News

Deep Yellow’s broad delineation drilling in the Tumas 1 East area on EPL3497 has been completed indicating extensive uranium mineralisation. “Our work on the Reptile Project is again confirming the very high prospectivity of the Tumas palaeochannel system that has been identified. The new zone of mineralisation that has been …

TSX-listed Trevali Mining has lowered its zinc and lead production guidance for the Caribou mine in Bathurst, New Brunswick, but the company remains on track to achieve its consolidated zinc production guidance. The Caribou mine’s zinc guidance has been lowered from a range of 86-million to 90-million pounds, to between …

Global innovator in the bulk material handling industry Martin Engineering has developed new cleaning technologies for applications where space for installation is limited. According to the company, the latest SQC2STM RM (Reduced Mini) Cleaner is a compact secondary belt cleaner allowing installation in close quarters, built with a narrow profile …

Australian mining company Celsius Resources this week provided an update on ongoing exploration activities at its 95% owned Opuwo Cobalt Project in the country. In a statement on the company’s website, Celcius said that a zone of higher grade cobalt mineralisation is apparent in the latest drilling results, and is …

Rio sells uranium stake Rössing Uranium mine Rio Tinto has plans to offload its stake in Rössing Uranium Mine to China General Nuclear Power Company (CGNPC). Though the mining giant has not officially acknowledged the negotiations with CGNPC, energy minister Simeon Negumbo has confirmed the development to media. Rio has …

CXT Explore is one of the most innovative products to come from Konecranes recently. According to the company, the product is a combination of a 6.3T mobile overhead crane, travelling on a gantry, supported by two sturdy containers which make for fully equipped workshop that can literally be set up …

New solar plant expected to be completed by end of August, in combination with an efficient energy storage system will supply Chobe Water Villas with clean energy at a competitive price. Owned and operated by O&L Leisure, a subsidiary of the Olthaver & List Group, is currently off-grid and relies …

Weatherly International has outlined a recovery plan for its Tschudi Copper mine in Namibia, following significant water ingress on 11 May 2018. The recovery strategy and expenditure plan, which will require a capital investment of N$14,300,000, has been approved and work is underway to increase pumping capacity to lower and …

De Beers Canada has entered into an agreement to acquire 100 per cent of the outstanding securities of Peregrine Diamonds, owner of the high quality Chidliak diamond resource located in Canada’s Nunavut Territory. The Chidliak resource was discovered in 2008 and is located approximately 120 kilometres northeast of Iqaluit on …

De Beers has announced that rough diamond production for the second quarter of the year, increased three per cent to 9.0 million carats, reflecting production increases to meet stronger demand as well as the contribution from the ramp-up at Gahcho Kué. In Botswana, the group’s company Debswana’s production increased six …