Yanfolila nears gold output, West Africa

Location: Mali
Resource: Gold

Grade control and infill drilling have started at Hummingbird Resources’
1,8 million ounce Yanfolila Gold project in Mali. This follows the release of drilling results in October last year, and is designed to further advance Yanfolila towards first gold production next year. Mine construction is set to start soon.
According to CEO Dan Betts, the infill drilling will bring further inferred resources to the measured and indicated categories, and allow more options in the mine scheduling.
“With three drill rigs now operational and mine construction imminent, we are highly active on the ground at Yanfolila. Grade control drilling is an exciting step for us as we move closer to mining and we look forward to the results following our last round of excellent drill results in October 2014,” says Betts.

Boost for Stellar

Location: Sierra Leone
Phase: Development
Resource: Diamonds

Deutsche Balaton, a German based investment company, has invested about USD2.4-million (R35.42-million) in Stellar Diamonds, an AIM-listed company with projects in Guinea and Sierra Leone in West Africa.


Rehabilitation adds value on West Rand


Local mining and raw material processing firm, Ncamiso, has joined forces with Mintails Mining SA- Mogale Gold to recover and extract gold from old, worked out mining operations and waste material. Their activities will contribute to the rehabilitation of the area. Mintails has a number of mines on the West Rand of Gauteng.


ResGen appoints coal handling contractor

Australian coal mining company Resource Generation (ResGen) has appointed coal and minerals contractor Sedgman for the design, procurement and construction of the Coal Handling and Preparation Plant (CHPP) for ResGen’s proposed Boikarabelo coal mine. Boikarabelo is located in the Waterberg region of the Limpopo Province.


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