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Liontown Resources Raises Capital for Development of Australian Lithium Projects
February 18, 2019
Liontown Resources has announced a capital raising of up to A$7.9 million ($5.6 million) to underpin the continued exploration and development of its Australian lithium projects. The capital will also be used to advance its strategy to become a second-generation
Fatality at Serabi Gold’s Palito Gold Mine, Brazil
February 15, 2019
Serabi Gold said there has been a fatality at its Palito Gold Mine in Brazil in a mining-related accident on February 11, 2019. The accident involved one of the company’s employees who sustained a crush related injury and sadly died
After Merger With Randgold, Barrick Picks Up Speed as New Executive Teams Get Down to Business
February 15, 2019
Barely six weeks after its merger with Randgold, Barrick is making good progress in achieving its short-term priority goals as well as its full year objectives. CEO Mark Bristow, who has already visited most of the group’s operations in the
Nzuri Signs Funding Term Sheet to Advance Kalongwe Copper-Cobalt Project, DRC
February 14, 2019
Nzuri Copper has entered into a term sheet with its major shareholder, Tembo Capital Mining Fund, to progress financing and development of Kalongwe Copper-Cobalt project. The term sheet sets out the commercial terms on which Tembo proposes to provide a
Hochschild Mining to Place Arcata Mine on Care and Maintenance, Peru
February 14, 2019
Hochschild Mining has announced its intention to suspend operations at the Arcata precious metal mine, in south west Peru, and place it on care and maintenance. It is anticipated that full care and maintenance will be in effect by the
Aura Resumes Limited Operations at San Andres Gold Mine, Honduras
February 13, 2019
Aura Minerals has resumed limited mining operations at its San Andres gold mine in Honduras. “We have been working very closely with local and national authorities to cease the illegal occupation of our private lands by a very small number
Galantas Gold Advances Development of Omagh Gold Mine, Northern Ireland
February 12, 2019
Galantas Gold has reported continued development progress at its Omagh Gold Mine, Northern Ireland, with the second level now intersecting the Kearney vein. Initial on-vein development on the 1096 (first and upper) level has partially delineated the crown pillar (a
Three Fatalities from Fire at Mopani’s Mindola North Shaft, Zambia
February 12, 2019
Three miners have died at Mopani Copper Mines in Kitwe following an accident caused by fire underground at Mindola North Shaft. Mopani Copper Mines Public Relations Manager Nerbert Mulenga, who confirmed the development, said the incident happened yesterday around 13:45
Copper Mines Halted by Heavy Rains in Chile
February 12, 2019
Heavy rains and floods that have affected the world’s top copper-producing nation for the past week are forcing companies to halt some operations. Chilean state-owned copper mine Codelco stopped work at its Chuquicamata and Ministro Hales mines on Thursday night,
BlueRock Diamonds Recovers 16.28 Carat Diamond from Kareevlei Mine, South Africa
February 12, 2019
BlueRock Diamonds, which owns and operates the Kareevlei Diamond Mine in the Kimberley region of South Africa, has recovered a 16.28 carat diamond of gem quality. The latest diamond is 4.58 carats larger than our previous largest diamond. The company
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