Archive for January, 2007

Implats to lift platinum group production to 2.3 million ounces by 2010

January 10th, 2007
Implats to lift platinum group production to 2.3 million ounces by 2010

Impala Platinum (Implats) and Aquarius Platinum’s expansion of output at its Mimosa Platinum mine in Zimbabwe is one of many steps in a broader strategy to increase Implats’ production of platinum group metals (PGMs) to 2.3 million ounces in 2010.
The owners of Mimosa announced today they would increase production here to 195,000 platinum group metals [...]

LionOre secures underwriting for Tati Nickel Activox and DMS project funding

January 10th, 2007
LionOre secures underwriting for Tati Nickel Activox and DMS project funding

Nickel producer LionOre Mining International Ltd said this week that it has secured Rand Merchant Bank (RMB) as the sole underwriter for a US$250 million project funding package for the Tati Nickel Activox and DMS projects in Botswana.
The TSX, LSE, ASX and BSE-quoted South Africa and Botswana nickel focused company, based in Toronto, said in [...]

Nortec Announces Preliminary Results From TDEM Surveys, Koillisma-Naranka Nickel-Copper-PGE Project, Northeastern Finland

January 10th, 2007
Nortec Announces Preliminary Results From TDEM Surveys, Koillisma-Naranka Nickel-Copper-PGE Project, Northeastern Finland

Further to the news release dated October 19, 2006, Nortec Ventures Corp. , announces that, the Company received preliminary results from its helicopter-borne, deep penetrating TDEM (Time Domain Electromagnetic Survey) and magnetic surveys on the Koillismaa-Naranka nickel-copper-PGE property located in northeastern Finland.
The geophysical surveys were carried out by SkyTEM Aps, a Danish airborne-geophysical survey company [...]

Ghana sets Kimberley diamond deadline

January 10th, 2007
Ghana sets Kimberley diamond deadline

Ghana has set the deadline of March as the month in which it will pass all the requirements of the Kimberley Process to clear its name from the list of countries involved in illegal trade in diamonds coming from conflict regions, reported Ghana News Agency this week.
The country was accused in October 2006 of certifying [...]

Copper, nickel and zinc up but seen vulnerable

January 10th, 2007
Copper, nickel and zinc up but seen vulnerable

Copper, zinc and nickel bounced back on Wednesday after losing ground since the start of the year, but the market is vulnerable, analysts said.
“We are seeing a recovery in nickel and zinc…the two that had been hit the hardest by the selling over the last few days,” analyst Kevin Norrish at Barclays Capital said.
“It is [...]

Anvil Mining ups Kinsevere high grade copper/cobalt resource 400 percent

January 10th, 2007
Anvil Mining ups Kinsevere high grade copper/cobalt resource 400 percent

Anvil Mining’s Kinsevere-Nambulwa copper-cobalt deposits, 27 km north of Lubumbashi, the provincial capital of the Katanga Province of the DRC are, like so much of that region, looking very promising. The Measured and Indicated mineral resource has been increased by over 400% to 865,300 t of contained copper. AMCK, a joint venture company formed by [...]

Ridge Mining plc - transferral of 25,300 ordinary shares

January 10th, 2007
Ridge Mining plc - transferral of 25,300 ordinary shares

Ridge Mining plc (’the Company’), announces that Mr Oliver Baring has transferred 25,300 ordinary shares of US$0.05 in the Company from his personal holding to his pension fund. Mr Baring’s interest in the shares of the Company remains unaltered at 185,300 ordinary shares (0.24%).
Contact: Francis Johnstone - 020 7379 1474.
This information is provided by RNS

Asian Mineral Resources Limited Receives Approval of its Environmental Impact Assessment Report

January 10th, 2007
Asian Mineral Resources Limited Receives Approval of its Environmental Impact Assessment Report

Asian Mineral Resources Limited announced that its 90% owned joint venture company, Ban Phuc Nickel Mines Limited (”BPNM”), has received formal Vietnamese central government approval for its Environmental Impact Assessment Report on its Ban Phuc nickel project.
The application for a mining license for the project for which all required supporting documentation, including a feasibility study, [...]