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Wed, May 18, 2022
Geodrill (TSX: GEO), a leading West African based drilling company, reported that in Q1 2022, it generated record revenue of $33.4M an increase of $2.7M or 9% compared to Q1 2021. The company said it delivered record net income of...
Ghana has been ranked as the 2nd most attractive mining destination in Africa. This is according to the Fraser Institute’s Annual Survey of Mining Companies, which measures the investment attractiveness of various mining jurisdictions. The country placed 43rd in the...
Metso Outotec has been awarded a major order for the supply of key minerals processing technologies to a copper and gold mine project in South-East Asia. The contract value of approximately EUR 40 million has been booked to Minerals...
The Mt Cattlin mine, owned by Galaxy Resources Ltd (part of the Allkem group of companies), is located in the Great Southern region of Western Australia. Having recommenced operation in 2016 following a period of inactivity, the open pit...
The case regarding the impairment of Rio Tinto Coal Mozambique has been settled. Rio Tinto PLC reached a settlement with the Australian Securities & Investment Commission. Australia's Federal Court has ordered Rio Tinto to pay a penalty of $750,000 after...
The Australian mining firm, Base Titanium’s will not be exiting its Kwale location in mid-2022 as scheduled. This follows their lease extended by the government of Kenya by 13 more months Petroleum and Mining Principal Secretary Andrew Kamau made the...
Metso Outotec has signed a services contract for the delivery of four ball mill upgrade packages to a copper and gold mine in Asia Pacific. The value of the order is approximately EUR 19 million, and it has been...
Lycopodium Minerals Canada have been chosen by Aya Gold and Silver to deliver the front-end engineering design (FEED) for the new mineral processing plant at the Zgounder silver mine in Morocco. The plant is part of the mine expansion project...
Debswana Diamond Company has recorded a 73% jump of sales of rough diamonds in the first nine months of 2021. Bank of Botswana released the statistics and said the jump was, driven by the reopening of U.S. and China’s...
Heavy Minerals (ASX: HVY) has recorded a 59% increase to the inferred mineral resource at its Inhambane project in southern Mozambique. The new estimate sits at 90 million tonnes at 3% total heavy minerals (THM) and takes into account an...