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Mining
Important Upgrade to Zulu Resource Disclosed by Premier African Minerals
October 16, 2024 08:03 AM BST| By Team Kalkine MediaHighlights:,Significant Resource Increase:,Premier African Minerals Ltd reported a 23% increase in lithium and a 17% rise in tantalum resources at its Zulu Lithium and Tantalum Project in Zimbabwe.,Improved Ore Quality:,The updated resource estimates...
Sustainable Innovations in Home and Laundry Care Introduced by Itaconix at SEPAWA
October 16, 2024 07:39 AM BST| By Team Kalkine MediaHighlights:,Launch of SPARX Program:,Itaconix PLC announces the launch of the SPARX program, aimed at revolutionizing product categories through sustainable and innovative solutions.,Collaboration Focus:,The initiative emphasizes collaboration with b...
New mineralization has been discovered by Great Southern Copper at the Especularita site
October 15, 2024 07:48 AM BST| By Team Kalkine MediaHighlights:,Great Southern Copper PLC has identified indications of a new porphyry copper/gold system at its Viuda prospect in Chile.,Preliminary rock samples from the site revealed high-grade mineralization, with some samples containing significant...
Caledonia Mining's operational plans for 2024 are being successfully implemented
October 15, 2024 07:40 AM BST| By Team Kalkine MediaHighlights:,Caledonia Mining Corporation PLC reported a slight decline in gold production from the Blanket mine in Zimbabwe for the third quarter of 2024.,Year-to-date production increased modestly compared to the same period in 2023, indicating a st...
Greatland Gold Nears Completion of Havieron and Telfer Gold-Copper Project Acquisition
October 15, 2024 12:00 AM BST| By Team Kalkine MediaHighlights:,Regulatory Approvals,: FIRB approval and ministerial consent for mining tenements are secured.,Shareholder Confidence,: 99.75% of shareholders voted in favor of the acquisition.,Operational Readiness,: The Telfer mine’s environmental lice...
Griffin Mining Halts Operations After Fatal Accident at Caijiaying Mine
October 15, 2024 12:00 AM BST| By Team Kalkine MediaHighlights:,Fatal Incident,: A worker was killed in a tragic ore pass collapse at the Caijiaying Mine.,Operations Suspended,: Griffin Mining has halted all activity pending a full investigation, following Chinese regulatory protocols.,Safety Commitme...
Steppe Cement Reports 7% Revenue Growth in Q3 2024 Amid Higher Sales Volume
October 14, 2024 09:01 AM BST| By Team Kalkine MediaKey Points:,Steppe Cement’s revenue grew by 7% in Q3 2024, reaching USD 32 million.,Sales volume increased by 5% to 621,915 tonnes during the period.,The company holds USD 11 million in cash, maintaining a strong financial position.,Steppe Cement Ltd...
Vast Resources Raises £750,000 Through Share Placing to Support Operations
October 14, 2024 08:42 AM BST| By Team Kalkine MediaHighlights,Vast Resources plc raised £750,000 through the issuance of 750,000,000 ordinary shares at a price of 0.1p each.,The funds will be allocated to support the company's ongoing operations, particularly for complying with the reorganization pla...
Emmerson Faces Challenges Due to Negative ESIA Recommendation
October 14, 2024 08:39 AM BST| By Team Kalkine MediaHighlights:,Emmerson PLC faces an unfavorable recommendation in its Environmental and Social Impact Assessment (ESIA) process for its potash project.,The company is actively working to address the concerns raised by the assessment to secure necessary...
SIG Announces Strategic Refinancing Initiative and Tender Offer
October 14, 2024 08:27 AM BST| By Team Kalkine MediaKey Takeaways:,Tender Offer:,SIG plc invites holders of €300 million senior secured notes due 2026 to tender their holdings for purchase.,New Bond Offering:,The Company will issue €300 million in senior secured notes due 2029, subject to financing co...
Oriole Resources Indicated to Be on Track for Resource Expansion at Bibemi
October 14, 2024 08:17 AM BST| By Team Kalkine MediaHighlights:,Recent drilling at the Bibemi project in Cameroon has revealed additional mineralized intersections, indicating potential for resource expansion.,Selective sampling of 10 holes at the BZ1 MRE target yielded significant gold grades, with s...
Galileo Resources Advances Exploration in Botswana Copperbelt with Implementation of IP Survey
October 14, 2024 07:46 AM BST| By Team Kalkine MediaHighlights:,Galileo Resources PLC initiates induced polarization (IP) surveys on soil geochemical targets in Botswana's Copperbelt.,The geological environment of Galileo's licences resembles those with recent successful drilling results by neighborin...
Neometals Announces Placement and Entitlement Offer to Raise Approximately AU$9mn
October 11, 2024 07:18 PM BST| By Team Kalkine MediaHighlights,Neometals will issue 44,444,445 new shares at AU$0.09 each, aiming to raise approximately AU$4 million through a placement.,Neometals is also launching a 1 for 12 pro-rata, non-renounceable entitlement offer for eligible shareholders in Au...
Rio Tinto's $7 Billion Acquisition of Arcadium Lithium Signals Long-Term Bet on Lithium Demand
October 11, 2024 01:01 PM BST| By Team Kalkine MediaHighlights:,Strategic Acquisition:,Rio Tinto’s $7 billion acquisition of Arcadium Lithium reflects its commitment to expanding lithium production and aligning with the global energy transition.,Increased Lithium Capacity:,Arcadium’s current productio...
Elevated Gold and Silver Concentrations Recorded by Artemis Resources at Titan
October 11, 2024 07:38 AM BST| By Team Kalkine MediaHighlights:,Artemis Resources reports exceptionally high-grade gold and silver assays from the Titan prospect in Western Australia.,Recent rock chip sampling reveals values exceeding 55% gold and over 1,000 g/t silver.,Exploration at the Titan prospe...
Agitation Plant Restarted, Signifying ‘Turning Point’ Quarter for Anglo Asian
October 10, 2024 09:55 AM BST| By Team Kalkine MediaHighlights:,Anglo Asian Mining PLC has received permission to restart operations and raise the tailings dam wall at the Gedabek mine in Azerbaijan, marking a significant milestone for the company.,Third-quarter production totaled 3,040 gold equivalen...
Chrome Production Record Established by Tharisa After Transformative Year
October 10, 2024 09:39 AM BST| By Team Kalkine MediaHighlights:,Tharisa PLC reported record chrome output of 1.7 million tonnes for the year, marking its highest production to date.,Platinum group metals (PGM) production remained steady at 145,000 ounces for the year, despite a decline in platinum pri...
Rio Tinto has finalized a £5 billion deal for the counter-cyclical purchase of Arcadium Lithium
October 09, 2024 12:26 PM BST| By Team Kalkine MediaHighlights:,Rio Tinto has reached an agreement to acquire Arcadium Lithium PLC in an all-cash deal valued at $6.7 billion.,The acquisition adds a significant lithium production capacity and positions Rio Tinto as a leader in energy transition commodi...
Mondi's cardboard box-making capacity is being increased following a recent acquisition in Germany
October 09, 2024 12:01 PM BST| By Team Kalkine MediaHighlights:,Mondi PLC has acquired the German, UK, and Benelux operations of Schumacher for €634 million (£531 million).,The acquisition is expected to enhance Mondi’s customer offerings in e-commerce and fast-moving consumer goods (FMCG).,Anticipate...
Neometals is in the process of organizing a fundraising effort
October 09, 2024 11:42 AM BST| By Team Kalkine MediaHighlights:,Neometals Ltd has temporarily suspended trading of its shares on the ASX to facilitate a capital raising initiative.,The raised funds will support the company’s lithium-ion battery recycling project, advance research in lithium and vanadi...
