IRON ORE AND MANGANESE
Iron ore from northern Sweden to U.S.-Mexican project
The company, a subsidiary of mining giant LKAB, will from February start shipping MagnaDence to a pipe coating facility in Altamira, Mexico. The iron ore product will form a key component in the 800 km long Sur De Texas-Tuxpan...
COPPER
CuDeco awards Rocklands copper mining contract to Andy’s Earthmovers
Queensland-based copper producer CuDeco has awarded Andy’s Earthmovers the mining contract to resume Stage 1 of production at Australia's Rocklands Copper Mine. Andy’s Earthmovers was given an initial Phase-1, six-month fixed-rate contract for...
PLATINUM
Northam Platinum buys Eland mine from Glencore
Northam Platinum’s strategy of buying additional mines, as its strives to become a 1-million ounce a year platinum group metals producer, netted it Glencore’s Eland Platinum mine for R175m cash. As part of the agreement, Glencore will have exclusive...
GOLD
Algold further advances towards a mining lease on the Tijirit Gold Project
ALGOLD RESOURCES LTD is pleased to announce that the Mauritanian Ministry of Environment and Sustainable Development has provided a conclusive acceptance and opinion regarding the Environmental Feasibility of the Tijirit Gold Mine Project, a key step in Algold's strategy...
DIAMONDS
Rockwell Diamonds Finalizes Sale of Remhoogte and Saxendrift Mines
As announced in December 2016, junior miner Rockwell Diamonds signed an agreement to sell "none-core assets" - the Remhoogte and Saxendrift mines - to Nelesco Proprietary 318 for US$3.48 million (ZAR45m); it has now been completed. The sale and...
GOLD
GoldMining Inc. Named to 2017 TSX Venture 50 of Top-Performing Companies
GoldMining Inc. is pleased to announce it has been named to the 2017 TSX Venture 50, an annual ranking of top-performing companies on the TSX Venture Exchange over the last year. The Company was ranked second overall in the...
DIAMONDS
Lucara Diamond Posts Record Sales in 2016: $295.5M at $824/Carat
Lucara Diamond Corp., which runs the Karowe Mine in Botswana and holds multiple exploration licences in the region, reports record earnings - and dividends - for the year 2016. Revenues increased 32% to $295.5 million from $223.8 million in...
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