Wednesday, February 25th 04:01 PM

The mine is likely to be closed for an indefinite period while an investigation is to be held. Kusasalethu had burned the pockets of the company resulting in production…..Continue

Aruma Resources Copper assays confirm scale at Bulloo Downs

  • copper mines in the Proterozoic belt of the Gascoyne-Pilbara. This area not only hosts world class copper mines and prospects with some 5Mt of contained copper in published resources, but also world class iron, manganese, gold and uranium deposits.

Aruma Resources completes drilling program at Bulloo Downs Copper project

  • Aruma considers the Bulloo area, which contains many mapped and sampled copper outcrops to be prospective for copper discoveries with gold, silver, lead and zinc credits.

Norton Gold Fields acquires strategic stake in Phoenix Gold

  • Norton wishes to make clear that it has no present intention to make a takeover offer for the remaining shares in the Phoenix which it does not already own or control, however reserves the right to revisit this position in the future.

Petra Diamonds in pact with Absa, RMB to refinance BEE partner loans

  • When Petra and the BEE Partners acquired the Finsch and Cullinan mines from De Beers, Petra agreed to finance the BEE Partners' 26% share in each mine.

Aruma Resources announces Bulloo Project drilling

  • Aruma has announced that the initial reconnaissance drilling on Lake Yindarlgooda at its 100% owned Glandore project has defined a number of zones of gold anomalism.

Oceanus begins third drill program at La Lajita high grade Gold discovery in Mexico

  • This area is recognized as an extremely prospective mineral belt for gold and silver deposits. Furthermore, this area is a virgin district having never been discovered or worked by the Spanish and there are no historic mining records.

Westhaven gets positive Preliminary Nickel Sulphide results from Ben Project

  • The ammonium citrate leach results, which provide approximate sulphide nickel content, suggest the majority of assayed intervals contain a significant proportion of sulphide hosted nickel that may be available for recovery by conventional flotation methods.

Northern Minerals - Browns Range Heavy Rare Earths Project granted environmental approval

  • ''The Ministerial Statement is the culmination of two and a half years of comprehensive environmental and technical studies, extensive community and stakeholder engagement, and thorough assessment by government agencies.''

Troy signs minerals agreement for the Karouni Gold Project in Guyana

  • The Minerals Agreement details all fiscal, property, import-export procedures, taxation and other related conditions for the development and operation of Karouni.
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