raisings of $100 million-plus typical for getting new industrial mines off the ground but can be into profitable production sooner and at much lower cost. Addressing the first day today of the two day Paydirt[…]