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SRK Consulting News

Eastplats investigation nearing completion

17th May 2017 An investigation into the dealings of the ousted management of TSX- and JSE-listed Eastern Platinum (Eastplats) is drawing to a close, which will allow the company to file its 2016 audited financial statement within the next two weeks. The South Africa-focused miner missed the March 31 deadline... 

Eastplats to undertake further assessment work at Mareesburg

12th May 2017 A focused reassessment and additional work is targeted for the Mareesburg openpit project, in Limpopo, as dual-listed Eastern Platinum (Eastplats) takes a “fresh look” at its mineral properties during this year, with a view to advance available development opportunities. The company said on... 

Stellar Diamonds to start FEED study at new project

3rd May 2017 Stellar Diamonds has signed a front-end engineering and design (FEED) study contract for its Tongo-Tonguma kimberlite diamond project, in Sierra Leone. This follows the signing, last week, of a tribute mining agreement between it and Octea Mining in respect of the combined Tongo-Tonguma project. 

Junior miners under strain as investors increasingly look elsewhere

17th March 2017 Encouraging investment for junior miners is becoming a persistent issue amid faltering markets and investors increasingly seeking ways to settle their capital in other markets, stocks and companies that can guarantee its safeguarding and growth. Based on the sentiment of participants of the... 

Sandspring on the hunt for major minerals, partner in Guyana

14th March 2017 Canada-listed project developer Sandspring Resources is firming up the resource base at the Toroparu gold project, in Guyana, with the focus on enticing a major partner to join the development of the nearly seven-million-ounce project. “We’ve got the backing of major mining investors such as... 

Collaboration, inclusiveness among key themes at 2017 Mining Indaba

9th February 2017 There are signs of hope for recovery in some commodities, owing to recent price improvement, which has lent a more upbeat tone to this year’s Investing in African Mining Indaba, in Cape Town. However, South Africa has some “sobering lessons” for African countries, which have yet to fully launch...