2015-09-01Sovereign Metals Limited has released Scoping Study results for its Duwi flake graphite project in Malawi.The study considered two production scenarios, the first one is the 1.5 million tonne per annum base case and the second one is the 0.55 million tonne per annum low tonnage case.2015-09-01Magnum Mining and Exploration Limited has entered into a sale and purchase agreement with African Tantalum (Pty) Limited regarding its remaining 40% interest in the Tantalite Valley project located in Namibia.Magnum Mining and Exploration, under the terms of the sale and purchase agreement will sell the 40% shareholding f..2015-08-27Premier African Minerals Limited has released an update on its 49% owned RHA tungsten project located in Zimbabwe.The RHA process plant modifications, designed to improve on efficiency of the crushing circuits were installed and operational benefits of the plant have been confirmed. The plant’s through-put has improved significantl..2015-08-26On 27 February 2015, West African Minerals Corporation announced the implementation of a new stream-lined budget for 2015 to reduced expenditure, including the proposal to relinquish its licenses in Sierra Leone, which would reduce costs to $50 000 in the 2015 budget.The Company sold its entire interest in the share capital of its ..2015-08-26Avocet Mining Plc released its unaudited interim results for the six month period ended 30 June 2015.Gold production was 11% lower, at 39 859 ounces, for H1 FY15 compared to gold production of 44 798 ounces recorded for H1 FY14, reflecting complex ore body and knock-on effects of the strike at the Inata gold mine located ..2015-08-25West African Resources Limited has released its results from the shallow oxide Reverse Circulation drilling at its Mankarga 1 prospect at the Tanlouka permit located in Burkina Faso.Results from the drilling programme confirmed shallow oxide mineralisation at Mankarga 1 prospect.
..2015-08-24Waterberg Coal Company Limited requested an extension to its current voluntary suspension in the trading of its securities on the ASX which expired on Monday 24 August 2015 prior to commencement of trade.The Company is seeking the extension to the voluntary suspension to allow time to finalise a proposed third party funding arrange..2015-08-24Tlou Energy Limited has successfully completed the drilling of the first two new lateral production wells at the Selemo project in Botswana.The Company is investigating a dual listing on the AIM market of the London Stock Exchange. A final decision in regards to the listing process will be made in the next few months.<..2015-08-21Northam Platinum Limited has released its preliminary results for the year ended 30 June 2015.During the year, the Company secured the R606 billion Black Economic Empowerment equity transaction with Zambezi Platinum Limited for a 10 year period.Northam Plat..2015-08-20Gem Diamonds Limited has released its half year results for the six months ended 30 June 2015.Revenue in H1 FY15 was reported to be $118.0 million, down from the $148.9 million reported for H1 FY14. Underlying EBITDA had decreased from $63.5 million as reported for H1 FY14 to $46.1 million for H1 FY15.2015-08-19Bauba Platinum Limited has released its consolidated provisional results for the year ended 30 June 2015.During the period under review, Bauba Platinum underwent significant changes from being a junior platinum explorer to a cash generating chrome producer. The change was a result of the shares transaction approved by sha..2015-08-19Harmony Gold Mining Company Limited released its Q4 FY15 and FY15 results for the period ended 30 June 2015.Gold production increased by 4% from 7 642 kilograms recorded for Q3 FY15 to 7 977 kilograms in Q4 FY15. All-in sustaining costs remained stable at R478 746 per kilogram. Headline Earnings per Share incre..2015-08-19
Northam Platinum Limited released its trading statement for the year ended 30 June 2015.2015-08-18Bushveld Minerals Limited has announced that its subsidiary, Lemur Resources Limited, has signed a binding term sheet with Sable Metals and Minerals Limited to acquire a vanadium project located in South Africa.The project comprises of three greenfields properties, which are prospective for vanadium, and are located in t..2015-08-18Cardinal Resources Limited has released its drilling results from the recently acquired area north of the Namdini mining license, which is located within the Company’s Namdini project in Ghana.Results from drill hole NMRC467-774 indicated 67 metres at 3.10 g/t gold from 3 metres vertical depth, including 3 metres at 15.30..2015-08-18Tawana Resources NL has submitted a Scoping Report and Terms of Reference report for an Environmental and Social Impact Assessment for review to the Environmental Protection Agency of Liberia.Upon receiving approval from the Environmental Protection Agency, the Company will fully progress with the Mofe Creek project’s Env..2015-08-18Caledonia Mining Corporation has announced its operating and financial results for H1 FY15 and Q2 FY15.The Company reported that its gold production of 20 361 ounces in H1 FY15 and 10 401 ounces for Q2 FY15 was slightly ahead of target. On mine cost per ounce of $729 per ounce for Q2 FY15 and $699 per ounce for H1 FY15 was higher d..2015-08-14Chairman of BHP Billiton Plc, Jac Nasser, has announced a number of changes to the Group’s Board of Directors.Anita Frew has been appointed to the Board as an Independent Non-Executive Director with effect from 15 September 2015.Frew has over 18 years of ex..2015-08-13Mozambi Resources Limited has received flake size results from the 3 rock chip samples collected from the Nachingwea project in Mozambique.The samples were sent to SGS South Africa for analysis and demonstrated that between 25% and 36% of the graphite samples, by weight, have a flake size greater than 300 micron..2015-08-12Aquarius Platinum Limited released its preliminary full year results for the year ended 30 June 2015.Revenue decreased by 9%, from $233 million reported in FY14 to $213 million in FY15, attributable to lower platinum group metal prices.Mine EBITDA decreased..2015-08-12Eastern Platinum Limited has advised that the proposed restructuring agreement entered into with Hebei Zhongbo Platinum Company Limited remains subject to the execution of definitive agreements and the receipt of all necessary South African regulatory approvals.Pursuant to this, the Company is seeking an extension to the Final Date..2015-08-12Bauba Platinum Limited has released a trading statement for the year ended 30 June 2015.The Company expects a decrease in loss per share of between 95% and 115% to be between 0.39 cents per share and 1.15 cents per share compared to the loss per share of 7.7 cents reported for FY14.2015-08-11The Waterberg Coal Company Limited has requested an extension to its voluntary suspension in the trading of its securities on the ASX which expired prior to commencement of trade on 10 August 2015.The Company is seeking the extension to allow time to finalise a proposed third party funding arrangement to replace its existing fundin..2015-08-11Mozambi Resources Limited has completed its initial review of the 18 applications encompassing the Nachingwea graphite project in Tanzania.The Company selected 7 applications, of which 2 have already been granted and selected for 100% acquisition and the remaining 11 license applications were returned to the ve..2015-08-11Apollo Consolidated Limited has identified new gold anomalies from the most recent batch of soil assay results collected from its Boundiali permit located in Cote d’lvoire.The latest soil sampling results confirm the presence of up to 0.40 g/t gold and suggest potential for new zones parallel to the existing Antoinette anomaly. The..2015-08-11Syrah Resources Limited has successfully completed its placement and the institutional Entitlement Offer, raising approximately AUD166 million.The completion of the placement and Entitlement Offer follows the Company’s announcement regarding a fully written capital raising of approximately AUD211 million which will be use..2015-08-11Paragon Diamonds Limited announced that the Company obtained approval from the Government of Lesotho to complete its acquisition of the 75% interest and operatorship of Mothae Kimberlite Resource from Lucara Diamond Corporation.The Mothae Kimberlite Resource is located 5 kilometres from the Letseng diamond mine in Lesotho, also hom..2015-08-07Tawana Resources NL has discovered additional iron ore mineralisation from outcropping iron formations at both the Keohnko North East and Koehnko East prospects within the Mofe Creek project located in Liberia.The Company mapped the mineralisation as predominantly friable itabirite with some higher grade hematite capping ..2015-08-05Coal of Africa Limited has entered into a subscription and a loan agreement with Singapore private investment company, Yishun Brightrise Investments PTE Limited.Yishen Brightrise Investments, under the subscription agreement, has agreed to acquire up to 183 231 261 ordinary shares, which is approximately 9.5% of the issued share sh..2015-08-05Earlier this year, StratMin Global Resources Plc commenced a staged optimisation programme at its Loharano plant, in Madagascar, and has successfully completed stage 2 of the programme.The Company reported that hourly production rates have increased significantly and graphite purity levels have been maintained.2015-08-05Buffalo Coal Limited has advised of a fall of ground at its Magdalena mine in South Africa.The fall of ground happened in an area of the mine that was being used as an access way for the conveying of coal from two production sections to surface.The Company reports th..2015-08-05Northam Platinum Limited has concluded wage negotiations with the National Union of Mineworkers (NUM) at its Zondereinde mine located in South Africa.The Company signed a three year wage agreement for increases on basic wages and allowances of 13% for entry level underground employees in year 1; 11.6% in year 2 and 10.5% in year 3...2015-08-04Cardinal Resources Limited released results for the diagnostic cyanide leach testing of Reverse Circulation chips from oxide and fresh mineralised zones within the Namdini mining project in Ghana.Results indicated that 96% g/t gold was recovered from the oxide samples, while 89% g/t gold was recovered from fresh samples.&..2015-08-04Firestone Energy Limited has advised that the Waterberg coal project joint venture partners, through Sekoko Coal (Pty) Limited entered into an agreement with the Lephalale Municipal Council.Waterberg coal project joint venture partners will take over the management and operation of the Paarl Waste Water Treatment Facility..2015-08-04Black Rock Mining Limited has discovered a new mineralised zone at its Mahenge project located in Tanzania.The Company discovered the Ulanzi prospect located 1 kilometre West of the Cascade prospect. Assay results from the initial sampling demonstrated 36 samples averaging 11.1% Total Graphic Carbon, including b..2015-08-04Merafe Resources Limited released its interim financial results for the six months ended 30 June 2015.Production increased to 195 000 tonnes, representing a 16% increase compared to the previous corresponding period. Revenue increased by 12% from R1.9 billion reported for H1 FY14 to R2.2 billion in H1 FY15.2015-08-04Royal Bafokeng Platinum Limited has released its results for the six month period ended 30 June 2015.During the period under review, the Company’s Board of Directors reduced capital expenditure on construction activities at the Styldrift I project, in South Africa, to maintain a strong balance sheet. A healthy balance sheet is a pr..2015-07-30Wescoal Holdings Limited has released an update regarding operations at its Elandspruit mine located in Mpumalanga, South Africa.The Company delivered first coal from its Elandspruit mine as planned. The coal was successfully processed at the beneficiation plant and the beneficiated product was in line with the Company’s ..2015-07-30Sylvania Platinum Limited released is full year production results for the fourth quarter ended 30 June 2015.Sylvania Dump Operations’ platinum group metal ounce production increased by 5% to 13 468 ounces, from 12 778 ounces recorded during Q3 FY15.The Com..2015-07-29Lonmin Plc announces a business update as well as its production results for the three months ended 30 June 2015The Company reported that the rolling 12 month average Lost Time Injury Frequency for the 12 months to 30 June 2015 increased to 5.26 incidents per million man hours compared to 2.76 at 30 June 2014, due to the ..2015-07-29Aquarius Platinum Limited released its production results for the quarter ended 30 June 2015.Attributable production from operating mines continued to increase by 5% quarter-on-quarter, a 6% increase compared to the previous corresponding period. Production at Kroondal and Mimosa remained at record levels for Q4 FY15.&..2015-07-28Tanga Resources Limited has released an exploration update for the Geita project in Mabale Hills located in Tanzania.Infill sampling identified coherent gold-in soil geochemical anomalies at the Manyiro prospect. Ground magnetic surveying carried out at the Manyiro prospect demonstrated intense magnetic anomalies occurring along a ..2015-07-28Metals of Africa Limited released results from its graphene test work at the Montepuez Central graphite project located in Mozambique.The Company successfully produced graphene oxide and graphene at its 100% owned Montepuez Central graphite project. The three processes were tested and the thermal method, demonstrated prod..2015-07-28Rift Valley Resources Limited has released further drilling results for its 100% owned Miyabi gold project located in Tanzania.Drilling has been completed and the Company has received all assay results, which confirmed the presence of a thick high grade shoot at the Dalafuma prospect. Results included 18 metres at 6.90 g/..2015-07-27Sibanye Gold Limited released its trading statement for the six months ended 30 June 2015.The Company expects profit attributable to shareholders to be between R135 million and R230 million, a decrease when compared with profit attributable to shareholders of R533 million recorded during the six months ended 30 June 2014...2015-07-24Anglo American Plc has released its half year financial report for the six months ended 30 June 2015.Anglo American showed improved operational performance and accelerated cost and capex reductions.The Company achieved underlying EBIT of $1.9 billion, repre..2015-07-21Kumba Iron Ore Limited has released its production and sales report for its 100% owned Sishen Iron Ore Company (Pty) Ltd for the second quarter ended 30 June 2015.Total production was recorded at 10.4 million tones, a 9% decrease when compared to the 11.4 million tones recorded in Q2 FY14 and a 15% decrease when compared ..2015-07-21Oklo Resources Limited has released an update on its initial aircore drilling programme at the Socaf and Yanfolila projects located in western and southern Mali.The drill rig moved from the Socaf project to the Yanfoilia project and started the planned 1 000 metre aircore drilling programme.
2015-07-21IMX Resources Limited has secured a AUD1.6 million strategic investment by a major Chinese company, owned by Chen Yonglian, as well as investments from key service providers and IMX Resources Directors.This makes up over half of an AUD $3.0 million share placement comprising of 250 million shares at 1.2 cents per share, s..2015-07-21Anglo American Platinum Limited has released its production report for the second quarter ended 30 June 2015.The Company reported a 60% increase in group equivalent refined platinum production to 572 000 ounces. Refined platinum production increased by 33% to 561 000 ounces compared to the strike which affected the Q2 201..2015-07-21Kibo Mining Plc has announced that all conditions precedent in the Joint Development Agreement with Shandong Electric Power Construction Corporation (SEPCO III) have been fulfilled and the Agreement is now unconditional.SEPCO III has fulfilled its funding commitments as stated under the terms of the Agreement. &l..2015-07-21Aureus Mining Incorporated has released an update on its New Liberty gold mine located in Liberia.Following a successful period of commissioning, the New Liberty process plant has reached the nameplate capacity.The process plant recently underwent a 24 hour performan..2015-07-20Kibaran Resources Limited has been granted a mining license by the Ministry of Energy and Minerals of Tanzania for its Epanko graphite project.The mining license was the remaining major milestone for the Company in terms of approval from the government.The ..2015-07-17Anglo American Plc has successfully completed the sale of its 50% ownership interest Lafarge Tarmac Holdings Limited to Lafarge SA.The Company received approximately £992 million in cash proceeds, constituting the agreed minimum consideration of £885 million as stipulated in the July 2014 binding agreement and approximate..2015-07-17Anglo American Plc has announced its production report for the second quarter ended 30 June 2015.Kumba Iron ore Limited, a subsidiary of Anglo American reported a decrease in production of 9% to 10.4 million tonnes due to mining feedstock restraints applied at the Sishen mine in South Africa.
2015-07-15Rockwell Diamonds Incorporated releases results for Q1 FY16 and highlights plans for the future.During the quarter, Rockwell Diamonds acquired and assumed operating control of the Remhoogte/Holsloot project in Middle Orange River, South Africa.Financing is planned to raise bot..2015-07-15Edenville Energy Plc has released an update regarding its Rukwa coal to power project in Sumbawanga, located in Tanzania.The Company is currently in the formal review process for the Rukwa Power Plant Feasibility Study with the Ministry of Energy and Minerals in Tanzania and Tanesco, the country’s power generator.&nbs..2015-07-14Cradle Resources Limited released its update on the feasibility study currently being conducted at the Panda Hill niobium project in Tanzania.The feasibility study is on schedule as all the key activities have commenced and the revised concept considers an initial throughput of approximately 1.3 million tonnes per annum, ..2015-07-14IMX Resources Limited and its joint venture partner Loricatus Resource Investments have released a summary of the technical worked completed in the Ntaka Hill nickel project located in Tanzania.Results from the work indicated that the project has potential to be developed as a high-grade open pit and underground operation..2015-07-13Kibo Mining Plc has released its independent airborne geophysical data interpretation results for the Haneti nickel project located in Tanzania.The report confirmed the position, strike extent and internal structure of two new mafic-ultramafic zones expanding significantly the previous known “footprint” of the Haneti-Itis..2015-07-13Hummingbird Resources Plc, through its wholly owned subsidiary Hummingbird Resources (Liberia) Inc, has signed a 25 year Mineral Development Agreement with the Government of Liberia for the 2 000 kilometre² Dugbe Shear Zone which contains its 4.2 million ounce Dugbe gold project in Liberia.The Agreement will be sent for ratificatio..2015-07-13Triton Minerals Limited has released an update regarding the recent activities conducted at the Nicanda Hill, Ancuabe and Balama South graphite projects, all located in Mozambique.The Company reported that development and timeline is on-track at Nicanda Hill, with the Environmental and Social Impact Assessment and the Environmental..2015-07-09Firestone Energy Limited has requested an extension to its voluntary trading suspension of its securities which is due to expire on 10 July 2015.The extension will allow time to finalise third party funding to replace its existing funding arrangement with Standard Bank of South Africa.
<..2015-07-09Wescoal Mining (Pty) Limited, a subsidiary of Wescoal Holdings Limited, has announced the appointment of Diesel Power Open Cast Mining (Pty) Limited as the mining contractor for the Elandspruit mine in Mpumalanga, South Africa.The Company has commenced with mining activities at the Elandspruit mine and will start producin..2015-07-09Tawana Resources NL has discovered new high-grade Direct Shipping Ore (DSO) hematite mineralisation averaging 62.8% iron and 66% iron in Monrovia, Liberia.In addition, the Company discovered a strike greater than 2.2 kilometres of friable itabirite mineralisation in the Goehn prospect as part of its ongoing low-cost exploration str..2015-07-08Tharisa Plc has released its production report for the three months ended 30 June 2015.The Company reported that the volume of 6E (ruthenium, rhodium, palladium, osmium, iridium, and platinum) platinum group metals produced increased from 17.4 thousand ounces for Q3 FY14 to 33.5 thousand ounces for Q3 FY15. <..2015-07-07Gryphon Minerals Limited released the results of the Optimisation Study for the development of a 2 million tonne per annum heap leach start up operation at its flagship Banfora gold project in Burkina Faso.Results from the study demonstrated excellent project economics from optimisation of the start-up 2 million tonnes pe..2015-07-07Globe Metals and Mining Limited has received approval for its mining lease application from the Ministry of Natural Resources, Energy and Mining of Malawi for the Kanyika niobium project.The mining lease is subject to the conclusion of a Development Agreement, which will, once finalised, specify the conditions of operatio..2015-07-06The Blanket Mine in Zimbabwe, a 49% owned subsidiary of Caledonia Mining Corporation, has released its production update for the quarter ended 30 June 2015.Gold production for the Blanket Mine remains on track to achieve its target production of 42 000 ounces for 2015.2015-07-03Cardinal Resources Limited has released its drilling results from the Namdini Mining License in Ghana.The Company successfully completed its first drill hole located 400 metres north along strike at the Namdini mining license.Results from the drilling yielded 99 metr..2015-07-02South32 Limited has appointed Dr Xolani Mkhwanazi to serve as the Company’s new Non-Executive Director with effect from 02 July 2015.Dr Mkhwanazi has been serving as Chairman of BHP Billiton Limited’s South Africa operations since October 2008. He serves also, as the President and Chief Operations Officer of BHP Billiton’..2015-07-02Vast Resources Plc has released a progress update for the Pickstone-Peerless gold mine located in Zimbabwe.The first two blasts, one being at Pickstone open cast and one at the Peerless open cast pit, have been completed.The Company is currently building th..2015-07-02Coal of Africa Limited has advised that the sale and purchase agreement entered into with Blackspear Capital for the disposal of the Mooiplaats Colliery for R250 million will not be extended further and therefore will lapse.Coal of Africa is continuing discussions with various parties regarding the sale of the Mooiplaats asset, inc..2015-07-01Delrand Resources Limited has voluntarily delisted its common shares from the Toronto Stock Exchange after concluding that the disadvantages of maintaining its listing on the TSX outweighed the benefits for the Company and its shareholders.Ongoing costs and expenses, both direct and indirect associated with listing on the..2015-07-01Jubilee Platinum Plc has completed tranche 2 of the acquisition to acquire 100% interest in Pollux Investment Holdings (Pty) Ltd which holds the exclusive rights to the DCM platinum recovery project in Limpopo, South Africa.The DCM platinum recovery project is the benefication of the platinum group metals from the chrome ..2015-07-01Sula Iron and Gold Plc released its unaudited consolidated interim results for the six months ended 31 March 2015.During the period under review, the Company undertook an exploration programme that yielded high concentration levels of coltan along streams originating from deeper within its license area. During the gold exploration ..2015-07-01African Rainbow Minerals Limited and Assore Limited have reached a definitive agreement for Assore to acquire 50% interest in the Dwarsrivier chrome mine in South Africa.The Dwarsrivier chrome mine is currently owned and operated by Assmang (Pty) Limited, an equal joint venture between African Rainbow Minerals and Assore...2015-06-30Universal Coal Plc has released a trading statement for the quarter ending 30 June 2015 and reported that group EBITDA is expected to be 50% higher than the previous corresponding quarter.The expected increase in EBITDA is attributable to the Company achieving optimal run of mine production post the completion of the ramp up period..2015-06-30Rift Valley Resources Limited has received assay results from the Dalafuma and Dalafuma North West prospect area at the Miyabi gold project in Tanzania.The drill results included 23 meters at 4 .22 gram per tonne from 45 meters, 27 meters at 3.64 grams per tonne from 78 meters including 3 meters at 21.7 grams per tonne from 93 mete..2015-06-29Kumba Iron Ore Limited has announced the appointment of Andile Sangqu as a Non-Executive Director of the Company’s Board with effect from 29 June 2015.Sangqu is currently serving as the Executive Head of Anglo American South Africa and is now appointed on Kumba Iron Ore’s Board as a shareholder representing Ang..2015-06-29IMX Resources Limited has received a cash payment of $1.7 million from Loricatus Resource Investments, a subsidiary of Fig Tree Resources Fund II.The cash payment is the remainder of the first tranche of $2.0 million which is payable by Fig Tree Resources Fund under the joint venture agreement for the Ntaka Hill Nickel project loca..2015-06-29Black Rock Mining Limited has released an update on exploration activities currently underway at its Mahenge project located in Tanzania.The Company reported highly encouraging early stage results.Black Rock Mining drilled spectacular coarse flake graphite at Epanko ..2015-06-26Sephaku Holdings has released its audited financial results for the year ending 31 March 2015.The Company’s subsidiary Metier recorded a 36% increase in revenue from R571.5 million as reported for FY14 to R775.4 million for FY15 and a 39% increase in EBITDA from R100.0 million to R139.1 million. Metier’s Operating profit increased ..2015-06-24Keaton Energy Holdings Limited has released its reviewed provisional condensed consolidated results for the year ended 31 March 2015.Cash generated from operations increased by 29%, from R416.9 million achieved during FY14 to R536.9 million in FY15.Revenue ..2015-06-23Castle Minerals Limited and Dundee Precious Metals Incorporated have entered into a Heads of Agreement regarding two of Castle Minerals’ concessions in north west Ghana.Under the agreement, Dundee Precious Metals is able to earn up to an 80% stake in the two Wa South concessions. Dundee Precious Metals has agreed to provi..2015-06-23The Tanzanian Ministry of Energy and Minerals has granted Mozambi Resources a mineral right on three key tenements that make up the Nachingwea Graphite project.Wide zones of graphitic schist continues to be identified through recognisance mapping on the Nachingwea project. The priority target has an outcropping width of 1..2015-06-23Wescoal Holdings Limited has released its group annual results for the year ended 31 March 2015.Wescoal’s revenue increased by 46.0% to R1.67 billion. The Group reported a positive increase in margin percentage across both Miming and Trading. Cash generation increased by 101% and operational EBITDA grew 5.7% to R107 milli..2015-06-23Metals of Africa Limited has released results from its ongoing resource definition drilling programme at the Montepuez central graphite project in Mozambique.The drilling programme indicated high grade graphite mineralisation intersection and confirmed three mineralised prospects within the project-Buffalo, Elephant and L..2015-06-23AME East Africa Limited, a subsidiary of Savannah Resources Plc, has conditionally agreed to an unincorporated joint venture with Rio Tinto International Holdings Limited.Under the joint venture agreement, AME East Africa’s Mutumba, Dongane, Chilubane and Jangamo prospects will be combined with Rio Tinto International’s a..2015-06-22Predictive Discovery Limited has received AUD260 000 from Toro Gold Limited, its joint venture partner in Cote D’Ivoire.The payment was made following the resolution of several conditions precedent in a detailed Shareholder Subscription Agreement executed by Predictive Discovery and Toro Gold in H1 2015.2015-06-22Regency Mines Plc released an operational update on its agromineral exploration programme in Sudan.During the exploration programme a total of 72 dry stream, 18 soil orientation and 10 rock chip samples were collected from the concession area.The collected ..2015-06-18Erin Energy Corporation has commenced with production from the Oyo-7 well located in OML 120 offshore Nigeria.The well was drilled to a total depth of approximately 2 438 metres and was completed in the Pliocene formation. The Company expects that the Oyo-7 well will produce 7 000 barrels of oil per day, following optimis..2015-06-17Petra Diamonds Limited released its results for the year ended 30 June 2015.Petra Diamonds is currently in a transitional period due to underground production at the Finsch and Cullinan mines in South Africa, which are being sourced from mature and diluted mining areas, causing variability in run of mine grade as well as in product..2015-06-17Goldplat Plc has released an update relating to its gold recovery businesses and the significant progress each has made to counter the effects of Rand Refinery being unable to process certain by product material.Rand Refinery in South Africa, the Company’s third party refining partner, has been unable to process certain by products..2015-06-17Tawana Resources Nl has released an update regarding its Mofe Creek iron ore project located in Liberia.The Company has been granted approval to commence its exploration work programme on its exploration license, MEL1223/14. Tawana Resources will conduct further ongoing field mapping work to systematically assess remaining and addi..2015-06-15Anglo American Platinum Limited has released its trading statement for the six months ended 30 June 2015.The Group expects Headline Earnings and Headline Earnings per Share to be between R31 million or 12 cents per share, which is higher than the Headline Earnings and Headline Earnings per Share reported during six months..2015-06-15Assore Limited has announced the resignation of Robert John Carpenter as a Non-Executive Director of the Company’s Board with effect from 15 June 2015.Carpenter had been with the Group for 51 years, 29 years of which he was serving as a Director.Assore is a JSE list..2015-06-15Mustang Resources Limited has released an exploration update on its Save River diamonds project located in Mozambique.The Company’s appointed diamond geologist will evaluate and analyse results for its recent trial mining programme.Mustang Resources is continuing with the surf..2015-06-15Avocet Mining Plc released positive results from its drilling campaign at Souma in Burkina Faso.These are the first results to be released since the Company commenced with its drilling and metallurgical test work programme in April 2015.The progra..2015-06-15Auroch Minerals NL has announced positive results from a Preliminary Economic Assessment conducted on its Fair Bride gold project in Mozambique.The study has confirmed technical and economic viability, with a total gold production of 331 000 ounces over 7 years from an open pit and shallow underground mining, including a ..2015-06-15Wescoal Holdings Limited has entered into a new acquisition agreement with Mintirho Mining (Pty) Ltd after the first agreement entered into on 07 August 2014 lapsed.The acquisition of the mining right will enable Wescoal Holdings to extend the life of Intibane mine until the end of 2017...2015-06-12Tlou Energy Limited has commenced with drilling operations at its Selemo pilot area in Botswana.The Company’s objective for the expanded drilling programme at Selemo is to extend gas flow rates for a longer term.Tlou Energy’s underwritten non-ren..2015-06-12Rift Valley Resources Limited has released an exploration update for its Ozango project in Angola.The Company reported that trenching and bulk sampling of Longonjo rare earths prospect has been completed and rare earth metallurgical test work is currently in progress.The conce..2015-06-11Mwana Africa Plc has announced approved changes to its Board of Directors.Kalaa Mpinga has resigned as the Chief Executive Officer of the Company with immediate effect.Yat Hoi Ning, former Interim Non-Executive Chairman, has been appointed to serve as the Executive Chairman of..2015-06-11Mozambi Resources Limited has announced positive early results of geological mapping conducted at its Nachingwea graphite project in Tanzania.The Company reported that recognisance mapping at the Nachingwea graphite project identified wide zones of graphitic carbon on the first two tenements explored to date...2015-06-11African Potash Limited has entered into discussions with the ACTESA agency of the Common Market for Eastern and Southern Africa with a view to creating a vertical platform for the mining, production and distribution of fertiliser, focussed on the Eastern and Southern Africa region and beyond.The Company was identified as a potentia..2015-06-10Kibo Mining Plc has commenced its joint venture programme with Metal Tiger Plc at the Morogoro gold project in Tanzania.The Company reported that initial exploration work will investigate gold mineralisation anomalies that were previously identified, the work will include assay testing of existing samples for gold and multi-element..2015-06-10Impala Platinum Holdings Limited has announced the appointment of Dr Mandla Gantsho as the new Independent Non-Executive Chairman with effect from 21 October 2015.Dr Gantsho has been serving as an Independent Non-Executive Director of the Company since his appointment in August 2010. In addition, he is currentl..2015-06-10Pan African Resources Plc has released an update regarding the transaction agreements between Shanduka Group (Pty) Ltd, which holds 23.86% of the issued share capital of the Company, and the Pembani Group (Pty) Ltd.Requisite regulatory fillings have been submitted to merge the two entities and the merger is subject to regulatory an..2015-06-09Samancor Manganese joint venture Manager, South32 Limited, has delayed the restart of three of the four high-carbon ferromanganese furnaces at the Metalloys manganese alloy operation in South Africa.The Company’s decision to delay the restart follows a decline in high-carbon ferromanganese alloy prices by 20% since the beginning of..2015-06-09Firestone Energy Limited has applied for an extension to its voluntary suspension of its securities which is due to expire on Wednesday 10 June 2015.The extension is to allow time for The Waterberg Coal Company Limited, its parent company, to finalise a proposed third party funding arrangement to replace its existing funding arrang..2015-06-09Burey Gold Limited released its drilling results for additional 16 holes drilled at the Giro gold project in the Kilo-Moto Belt located in the Democratic Republic of Congo.Significant results from the drilling included: 47 metres at 4.13 g/t gold from 25 metres including 29 metres at 5.93 g/t gold from 25 metres from hole..2015-06-09Cardinal Resources Limited has commenced with the Phase 1 and Phase 2 drill programmes within the Namdini mining license area in Ghana.The drill programme will test approximately three times the additional strike length than what the Company drilled previously. The Company has planned 32 Reverse Circulation holes at 50 by 50 spacin..2015-06-08DiamondCorp Plc has placed 31 837 000 new ordinary shares of 0.1 pence each in the Company at 10 pence each to raise gross proceeds of approximately £3.18 million.The oversubscribed placement was undertaken with a range of new and existing institutional and private investors in both the UK and South Africa.<..2015-06-08Excalibur Mining Corporation Limited has entered into an agreement with Maybach Mining Services and Pinto Minerals Limited to conduct a due diligence on a Manganese deposit in early stage production in Zambia.The Company and Pinto Minerals have agreed to buy and Maybach Mining Services’ shareholders have agreed to sell 75% of their..2015-06-08Ortac Resources Limited has announced that, following a Secured Convertible Loan Note and Call Option Agreement entered into with Zamsort Limited, the Company’s Chief Executive Officer, Vassilios Carellas, has joined the Board of Zamsort as a Director.Carellas’ appointment will involve an executive management role in the operations..2015-06-04Sierra Rutile Limited has entered into an agreement with Carmanor Limited to grow its agriculture subsidiary, African Lion.The Company reported that Carmanor will earn-in to African Lion in return for fully-funding the expansion of African Lion's palm oil, rubber and cacao plantations over 2 500 hectares and the cons..2015-06-03Acacia Mining Plc has commenced with stoping operations ahead of schedule at the Gokoma underground at North Mara in Tanzania.The Company delivered the first ore to the process plant, which has demonstrated the expected geotechnical characteristics and delivered both grade and ore tonnes in line with the mine plan.&nb..2015-06-03KEFI Minerals has released an update on its Definitive Feasibility Study for its Tulu Kapi gold project in Ethiopia.The Company anticipates capital expenditure requirement of $120 million ounces, based on contract-mining and new process plant. This excludes historical equity-funded costs of over $50 million.&..2015-06-03Harmony Gold Mining Company Limited has released an update on its Doornkop mine restructuring in South Africa.