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Kibo Mining to raise $1.5m through share placement

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KIBO Mining said it had received commitments to raise £1.5m in a share placement with the proceeds earmarked for advancing the feasibility study of...

Acacia hits production target, raises net cash, but shares wilt

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ACACIA Mining staged a recovery in the first quarter of its 2018 financial year after a period to forget last year in which the...

Petra Diamonds agrees waiver and covenant reset for 2018

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PETRA Diamonds said it had agreed with its lenders for a waiver of debt covenants as of December 31 and a reset of the...

Tharisa full-year production target “well within reach”

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THARISA turned in a strong operating performance for the half-year period ended March registering an 11.4% and 15% increase in platinum group metal (PGM)...

Orion lifts Prieska Project resource, submits mining right application

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JOHANNESBURG-listed base metals exploration company, Orion Minerals, unveiled a total mineral resource for its Prieska Project in South Africa's Northern Cape province of some...

Afritin signs MoU to buy tin concentrate from artisanal miners

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LONDON-listed Afritin Mining is to explore buying cassiterite concentrate - a tin oxide mineral - from artisanal miners operating near its Uis tin project...

Tawana marks busy corporate activity with A$20m share issue

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TAWANA Resources has raised A$20m in a share placement to pay for the commissioning of its Bald Hill lithium and tantalum mine in Australia,...

Newmont suspends Ahafo project after six contractors killed

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NEWMONT suspended work on its Ahafo project in Ghana following an accident in which six contractors lost their lives, Reuters reported. Two other contractors escaped...

GoviEx to study membrane separation technology for Niger’s Madaouela

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GOVIEX, a Toronto-listed uranium development firm, said it would further investigate the potential for membrane separation technology as a means of reducing capital and...

Lemur progressing talks with Madagascar for Imaloto concession

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LEMUR Resources, a private company with plans to build a coal-to-power plant in Madagascar, said discussions with the African country regarding obtaining a concession...