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Prieska Data

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Nearby Location News

  • Petra sees solid performance for 2016, to build production in year ahead 2016-09-19
    Southern Africa-focused miner Petra Diamonds expects its production for the 2017 financial year to rise to between 4.4-million and 4.6-million carats, before reaching its long-term target of five-million carats in 2018, a year earlier than expected, and rising further to about 5.3-million carats by 2019. This increase comes on the back of a 16% increase in production to 3.7-million carats in the year ended June 30, well ahead of company guidance, as well as on its expansion programmes being on track and on budget, with both the new sublevel cave at Finsch and the new block cave at Cullinan expected to deliver undiluted ore in excess of one-million tonnes each during 2017.
  • Rockwell to focus on production profile as Saxendrift output decreases 2015-06-25
    As dual-listed Rockwell Diamonds’ Saxendrift mine nears the end of its economic life, the miner will now focus on rebuilding the production profile at its existing Middle Orange River (MOR) operations, redeploying assets to newly acquired operations and expediting work on development projects. Saxendrift volumes were up 11% year-on-year to 536 000 m3 in the three months to May 31, led by improved plant and mining fleet efficiencies, with carat production up 9% year-on-year. The company was now planning for a reduced operation of 130 000 m3 a month for the remainder of the operation’s mine life.

Prieska Information

  • History 2016-08-23
    Prieska Copper is recorded as one of world%u2019s 30 largest VMS base metal deposits with recorded historical production of 0.43Mt of copper and 1Mt of zinc from 46.8Mt of sulphide ore milled.
  • General 2015-05-10
    Copper and zinc was discovered in 1968 and the Prieska Copper Mines, owned by Anglovaal Mining Ltd, was established. It became one of the country’s major base-metal mines, one of the first to have a decline from surface, using trackless mining methods. Copper was the more valuable product, but tonnage-wise more zinc was produced and even that became less and less profitable, resulting in the mines’ closure in January 1996.

Related News

  • Xtract raises funds to revive Mozambique mine 2016-11-03
    Xtract Resources has entered into a £980 000 subscription agreement with YA II EQ to provide additional working capital to further develop its Manica gold mine, in Mozambique. Xtract chairperson Colin Bird reiterated that the company was now solely focused on its Manica project after having stopped investing in the Chepica gold/copper mine, in Chile.
  • Pasinex Resources Announces High Grade DSO Sulphide Mineral Sale from the 50% owned Pinargozu Zn Mine 2016-11-03

    TORONTO, ONTARIO--(Marketwired - Nov. 3, 2016) - Pasinex Resources Limited (CSE:PSE)(CSE:PSE.CN)(FRANKFURT:PNX) (the "Company" or "Pasinex") today announced its first sale of direct shipping (DSO) high-grade zinc sulphide material from its 50%-owned Pinargozu zinc mine in Turkey. The joint venture company Horzum AS reported a sale of 991 tonnes averaging 46.82% Zn. The approximate value of the product realized was over US$700 per tonne.

  • Eastmain Resources Reports Initial Drilling and Channel Sampling Results for Eleonore South, James Bay Region, Quebec 2016-11-03

    TORONTO, ONTARIO--(Marketwired - Nov. 3, 2016) - Eastmain Resources Inc. ("Eastmain" or the "Company") (TSX:ER) is pleased to announce the reports of the Moni gold prospect channel sampling results and the first five diamond drill holes of the 12-hole Phase 1 Program (see FIGURES 1 - 4 and TABLE 1 attached). Assays are pending on the remaining seven holes. The results of the entire Phase 1 program will be used to determine the Phase 2 program expected to begin in early 2017 at the Éléonore South Joint Venture Property, in James Bay, Quebec.

  • South32 makes first acquisition, pays $200m for Peabody mine in Australia 2016-11-03
    iversified miner South32 has made its first acquisition since demerging from major BHP Billiton, spending $200-million on US major Peabody Energy’s Metropolitan colliery and its 16.67% stake in the Port Kembla coal terminal, in New South Wales. “The Metropolitan colliery is a natural fit within our portfolio and the acquisition is consistent with our strategy to invest in high-quality mining operations where we can create value,” Souht32 CEO Graham Kerr said on Thursday.
  • Pasinex Resources Announces High Grade DSO Sulphide Mineral Sale from the 50% owned Pinargozu Zn Mine 2016-11-03

    TORONTO, ONTARIO--(Marketwired - Nov. 3, 2016) - Pasinex Resources Limited (CSE:PSE)(CSE:PSE.CN)(FRANKFURT:PNX) (the "Company" or "Pasinex") today announced its first sale of direct shipping (DSO) high-grade zinc sulphide material from its 50%-owned Pinargozu zinc mine in Turkey. The joint venture company Horzum AS reported a sale of 991 tonnes averaging 46.82% Zn. The approximate value of the product realized was over US$700 per tonne.

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