Proactive weekly mining highlights: Metal Tiger, BlueRock Diamonds, Strategic Minerals, Emmerson…
BlueRock Diamonds Plc (LON:BRD) said operations have restarted in South Africa with no cases of coronavirus at the Kareevlei mine and production averaging almost 2,000 tons per day since May 11, up 65% on the record average daily rate in the fourth quarter of 2019.
Amur Minerals Corporation (LON:AMC) has revealed that individual copper and nickel sulphide concentrates can be generated from ore at its Kun-Manie project in Russia.
Savannah Resources PLC (LON:SAV) told investors it has submitted the environmental impact assessment and associated mine plan documents for the proposed Mina do Barroso lithium mining project in Portugal.
Trident Resources PLC (LON:TRR) has listed on AIM as it embarks on a strategy of building a growth-focused mining royalty and streaming company. Metal Tiger PLC (LON:MTR) took an initial £570,000 stake.
Metal Tiger also conditionally subscribed for 50mln shares of 0.01p each in Thor Mining PLC for a total of A$250,000.
Thor Mining PLC (LON:THR)(ASX:THR) has entered into an exclusive option to acquire 100% of the shares in a private Australian company with interests in uranium and vanadium focussed projects in Colorado and Utah in the United States of America. It is raising A$970,000 to facilitate the deal, including a significant sum from Metal Tiger.
Strategic said later in the week that it has raised £1.1mln through a placing and subscription of around 244.4mln new shares to help pay the remaining balance for the acquisition of New Age Exploration’s interest in the Redmoor Tin/Tungsten project.
Mkango Resources Ltd (LON:MKA)(CVE:MKA) has donated a new state of the art Mindray WATO EX-20 anaesthetic machine to the Mercy James Centre at the Queen Elizabeth Central Hospital in Blantyre, Malawi.