Archives: Mining project news

Guyana Goldfields Inc has commenced underground development at the Aurora mine completing the first blast on the Mad Kiss portal. Guyana Goldfields is Canadian-based, focused on the exploration, development and operation of gold deposits in Guyana. Its primary operation is the 100%-owned Aurora gold mine which reached commercial production January 2016. The contractor will complete[…]

Kasbah Resources has appointed Ausenco Services Pty Ltd to undertake Front End Engineering Design (FEED) work for its Achmmach Tin Project in Morocco. Kasbah released a highly positive new and updated Definitive Feasibility Study (DFS) for the Achmmach Project in July 2018, which confirmed Achmmach as a world class development-ready tin project. The company is[…]

MC Mining Ltd, operating in South Africa, is pleased to announce that its 70% owned Uitkomst Colliery has secured a ZAR20 million (approximately $1.4 million) facility from ABSA Bank, a major South African financial services provider. Uitkomst transitioned to an owner-operated mine in August 2018 with the acquisition of the independent underground mining contractor’s business[…]

TNG has signed up SMS Group to carry out the front-end engineering and design (FEED) phase of its Mount Peake vanadium-titanium-iron project in the Northern Territory of Australia. The mandate for the contract encompasses the Mount Peake concentrator, the TIVAN® processing plant and all associated plant and equipment. The two companies have been working together[…]

America’s National Mining Association (NMA) and the Society for Mining, Metallurgy & Exploration have issued a joint statement on the Securities and Exchange Commission’s (SEC) announcement that it has voted to adopt amendments to modernise the property disclosure requirements for mining registrants, and related guidance, under the Securities Act of 1933 and the Securities Exchange Act[…]

Alderon Iron Ore Corp has filed its NI 43-101 Technical Report entitled “Updated Feasibility Study of the Kamistiatusset (Kami) Iron Ore Property, Labrador”, effective September 26, 2018 on SEDAR. The updated FS is an update to the feasibility study on the Kami Iron Ore Project that was issued on January 16, 2013. The study was[…]

Teranga Gold Corp has filed an updated NI 43-101 – Standards of Disclosure for Mineral Projects Technical Report for its Wahgnion gold operations in Burkina Faso. The report was prepared by Teranga and supports the mineral reserve estimates and mine plan previously announced on September 24, 2018. “Since our acquisition of Wahgnion just over two[…]

DRDGOLD Ltd believes the commercial success of its new Far West Gold Recoveries project may lift the company’s profile in the investment domain, positioning it for growth and evolving its share into a ‘growth’ stock. In its integrated annual report for the year ended 30 June 2018 released today, CEO Niël Pretorius says: “The improved[…]

This report will be released in Q1 2019.Vanadium pentoxide prices averaged $24/lb in October, while European ferrovanadium prices reached over $118/kg V. Prices for the month averaged around $114/kg V. Prices are now at 13-year highs. In 2005, nominal prices reached over $120/kg ($155/kg in real terms). Roskill’s new report will contain detailed analysis of[…]

Shefa Yamim, a precious stone exploration company in Northern Israel, has raised some £250,000 cash (before expenses) through the subscription by new and existing investors (the “Subscription”) of 312,500 new ordinary shares. The net proceeds of the Subscription will be used by Shefa Yamim to advance its project in Zone 1 of the Kishon Mid-Reach[…]