Magnetite inks letter of intent with Chinese steelmaker

ASX-listed Magnetite Mines and Lodestone Equities are collaborating with Shandong Iron and Steel Group, to develop the magnetite resources of South Australia’s Mawson iron province, following a... 

Aguia advances Três Estradas phosphate project

Based on a positive resource update reaffirming the potential value of its flagship Três Estradas phosphate deposit, in southern Brazil, ASX-listed fertiliser developer Aguia Resources has... 

With necessary approvals received, Metals X’s Aditya takeover now under way

Having received the necessary approvals from the Reserve Bank of India, aluminium manufacturer Hindalco Industries, the largest shareholder in ASX-listed takeover target Aditya Birla Minerals... 

Iata inks MoU with African Union Commission

The International Air Transport Association (Iata) has signed a memorandum of understanding (MoU) with the African Union (AU) Commission to expand strategic cooperation and further the continent’s... 

Orion secures advanced nickel-copper project in S Africa’s Northern Cape

ASX-listed Orion Gold has secured an exclusive right to earn up to an 80% interest in the Jacomynspan nickel-copper-platinum group elements (PGE) project, located in South Africa’s Northern Cape... 

Iluka ups Q2 production output, sees 20.8% increase on 2015 figures

ASX-listed mineral sands miner Iluka seems to have recovered from its production dip in the previous quarter, reporting a production rate of 334 000 t for the three months to June, which is in line... 

Atrum, BC Anthracite bury the litigation hatchet

ASX-listed coal developer Atrum Coal has settled all litigation proceedings with former founders Russel Moran and Gino D’Anna, owners of new venture BC Anthracite. Atrum announced on Wednesday that... 

LBMA appoints new chairperson

Following an independent executive search procedure, the London Bullion Market Association (LBMA) has appointed Dr Paul Fisher the new chairperson of the association, effective September 5. Due to... 

Eskom, local universities sign Phase 2 of the EPPEI funding agreement

Eskom will next week sign Phase 2 of the Eskom Power Plant Engineering Institute (EPPEI) funding agreement, which will see the State power utility committing R155-million to execute and enhance... 

Pioneer to earn initial 51% interest in Raleigh lithium project

ASX-listed junior Pioneer Resources has signed a second option agreement with TSX-listed International Lithium Corp (ILC), enabling Pioneer to earn an initial 51% interest in the Ontario-based... 

Walkabout fast-tracking development at Lindi Jumbo graphite project

Africa-focused Walkabout Resources is fast-tracking project development at its Lindi Jumbo graphite mine, in south-eastern Tanzania, to commence with surface mining and processing operations on... 

Mantle’s Norton gold mine progressing towards first production

ASX-listed junior Mantle Mining is steadily progressing towards first gold concentrate production at its Queensland-based Norton gold mine. The company noted on Wednesday that sorter trials at the... 

Cazaly applies for exploration permit in cobalt-rich Lachlan Fold belt, NSW

ASX-listed junior explorer Cazaly Resources has lodged an application for an exploration permit over known cobalt-manganese mineralisation in the Lachlan Fold belt of New South Wales. The permit... 

Aguia finalises optimised PEA for flagship Três Estradas deposit

ASX-listed fertiliser developer Aguia Resources has completed the optimised preliminary economic assessment (PEA) for its flagship Três Estradas phosphate deposit, in Brazil, indicating a resource... 

GR Engineering awarded EPC contract for work on Mungana mine

ASX-listed engineering design and construction contractor GR Engineering Services has entered into an engineering, procurement and construction (EPC) contract with Auctus Resources for the design... 

Danakali receives positive feedback from Colluli impact assessment reviews

Potash developer Danakali announced on Monday that the two-month public review period for the ASX-listed miner’s Eritrea-based Colluli potash project’s social and environmental impact assessment... 

Independence remains within FY production guidance range across operations

ASX-listed diversified mining and exploration company Independence Group (IG) announced on Monday that gold production at its 30%-owned Tropicana gold mine – which is 70% owned and managed by... 

Hot Chili raises A$4.4m in oversubscription of shares, JV partner buys additional 2.5% in Productora

ASX-listed junior developer Hot Chili has raised A$4.4-million, against a target of A$2.5-million, following a successful placement of shares at a discounted average price of 5c a share – 10.7%... 

Base achieves near-record production, ups 2017 guidance on all commodities

Following consistent production rates achieved at its Kwale mineral sands operation in Kenya, East Africa, over the June 2016 quarter, dual-listed Base Resources has decided to increase its... 

New Talisman raises $4.7m, embarks on bulk sampling programme

ASX-listed junior New Talisman has successfully raised $4.69-million through the issue of about 905-million shares, enabling the miner to transition from explorer to developer as it embarks on a... 

Tlou Energy to expand Lesedi CBM project to 50 MW

Aim- and ASX-listed energy company Tlou Energy, which is focused on delivering power in Southern Africa through the development of coal-bed-methane (CBM) projects, announced Tuesday that its Lesedi... 

PepinNini raises $1.02m for Argentina-based lithium brine project

ASX-listed minerals exploration company PepinNini Minerals has raised $1.02-million to progress the company’s Salta lithium brine project, in Argentina. The company raised the funds through a... 

Global Geoscience proceeds with acquisition of Nevada lithium project

Having completed a successful exclusive due diligence investigation on the Ryholite Ridge lithium-boron project, in Nevada, the US, ASX-listed mineral exploration company Global has decided to... 

Condor aims to identify additional prospects at Nicaragua gold project

Following a successful structural geology study conducted last year, Aim-listed gold explorer Condor Gold has initiated an additional 242 km² soil survey programme at its La India project, in... 

TransCanada completes $13bn acquisition of Columbia Pipeline Group

TSX-listed oil and natural gas pipeline operator TransCanada has completed its acquisition of NYSE-listed Texas-based Columbia Pipeline Group for $13-billion, including the assumption of about... 

First gold mined at Kin's Lewis openpit, at Leonora project

ASX-listed junior Kin Mining has produced the first ore from its Lewis openpit, located at the Leonora gold project, in Western Australia. This makes Kin one step closer to becoming a fully fledged... 

Sugar cane production declines by more than 16.3% y/y

As a result of the ongoing countrywide drought, South African cane production declined during the 2015/16 season by more than 16.3% to 14.81-million tons, following an 11.4% reduction recorded in... 

CuDeco ramps up ore feeding at Rocklands operation

ASX-listed emerging copper producer CuDeco’s flagship Rocklands operation, in Cloncurry, Queensland, is steadily advancing towards first concentrate production, with the company’s announcement, on... 

Resolute board gives green light for immediate development at Syama

Underground development at ASX-listed gold miner Resolute Mining’s 80%-owned Syama gold mine, located in south-eastern Mali, West Africa, will get under way immediately, following a positive... 

Tigers Realm inks agreement with JV partners to increase Amaam ownership

Emerging global coking coal producer Tigers Realm Coal has signed two binding heads of agreement (HoAs) with its joint venture (JV) partners to increase its percentage ownership of the Amaam North... 

Kimberley Diamonds concludes first sale from Lerala mine

ASX-listed Kimberley Diamonds on Tuesday concluded the first sale of diamonds from its Lerala diamond mine, in Botswana. The sale of a small parcel of gem- and near-gem-quality diamonds, which were... 

Aspire subsidiary awarded concession for cross-country rail corridor

ASX-listed metallurgical coal explorer and infrastructure company Aspire Mining’s subsidiary, Northern Railways, has been awarded a rail concession from the Mongolian government to build, operate... 

Identified improvements to enhance efficiency at Arafura’s Nolans rare earths project

Comprehensive work programmes aimed at commercialising ASX-listed rare earths company Arafura Resources’ 100%-owned Nolans rare earths project, in Australia’s Northern Territory, have identified... 

Amec welcomes govt decision to extend interim relief of port charges

The Association of Mining & Exploration Companies (Amec) has welcomed the decision to extend the $2.50/t interim relief package at the Utah Point Bulk Handling Facility in Port Hedland for at least... 

Gemco, land council ink agreements to benefit traditional owners

After three years of negotiations, traditional owners represented by the Anindilyakwa Land Council (ALC) and managers at the Gemco manganese mine have settled on a range of landmark agreements to... 

Transnet Engineering hands over passenger coaches to Botswana Railways

The engineering unit of State-owned freight logistics group Transnet on Monday released the last batch of passenger coaches to Botswana Railways at a handing-over ceremony in Salt River, Cape Town.... 

Manas acquires Tanzania gold project for $4m

As part of its aim to diversify its gold project portfolio, ASX-listed junior developer Manas Resources has signed a binding heads of agreement (HOA) to acquire the Tanzania-based Victoria gold... 

Tanzanian CompComm delays Ngualla BFS funding

Tanzania’s Fair Competition Commission has delayed ASX-listed rare earths hopeful Peak Resources’ approval for funding from the Appian Natural Resources Fund and International Finance Corporation,... 

Metallica completes sale of Boyne limestone project

ASX-listed bauxite developer Metallica Minerals has completed the sale of its noncore Boyne limestone project, near Gladstone, Queensland, after a private group paid the agreed balance of $900 000.... 

First shipment of WA bauxite en route to China

Lightweight metals manufacturer Alcoa is celebrating its first shipment of Western Australia bauxite as part of an export trial approved by the state government last year. Perth-based Alcoa Mining...