Namibia top court hands Deep-South small win in battle for copper project
The company has successfully prevented anyone else from exploring its Haib copper project as battle over refused licence renewal continues.
Africa
Iamgold halts transport to and from Burkina Faso mine after attack
Iamgold (TSX: IMG; NYSE: IAG) has suspended convoys to and from its Essakane gold mine in Burkina Faso near the border with Niger, after gunmen attacked a convoy travelling to…
Fortescue best positioned to weather industry disruption – report
Fortescue Metals (ASX: FMG) leads in an Australia-heavy Top 10 listing of companies based on leadership in 10 areas that matter the most to the mining sector, GlobalData says in…
Higher metal prices to push exploration budgets up in 2022, says S&P Global
S&P Global Market Intelligence’s pipeline activity index points to mineral exploration budgets increasing by 5% to 10% in 2022, metals and mining analyst William Mason told a recent online conference….
Gem Diamonds sells Botswana unit for US$4 million
Africa-focused Gem Diamonds (LSE: GEMD) is selling its Botswana subsidiary to Okwa Diamonds, owned by Vast Resources (LSE: VAST) and Botswana Diamonds (LSE: BOD), for only US$4 million. Okwa Diamond’s main target…
Montage Gold says new indicated Koné resource ‘exceeded objective’
Orca Gold (TSXV: ORG) subsidiary Montage Gold (TSXV: MAU; US-OTC: MAUTF) has exceeded its exploration objective at the Koné gold project in Côte d’Ivoire with 100% resource conversion and resource…
Resource nationalism sweeps top mining countries in Latin America
A move towards resource expropriation, tax and royalty increases, as well as demands for local participation in companies’ ownership–all components of resource nationalism–continues to increase, with Latin America taking centre…
Trevali feasibility outlines US$111M capex for Rosh Pinah expansion
Trevali Mining (TSX: TV; US-OTC: TREVF) has released a feasibility study for the expansion of its Rosh Pinah zinc-lead-silver mine in Namibia to 1.3 million tonnes per year from 700,000 tonnes…
Bluerock shares jump on biggest diamond found at Kareevlei
BlueRock Diamonds (LSE: BRD) jumped more than 16% today after the miner announced it had found a 58.6-carat diamond at its Kareevlei mine, in Kimberley, South Africa. The stone is the largest diamond found…
Tesla, Re|Source to launch final pilot in DRC to trace cobalt from mine to EVs
Blockchain-based program program is being tested in real operating conditions at multiple on-site pilots in DRC and Europe.
Expansion of Lucara’s Karowe mine to take longer and cost more
Canada’s Lucara Diamond (TSX: LUC) has adjusted the cost and timeline of the underground expansion of its Karowe mine in Botswana, one of the world’s most prolific sources of large, high value type IIA diamonds. The company now expects to achieve 75%…
Nordgold begins mining at Lefa’s satellite deposit
The Diguili deposit, located about 35 km from Lefa’ processing facility, is considered a core pillar of Nordgold’s expansion strategy.