The broker said they expected “full year operations to be at the better end of guidance, or above” as unit costs were lowered due to higher production rates and grades
Showing 25 of 44047
Work is due to start this autumn and the total contract value is anticipated over US$30mln
The AIM-listed miner said that the final results of a 43-101 feasibility study for the project were being prepared and are planned to be announced to the market in October 2018
The AIM-quoted resource development company pointed out that the applications were pending at the time that Savannah acquired its shareholding in Slipstream in May 2017
Elikhulu is expected to become Pan African’s flagship operation, producing 70,000 ounces of gold every year when it reaches full production
"As a management team, we are confident that the clear strategic, operational and executive changes undertaken during the last eight months leave us in a very strong position from which Stratex can start achieving its true potential"
LIORC is structured as a passive flow-through entity for a C$0.10 p/t commission on all iron ore products sold by the Iron Ore Company of Canada
Redeployment of rigs to support growth in West Africa held back revenues somewhat, but, nonetheless profitability and earnings improved substantially compared to last year
The AIM-listed gold miner reported that the mine had produced and sold 7,171 ounces of gold during the second quarter, a 47% increase on the one before
Robin Young, CEO of Amur Minerals, commented: "With our drill programme being over 80% complete and having experienced no down time at the rigs, work is swiftly advancing toward completion of our three key objectives in this year's drill effort”
Kibo said permanent water permits will be issued following completion of the construction and implementation of all necessary water infrastructure that will be required to meet the water needs of the Mbeya Power Plant and Mbeya Coal Mine
“The company has worked methodically and systematically to meet all the required criteria needed to advance towards the target for trial mining in 2019"
The programme, which is targeting high-grade zinc, lead and gold mineralisation at a handful of targets, will see Auroch drill up to 2,500m and is expected to take around eight weeks to complete
The Letšeng mine's latest treasure is described as a 138 carat, top white colour Type IIa diamond
ECR's management was "extremely pleased" with a visit to Argentina, and, now intend to restart investment in exploration
The acquisition of a 29.41% stake in the Blueberry project in a prolific part of Romania is expected to result in little dilution to Vast shareholders given the way the deal has been structured
“A number of holes have intersected pervasive mineralisation with visible copper and cobalt over thicknesses of 80m which is particularly exciting"
BHP has results out next week which Barclays expects to be “good”, but both it and Citi are more interested in the recent sale of the US onshore assets, the proceeds from which are expected to go straight to shareholders
“The significance of achieving results of this tenor in the company's first drilling program on the property cannot be overstated."
Work on KEFI's Tulu Kapi gold project in Ethiopia is continuing
Wolf's debt restructuring plans will carry it over until October
"Although this final stage of the permitting process is taking longer than anticipated, we continue to make what preparations we can for the final development phase,” said Richard Gray, Scotgold chief executive
“The addition of Kookaburra to the tenement portfolio of Rockfire provides additional opportunity for discovery of resources in a district of bountiful gold endowment"
The RHA mine is a near-fully developed mine and, amid the ‘firming’ tungsten prices, it has the potential to be brought back into production
Infill drilling shows that the mineralisation in the central section of Alpala is richer than previously thought