Global climate change mitigation is amplifying the demand for good quality, low-impurity metals, which are being rewarded with high price premiums. There is a huge drive in China towards better quality, which will eventually use less energy and cause less pollution. (Also watch attached Creamer Media video).
Aim-listed Ortac Resources has set its focus exclusively on its high-potential African exploration mining assets after a board revamp set a strategy review in motion.
Australian minerals exploration company Orion Minerals expects to start trading on the main board of the Johannesburg bourse on September 18, as it progresses its base metals development strategy in South Africa.
London-listed Stellar Diamonds has conditionally raised, through Peterhouse Corporate Finance, £330 000 through the issue of 10.15-million new ordinary shares at an issue price of 3.25p a share. The placing is expected to be completed by September 14, conditional on the receipt of the funds in respect of the placing shares and admission of the placing shares to trading on the Aim.
A prefeasibility study (PFS) into the Stage 1 development of the Telkwa metallurgical coal project, in British Columbia, has confirmed that the project can be developed into a small stand-alone operation.
ASX-listed Keybridge Capital has launched legal action in the Supreme Court of Western Australia to gain access to information regarding Molopo Energy’s proposed acquisition of a US oil and gas project.
Metals developer MacPhersons Resources will raise up to A$4.4-million through a share placement and share purchase plan (SPP) to fund resource drilling at its Boorara gold project, in Western Australia.
The stake of natural resource development company Red Rock Resources in strategic alloy producer Steelmin has increased to 17%, after being issued an additional 1% share capital as part of a €3.87-million secured loan agreement.
Days after listing on the TSX-Venture Exchange, and following a strategic review, Tethyan Resources is planning to delist from the London bourse’s Aim to reduce the additional cost and regulatory burden of maintaining two listings.
Aim- and AltX-listed Kibo Mining has been awarded the General Electric (GE) Innovative Project Development Deal of the Year 2017 for its Mbeya coal-to-power project, in Tanzania. The award was presented to the company in New York on Thursday.