2015-11-19Petmin Limited has released its operational update for the quarter ended 30 September 2015.Production of metallurgical anthracite for the quarter increased by 4% to 352 179 tonnes (2014: 340 010 tonnes). Sales volumes increased by 29% to 355 201 tonnes (2014: 276 396 tonnes) as demand for Somkhele anthracite products rema..2015-11-16SacOil Holdings Limited, through its subsidiary Mena International Petroleum Company Limited, commenced with drilling of the Lagia 11 well on 13 November 2015, at its 100% owned Lagia oil field in Sinai, onshore Egypt.The drilling forms part of the Phase 2 field development operations.
<..2015-11-12Sentula Mining Limited has released its trading statement for the six months ended 30 September 2015.A review of the financial results for the period by management has indicated that the basic loss per share (“LPS”) is expected to be between 5.32 cents and 5.99 cents, reflecting a decrease in the loss of between 60.0% and..2015-11-11Exxaro Resources Limited has released its trading update for the year ended 31 December 2015 and will release its reviewed annual financial results for the year ending 31 December 2015 on 3 March 2016.The group’s net operating loss reported for the year ended 31 December 2014 is expected to improve by at least R658 million (20%) fo..2015-11-11Impala Platinum Holdings Limited has announced the resignation of Brett Nagle as a Non-Executive Director of the Board of Directors of the Company with immediate effect.The Board expresses its appreciation to Nagle for his contribution during his tenure and wishes him well in his future endeavours.&..2015-11-11Gem Diamonds Limited has released its trading operational and sales performance update for the period ended 30 September 2015.Letšeng:Prices firm, costs down and production up-Revised 2015 pro..2015-11-11SacOil Holdings Limited has released a trading statement for the six month period ended 31 August 2015.As previously reported, the Group has embarked on a turnaround strategy driven by the rationalisation and balancing of the Group’s existing portfolio of assets to reposition the Group. The impact of these activities on t..2015-11-10Jubilee Platinum Plc commences with construction of its surface platinum project.Highlights:- Jubilee has commenced with construction of the processing facility for its Platinum Processing Project- &..2015-11-02Lonmin Plc announced its production results for the 3 and 12 months to 30 September 2015.This follows Lonmin’s year-end trading update, business plan and funding strategy released on 21 October 2015.As announced on 21 October 2015, Lonmin is taking decisive action to..2015-10-30Impala Platinum Holdings Limited has released its production report for the first quarter ended 30 September 2015.Safe production remains our principle priority and is a key component in delivering on the Group’s strategic objectives. Regrettably, an employee passed away in a fall-of-ground incident at the jointly-managed..2015-10-29Resource Generation Limited has released a quarterly report update for the three month period ended 30 September 2015.Negotiations continued during the quarter with various parties to provide project finance for the construction of the Boikarabelo mine.One of these p..2015-10-26Oando Plc released its results for the six months ended 30 June 2015.Financial Highlights:- Turnover decreased by 7%, N180 billion compared to N194.6 billion (H1 2014)- &am..2015-10-21Wescoal Holdings Limited released its unaudited condensed consolidated interim results for the six month period ended 30 September 2015.- Elandspruit mine operational and proven expected production capacity and quality as anticipated.- Trading division’ operating EBITDA at R28,..2015-10-21Lonmin Plc has released a trading update for the year ended 30 September 2015.On an unaudited basis, Lonmin's sales of platinum exceeded its guidance for the year ended 30 September 2015, achieving sales of 751,560 platinum ounces compared to forecast guidance of 730,000 platinum ounces.2015-10-21Base Resources Limited released a quarterly operational update at its Kwale Mineral Sands Operations located in Kenya, East Africa.With the consistent achievement of design availabilities and throughputs in both the wet concentrator plant (“WCP”) and mineral separation plant (“MSP”) and recoveries in the WCP, the focus r..2015-10-20Northam Platinum Limited has concluded a three year wage agreement between mining contractor, Murray and Roberts Cementation and its representative unions, the Association of Mineworkers and Construction Union, the National Union of Mineworkers and Solidarity across MRC operations.This agreement will consequently be appli..2015-10-19Royal Bafokeng Platinum Limited has released its quarterly review and production report for the period ended 30 September 2015.Key features- Tragically one scraper winch related fatal accident ..2015-10-16Rockwell Diamonds Incorporated has released its financial results for the three month period ended 31 August 2015.Highlights:- Rockwell continued to make progress with its promised restructuring..2015-10-15Keaton Energy Holdings Limited has released its first half production update for the half year ended 30 September 2015.Vanggatfontein reported a LTIFR of 0.38 (H1 FY2015: 0.04) and Vaalkrantz a LTIFR of 0.17 (H1 FY2015:0.12). Safety remains a management focus area and Keaton Energy continues to strive for a zero harm envi..2015-10-14Pan African Resources Plc has concluded wage negotiations at its gold mining operations and entered into multi-year agreements with the unions representing employees.Barberton Mines has concluded a two-year agreement with the National Union of Mineworkers and the United Association of South Africa ("UASA") on wa..2015-10-14Kibo Mining Plc has significantly improved financials for the Mbeya Coal to Power Project's ("MCPP") coal mine component.The Company and its advisers Minxcon Projects have now completed a financial optimization study for the MCPP coal mine, based on feasibility results received to date.2015-10-09Tharisa Plc released its production report for the three month period ended 30 September 2015.Optimal waste and inter-burden removal was a key focus area in this quarter to ensure that sufficient reef in the required blend was available for processing. This focus, together with the re-opening of the West Pit, contributed ..2015-10-08Botswana Diamonds Plc released an update on their joint venture drilling programme on license PL 210 in the Orapa region of Botswana.A three hole drilling programme has been completed. The programme targeted an anomaly discovered by Alrosa using their Transient Electromagnetic Method (TEM) reinforced by soil sampling which had earl..2015-10-08Centamin has released its preliminary production results for the quarter ended 30 September 2015 from its Sukari Gold Mine in Egypt.Preliminary total gold production for the quarter was 105 413 ounces, a 13% increase on Q3 2014 and in line with production in the second quarter 2015. Full year production guidance of betwee..2015-10-07Giyani Gold Corporation released its interim financial statements for the six months ended 30 June 2015.The Company had a net loss of $1,431,089 for the six months ending June 30, 2015, compared to a loss of $1,667,150 for the previous period.Corporate, general and administrat..2015-10-06Mozambi Resources Limited has announced that a Reverse Circulation drilling rig has been mobilised to site and drilling has now commenced at Chiwata prospect located in Tanzania.Drilling will be targeting large and jumbo flake graphite confirmed in ground assays on the 13th of August 2015. The Company planned a 1 800m RC drilling p..2015-10-06Bounty Oil and Gas NL has announced that that the Tanzania Petroleum Development Corporation has notified Aminex Plc, the joint venture operator, of its intention to a 5% working interest in the Kiliwani North Development License and will become a full working interest partner going forward.Under the terms of the Nyuni Ea..2015-10-05Erin Energy Corporation has released an Operational Updates regarding oil discovered in place of approximately 500 MMbbls offshore Ghana.The Company announced that the resource volume assessment of the three previously discovered fields (Tano North, Tano West, and Tano South) has been completed in the Expanded S..2015-10-05Jubilee Platinum Plc announced that on 30 September 2015 it formally transferred ownership and related risk and benefit in 100% of the issued shares in Jubilee Smelting and Refining Proprietary Limited, the owner of the Middelburg Smelter and 70% of the issued shares in Power Alt Proprietary Limited, the owner of the Power Plant for a combined consideration of R 110.5 million.2015-10-02Harmony Gold Mining Company Limited has reached a three year wage agreement with the National Union of Mineworkers, UASA and Solidarity, effective from 1 July 2015. Increases range from 6% for miners, artisans and officials to 10.4% for category 4 employees.The new increase will ensure that all category 4 to 8 employees and B-lower..2015-10-01Black Rock Mining Limited has announced highly encouraging results from the next two drill holes at the Cascade prospect at the Mahenge project located in Tanzania.These results reiterate that Cascade has the potential to be both larger in size and higher in grade than the recently drilled Epanko north prospect. Drilling ..2015-10-01Mozambi Resources Limited has announced that results from the ground electromagnetic (EM)survey at Chiwata confirm conductive targets along strike from the known graphite mineralisation.Results of the survey will be used to help target the holes in an upcoming drilling programme. Survey results indicate that graphite mine..2015-10-01Ferrum Crescent Limited has released its final results for the year ended 30 June 2015.Highlights- Drilling campaign completed to investigate the extent of Zone D at Moonlight Deposit andprovide informati..2015-09-28Goldplat Plc has released its preliminary results for the year ended 30 June 2015.Overview• Focused on growth of market-leading gold recovery operations in South Africa and Ghana, with additional ups..2015-09-23Goldplat Plc has announced further progress on capital projects aimed at improving the production and efficiency of its gold recovery operations in South Africa, Goldplat Recovery (Pty) Limited and an update at its Kilimapesa gold mine located in Kenya.Goldplat Recovery capital projects<..2015-09-23Edenville Energy Plc has released an update concerning its Mining License Application for the Rukwa coal project and recent discussions with potential EPC (Engineering, Procurement and Construction) partners in Tanzania.The submission of the Mining Licence Application to the Tanzanian Ministry of Energy and Minerals (MEM..2015-09-23Vast Resources Plc has commenced with production at its 584 hectare Pickstone-Peerless gold mine in Zimbabwe, with its first gold smelt producing 8.5 kilogram of gold bullion, which will be delivered to the Fidelity refinery in Harare.This milestone follows the maiden sale of approximately 450 tonnes of copper concentrat..2015-09-22Coal Of Africa Limited has successfully completed the shareholder approved share placement to Yishun Brightrise Investment PTE Limited.The 183 231 261 ordinary shares were issued to Yishun, at 5.15 pence per share, in terms of the subscription agreement entered into between the Company and Yishun in relation thereto and raised £9 4..2015-09-22Syrah Resources Limited has released an update regarding its development activities at the Balama project located in Mozambique.During September 2015, the Company successfully completed a fully underwritten AUD211 million capital raising to advance the development of the Balama project. A Feasibility Study compl..2015-09-18
Petra Diamonds Limited has released its preliminary results for the year ended 30 June 2015.Financial Highlights2015-09-18The Waterberg Coal Company Limited has requested an extension to its current voluntary suspension in the trading of its securities due to expire on 21 September 2015.On 17 September 2015, The Waterberg Coal Company Limited has entered into a non-binding term sheet with Sibanye Gold Limited. Whereby, in..2015-09-17Kibaran Resources Limited has announced that the completion of the Company’s updated production growth strategy for its flagship projects in Tanzania in East Africa has resulted in a significant increase in potential graphite concentrate tonnages per annum.The new work has confirmed that Kibaran Resources’ Epanko and Mere..2015-09-17FAR Limited and its Senegal joint venture partners have begun a new 3D seismic survey over its Sangomar Deep, Sangomar and Rufisque permits, offshore Senegal.The Polarcus Adira 3D seismic vessel will acquire data in the north and east parts of the permits along trend from existing mapped prospects where there is currentl..2015-09-17Atlatsa Resources Corporation has advised that, together with its joint venture partner, Anglo American Platinum Limited, has determined to implement a restructure plan at Bokoni Platinum Mine Proprietary Limited, located in South Africa.The Bokoni Mine remains in development with its key Middelpunt Hill UG2 and Brakfontein Merensk..2015-09-16Eastern Platinum Limited has announced that the Competition Authorities of South Africa has granted unconditional approval for the transaction whereby Hebei Zhongbo Platinum Co. Limited will acquire the Company’s entire platinum group metals (“PGM”) business and all investments and loan agreements that Eastern Platinum has with its subsidiary companies.
&..2015-09-16Pan African Resources Plc has released its provisional audited results for the year ended 30 June 2015.
&..2015-09-16Paragon Diamonds Limited has announced the results of two independent studies carried out by The MSA Group on the Mothae Kimberlite Project located in Lesotho, that Paragon is in the process of acquiring.The conclusions exceed management’s initial expectations, as detailed in the announcement of 5 May 2015, that Mothae represents a..2015-09-16Gem Diamonds Limited has announced the sale of an exceptional 357carat white diamond (recovered at the Letšeng mine in July 2015) which achieved $ 19.3 million on tender in Antwerp.Chief Executive Officer Gem Diamonds, Clifford Elphick, commented, "The Letšeng mine has produced two remarkable +300 carat diamonds during the yea..2015-09-15Central Rand Gold has released its unaudited condensed consolidated Interim Results for the six month period ended 30 June 2015.The loss before interest, tax and depreciation for the period under review amounted to US$0.7m, which is a significant improvement on prior year period operational loss of US$2.6m.2015-09-14Delrand Resources Limited has announced that further to its 19 August 2015 press release, its common shares will begin trading on NEX, a separate board of the TSX Venture Exchange on 14 September 2015.As previously announced, the voluntary delisting of the Company’s common shares from the Toronto Stock Exchange will be ef..2015-09-14Botswana Diamonds Plc has released an exploration update regarding its activities in Botswana.A 7-person Russian team of geologists and mineralogists has arrived in Botswana and work is now underway on Prospecting Licenses PL206, PL 085 and PL210.On PL 206, heavy co..2015-09-11Buffalo Coal Corporation announced that further to its press release dated 22 May 2015, has applied for a voluntary delisting of its common shares on the Toronto Stock Exchange and expects to submit an application for the listing and posting of the Common Shares on the TSX Venture Exchange (TSXV).The Company believes that listing t..2015-09-10ArcelorMittal South Africa Limited has announced the appointment of Neville Nicolau as an Independent Non-Executive Director of the Board with affect from 10 September 2015 and the appointment of Lungile Cele as an Independent Non-Executive Director of the Board with effect from 04 January 2016.Nicolau holds a BTech in Mi..2015-09-09Glencore Plc has commenced with a review of the business, operations and expenses of its 74.4% owned subsidiary, Katanga Mining Limited, as well as its Mopani copper mines.These reviews are underway due to the current challenging environment for commodities.The Company reporte..2015-09-08Magnis Resources Limited has been granted a Special Mining License by the Ministry of Energy and Minerals of Tanzania for the Nachu graphite project.The license approval will enable the Company to finalise funding arrangements for further project developments. The Company reported that the license was granted to..2015-09-08Petmin Limited has announced that Lebo Mogotsi, current Executive Deputy Chairperson, will serve as the Non-Executive Deputy Chairperson with effect from the Company’s 2015 Annual General Meeting.Subsequent the conclusion of the Annual General Meeting, Mogotsi will no longer serve as an executive member of the Company. Furthermore,..2015-09-08Gemfields Plc has released results from its auction of higher quality rough emerald extracted by its 75% owned subsidiary, Kagem Mining Limited as well as higher quality amethyst extracted from Kariba Minerals Limited, a 50% owned subsidiary, both operations are located in ZambiaThe Company reported that the em..2015-09-08West African Resources Limited has released results from its first-pass shallow oxide Reverse Circulation drilling conducted at the M3 prospect, in the Tanlouka gold project, located in Burkina Faso.Drilling confirmed shallow high-grade oxide mineralisation of 32 metres at 5.02 g/t gold including 13 metres at 7 g/t gold f..2015-09-07The Waterberg Coal Company Limited has requested an extension to its voluntary suspension in the trading of its securities due to expire on 7 September 2015.The Company is currently seeking for an extension in order to finalise a proposed third party funding arrangement to replace its existing funding facility with Standard Bank of..2015-09-04Predictive Discovery Limited has released an update on its activities in West Africa.The Company reported that an exploration target near the Bongou gold deposit in Burkina Faso has been calculated on drilled prospects demonstrating a range of approximately 9.4 to 10.4 million tonnes averaging between 1.5 to 1.7 g/t gold ..2015-09-03ArcelorMittal South Africa Limited is currently engaging with its stakeholders, Government and organised labour to review its Vereeniging works, in South Africa.The Company continues to engage in discussions around whether to mothball some of the plants and place others under care and maintenance.&l..2015-09-03Shanta Gold Limited has released its interim results for the six month period ended 30 June 2015.Strip ratios and future mining costs relating to the Bauhinia Creek and Luika pits, located in Tanzania, have been significantly reduced due the redesigning and re-optimising of the pits. The redevelopment of the pits had reduced ore pr..2015-09-03African Potash Limited has entered into a Memorandum of Understanding with a Malawian fertiliser company to supply over 50 000 tonnes of fertiliser.The agreement follows the announcement of the landmark trading agreement with the Common Market for Eastern and Southern Africa (COMESA ACTESA) and the Mask Africa Crowd Farm Fund Limit..2015-09-03Atlatsa Resources Corporation remains unsure of when its interim financial results for the three and six months ended 30 June 2015 will be released due to the uncertainties surrounding its operations, financial condition and the state of commodity markets.The Company remains in discussions with Anglo American Platinum Limited surro..2015-09-03Lonmin Plc has released an update on the steps taken to reduce the company’s cost base and underpin its ability to remain sustainable with the depressed platinum price.To date 1 400 employees have left the Company and Lonmin’s cash costs as at 31 July 2015 were R10 499 per ounce of platinum group metals, below the cost guidance of ..2015-09-03Sable Mining Africa has advised shareholders that it has completed the Delta Mining Consolidated Limited transaction as well as an additional sale of a non-core asset in Liberia.As previously announced, Sable Mining Africa has sold its 63.5% stake in Delta Mining Consolidated Limited to Anglo African Capital Limited for a cash cons..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..2015-09-01Malawi Ministry of Natural Resources, Energy and Mining has concluded an agreement with Globe Metals and Mining Limited, to provide exploration and mining access rights to the Katengeza graphite prospect.The Company reported that the Malawi Ministry of Natural Resources, Energy and Mining removed a significant section of..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.
- The group headline earnings in ZAR terms was R213.6 million (2014: R452.0 million) and in GBP terms was GBP11.9 million (2014: GBP26.8 million).
..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.