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Nouveau Monde Mining raised C$2.4M and is ready for an action-filled 2017

Nouveau Monde Mining raised C$2.4M and is ready for an action-filled 2017

Nouveau Monde Mining Enterprises (NOU.V) has closed a private placement in December raising C$2.3M, and the company seems to be keen to put the funds immediately at work. Nouveau Monde wants to update the resource estimate on the West zone by the end of the current quarter, and this update […]

OZ Minerals confirms Carrapateena resource

OZ Minerals confirms Carrapateena resource

OZ Minerals (ASX:OZL) has completed an updated resource estimate in December 2016 after having completed an additional 6,600 meters of drilling. The total resource now stands at 134 million tonnes with an average grade of 1.5% copper, 0.6 g/t gold and 6.5 g/t silver. With a total copper content of […]

West African Resources will update its resource estimate in Q1

West African Resources will update its resource estimate in Q1

West African Resources (WAF.V, ASX:WAF) was able to complete its 2016 drill program on its Tanlouka gold project in Burkina Faso right before Christmas. Drilling at the M1 South zone continued to intercept high grade mineralisation located right beneath the existing resource area, and even at depth, some of its […]

Metanor plans to produce 30-36,000 ounces gold this year

Metanor plans to produce 30-36,000 ounces gold this year

Metanor Resources (MTO.V) has released a production update, and the second quarter of its financial year 2017 was the best quarter it had in quite a while. Thanks to a (much) higher head grade of 5.1 g/t gold and a recovery rate of 96.5%, the company produced almost 9,800 ounces […]

Millennial Lithium adds a third drill site at Pastos Grandes

Millennial Lithium adds a third drill site at Pastos Grandes

Millennial Lithium (ML.V) has expanded its drill program at Pastos Grandes to include a third drill site, which will speed up the company’s plans to define a resource estimate. The exploration drill program at the first two drill sites was completed, and the company seems to be quite happy with […]

Panned Gold by artisanal miners at Mandiana

Volcanic Metals will re-start trading today after a 2 month halt

Volcanic Metals (VOL.V) has now completed a C$1M capital raise and the acquisition of the Mandiana gold project in Guinea. Volcanic was able to purchase the project at a bargain price from the London-listed company Sovereign Mines of Africa (SMA.L). According to  Sovereign Mines, Volcanic will acquire the 75% ownership […]

Mariana Resources will release the Hot Maden PEA in January

Mariana Resources will release the Hot Maden PEA in January

Mariana Resources (MARL.L, MARL.V) has reported on the assay results from 12 infill and extension drill holes at its ultra high-grade Hot Maden project in Turkey. With almost 35 meters true width containing 82.2 g/t gold and 1.44% copper, this infill hole is hands down one of the best copper-gold […]

Atalaya Mining reaches its nameplate capacity at Riotinto

Atalaya Mining reaches its nameplate capacity at Riotinto

It took almost 5 years longer than we originally expected when we started to follow Atalaya Mining’s (AYM.TO, ATYM.L) predecessor ‘EMED Mining’, but Atalaya has finally reached its nameplate capacity of 9.5 million tonnes per year (26,000 tonnes per day) at its Riotinto copper project in Spain’s Andalucia province. That’s […]