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Exploration
 
EXPLORATION

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

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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 Restricted

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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 Restricted

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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 Restricted

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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 Restricted

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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 Restricted

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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
 
 
Exploration

Base metals explorer to increase Tanzania nickel deposit Restricted

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MINING OPERATION
IMX Resources aims to increase nickel sulphide deposit at Ntaka Hill 
Base metals exploration company IMX Resources is aiming to increase the current nickel sulphide deposit and establish a world-class nickel project at its Ntaka Hill nickel sulphide project, in south-east Tanzania, through the ongoing Nachingwea...
15th August 2014
 
 
Exploration

Base metals to see growth in Africa Restricted

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PROSPECTING
Africa promises to yield increased amounts of base metals   
Africa, and Southern Africa is particular, is contributing significantly to the increase in global copper supply, says mining consultancy The MSA Group GM Dr Ian Haddon tells Mining Weekly that, in addition to copper, mining projects in Africa...
15th August 2014
 
 
 
 
 
 
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