Sumatra improves Tembang economics and output

The definitive feasibility study (DFS) on Stage 1 of the Tembang project, Indonesia, has reduced the project’s capital cost and improved its economic and production capacity, owner Sumatra Copper & Gold said on Friday. In a statement to the...

Blackthorn raise A$40m for Burkina Faso studies

Base and precious metals developer Blackthorn Resources would undertake a A$40.1-million capital raising to fund resource definition and feasibility studies at its Kitumba project. The company said on Tuesday that it would undertake a two-for-17...

Blackthorn upgrades Mumbwa resource

Base and precious metals developer Blackthorn Resources has reported a 160% in contained copper for its Kitumba deposit, which forms part of its Mumbwa project, in Zambia. The mineral resource at Kitumba has now increased to 187-million tons, at...

Illegal miners set Intrepid camp, equipment on fire in Indonesia

A group of illegal miners has set Intrepid Mines’ camp and equipment on fire on the eastern border of its flagship Tujuh Bukit project, in Indonesia, the precious metals developer reported on Wednesday. The ASX- and TSX-listed company said that...

Finders could open new Indonesian copper mine in 2013

Base and precious metals developer Finders Resources on Monday reported that a recently completed bankable feasibility study (BFS) into its Wetar copper project, in Indonesia, confirmed the project’s robust economic viability. Based on the BFS,...

Mutiny could to start production at WA project in late 2012

ASX-listed Mutiny Gold said on Tuesday that a scoping study at its Deflector deposit, in Western Australia, had confirmed the robust economics of an initial ten-year mine production. The study outlined a two-stage operation, which would produce...

Tectonic upbeat about WA gold/copper project

Base and precious metals developer Tectonic Resources on Friday reported that its Phillips River gold, silver, copper, zinc and lead project, in Western Australia, could generate over A$1-billion in revenue. The ASX-listed company, which recently...

Hillgrove completes first stage of A$65m equity raising

Base and precious metals developer Hillgrove Resources has completed the first stage of its A$65-million equity raising to help fund the construction of its Kanmantoo mine. The ASX-listed company said that institutional investors committed...

Hillgrove approves A$121m Kanmantoo project

The board of base- and precious-metals developer Hillgrove Resources said on Friday that it had approved the development of the Kanmantoo mine, in South Australia, and that it had secured funding for the A$121-million copper/gold project....

Jabiru may build A$10m HMS plant at WA operation

Base and precious metals developer Jabiru Metals has completed a definitive feasibility study on a A$10-million heavy media separation (HMS) plant at its Jaguar multi-metal operation, in Western Australia. The company said on Thursday that the...

Andean Resources to build gold/silver mine in Argentina

ASX- and TSX-listed precious metals developer Andean Resources has reported that its Cerro Negro gold and silver project, in Argentina, could be one of the lowest-cost undeveloped gold projects in the world. A recently completed feasibility study...

Conquest bids A$58m for North Queensland Metals

ASX-listed precious metals developer Conquest Mining plans to make an all share off-market offer for fellow listed North Queensland Metals (NQM), worth A$58-million. Conquest was offering NQM shareholders one-half a share, as well as A$0,10 cash...