Archives: Mining project news

Nevada Copper’s board has made the decision to proceed to full construction at the Pumpkin Hollow project in Nevada, US, paving the way for its contractors to start working on the new underground mine. The construction sign off follows a recently completed C$108.5 million ($84 million) public offering of Nevada Copper common shares and pre-construction[…]

Sierra Metals Inc has filed a technical report prepared in accordance with NI 43-101 on the Bolivar mine. The report supports the disclosure made by the company in its news release dated July 9, 2018 entitled “Sierra Metals Announces Positive Preliminary Economic Assessment Results for a 67% Output Expansion at its Bolivar Mine in Mexico[…]

Graphex Mining Ltd has provided a submission to the Tanzanian Government with respect to the development of the Chilalo graphite project. In July 2017, the Tanzanian Government passed legislation that amended the legal and regulatory framework governing the resources industry and supporting regulations were published in January 2018 and July 2018. The Submission, which was[…]

Paydirt says it’s “the world’s largest Australian African business forum.” Africa Down Under (ADU) will be held in Perth next week as higher investor sentiment returns to the arena after a tough five years on equity markets for Australian explorers and miners involved in Africa’s minerals sector. Western Australia’s Mines and Petroleum Minister, the Hon.[…]

Sotkamo Silver is looking to become one of the few precious metal operators using X-ray Transmission (XRT) ore sorting technology at its project in Kainuu, central Finland. The project, which IM visited as part of the Finland Mine Safari for analysts and investors organised by Mining Finland this week, is expected to start production in[…]

A proposed new Northern Territory open-pit tungsten mine would deliver a net outcome of more than A$100 million over its seven year life and potentially could expand underground, a new economic study has found. The mine would generate more than A$500 million in revenue on known mining reserves and an IRR of 59% and deliver[…]

Keliber Oy has come in under the radar, proving up the most advanced lithium exploration project in Europe, according to CEO Pertti Lamberg. The project in the Central Ostrobothnian lithium province of Finland is now at the offtake and financing stage, having published a definitive feasibility study back in June. If all goes according to[…]

The International Tin Association (ITA) reports that Australian tin explorer and developer, Elementos Ltd has announced plans to acquire the Oropesa tin project in Spain, following the signing of a heads of agreement with the current owner, Eurotin. The Oropesa tin deposit is located in northwest Andalucia, 180 km northeast of Seville in southern Spain.[…]

Crusader Resources reports the following update on BFS metallurgical test work at its Borborema gold project. As part of the BFS the company is undertaking an ongoing technical and financial optimisation of the 2.0 Mt/y project. This optimisation work includes detailed metallurgical test work utilising samples originating from eight large diameter (PQ) diamond drill holes[…]

OceanaGold Corp reports an update on exploration activity at its Haile gold mine in South Carolina, USA. Selection of significant drill results within and/or adjacent to pit designs • 46.6 m @ 4.93 g/t between Ledbetter and Snake • 32.3 m @ 10.14 g/t at Mill Zone • 77.7 m @ 4.04 g/t at upper Ledbetter • 21.3 m[…]