Exploration
EXPLORATION
Carpentaria signs JV with Pure Metals
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ASX-listed junior Carpentaria Exploration has signed a new joint venture (JV) agreement with Pure Metals over its Hawsons iron project, in New South Wales.
The Hawsons project has an inferred magnetite resource of some 1.4-billion tons, grading...
6th May 2013
EXPLORATION
Walkabout digs deep into African projects
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Junior explorer Walkabout Resources was hoping to complete a prefeasibility study on its seven-billion ton Takatokwane thermal coal project, in Botswana, by the fourth quarter of this year.
Walkabout MD Allan Mulligan told Mining Weekly Online...
3rd May 2013
COPPER
Aditya Birla increases copper resources
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India’s Aditya Birla Minerals has increased the mineral resource of its copper operations by some 38%, to a total of 248.4-million tons, grading 1.34% copper, for 3.32-million tons of contained copper.
At its Nifty project, Aditya Birla...
3rd May 2013
EXPLORATION
BC Iron, Cleveland Mining to acquire interest in Brazil iron-ore projects
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Junior iron-ore miner BC Iron and fellow listed Cleveland Mining have signed two memoranda of understanding (MoUs) to acquire up to 80% shareholding over three separate iron-ore projects in Brazil.
The two ASX-listed companies formed a strategic...
3rd May 2013
EXPLORATION
Gold discoveries down 45% as shortage of exploration funding takes toll
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The declining rate of new gold discoveries and grades worldwide has accelerated in the last four years, with a significant decrease in the rate of drilling. This is as a result of explorers suffering from a severe shortage of financing, says...
By: Samantha Moolman
3rd May 2013
URANIUM
Engineering study improves metrics of combined Namibia projects
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Uranium-project developer Forsys Metals has completed an engineering cost study on its proposed Valencia process plant to be located at the company’s Norasa uranium project, in Namibia, which had improved a number of the project’s metrics....
By: Henry Lazenby
2nd May 2013
DIAMONDS
Botswana Diamonds granted exclusivity period extension
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Aim-listed Botswana Diamonds has been granted an extension to an agreement, signed in February, providing it with a three-month exclusivity period to review data on 13 licence blocks in the Gope region, in the southwest of the Orapa region of...
By: Chanel de Bruyn
2nd May 2013
EXPLORATION
More resource for Darling Range
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ASX-listed Bauxite Resources has increased the resource at its Darling Range project’s Felicitas deposit, in Western Australia, by some 74% to 127.5-million tons.
The resource estimate included a measured resource of 33.1-million tons.
2nd May 2013
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