Base shares soar as Kwale gets equity exemption
PERTH (miningweekly.com) - Mineral sands developer Base Resources on Friday saw a 34% spike in its share prices after the company announced that its Kwale project, in Kenya, would be exempt from a ...
View ArticleAustralian cyclone cuts fifth of global iron ore trade
SYDNEY - A severe tropical cyclone off Australia's northwest coast that has shut ports handling a fifth of the world's globally traded iron ore and cut supplies of natural gas and oil ...
View ArticleState-backed diamond beneficiation firm to be liquidated
JOHANNESBURG (miningweekly.com) – Mineral beneficiation will only succeed in South Africa if it is supported by a pipeline of guaranteed raw materials and long-term funding that allows for ...
View ArticleMetals X reports higher output lower costs at tin mine
PERTH (miningweekly.com) - ASX-listed Metals X on Friday reported that operations at its Tasmanian tin project had improved significantly over the last quarter, with production levels higher and ...
View ArticleTullow sees busy start to 2013 drilling year
, Europe's biggest independent oil and gas company, expects a busy start to the year for drilling news as its only significant African producing field, the Jubilee field offshore Ghana, ramps up ...
View ArticleDrilling to begin at Tawana’s Mofe Creek
Tawana Resources (TAW) said on Friday it planned to commence drilling at the Mofe Creek project this month after it was granted a mineral exploration license by the Liberian authorities late last ...
View ArticleEIUG head calls for rethink on SA’s nuclear plan
The head of South Africa’s Energy Intensive User Group (EIUG), which represents Eskom’s largest mining and industrial customers, has called for a full review of the country’s future ...
View ArticleIFM furnaces operating at full load
JOHANNESBURG (minigweekly.com) - Integrated ferrochrome producer International Ferro Metals (IFM) on Friday said its two furnaces had resumed normal operations. The ferrochrome producer announced ...
View ArticleLiberia Big Oil Drilling Starts
African Petroleum says it has started drilling for oil offshore Liberia. The company said two Well Drilling Programme commenced in Block LB-09 in the Bee Eater-1 well offshore Liberia on January 4, ...
View ArticleRockwell Diamonds loses R41m in Q3
JOHANNESBURG (miningweeekly.com) – TSX- and JSE-listed alluvial diamond miner Rockwell suffered a net third-quarter loss of C$4.7 (R41,4-million) and a comprehensive loss of C$7.3-million ...
View ArticleMarathon Gold Intersects Near-Surface Gold Mineralization in the SW extension...
Jan. 11, 2013 /CNW/ - Marathon Gold Corporation ("Marathon" or the "Company") (TSX: MOZ) today announced encouraging results from the latest round of shallow exploration drilling ...
View ArticleU.S. sets $120M to regain what it lost in rare earth metals
Computerworld - There isn't a shortage of rare earth metals in the ground, but one country, China, has managed to dominate about 95% of the market. It not only mines the metals, but it ...
View ArticleWhite Tiger Announces 2012 Gold Production and Resignation of Chief Operating...
Jan. 11, 2013 /CNW/ - White Tiger Gold Ltd. ("White Tiger" or the "Company") (TSX: WTG) today announced final gold production for 2012 of 18,261 ...
View ArticleMonument Reports Record Second Quarter Gold Production of 15902 Ounces
Jan. 11, 2013 /CNW/ - Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) ("Monument" or the "Company") today announced its second quarter operating results for the three months ...
View ArticleGalileo confirms Zambia rare-earth project tenure
JOHANNESBURG (miningweekly.com) – London-listed Galileo Resources on Friday said it had completed due diligence at the Nkombwa Hill rare-earth project, in Zambia, after confirming tenure. ...
View ArticleZimplats agrees US$971M Zimbabwe indigenisation plan
Zimbabwe for US$971 million, bringing the company in line with the country's indigenisation plan.Zimplats will provide finance at a rate of 10%/y to the indigenous groups, which include ...
View ArticleLosses at Goldplat’s Kenya play ‘disappointing’ – Lamming
JOHANNESBURG (miningweekly.com) – JSE- and Aim-listed gold producer Goldplat delayed the plant expansion programme at its Kilimapesa gold mine, in Kenya, owing to what it called continued ...
View ArticlePilbara ports shut as tropical cyclone closes in
Rio Tinto spokesman Bruce Tobin told Mining Journal's sister publication, MiningNewsPremium.net, the company had halted shiploading operations after authorities closed Dampier and Cape Lambert ...
View ArticleTawana to start drilling at Liberia iron-ore project
JOHANNESBURG (miningweekly.com) – ASX- and JSE-listed Tawana Resources announced on Friday that it planned to start drilling at its Liberia-based Mofe Creek project this month, following the ...
View ArticleWeir secures deal with Boliden
Boliden and is a replacement for an existing facility - an upgrade that will double capacity from 1.3Mt/y to 2.5Mt/y of metal ores. Garpenberg is Sweden's oldest mine and is still producing ...
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