Hummingbird Resources plc said that the Kouroussa gold mine had achieved commercial production below target due to “lower than expected” mill feed grade. CONSTRAINTS The Guinea project’s four-week trailing average production increased to approximately 1,900 oz, lower than the previously announced target of 2,000-2,500 oz per week. The figure is not expected to ease the […]
Metals & Minerals
Kavango to build production plant at Hillside
Kavango Resources plc plans to build a gold production plant to boost production at Prospect 4 within the Hillside project in Matabeleland, southern Zimbabwe. ASSESSMENT Four contract miners currently send “high grade gold mineralisation”, mined on a small scale, 20km to the company’s processing facility at the main site. Kavango said that volumes were at […]
EGT confirms REE mineralisation at Olserum
European Green Transition plc confirmed mineralisation at the Djupedal and Olserum West prospects from its drilling programme at the Olserum rare earth element project in Sweden. CRITICAL The company said results from an additional four drill holes gave evidence of a “district scale REE system”. Results include hole OLS24-06 intersected 2.55m grading 1.6% total rare earth oxides (TREO), of […]
Guardian starts optimising Pilot mine plan
Guardian Metal Resources plc has started developing an optimised mine plan, incorporating recent drilling results, and remodelling its Pilot Mountain tungsten project in Nevada. SUPPORT Assays to date from the first 13 holes includes the best yet intercept of 39.3m @ 0.735% tungsten trioxide, 39.7g/t silver, 0.44% copper and 0.30% zinc from 66m downhole. Results […]
Kavango drills for large scale potential at Nara
Kavango Resources plc has begun a new phase of drilling to explore the potential for a “large-scale underground gold mine” at its Nara project in Matabeleland, southern Zimbabwe. STRUCTURE Equity Drilling Zimbabwe will drill an initial three holes for 1,500m to test for laterally extensive gold mineralisation across “multiple” mineralised shears, or reefs. Nara contains […]
CMR sets up JV trading arm in Morocco
Critical Mineral Resources plc has agreed a joint venture to trade mined metals and industrial minerals from Morocco. EXPERTISE The 70-30% deal is with “a Moroccan trading company” which has access to sources of mined materials and international customers. Both partners will also “source metal and mineral concentrates and raw ores” before arranging delivery to […]