New News information at Mining Technology New and updated information from News listed on www.mining-technology.com http://www.mining-technology.com/ en-us http://www.mining-technology.com/ New News information at Mining Technology http://www.mining-technology.com/content/images/logo_big.gif Deals this week: Argosy Minerals, Castle Silver Resources, Coeur Mining http://www.mining-technology.com/news/newsdeals-this-week-argosy-minerals-castle-silver-resources-coeur-mining-5824398 http://www.mining-technology.com/news/newsdeals-this-week-argosy-minerals-castle-silver-resources-coeur-mining-5824398 Australia-based exploration company <strong>Argosy Minerals</strong> has announced that it will raise A$1m ($745,000) through a share purchase plan (SPP) from its shareholders. Thu, 25 May 2017 23:00:00 GMT Tsodilo Resources gains diamond exploration licence in Botswana field http://www.mining-technology.com/news/newstsodilo-resources-secures-diamond-exploration-license-in-botswana-field-5825758 http://www.mining-technology.com/news/newstsodilo-resources-secures-diamond-exploration-license-in-botswana-field-5825758 Tsodilo Resources' subsidiary Bosoto has secured prospecting licence in the Orapa Kimberlite Field (OKF) in Botswana. Thu, 25 May 2017 23:00:00 GMT Graphex Mining signs offtake deal for Chilalo graphite project in Tanzania http://www.mining-technology.com/news/newsgraphex-mining-signs-offtake-agreement-for-chilalo-graphite-project-in-tanzania-5825855 http://www.mining-technology.com/news/newsgraphex-mining-signs-offtake-agreement-for-chilalo-graphite-project-in-tanzania-5825855 Australian exploration and development company Graphex Mining has signed a non-binding term sheet for a proposed joint venture (JV) and offtake and financing for its Tanzania-based Chilalo graphite project. Thu, 25 May 2017 23:00:00 GMT M&As this week: Pallinghurst Resources, Gold Fields http://www.mining-technology.com/news/newsmas-this-week-pallinghurst-resources-gold-fields-5824407 http://www.mining-technology.com/news/newsmas-this-week-pallinghurst-resources-gold-fields-5824407 Pallinghurst Resources is intending to acquire the remaining 52.91% stake in coloured gemstones producing company, Gemfields, for approximately $145.2m at £0.38 ($0.49) a share. Thu, 25 May 2017 23:00:00 GMT Firestone Diamonds signs deal for sale of Botswana assets http://www.mining-technology.com/news/newsfirestone-diamonds-signs-agreement-to-sell-botswana-assets-5825829 http://www.mining-technology.com/news/newsfirestone-diamonds-signs-agreement-to-sell-botswana-assets-5825829 Firestone Diamonds has signed an agreement for the potential sale of its Botswana operations, which include its interest in the BK11 mine to Amulet Diamond for $5.1m. Thu, 25 May 2017 23:00:00 GMT Alrosa to carry out development of diamond deposit in Angola http://www.mining-technology.com/news/newsalrosa-to-participate-in-development-of-new-diamond-deposit-in-angola-5824254 http://www.mining-technology.com/news/newsalrosa-to-participate-in-development-of-new-diamond-deposit-in-angola-5824254 Diamond miner PJSC Alrosa has announced that it will participate in development of a new diamond deposit in Angola. Wed, 24 May 2017 23:00:00 GMT Rio Tinto to invest $30.9m towards feasibility study of Pilbara iron ore deposit http://www.mining-technology.com/news/newsrio-tinto-to-invest-309m-towards-feasibility-study-of-pilbara-iron-ore-deposit-5824840 http://www.mining-technology.com/news/newsrio-tinto-to-invest-309m-towards-feasibility-study-of-pilbara-iron-ore-deposit-5824840 Rio Tinto has announced plans to invest $30.9m into a project feasibility study to develop its Koodaideri iron ore deposit in the Pilbara region of Western Australia. Wed, 24 May 2017 23:00:00 GMT Galane Gold signs LoI to acquire share of Vantage Goldfields http://www.mining-technology.com/news/newsgalane-gold-signs-loi-to-acquire-share-of-vantage-goldfields-5824283 http://www.mining-technology.com/news/newsgalane-gold-signs-loi-to-acquire-share-of-vantage-goldfields-5824283 Galane Gold has signed a letter of intent (LoI) for the acquisition of all outstanding shares of Vantage Goldfields Limited, a gold mining company with operations in Mpumalanga province, South Africa. Wed, 24 May 2017 23:00:00 GMT Cobalt Power Group starts drilling at Smith Cobalt property, Canada http://www.mining-technology.com/news/newscobalt-power-group-commences-phase-i-drilling-on-smith-cobalt-property-in-canada-5823057 http://www.mining-technology.com/news/newscobalt-power-group-commences-phase-i-drilling-on-smith-cobalt-property-in-canada-5823057 Cobalt Power Group has started the first phase of a drilling programme at its Smith Cobalt property, Ontario, Canada. Tue, 23 May 2017 23:00:00 GMT Condor Gold reports drilling results of La India Project, Nicaragua http://www.mining-technology.com/news/newscondor-gold-reports-drill-results-from-la-india-project-nicaragua-5823043 http://www.mining-technology.com/news/newscondor-gold-reports-drill-results-from-la-india-project-nicaragua-5823043 Condor Gold has reported results from an initial 2,000m drill programme on the Mestiza Vein Set (Mestiza) at La India Project, Nicaragua. Tue, 23 May 2017 23:00:00 GMT VMS style mineralisation found at Greatland Gold’s Bromus project http://www.mining-technology.com/news/newselements-consistent-with-vms-style-mineralisation-found-at-greatland-golds-bromus-project-5823234 http://www.mining-technology.com/news/newselements-consistent-with-vms-style-mineralisation-found-at-greatland-golds-bromus-project-5823234 Greatland Gold has provided an update of its drilling campaign at its fully owned Bromus project in Western Australia, with signs of a volcanogenic massive sulphide (VMS) system. Tue, 23 May 2017 23:00:00 GMT Cape Lambert to acquire 70% interest in Zambia cobalt project http://www.mining-technology.com/news/newscape-lambert-signs-a-binding-term-sheet-to-acquire-70-in-zambia-cobalt-project-5821153 http://www.mining-technology.com/news/newscape-lambert-signs-a-binding-term-sheet-to-acquire-70-in-zambia-cobalt-project-5821153 Cape Lambert has signed a binding terms sheet to earn a 70% interest in the Kitwe cobalt/copper tailings project in Zambia. Mon, 22 May 2017 23:00:00 GMT Saudi miner Ma’aden signs MoUs with Alcoa and Mosaic http://www.mining-technology.com/news/newssaudi-miner-maaden-signs-mous-with-alcoa-mosaic-5822022 http://www.mining-technology.com/news/newssaudi-miner-maaden-signs-mous-with-alcoa-mosaic-5822022 Saudi Arabian mining firm Ma’aden has signed memorandum of understandings (MoUs) with US-based companies Alcoa and Mosaic. Mon, 22 May 2017 23:00:00 GMT Greatland discovers new gold targets at Ernest Giles project in Australia http://www.mining-technology.com/news/newsgreatland-gold-discovers-new-gold-targets-at-ernest-giles-gold-project-in-australia-5821146 http://www.mining-technology.com/news/newsgreatland-gold-discovers-new-gold-targets-at-ernest-giles-gold-project-in-australia-5821146 UK-based Greatland Gold has identified new targets for gold mineralisation through an airborne survey over its 100%-owned Ernest Giles project in Western Australia. Mon, 22 May 2017 23:00:00 GMT BBI Group to acquire Weelumurra iron ore asset in Western Australia http://www.mining-technology.com/news/newsbbi-group-to-acquire-weelumurra-iron-ore-asset-in-western-australia-5819891 http://www.mining-technology.com/news/newsbbi-group-to-acquire-weelumurra-iron-ore-asset-in-western-australia-5819891 BBI Group (BBIG) has signed an agreement with Mineral Resources subsidiary Polaris Metals to acquire the Weelumurra iron ore asset in the Central Pilbara region of Western Australia. Sun, 21 May 2017 23:00:00 GMT Victoria awards second round of mineral exploration grants http://www.mining-technology.com/news/newsvictoria-awards-second-round-of-mineral-exploration-grants-5820561 http://www.mining-technology.com/news/newsvictoria-awards-second-round-of-mineral-exploration-grants-5820561 The Victoria Government in Australia has declared the second round of grants for minerals exploration as part of its Target programme. Sun, 21 May 2017 23:00:00 GMT Stratex International to fund Anbat gold prospect exploration in Egypt http://www.mining-technology.com/news/newsstratex-international-to-fund-anbat-gold-prospect-exploration-in-egypt-5819883 http://www.mining-technology.com/news/newsstratex-international-to-fund-anbat-gold-prospect-exploration-in-egypt-5819883 Stratex International has agreed to continue funding the exploration programme planned by Thani Stratex Resources (TSR) for the Anbat gold prospect in Egypt. Sun, 21 May 2017 23:00:00 GMT Stratex International agrees to acquire Crusader Resources http://www.mining-technology.com/news/newsstratex-international-agrees-to-acquire-crusader-resources-5818438 http://www.mining-technology.com/news/newsstratex-international-agrees-to-acquire-crusader-resources-5818438 UK-based gold exploration and development company Stratex International has signed a non-binding heads of agreement (HoA) to acquire Australia's Crusader Resources. Thu, 18 May 2017 23:00:00 GMT Deals this week: Danakali, Grand Ocean Advanced Resources, Saint Jean Carbon http://www.mining-technology.com/news/newsdeals-this-week-danakali-grand-ocean-advanced-resources-saint-jean-carbon-5817455 http://www.mining-technology.com/news/newsdeals-this-week-danakali-grand-ocean-advanced-resources-saint-jean-carbon-5817455 Danakali Limited has announced its plans to raise approximately A$12.25m ($9.27m) in gross proceeds from institutional and sophisticated investors by issuing approximately 20 million ordinary shares priced at A$0.62 ($0.46) a share. Thu, 18 May 2017 23:00:00 GMT White Gold to acquire Kinross Gold properties in White Gold district, Yukon http://www.mining-technology.com/news/newswhite-gold-to-acquire-kinross-gold-properties-in-white-gold-district-yukon-5819325 http://www.mining-technology.com/news/newswhite-gold-to-acquire-kinross-gold-properties-in-white-gold-district-yukon-5819325 White Gold has entered a binding purchase agreement to acquire Kinross Gold’s properties located in the White Gold District, Yukon, Canada. Thu, 18 May 2017 23:00:00 GMT