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Mining
Share Price Tumbled As Metminco Bails On Nickel Acquisition
October 30, 2018 05:27 AM AEDT| By Team Kalkine MediaSending its share price down 14 percent in morning trade to $0.3, explorer Metminco has bailed on its acquisition of the Jejevo Nickel Project in the Solomon Islands. Since signing an agreement to buy private company Sunshine Minerals, Metminco (ASX:...
Investors Are Bailing Out Of Gold Miner Gascoyne Resources
October 30, 2018 03:06 AM AEDT| By Team Kalkine MediaAfter the appointment of new chairman, there was an update that the managing director who served the organization for a very long period has departed suddenly the last week. Ian Murray, who joined the company this month as a non-executive chairman ha...
Resolute Adds To US$ Gold Hedges 30,000 Ounces Forward Sold At US$1,250/Oz To Mitigate Risk Of US$ Revenues From Syama Gold Mine
October 29, 2018 09:33 AM AEDT| By Team Kalkine MediaResolute Mining Limited (Resolute or the Company) (ASX: RSG) made an announcement regarding the agreement to forward sell an additional 30,000 ounces of gold scheduled to deliver on a monthly basis from the January 2019 to June 2019 at an average pri...
Explaurum Limited’ Shares Decline After Receiving Green light from the board for Strategic Alliance with Alkane Resources.
October 29, 2018 09:08 AM AEDT| By Team Kalkine MediaOn 29 October 2018, Explaurum Limited (ASX: EXU) announced that Alkane Resources Ltd (ASX: ALK)? has agreed to make a strategic investment in Explaurum, subject to Explaurum shareholder approval. The Directors of Explaurum Limited have unanimously re...
African Underground Mining Services (AUMS) – Award of US$375 Million Contract at AngloGold Ashanti’s Obuasi Project
October 29, 2018 07:04 AM AEDT| By Team Kalkine MediaAfrican Underground Mining Services (AUMS) project is a 50:50 joint venture between Ausdrill Limited (ASX: ASL) and Barminco Holdings Pty Limited (?Barminco?). The group is happy to announce the award of a US$375 million underground mining services c...
Independence Group Share Price Marginally Uplifted After The Release Of September Quarter Activities Reports
October 29, 2018 05:42 AM AEDT| By Team Kalkine MediaOn 29 October 2018, Independence Group NL (ASX: IGO) released its September quarter activities reports, following which the share price of the company uplifted by 0.758 percent. As per IGO?s Managing Director & CEO Mr. Peter Bradford, the first...
Lynas Application For The Reuse of NUF Material Is Accepted By The Regulatory Authorities Of Malaysia
October 29, 2018 05:32 AM AEDT| By Team Kalkine MediaLynas Corporation Limited (ASX: LYC, OTC: LYSDY) shares an update in regards to the solid residue known as NUF for which there was an ASX announcement made on 17 October 2018. Lynas had applied for the license for the management and disposal of NUF f...
Graphex Mining’s Move On Funding Of Chilalo
October 29, 2018 05:27 AM AEDT| By Team Kalkine MediaGraphex Mining Limited (ASX: GPX) is an Australian company engaged in the exploration and development of the mineral resources, strongly focused on Chilalo Graphite Project located in the south-east Tanzania. Being a host to high-grade mineral resour...
First Zinc Concentrate Shipment From Century Mine Underway: New Century Resources
October 29, 2018 04:27 AM AEDT| By Team Kalkine MediaAfter getting back on work, Century mine releases its first shipment of zinc to China. In the announcement to Australian Securities Exchange, New Century Resources Limited (ASX: NCZ) today announced the completion of zinc concentrate loading at Karu...
Perseus Mining Slips On Sissingue’s Update
October 29, 2018 03:45 AM AEDT| By Team Kalkine MediaPerseus Mining Limited (ASX:?PRU) published the recent updates on estimates of Mineral Resources, Mineral Reserves and Life-of-Mine Plan for its Sissingu? Gold Mine in C?te d?Ivoire on October 29, 2018. The recent exploration program has replaced the...
Ausmex Mining Shares Mounted After Discovering Two Additional High-Grade Gold Systems In Golden Mile Project
October 26, 2018 10:40 AM AEDT| By Team Kalkine MediaOn 26 October 2018, Ausmex Mining Group Limited (ASX: AMG) announced that it has discovered two additional high-grade gold systems within the Golden Mile project. The Shamrock and Mt Scheelite which are high-grade gold and tungsten mines were never b...
St Barbara Inks Forward Gold Contract For 2020
October 26, 2018 07:33 AM AEDT| By Team Kalkine MediaSt. Barbara Limited (ASX: SBM) closed a forward gold contract on Friday for a total of 50,000 ounces of gold at a forward price of A$1,809 per ounce. The forward contract would protect the company?s interest from short term price fluctuations in gol...
Evolution Mining Shares Tumbled On ASX Despite Receiving Approval For GRE46 Exploration Decline
October 26, 2018 06:44 AM AEDT| By Team Kalkine MediaOn 26 October 2018, Evolution Mining Limited (ASX: EVN) announced that its Cowal Gold Operation near West Wyalong in NSW has received regulatory approval from the NSW Department of Planning and Environment (DP&E) to initiate construction of the G...
Explaurum Limited Provides Misleading Statement In Its Target Statement To Ramelius
October 26, 2018 06:27 AM AEDT| By Team Kalkine MediaRamelius Resources Limited (ASX: RMS) sent an application to the Panel to share the information about the activities going at Explaurum Limited. RMS is currently bidding for 100% shares of Explaurum for consideration of 1 Ramelius share for every 4 E...
Lynas Achieved A Record Operational Performance In Q1 FY19
October 25, 2018 04:31 PM AEDT| By Team Kalkine MediaThe quarterly report of Lynas Corporation Limited (ASX: LYC) is published now which states that the company has achieved a record operational performance in Q1 of FY19. The company reports the cash flow of A$32.8 million from the operating activities...
Kidman Is In Talking To Receive Over $100 Million Funds From Partner SQM
October 25, 2018 09:03 AM AEDT| By Team Kalkine MediaAfter estimating the project capital cost of US$601 million at the start of this week, Kidman is currently in talking to receive the funds from Chile based joint venture partner Sociedad Quimica y Minera (SQM). The funding intends to partially suppo...
Whitehaven Coal Appoints Xenith Consulting For Estimating Coal Resources At Winchester
October 25, 2018 08:15 AM AEDT| By Team Kalkine MediaAfter completing the acquisition of 75% interest in Winchester South Project from Rio Tinto in June 2018, Whitehaven Coal Limited (ASX: WHC) has today announced the mining consultant commissioned for the project. As per the statement, Xenith Consult...
Let’s Take A Look At Wodgina Site
October 25, 2018 08:05 AM AEDT| By Team Kalkine MediaWodgina site is 100% owned by Mineral Resources Limited (ASX: MIN). The presentation of the Wodgina site highlights the occupational health and safety of the company. The company believes that safety is the most important criteria which lays foundati...
Barminco Bags Four Years’ Contract Extension With IGO
October 25, 2018 07:23 AM AEDT| By Team Kalkine MediaAusdrill Limited (ASX:ASL) with its leadership in providing services in contract mining, grade control, drill and blast exploration, mineral analysis, procurement and logistics and its operations spread across Australia, Africa and United Kingdom ent...
Tando Resources Drags On ASX Despite High Grade Assays From SPD Project
October 25, 2018 07:14 AM AEDT| By Team Kalkine MediaTando Resources Limited (ASX:TNO) came up with its recent project updates and results as on October-25, 2018 from its SPD Vanadium project in South Africa. Tando has completed phase one drilling program. The program targeted the SPD deposit, currentl...
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