Allana Potash Corp. (TSX:AAA) (OTCQX:ALLRF) ("Allana" or the "Company") is pleased to announce that it has filed a National Instrument 43-101 ("NI 43-101") Technical Report dated November 28, 2011 on SEDAR at www.sedar.com.
Africa Mining News
Aim-listed London Mining on Monday slammed a $650-million lawsuit by joint venture partner Wits Basin Precious Minerals as a tactic to avoid repaying its loan.
Forbes Coal Reports Revenue of $31.2 Million in Fiscal Third Quarter 2012, an Increase of 245% Year-Over-Year
Forbes & Manhattan Coal Corp. (TSX:FMC.TO - News)(JSE:FMC.TO -News) ("Forbes Coal" or the "Company") is pleased to announce its fiscal third quarter 2012 financial results for the three months ended November 30, 2011.
Xstrata Coal South Africa (XCSA) is pleased to announce that it has completed the sale of its Spitzkop and Tselentis collieries and supporting coal assets, located in Mpumalanga, South Africa, to the Imbawula Group (Imbawula) for an undisclosed amount.
Volta Resources (TSE:VTR) Monday announced drill results from nine holes as part of its on-going phase 3 program at its flagship Kiaka gold project in Burkina Faso.
Recent trips to Africa have bolstered Chris Welch's conviction that mining plays in Africa are being overlooked, but it's not too late for investors to get in on the ground floor.
Rwanda is pushing investors who have booked space in its newly developed special economic zone to quickly roll out projects to spur growth in an uncertain year.
Details emerging from investigations into Areva's purchase of African uranium miner UraMin are beginning to resemble a spy novel.
Despite a warning by South Africa's power utility that supply would be extremely tight this month, the country's platinum miners are confident there will be enough to power their mines.
Mining major BHP Billiton’s South African energy coal unit Becsa has suspended mining activities at the underground operation of its Khutala colliery near Witbank, after a fatal accident on Thursday.
The Zimbabwe Mining Development Corporation has discovered gold and massive iron ore deposits at its emerald and tantalite Sandawana Mine in Mberengwa District.
Columbus McKinnon Corp, a leading designer, manufacturer and marketer of material handling products, has acquired 100% of the shares of privately-held Yale Lifting Solutions located in Magaliesburg, South Africa.
AFP reports about 500 protesters blocked a coal train line in Mozambique in a dispute with Vale over housing.
South Africa’s black-controlled diversified mining company Exxaro Resources is putting the Republic of Congo (RoC) on the map as a new African iron-ore development frontier with its R3-billion (A$338-million) cash takeover offer of African Iron.
Helping 2012 get off to a good start, the Diamond Empowerment Fund (DEF) held its inaugural “GOOD Awards” in New York last week.
The National Union of Mineworkers (NUM) said on Wednesday that about 1,000 of its members would down tools at diversified miner Exxaro’s Arnot coal mine near Witbank on Friday.
Trade fair company Messe München International is bringing its international trade show Bauma to South Africa for the first time in September 2013.
Allana Potash Corp. (TSX:AAA) ("Allana" or "the Company"), is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Dundee Securities Ltd., and including National Bank Financial Inc., Cormark Securities Inc., Macquarie Capital Markets Canada Ltd., and Fraser Mackenzie Limited (the "Underwriters"), to purchase 25,000,000 common shares of the Company (the "Common Shares") at a price of $0.80 per Common Share for gross proceeds of $20,000,000 on a bought deal basis (the "Offering").
Zimbabwean platinum producer Zimplats has been accused of underpaying royalties by the Zimbabwe revenue authority and is now locked in a legal battle to fend off a $28 million claim for outstanding payments.
Helio Resource Corp. (TSX-V: HRC) is pleased to report the first results from the 2011 RC drill programme at the Tumbili Target, SMP Gold Project in Tanzania.
African Iron's shares rose more than 9% on Monday after reports that South Africa's Exxaro was in talks to buy the company.
Hana Mining Ltd.: Infill Drilling encounters consistent high-grade copper-silver mineralization along the northeast fold of the Banana zone
Hana Mining Ltd. (TSX VENTURE:HMG)(FRANKFURT:4LH) announced its most recent drilling results from the completion of 14 infill diamond drill holes in the Banana Zone at its Ghanzi sediment hosted Copper-Silver Project in Botswana.
Canadian mineral explorer Continental Nickel Ltd (CNI) is set to start mining the mineral in southern Tanzania following positive exploration results.
Later this month Coal India Ltd (CIL), the world's biggest coal producer, will sign an agreement with the Limpopo government in terms of which it will receive mining rights on various coal blocks in that province.
First Quantum on Friday confirmed it restarted operations at its Kansanshi copper mine in Zambia, after a strike curbed output for two days this week.