The viability report, commissioned by Kavango to assess whether the target would be economically viable, is a conceptual study—and not a definitive study.The study, prepared by Executive Mining, concludes the IOCG target would be economically viable at depths up to 2 kilometres below the surface, should sufficient bulk of mineralization be discovered that is of sufficient grade.Kavango now p...Read More
Certain operational conditions, including a restricted drilling plan for the first 12 months proposed by the company, will need to be implemented.Read More
Second quarter copper and gold production at its 90%-owned El Roble mine in Colombia was above market consensus. Production in the second quarter was 3.Read More
Second quarter production updates released by these firms this week gave insight into rising costs in these countries - some of which are rising above 25% - and ongoing operational challengesRead More
Named after the 126-year-old project, Wiluna Mining called in outside administrators this week following a financial crisis which has seen the company's share price fall by 80% over the last sevenRead More
"The climate for junior gold financing and M&A has slowed following a strong first quarter, and in our view could face a period of reduced activity similar to the prior downcycle in 2013-15," saidRead More
Leading shareholder AI-listed Anglo Asian Mining will invest to retain its 19.Read More
Alma Metals targets resource expansion at copper project in QueenslandSPONSOREDalma metalsMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDRumble in the outback, "zinc elephant sighted"SPONSOREDrumble resourcesRed Dirt Metals: unexpected lithium starSPONSOREDred dirt metalsThe London and Johannesburg-listed company said the mine is continuing to operate following th...Read More
The five-year agreement is for 7,000 tonnes per year of lithium carbonate from 2025, which is about 34% of the planned annual output during its first five years of production.Read More
The total package consists of a $116 million equity financing via a private placement with strategic investors at 80 cents per share from La Mancha Investments, Franco-Nevada and Eldorado Gold.Read More
Red Dirt Metals: unexpected lithium starSPONSOREDred dirt metalsAlma Metals targets resource expansion at copper project in QueenslandSPONSOREDalma metalsMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDRumble in the outback, "zinc elephant sighted"SPONSOREDrumble resourcesMusk used a conference call on Tesla's earnings to highlight lithium, a key element used in th...Read More
Alma Metals targets resource expansion at copper project in QueenslandSPONSOREDalma metalsMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDRumble in the outback, "zinc elephant sighted"SPONSOREDrumble resourcesRed Dirt Metals: unexpected lithium starSPONSOREDred dirt metalsBy definition, all prior executive successes occurred when current managers were less experien...Read More
Rio Tinto would supply materials materials including lithium, low-carbon aluminium and copper, the two firms said.Read More
"We are disappointed with the outcome of the vote"Our objective… [is] to restart our activities as quickly as possible," Raglan Mine said. Strike action at the mine started in May.Read More
The firm also announced an increase in its share buyback programme to $5 billion from $3 billion. The firm is targeting net cash cost of $1.Read More
Barrick chief executive Mark Bristow met Balochistan chief minister Abdul Quddus Bizenjo in the provincial capital Quetta on July 19, a day after talks with the federal government's finance ministerRead More
OzAurum drilling for a golden futureSPONSOREDozaurum resourcesMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDShallow, high-grade ounces continue for Alto at SandstoneSPONSOREDalto metalsStandout ESG credentials position Trigg to capture investor attentionSPONSOREDtrigg miningA focus on open-pit exploitation of the Mitchell, East Mitchell and Sulphurets deposits and abandoni...Read More
South32 will buy 13.2 million shares prices at 78 cents each in a non-brokered private placement, giving it a 9.9% stake in the junior.Read More
The joint venture will be named NewRange Copper Nickel. Shares in PolyMet gained 14% to C$4.04, giving the Glencore-backed firm a market capitalisation of C$409 million.Read More
Marcel's comments come as the country's Congress prepares to debate tax rates. "We are approaching this with a very open view," Marcel told Bloomberg TV.Read More