Base Resources (ASX:BSE) has been quite active in Madagascar lately, and this has now resulted in the publication of a pre-feasibility study on the Toliara mineral sands project on the island. The economic study calls for an initial capex of just US$439M to build a 13 million tonnes per year […]
Atalaya Mining (AYM.TO, LON:ATYM) has produced just over 10,200 tonnes of copper in the first quarter of this year despite a lower average grade of 0.46% copper. The total throughput of the mill in the first quarter was 2.4 million tonnes (which is lower than in Q4 2018 but higher […]
Hypes come and go and while most graphite focused companies that surfed the hype-wave have moved on to follow a new ‘hype du jour’, some companies have continued to work on their projects as they actually have merits. NextSource Materials (NEXT.TO) is one of those companies that didn’t have much […]
Aztec Minerals (AZT.V) has now completed its airborne magnetic survey over the Tombstone project in Arizona, and this survey confirmed the existence of what appears to be three target areas that were previously discovered through a mapping and sampling program. Additionally, the survey identified two additional targets which brings the […]
Great Bear Resources (GBR.V) has released another batch of assay results from its ongoing 60,000 meter drill program it’s currently completing at its Dixie gold project in Ontario’s Red Lake gold district. Great Bear has released the results from seven drill holes, which were all drilled on the so-called Dixie […]
Exploration isn’t an exact science. Despite a good exploration plan and smart people on the ground, Fremont Gold’s (FRE.V) assay results from the three holes it drilled at Gold Bar didn’t yield the desired results. Too bad, as we came away from the site visit quite impressed. Fortunately, Fremont Gold […]
Bardoc Gold (ASX:BDC) has now extended the total strike length at South Castlereagh to approximately 500 meters after the most recent batch of assay results confirmed the presence of more gold. While drill results of 23 meters at 2.27 g/t gold and 12 meters at 1.4 g/t gold only start […]
Ely Gold Royalties (ELY.V) has entered into a binding agreement with a third party to acquire a 1% Net Smelter Royalty on the Lincoln Hill property for $750,000 in cash (we are assuming this is in US Dollars considering the warrant price has been fixed at ‘CAN’$0.17) of which $400,000 […]
Minera Alamos (MAI.V) and ePower Metals (EPWR.V) have entered into a binding letter of intent whereby the underlying option to acquire the Los Reyes project (new name) from Vista Gold (VGZ, VGZ.TO) will be transferred from Minera to ePower. ePower will issue 9.45 million post-consolidation shares to Minera Alamos (representing […]
MC Mining (LSE:MCM) (the new name of Coal of Africa) has announced it has signed a sale and purchase agreement for the coal that will be produced at its Makhado coal project in South Africa. The first phase of the mine is expected to yield 3 million tonnes of recovered […]
Kerr Mines (KER.TO) has appointed Giulio Bonifacio (ex-Nevada Copper (NCU.TO)) as its new CEO, while Claudio Ciavarella will move to an executive vice chairman position. It will be interesting to see what Bonifacio’s first steps will be now he’s heading Kerr Mines whose Copperstone project hosts just over 400,000 ounces […]
After having secured a 40 year mining permit, NextSource Materials (NEXT.TO) has now also been granted the Global Environmental Permit for its Molo Graphite project in Madagascar. This means the high-margin graphite project has now received all permits and approvals allowing it to start operations. With the permits now in […]
