The company is putting together a feasibility study that should be complete by the end of the first quarter next year.
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Anglo kept its dividend on hold till the end of the year, but even so its shares have outperformed its higher yielding peer BHP Billiton over the past 12-14 months
The mining company stands to benefit from higher copper prices and an increased investment from major shareholder CEII
BHP posted a 65% jump in underlying earnings (EBITDA) to US$9.9bn for the six months to December 31.
The FTSE 100-listed firm saw its group underlying earnings (EBITDA) increase to US$6.075bn for the full-year to December 31, up from US$4.854bn in 2015.
The multi-commodity miner reported a 65% jump in underlying earnings (EBITDA) to US$D9.90bn for the six months to December 31 2016, up from US$5.99bn a year earlier.
"Zinnwald is a strategic asset located in close proximity to a thriving market for lithium and energy products.”
The Indian government's currency actions have hit short-term trading but this is still the semi-mythical "ten-bagger"
According to VSA, another potential boost will come from the turnaround at the Kilimapesa gold mine in Kenya.
The board believes Vast is now fully-funded through to positive cash flow at the Manaila and Baita Plai polymetallic mines.
Both stocks remain on the UBS ‘buy’ list, with the latter benefiting from a 20% hike to the price target
Premier is now planning more drilling to determine the ultimate size of Zulu
The FTSE 250-listed firm saw its pre-tax profits fall to £154.7mln for the full-year to December 31, down from £160.1mln a year earlier and below the firm’s own forecasts.
Eurasia Mining has a diverse portfolio of precious metals assets in Russia at various stages of development
The bank provided coverage of the sector in four separate notes previewing results later this month.
Chaarat is progressing with economic studies at the Tulkubash project in Kyrgyzstan and will look to raise finance shortly
The shares rose 6% as the company confirmed drilling at the South African copper project will start today
Shares in ECR Minerals have been on the move lately as new management breathes new life into the company
Anglo American Platinum has agreed to sell stakes in its Union mine and Masa Chrome Company to Siyanda Resources.
Kincora Copper has a commanding position in one of the world's most promising emerging copper areas
The 64% owned subsidiary of Canada’s Barrick Mining doubled underlying earnings
Petropavlovsk's pending use of pressure oxidation processing technology will boost production significantly
KEFI Minerals has raised new money as it advances ever closer to a development decision at Tulu Kapi
The company has a mining partnership that draws on its historic ties to the sub-continent; a joint-venture in Finland; and a fintech opportunity that allows people to invest in precious metals.
Historic hole grades were unexpectedly good said Sula