Exploration
MINING IN MOZAMBIQUE
Expansion of mining in Mozambique bringing benefits and concerns
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Mineral production in Mozambique should generate revenues of nearly 20.8-billion meticais (some $680-million, or R6.24-billion) during this year, a technical team from the International Monetary Fund (IMF) has forecast. Mozambique’s income from...
By: Keith Campbell
12th April 2013
LITHIUM
Sal de Vida DFS confirms project potential - Galaxy
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A definitive feasibility study (DFS) into lithium miner Galaxy Resources’ Sal de Vida project, in Argentina, has confirmed the potential for a low-cost, long-life mine.
Galaxy reported on Friday that the project would require a capital...
12th April 2013
DIAMONDS
Stornoway confirms high-quality diamonds at Quebec project
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Montreal-based Stornoway Diamonds on Thursday reported the valuation results of the recent Renard 65 bulk sample from its flagship Renard diamond project.
WWW International Diamond Consultants in Antwerp, Belgium, using their March price book,...
By: Henry Lazenby
11th April 2013
POTASH EXPLORATION
Prospective SOP producer on schedule to complete PFS by midyear
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TSX-V-listed EPM Mining Ventures on Thursday said a prefeasibility study (PFS) probing the potential to produce sulphate of potash (SOP) from its Sevier Playa project, in south-western Utah, was progressing apace, and was expected to be complete...
By: Henry Lazenby
11th April 2013
M&A
Competition authorities approve Time Mining acquisition – SGS
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The Competition Commission has approved Geneva-based inspection, verification, testing and certification company SGS’s acquisition of South African company Time Mining, SGS reported on Wednesday. In January, SGS CEO Chris Kirk said the...
10th April 2013
LITHIUM
Maiden reserve for Galaxy's Sal de Vida
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Lithium miner Galaxy Resources has delivered a maiden Joint Ore Reserves Committee- (Jorc-) compliant reserve of 1.1-million tons of lithium carbonate at its Sal de Vida project, in Argentina.
A potash reserve estimate of 4.2-million tons of...
10th April 2013
EXPLORATION
Fox and Pilbara sign JV agreement
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ASX-listed juniors Pilbara Minerals and Fox Resources have established a joint venture (JV) to explore Pilbara’s Western Australian tenements.
Following on a memorandum of understanding signed earlier this year, the two companies were now...
9th April 2013
M&A
Transition Metals and HTX Minerals ink definitive agreement
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Toronto-listed project developer Transition Metals and private Sudbury, Ontario-based firm HTX Minerals on Monday signed a definitive arrangement agreement to combine the businesses.
Under the agreement, the two companies would implement an...
By: Henry Lazenby
9th April 2013
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