Altona Rare Earths plc plans to acquire the Monte Muambe rare earths project in Tete Province, northwestern Mozambique. EXPLORATION In March 2021, the company signed a Memorandum of Understanding with Ussokoti Investimentos Limitada, before beginning due diligence. Altona today said it had instructed its UK legal counsel to prepare the final contract to start the […]
Tag: metals and minerals
NAE outlines current Lochinvar coal licences
New Age Exploration Ltd has outlined its current licences for coking coal mining on the border of Scotland and England. DECISION In its quarterly report for 2021, the Australian miner reported no activities at the sites with its main focus remaining on Australia and New Zealand. A Coal Authority decision is still pending on NAE‘s […]
Hummingbird focuses on water supply for Mali villages
Hummingbird Resources plc made progress during the first quarter of 2021 with its environment, social and governance (ESG) initiatives in Mali. In its production, operational and trading report for the Q1 2021, the miner said it had made particular advances in water infrastructure for several locally supported villages. Ongoing water rehabilitation at the locally supported […]
Hummingbird finds new gold ounces at Yanfolila
Hummingbird Resources plc said it had discovered new ounces of gold and will double its 2021 exploration budget to $10 million at Yanfolila, southern Mali. The news comes as the company published a new internal mineral resource estimate (MRE) following its £5m 2020 exploration programme. Hummingbird said it had met last year’s three objectives which […]
Hummingbird to increase Dugbe gold resource
Hummingbird Resources plc said that initial results from a 5,500-metre drill programme show the potential to increase mineral resource at the Dugbe F gold deposit in Liberia. The company’s Canadian partner, Pasofino Gold Ltd, is conducting the programme and covering all associated costs, as part of its earn-in agreement for a 49% stake in the […]
Cora awarded nine more years with Mali permit
Cora Gold Ltd said it had been re-awarded the Farassaba III permit for nine years at its gold exploration project in western Mali. The permit, which was re-awarded on the 12 February 2021, covers the same area of 93km2 as the expired permit. It comprises part of the 300km2 group of four permits collectively known as Cora’s […]