Stellar Diamonds prepares for maiden resource estimates and scoping studies at two flagship projects

Stellar Diamonds (LON:STEL) has hired a mining consultant in preparation for maiden resource estimates at its two flagship projects, it said today.

Proactive Investors Australia | August 14, 2011 | 4:08 pm

International Coal readies to test Queensland coal targets

Newly listed International Coal ( ASX: ICX ) has wasted no time with $7.7 million in hand to set its sights on an aggressive exploration program on its Queensland coal tenements.

Proactive Investors Australia | August 10, 2011 | 1:16 am

Prosperity Minerals secures 4 mln tonnes of iron ore through off-take agreement

Prosperity Minerals (LON:PMHL) says it has now secured 4 million tonnes of iron ore through a deal with Blackrock Metals of Canada. The firm has exercised its option under the offtake agreement, struck previously with Blackrock for 800,000 tonnes of ore,

Proactive Investors Australia | July 28, 2011 | 10:59 am

Universal Coal secures 40 pct ownership of plus billion tonne Berenice Coking Coal Project

Universal Coal (ASX: UNV) has moved to a direct 40% ownership of the Berenice Coking Coal Project and the Somerville project in South Africa, post the completion of the first phase of drilling and the updated resource estimate - which was completed by GEMECS. The significance of the ownership for Universal Coal is that Berenice hosts a coking coal JORC Resource of over one billion tonnes, with 218 million tonnes Indicated and 840 million tonnes Inferred.

Proactive Investors Australia | July 28, 2011 | 1:51 am

African Queen, mineral exploration company set for upside

African Queen Mines (CVE:AQ) is an exploratory resource company focused in Africa, with loads of development potential. Being at its lowest share price in two years due a recent hammering of small-cap junior mining stocks, the company is set for significant upside potential, asserted CEO Irwin Olian to Proactiveinvestors.

Proactive Investors Australia | July 23, 2011 | 5:30 pm

Silver Lake Resources gold production cash costs just A$432 per ounce at Wombola

Silver Lake Resources ( ASX: SLR ) is set to commence gold production at the Wombola Dam open pit in September 2011, which forms part of the company's larger Mount Monger Operations.

Proactive Investors Australia | July 21, 2011 | 2:06 am

Botswana Metals hits high grade copper silver at Dibete, near Airstrip prospect in Botswana

Botswana Metals (ASX: BML) has intersected high grade copper and silver from a 6000-metre drill program completed at the Dibete prospect in Botswana, adding weight to the resource estimation study set to be carried out following the next phase of drilling.

Proactive Investors Australia | July 19, 2011 | 2:27 am

Ikwezi Mining focused on South African coal, IPO hits ASX boards at 10 pct premium

Ikwezi Mining (ASX: IKW) has been admitted to the ASX after a successful IPO which offered 150 million shares at $0.20 to raise around A$30 million.

Proactive Investors Australia | July 19, 2011 | 2:27 am

Apollo Minerals metallurgical results point to commercial iron ore production at Mt Oscar

Apollo Minerals (ASX: AON) has received metallurgical test work results from the initial drilling program of Unit A at its Mt Oscar Main Iron Ore Project, indicating potential to produce iron ore concentrates suitable for steel making.

Proactive Investors Australia | July 14, 2011 | 4:39 am

IMX Resources reaches 500,000t shipped ore milestone from Cairn Hill in just 7 months

Economies of scale are now being reached at Cairn Hill, as unit costs per tonne are falling as production is being ramped up. Phase one ore at the operation is expected to deliver 7.9Mt from two pits, generating revenue of A$250m at current prices.

Proactive Investors Australia | July 4, 2011 | 12:43 pm

Botswana Diamonds stays upbeat on exploration programme

Botswana Diamonds (LON:BOD) issued a mixed update on its exploration activities in Botswana but believes there are enough positives for it to press ahead with work aimed at furthering the assessment of its key prospects, most notably the AK9 structure, which is believes to hold considerable upside potential. The company is currently intent on refining the grade per ton and value per carat of diamonds discovered by prior work in kimberlites AK9, AK8 and BK5 in Botswana.

Proactive Investors Australia | July 2, 2011 | 7:06 pm

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