New light shines in Thabazimbi

The board of ASX, AIM and JSE listed Ferrum Crescent, is investigating a number of new avenues to generate value for the company’s flagship Moonlight Project in the Limpopo province. Moonlight is a magnetite iron ore project, and it is Ferrum Crescent’s goal to produce a high-quality product that steel producers can use in blending. The project is located close to the Thabazimbi rail hub: the loading yard that has been used by Kumba’s Thabazimbi iron ore mine in the past. Kumba announced the closure of its Thabazimbi mine in July last year.

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Potash renews licence

Location: Republic of Congo
Phase: Exploration
Resource: Potash

African Potash has applied for a renewal of their exploration licence over the 702.5km² Lac Dinga project area in the Kouilou region in the Republic of Congo (formerly Congo-Brazzaville). African Potash has a 70% interest in La Société des Potasses et des Mines S.A. (SPM), which holds the exclusive right to conduct exploration activities for potash salts in the Lac Dinga region.

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Drilling targets the core, East Africa

Location: Ethiopia

Resource: Gold


TSX-listed East Africa Minerals has released an update of its infill diamond drilling programme of the Da Tambuk and Mato Bula gold deposits at the Adyabo project in Ethiopia. The company completed a 40m x 40m spaced infill programme that targeted the core areas of gold resource mineralisation at Adyabo. Results for 15 drill holes, totalling 1 763m, have been released. Twelve holes tested the Da Tambuk deposit, and three holes tested the Silica Hill North area at Mato Bula.

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Merrex amends permit, West Africa

Location: Mali
Resource: Gold

Canadian-based Merrex Gold and IANGOLD Corporation’s Siribaya gold project in western Mali has been granted a permit amendment for the Kamaya exploration permit in the westernmost region of the project area. Merrex and IANGOLD operate the project as a 50/50 joint venture.

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Kinross updates Tasiast, North Africa

Location: Mauritania
Resource: Gold

Kinross Gold Corporation has announced that it will be proceeding with phase one of its Tasiast expansion project. Tasiast mine is an open-pit operation located in northwestern Mauritania, about 300 km north of the capital Nouakchott.
Tasiast processes ore via an 8 000t per day (t/d) mill and dump leach. Work continues on enhancing the performance of the existing mill and optimising the operation. Phase One of the Tasiast expansion is expected to increase mill throughput capacity from the current 8 000t/d to 12 000t/d, significantly reducing operating costs and increasing production. Phase One is expected to reach full production by the end of quarter one 2018.

Soil anomalies in Moto, Central Africa

Location: DRC
Resource: Gold

Australian listed Burey Gold has received positive results from broad spaced 400m x 200m soil sampling programmes taken from its Giro Gold Project in the Moto Greenstone Belt, in the north east of the Democratic Republic of Congo (DRC). Two main groups of gold anomalies and mine workings have now been defined, the southern Giro-Adoku group, and the northern Douze Match-Mangote group. Each of these two groups covers about 40 to 50²km.

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Diamond hunt in full swing, Southern Africa

Location: Botswana
Resource: Gold

Botswana Diamonds (BOD) and its Russian partner, Alrosa, are carrying out an extensive exploration programme in the Orapa region of the Kalahari, drilling, sampling and conducting geophysics on two licences: PL210 and PL260.

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Guiro’s potential confirmed, West Africa

Location: Burkina Faso
Resource: Gold
Canadian miners Komet Resources have announced an updated resources estimate for the Guiro gold project in Burkina Faso, West Africa. The Guiro vein, currently mined by Komet, is located in the southern half of the Guiro-Diouga mining licence. The area covers 65km² and is 100% owned by the company.

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