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Exploration
 
EXPLORATION

Ark gets go-ahead for drilling

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ASX-listed junior Ark Mines has been granted approval from the Northern Territory’s Department of Mines and Energy to start mining activities at its Golden Honcho gold project. Ark told shareholders on Tuesday that the company intended to start...
19th August 2014
 
 
EXPLORATION

Technical report confirms exploration upside at Newstrike’s Ejutla project

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Mexico-focused explorer Newstrike Capital on Monday said it had completed an independent technical report on its Ejutla property, in Oaxaca state, Mexico, which confirmed three significant mineralised structural corridors, each host to extensive...
19th August 2014
 
 
EXPLORATION

Nevsun ‘excited’ about continued drilling success at Harena, Eritrea

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Bisha, Eritrea TSX- and NYSE MKT-listed Nevsun Resources, which is focused on extracting copper from its 60%-owned high-grade Bisha copper mine, in Eritrea, on Monday said it was “excited” about continued positive drilling results at the Harena deposit,...
18th August 2014
 
 
CORPORATE ACTIVITY

Bellzone secures $4m loan

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London-listed Bellzone Mining has secured short-term finance of up to $4-million from China Sonangol. Bellzone planned to initially draw down $750 000, which would provide working capital to continue operations until late August 2014, with the...
18th August 2014
 
 
EXPLORATION

Audalia eyes PFS at Medcalf

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Junior Audalia Resources is preparing to start work on a prefeasibility study (PFS) at its Medcalf vanadium project, in Western Australia, following a significant upgrade at the deposit. The ASX-listed Audalia said on Monday that about 72% of the...
18th August 2014
 
 
EXPLORATION

Azure signs exploration JV with Rio subsidiary

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Mexico-focused explorer Azure Minerals has signed a farm-in agreement with Rio Tinto subsidiary Kennecott Exploration, which could potentially be worth an estimated $95-million. Under the terms of the agreement, Kennecott has committed to...
18th August 2014
 
 
CORPORATE ACTIVITY

Giyani Gold diversifies into oil services sector, coal

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Southern Africa-focused explorer Giyani Gold on Friday said it had struck an all-scrip deal to acquire a fully permitted crude oil storage and dry bulk cargo port development in Turkey, known as the Ceyhan project. The TSX-V- and JSE-listed firm...
15th August 2014
 
 
Exploration

Australian company invests $1.1m in Zambian copper mine

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DRILL RIG
Exploration work started at Lumwana West in May
Australia-based mineral exploration and development company Argonaut has increased its ownership of the Lumwana Copper Concentrate Project (Lumwana West), in Zambia, from 51% to 90% through a final payment of $1.1-million to the project vendors....
15th August 2014
 
 
 
 
 
 
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