Economic analysts believe that the industrial sector is set to benefit from planned expansions of existing diamond, gold, and tin mining operations; the possible resuscitation of mothballed zinc, copper, and uranium mines; and the development of new ‘battery mineral’ mines. Namibia’s prospects look more positive as growth is expected to …
Read More »Osino completes deal to purchase Ondundu gold
Osino Resources president and CEO Heye Daun believes that Osino’s purchase of the Ondundu Gold project in Namibia presents a highly accretive transaction for the company. The Canadian gold mining firm has signed a $15.2m deal to acquire the Ondundu gold exploration property in Namibia from B2Gold. Osino will purchase …
Read More »A hunch turns into largest gold discovery for Osino Resources
Osino Resources, a Toronto-listed mining company, has just released a preliminary economic assessment (PEA) for its Twin Hills gold discovery in Namibia, and it’s a beauty. What began as a near-hunch for CEO Heye Daun and his team has grown into the largest gold discovery in southern Africa in recent …
Read More »B2Gold explains the decrease in production forecast for 2021
B2Gold has revealed that its decrease in 2021’s production forecast is attributable to lower expected production from Fekola in 2021 (as Phase 5 and 6 of the Fekola Pit are developed in the first half of 2021), partially offset by an expected overall 16% increase in production from Otjikoto. The …
Read More »Mining sector’s evolution is in tandem with global demand for increased responsibility and sustainability.
The expectations and priorities of a modern-day investor in the mining sector have significantly changed in line with global demand for more responsible and sustainable extraction of mineral resources. ESG, referring to the performance of investment portfolios against Environmental, Social and Governance (ESG) standards, has firmly established itself across the …
Read More »Goldfields innovation protects underground mine access
World-leading autonomous solutions specialist RCT has fulfilled requests from mining clients and devised a unique warning system designed to prevent oversized equipment from getting stuck inside underground mining portals. Staff from RCT’s branch in Kalgoorlie, Western Australia were separately approached by two major mining clients in the Goldfields and asked …
Read More »Osino Resources announces recommencement of Twin Hills Drill Program
Osino Resources Corp. announces the re-commencement of its 20,000m drill program and provides an update regarding the impact of COVID-19 related restrictions. The work program will re-commence on May 5, 2020, with diamond drilling and the IP survey at Twin Hills Central getting underway shortly after. Due to COVID-19, Osino’s …
Read More »Osino Resources pulls off a major gold find
Right under our noses, Osino Resources – managed primarily out of South Africa and listed in Canada – has pulled off a potentially stunning gold find in Namibia. Osino raised $15 million (R276 million) from Canadian investors in January, sufficient to complete its exploration programme within the next 18 months. …
Read More »B2Gold throw weight behind rhino conservation initiative
Canadian gold miner B2Gold Corp has shown its support for the black rhino conservation initiative in Namibia by donating 1000 oz of gold to support the initiative and the communities that protect them The gold donation is valued at approximately US$1.5 million. B2Gold’s Rhino Gold Bar initiative was recently launched …
Read More »Dundee invests in Ecuador-focused INV Metals
Canada-based international gold mining company Dundee Precious Metals (DPM) has invested C$10-million in Ecuador-focused INV Metals, which is advancing the Loma Larga project. DPM’s investment, which formed part of a C$15.6-million private placement at C$0.40 a share, has turned the company into a strategic shareholder in INV, representing a 19.5% …
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