Archives: Mineral exploration

It sets new potentially controversial targets for BEE ownership – but past deals recognised and stability clauses proposed. “Following the recently launched draft Mining Charter, a stability clause has also been proposed and this is exactly what our country needs right now, to allay investor fears and encourage much-needed investment in a struggling sector,” says[…]

Matsa Resources has executed a Memorandum of Understanding (MOU) with AngloGold Ashanti Australia Ltd (AGAA) which will greatly benefit Matsa’s gold mining and exploration activities throughout the extensive Lake Carey gold project which includes the Fortitude, Red Dog and Red October gold mines. Lake Carey is a salt lake located in the Goldfields-Esperance region of[…]

We will be closing the nominations for the International Mining Technology Hall of Fame in August. Do you wish to nominate someone who has contributed in an outstanding way to technology development in exploration or efficiency, safety, productivity, etc.in that discipline? Contact [email protected] about nominations. The chosen nominees will be inducted at the International Mining[…]

Capital Drilling Ltd, a leading drilling solutions company focused on the African markets, has announced an update on operations in West Africa as well as additional new contracts elsewhere on the continent. The company has made significant progress over the first half of 2018 in implementing its strategy of building a stronger presence in the[…]

In a presentation to investors and analysts today in Perth, Rio Tinto showcases its Pilbara operations, a worldclass, leading-edge, fully integrated system. The presenters discuss how Rio Tinto’s iron ore business will continue to deliver superior value by developing greater flexibility across its system of mines, rail and ports in Western Australia, capable of dynamically[…]

South32 Ltd has entered into an agreement to acquire the remaining 83% of issued and outstanding shares of Arizona Mining via a plan of arrangement, representing a fully funded, all cash offer of $1.3 billion. The offer price of C$6.20 per share represents a 50% premium to the closing price on 15 June and implies[…]

Havilah Resources Ltd has released a maiden Ore Reserve for Kalkaroo of 474,000 t of contained copper and 1.41 Moz of gold for the Kalkaroo copper-cobalt-gold project in the northeast of South Australia. This Ore Reserve was independently estimated by mining consultants, RPMGlobal, as part of the Kalkaroo preliminary PFS report prepared for Wanbao Mining[…]

Ramelius Resources Ltd has announced a major increase in the total Edna May and Greenfinch Mineral Resources and the Greenfinch Ore Reserve. Significant new drilling at Edna May was conducted in late 2017 and early 2018. • 12% increase in Edna May Mineral Resources to 794,000 oz Au • Includes high grade lode Mineral Resource[…]

Australian Mines Ltd (AUZ) remains committed to maximising revenue and value from its Sconi project in Queensland, Australia through the commercialisation of the high-purity scandium oxide which is scheduled to be produced alongside the project’s cobalt sulphate and nickel sulphate output. It has entered into a partnership with United Kingdom-based technology company Metalysis, to support[…]

Artemis Resources advises that drilling has commenced on ASD-1, the planned +3,300 m super-deep hole, designed to drill and test the many rock sequences in the Pilbara Basin from surface and deep into the basement’s geology. The planned depth of ASD-1 would make it the deepest diamond drill hole in Australia. Artemis plans to update[…]