Archives: Mining project news

Danakali Ltd on behalf of Colluli Mining Share Company (CMSC) announces that a binding take-or-pay offtake agreement has been reached with EuroChem Trading GmbH for up to 100% of Module I Sulphate of Potash (SOP) production from the Colluli Potash Project. The Project, located in Eritrea, East Africa, is 100% owned by CMSC, a 50:50[…]

KAZ Minerals PLC announces an agreement to invest $70 million into the group’s Koksay project by China Nonferrous Metal Industry’s Foreign Engineering and Construction Company Ltd (NFC). Following the $70 million investment, which is subject to certain conditions precedent including regulatory approvals in Kazakhstan and China, NFC will hold a 19.4% stake in the Koksay[…]

Polyus has presented its update on the development progress at Sukhoi Log. It has recently completed the scoping study and verification drilling programme. The scoping study has outlined key directions of further geological, engineering and infrastructure development. With the scoping study completed, Sukhoi Log is now entering the pre-feasibility stage. Pavel Grachev, Chief Executive Officer[…]

IAMGOLD has announced positive results from a PFS for its Essakane Heap Leach Project in Burkina Faso, West Africa. The results, which outline an economically viable project, justify the commencement of a Feasibility Study (“FS”) to further optimise the project development design, secure long lead equipment and improve project economics. PFS highlights include: Probable Reserves[…]

Nevsun Resources reports that a ground breaking ceremony took place yesterday at the Timok Upper Zone (Cukaru Peki) project in Bor, Serbia, commemorating the start of construction of the exploration decline. The ceremony was attended by a number of Serbian and international dignitaries including the Prime Minister of the Republic of Serbia, Ana Brnabić; the[…]

Harmony Gold Mining Co reports encouraging exploration results at its 100% owned, South African Kalgold open pit operation in the North West Province, approximately 55 km southwest of Mahikeng. “Our exploration strategy targets highly prospective, underexplored terrains and mining districts to discover and develop gold deposits. The results from the exploration drilling at Kalgold –[…]

Conico Ltd has awarded contracts have been for the PFS for the Mt Thirsty cobalt nickel oxide project. The Project is a 50/50 Joint Venture (JV) with partner Barra Resources Ltd. The Mt Thirsty project is located 16 km northwest of Norseman in the stable and ethical Western Australian mining jurisdiction. Mt Thirsty hosts a[…]

At Star Diamond Corporation’s Star-Orion South Diamond Project, located in the Fort à la Corne forest of Saskatchewan, Canada, mining is to be carried out using conventional open pit methods. The Orion South kimberlite will be mined first, followed by the Star kimberlite. However, in the Technical Report filed recently with the PEA and prepared[…]

Star Diamond Corporation recently announce that Rio Tinto Exploration Canada (RTEC), and Consulmet (Pty) Ltd have finalised contractual arrangements for the manufacture and supply of a 30 t/h bulk sample plant. This bulk sample plant will be used to process the kimberlite recovered by the next phase of large diameter, bulk sample drilling on the[…]

Roskill reports that ASX-listed Rift Valley Resources is targeting the Longonjo carbonatite in Angola for rare earth exploration, after publishing a maiden monazite (80%) and bastnaesite (20%) rare earth Inferred Resource in September 2017. The combined Inferred Resource is 44.7 Mt at 2.5% total rare-earth oxides (TREO), including a “from-surface” resource of 11.6 Mt at[…]