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Exploration
 
CAPITAL RAISING

Thundelarra raises cash for exploration Restricted

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Minerals explorer Thundelarra would raise some A$7.5-million through a share placement to institutional, professional and sophisticated investors, the ASX-listed junior said on Thursday. The company would issue more than 39.4-million shares, at...
24th July 2014
 
 
HITECH MINING

Resources Watch Video Available Restricted

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Aviation high technology is flying into the South African mining space. South African Institute of Mining and Metallurgy says the mining industry needs a quantum change. And, the State considers Eskom’s ‘comprehensive sustainability plan’.
24th July 2014
 
 
EXPLORATION

Transition Metals and Nunavut Resources add prospective land to portfolio Restricted

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Canadian project generator Transition Metals on Wednesday announced that 433 km2 of high potential gold and base metal exploration properties had been acquired in Nunavut through its strategic alliance partnership with Nunavut Resources...
23rd July 2014
 
 
EXPLORATION

IMX shares tumble as Tanzania exploration results disappoint Restricted

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The share price of ASX-listed IMX Resources dropped by more than 30% on Wednesday after joint venture (JV) partner MMG Exploration failed to triple the resource estimate at the Ntaka Hill nickel sulphide project, in Tanzania. IMX has told...
23rd July 2014
 
 
NEW AIM LISTING

In taking up its Aim listing Friday, Bacanora is ready to take on majors Restricted

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Mexico-focused project-developing junior Bacanora Minerals will on Friday take up its new listing on London’s Aim, creating a more direct line to the bulk of the company’s investors. Speaking to Mining Weekly Online on Tuesday, the...
22nd July 2014
 
 
PALLADIUM

PTM appoints DRA Mineral Projects as ‘qualified person’ for Waterberg PFS Restricted

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TSX- and NYSE-listed Platinum Group Metals (PTM) on Tuesday awarded the ‘independent qualified person’ role for the ongoing Waterberg prefeasibility study to South Africa-based global engineering firm DRA Mineral Projects. “We are very...
22nd July 2014
 
 
IRON-ORE

Kumba revenue up on rand weakness, dividend maintained Restricted

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The operational profit of JSE-listed Kumba Iron Ore fell 14% in the six months to June 30 on lower exports and the cost of increased mining activities. But revenue was up mainly on currency weakness and Kumba maintained its interim cash dividend...
22nd July 2014
 
 
PEOPLE

Ivanhoe Mines mourns passing of director Restricted

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TSX-listed Ivanhoe on Monday reported that a member of its board, Dr Rilwanu Lukman, had passed away. “We are deeply saddened to hear of the loss of Lukman, who was respected as one of Africa's most accomplished and internationally recognised...
21st July 2014
 
 
 
 
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New entrant Keaton plans 2 mt/y coal output in... Video
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Refocused DRDGold a 'whole new... Audio
Outgoing Mintek chief Jourdan sees... Audio