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Rio Tinto reports strong performance in iron ore
January 19, 2021 09:12 AM GMT| By Team Kalkine MediaSummary Rio Tinto Plc (LON: RIO) reported a strong performance through Pilbara iron ore. A shift in policy is likely to promote domestic investment with the exports continuing to rise alongside the global economic recovery. Rio Tinto.....
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Rio Tinto (LON: RIO) Inks Deal with Meridian Energy to Keep Tiwai Point Smelter Operational Till 2024
January 15, 2021 07:00 AM GMT| By Team Kalkine MediaSummary Rio has signed a new agreement with Meridian Energy to keep the Tiwai Point aluminium smelter operational until 31 December 2024. In 2020, the company had expressed its intention to wind down the operations of the NZAS and subsequently .....
Would Baggy Green JORC drilling results announced by Cobra Resources meet expectations?
January 07, 2021 03:12 PM GMT| By Team Kalkine MediaSummary Cobra Resources Plc had not reported any revenue during H1 FY20. The Baggy Green JORC is currently estimated at 94,000 oz and occurred in the form of two deposits. The Company’s operating loss was slightly improved to negative &p.....
What are the various developments Uru Metals may undergo to start its mining process in South Africa?
January 04, 2021 04:20 PM GMT| By Team Kalkine MediaUru Metals Limited (LON: URU) is the FTSE AIM All-Share listed metals & mining company having its engagement in development and exploration of minerals present mainly in South Africa and Sweden. The Company is a well-established mining player. .....
Greatland Gold (LON: GGP) Gets Regulatory Approvals to Start Early Activities at Havieron Project
December 29, 2020 01:40 PM GMT| By Hina ChowdharySummary The approval allows the company to carry out ancillary construction of administration space, fuel facilities, evaporation ponds, an explosives magazine, laydown area along with maintenance workshops. Greatland Gold shares delivered a mi.....
BHP Group PLC (LON: BHP) And Vale Clears Licensing Hurdles to Start Samarco Operations
December 25, 2020 12:36 AM GMT| By Kunal SawhneySummary BHP Group PLC has fulfilled all the licensing obligations that were required to restart operations. The Anglo-Australian mining company has begun with the iron ore pellet production in Samarco, Brazil Anglo-Australian mining compan.....
Polyus PJSC (LON: PLZL) To Fund $600 Million Expansion Plan of New Mill
December 24, 2020 10:13 AM GMT| By Kunal SawhneySummary PJSC Polyus will invest in the development of a new mill at its gold mine in Russia Mill-5 shall start operations by 2025 and is expected to deliver 390,000 ounces of incremental gold volumes Mill-5 project will involve a capital expen.....
South32 Ltd (LON: S32) Coal Unit Sale Enters the Next Stage with Competition Court Completing Hearing
December 21, 2020 11:46 AM GMT| By Kunal SawhneySummary South African competition court has completed its hearing into the sale procedure of South32’s coal unit, South Africa Energy Coal (SAEC) to Seriti Resources Holdings Pty Ltd. The deal was done in November when the company said th.....
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Before his White House departure, Trump has a spree of mining, energy project approvals
December 21, 2020 04:25 AM GMT| By Hina ChowdharyAs per media reports, the United States President Donald Trump is rushing to flag off a final wave of major mining and energy projects on the federal lands. This comes ahead of him leaving the White House. Many requests across the United States are...
O3 Mining (CVE: OIII) Comes Up with An Upbeat PEA for Its Garrison Gold Project
December 15, 2020 02:09 PM GMT| By Kunal SawhneyCanadian Gold miner O3 Mining has come out with its Preliminary Economic Assessment (PEA) report for one of its mining projects -- the Garrison project in Canada. The report portrays the project with a very high economic value that would push the c.....
Rio-Tinto (LON: RIO) Must Rebuild Aboriginal Caves Orders Australian Parliamentary Inquiry
December 10, 2020 09:25 AM GMT| By Team Kalkine MediaSummary An Australian parliamentary committee inquiring into the destruction of the Juukan Gorge caves in Pilbara has ordered Rio Tinto to rebuild the Aboriginal Caves. In May, the company had blown up two ancient aboriginal caves in Pilbara, l.....
Regulatory update: AltynGold plc (LON: ALTN) changes its name from Altyn plc
December 09, 2020 04:03 PM GMT| By Kunal SawhneySummary AltynGold Plc has announced that the formalities required to change the company’s name have been completed The company also announced the appointment of Thomas John Gallagher as a non-executive director UK-based miner AltynGo.....
KEFI (LON: KEFI) shares update of its Hawiah project in Saudi Arabia
December 09, 2020 01:06 PM GMT| By Kunal SawhneySummary The gold and copper exploration and development company’s drilling program at Hawiah in Saudi Arabia has yielded additional mineralization It raised its mine resource estimate than what it had presented in its September PEA report.....
Harvest Minerals (LON: HMI) Gets Positive Agronomic Test Results for Sugarcane Plantation in Brazil
December 09, 2020 08:04 AM GMT| By Kunal SawhneySummary Harvest Minerals Limited has reported that it has received positive agronomic test findings for sugarcane plantation fields using KP Fertil at its Arapua project in Brazil. The agronomic test has given a superior crop performance in sug.....
Tri-Star Resources (LON: TSTR) gets AGM approval to delist from AIM market
December 02, 2020 04:38 PM GMT| By Team Kalkine MediaSummary 9 December will be the last day of dealings in its ordinary shares of Tri-Star Resources Plc The company had announced that a joint venture for investment in Strategic & Precious Metals Processing LLC requires it to delist from the .....
Kazera Global (LON: KZG) share prices surge 5% with mineral identification
December 02, 2020 10:20 AM GMT| By Hina ChowdharySummary Kazera’s shares jumped as the company identifies 3 minerals in commercially feasible quantities The company provided a 112 per cent year-to-date return Kazera Global and Manschaft Mining and Energy have signed an MoU for EPL lice.....
Shares of Panthera Resources (LON: PAT) fell on Monday tailing international gold prices
December 02, 2020 08:53 AM GMT| By Hina ChowdharySummary The shares of the company have shown a volatile trend and have fallen in the last session in response to the correction in international gold prices. The company has recently announced the commencement of drilling operations in Moydow i.....
Petropavlovsk (LON: POG) Hire Alexandrov of Highland Gold as The New CEO
November 30, 2020 03:37 PM GMT| By Kunal SawhneyDenis Alexandrov, a highly experienced professional in mining and natural resources, has been appointed as the Chief Executive Officer (CEO) as well as a Director of Petropavlovsk PLC (LON: POG). Mr Alexandrov will be taking charge from 1 December 20...
Cerrejon And Its Union to Hold Talks on Controversial Proposed Work Schedule
November 25, 2020 12:11 PM GMT| By Kunal SawhneySummary Cerrejon and its largest workers’ union Sintracarbon is going to hold technical discussions about a controversial work schedule it had proposed On 31 August, Sintarcarbón launched a strike and rejected a shift change introd.....
Will Hochschild Mining achieve its FY2021 production target?
November 21, 2020 12:36 PM GMT| By Hina ChowdharySummary Hochschild Mining Plc has reported a cash balance of $196 million as of 30 September 2020. The Company will pay an interim dividend of 4.0 US cents per share on 31 December 2020. Total capital expenditure budget for FY21 is kept betwee.....
