Joseph Espi’s Post

🇨🇳 🇹🇿 "China’s Shenghe Gains on Plan to Buy Heavy Mineral Sand Projects in Tanzania for USD29 Million" 🇦🇺 🇬🇧 (Yicai) May 20 -- Shares of Shenghe Resources Holding rose after the Chinese miner said it plans to invest AUD43 million (USD28.8 million) to acquire heavy mineral sand projects in Tanzania to guarantee the supply of the above raw materials. Shenghe [SHA: 600392] was trading up 3.1 percent at CNY10.47 (USD1.45) as of 10.30 a.m. in Shanghai today. Shenghe’s subsidiary Chenguang Rare Earths New Material signed a deal with Strandline Resources to buy the latter’s subsidiary Strandline Resources UK to obtain..... 👉 Article: https://lnkd.in/dyWVt64K 🌍 TA RawMaterials: https://lnkd.in/d_Np2KpZ (supported by EIT RawMaterials) #rareearths #mineralsands #tanzania #china #rareearth #criticalminerals #geopolitics #investment #mining

Titan Minerals Ltd (ASX:TTM) (OTC:TTTNF) has unearthed more #gold mineralisation in trench sampling at the Tomahawk gold discovery, part of the Dynasty Gold Project in Ecuador. Tomahawk is a newly discovered target, identified earlier this year with reconnaissance soil sampling, and is yet to be tested by the drill bit. Trenching has produced a sample of 5 metres at 5.0 g/t gold and 20.6 g/t silver at the discovery, with a higher-grade portion of 2 metres at 11.2 g/t gold and 33 g/t silver. The results from Tomahawk follow high-grade trenching results from the Iguana prospect, also outside the current mineral resource, of up to 3 metres at 21.4 g/t gold and 14.1 g/t silver. “It’s exciting that our exploration efforts are being rewarded with high-grade gold results from trenching in several of our newly identified exploration targets at the Dynasty Gold Project,” Titan Minerals CEO Melanie Leighton said. More at #Proactive #ProactiveInvestors #ASX #TTM #MiningAustralia #GoldMining #GoldStocks http://ow.ly/sMEv105MOPT

via StockHound Black Canyon Limited has recently made a significant announcement regarding its Balfour Manganese Field (BMF). #BCA has completed two JORC 2012 Exploration Target Estimates (ETE) for the Pickering and Balfour East prospects. These estimates reveal a total of ETE estimated between 160 and 215 million tonnes, at 11 to 12% manganese content. This discovery places the BMF among the few substantial deposits outside of Africa, situated in a mining-friendly region like Western Australia. The ETE is an addition to the Global Mineral Resources already identified across BMF projects, totalling 314 million tonnes at 10.5% #manganese, containing 33.1 million tonnes of manganese. Learn more: https://loom.ly/aLR2dMA #BlackCanyon #ASX

Lightning Minerals Ltd (ASX:L1M) has received encouraging results from a recent auger sampling program at its 100%-owned Mailman Hill Gold Project 30 kilometres east of Leonora near Kalgoorlie in Western Australia and is planning the next phase of work. The Labwest UFF+ analysis technique results highlight three broad clustered areas of interest for follow-up exploration, with multiple results above 15 parts per billion (ppb) #gold and peak gold anomalism of 141 ppb. First-pass sampling aimed to identify drill targets which may be an extension to Cavalier Resources’ Crawford Gold Project which hosts 3.75 million tonnes at 1.0 g/t for 118,000 inferred + indicated ounces and initial ore reserve of 1 million tonnes at 0.91 g/t for 29,000 ounces. More at #Proactive #ProactiveInvestors #GoldMining #GoldStocks http://ow.ly/3sLA105GgWC

THE GIANT HOLES OR TUMOR AND THE DESTRUCTION OF WEST PAPUA'S RIVER SYSTEM BY THIS CONTROVERSIAL MINE WHICH IS NOT A BLESSING BUT A CURSE TO THE WEST PAPUAN PEOPLE. This controversial mine is located in the occupied territory of West Papua. This is where the world's largest gold deposits are located . This area is heavily controlled by foreign aliens and greedy capitalists who are only interested in making money and getting themselves rich overnight without thinking of 500,000 indigenous Papuans who have lost their lives or have been displaced because they never wanted to be part of Indonesia and will never considered themselves as Indonesians because native Papuans or black people and part of the greater Melanesian Pacific family. To learn more about West Papua, follow this link and  watch the video. https://lnkd.in/gh_9QMaB The Grasberg Mine is the largest gold mine and the third largest copper mine in the world. It is located in the province of Papua in Indonesia near Puncak Jaya, the highest mountain in Papua, and it has 19,500 employees. It is mostly owned by Freeport-McMoRan, which owns 90.64% of PT Freeport Indonesia, the principal operating subsidiary in Indonesia, including 9.36% owned through its wholly owned subsidiary, PT Indocopper Investama. The Government of Indonesia owns the remaining 9.36% of PT Freeport Indonesia. FCX operates under an agreement with the Government of Indonesia, which allows Freeport to conduct exploration, mining and production activities in a 27,400-acre area (Block A). It also conducts exploration activities in an 413,000-acre area (Block B). All of Freeport's proven and probable mineral reserves and current mining operations are located in Block A. The 2006 production was 610,800 tonnes of copper; 58,474,392 grams of gold; and 174,458,971 grams of silver.

Exciting news out of New Zealand today! We're pleased to share that we have extended high-grade mineralization at Wharekirauponga as a result of our ongoing exploration and resource conversion program. We also welcome yesterday's announcement by New Zealand's recently elected Government to create a new fast-track consenting (permitting) process for projects of regional and national significance. Gerard Bond, President & CEO of OceanaGold, said: “Today’s drill results align with our strategy of adding value through near-mine resource conversion and growth. Much of 2023’s drilling was focused on converting resources at Wharekirauponga and today’s results continue to demonstrate the excellent grade and continuity within the EG vein. Ongoing and planned drilling in 2024 will step out to the south on the EG vein to further define the extent of high-grade mineralization of this exceptional deposit." "The recently announced introduction of the Fast Track Approvals Bill signals a new focus by the New Zealand government to facilitate the delivery of significant development projects, including mining.   In its introduction into parliament, the Bill received strong support from the Minister for Regional Development and for Resources.  We look forward to learning more about the Government’s criteria and process for fast-track approvals, given the potential for accelerated permitting of the Waihi North Project, which includes Wharekirauponga. Development of Wharekirauponga has the potential to contribute significantly to the New Zealand economy, while maintaining a strong focus on environmental and social stewardship.” #OGC #DrillResults

The Board of Debswana, the 50:50 diamond mining joint venture between De Beers Group and the Government of the Republic of Botswana, today announced it had approved investment for the next key development phase of the Jwaneng underground project, paving the way for the world’s most valuable diamond mine to transition from open pit to underground operations. The ~$1 billion investment in this phase of works, known as the Exploration Access Development Phase, will contribute to the development of essential infrastructure to support forthcoming stages of the project.   Our CEO and Debswana Deputy Board Chairman, Al Cook, said: "Jwaneng stands proudly as the world’s greatest diamond mine. It is a central pillar of both the Botswana economy and the De Beers Group business. The global supply of natural diamonds is falling, so moving forward with the Jwaneng Underground Project creates new value for investors, brings new technology to the country, creates new skills for our workforce and provides new gems for customers around the world. This investment is aligned with our strategy to prioritise investments in the highest quality projects. We are proud to work in partnership with the Botswana Government in creating a bright future for Debswana.”   Pending relevant future Debswana Board approvals, the Jwaneng underground project will ensure a long-term future for the mine while creating new jobs in Botswana and ensuring Debswana continues to make a significant contribution to Botswana's economy.   Read more here: https://lnkd.in/e2Mww9F8 #DeBeers #diamonds #Jwaneng #Debswana

The Board of Debswana, the 50:50 diamond mining joint venture between De Beers Group and the Government of the Republic of Botswana, today announced it had approved investment for the next key development phase of the Jwaneng underground project, paving the way for the world’s most valuable diamond mine to transition from open pit to underground operations. The ~$1 billion investment in this phase of works, known as the Exploration Access Development Phase, will contribute to the development of essential infrastructure to support forthcoming stages of the project.   Our CEO and Debswana Deputy Board Chairman, Al Cook, said: "Jwaneng stands proudly as the world’s greatest diamond mine. It is a central pillar of both the Botswana economy and the De Beers Group business. The global supply of natural diamonds is falling, so moving forward with the Jwaneng Underground Project creates new value for investors, brings new technology to the country, creates new skills for our workforce and provides new gems for customers around the world. This investment is aligned with our strategy to prioritise investments in the highest quality projects. We are proud to work in partnership with the Botswana Government in creating a bright future for Debswana.”   Pending relevant future Debswana Board approvals, the Jwaneng underground project will ensure a long-term future for the mine while creating new jobs in Botswana and ensuring Debswana continues to make a significant contribution to Botswana's economy.   Read more here: https://lnkd.in/e2Mww9F8 #DeBeers #diamonds #Jwaneng #Debswana

TSX listed Giyani Metals’ K.Hill manganese project close to Kanye in the south of Botswana will be this southern African country’s first manganese mine. Botswana is better known for its diamond, copper, gold and nickel mining operations. Botswana is one of the most popular mining destinations in Africa. The process of acquiring a mining license is streamlined, there is political stability and regulatory certainty which makes it easy to do business in Botswana.   According to Charles FitzRoy, President and CEO of Giyani Metals, the speed of the mining licence application process demonstrates the pace that permitting moves in Botswana. “It also shows the positive support that Giyani Metals has in-country from its stakeholders for the only fully integrated battery-grade manganese project in Botswana." “The efficiency with the mining licence receipt reflects the collaborative relationship between the company, government entities and local communities, ensuring that both national and community-level benefits are prioritised,” says FitzRoy. The mining licence for K.Hill was granted less than nine months from filing an application in December 2023. The mining licence is valid for 15 years and under the Botswana Mines and Minerals Act, it can be renewed multiple times, for up to 25 years each renewal. To read the full article click on the link below or visit the WhyAfrica website, your one-stop-shop for on-the-ground information and business intelligence about Africa. WhyAfrica specialises in the sustainable utilisation and responsible extraction of Africa’s natural resources. WhyAfrica supports and covers the empowerment of African communities, especially women and the youth, through sustainable development projects. Leon Louw #whyafrica #whyafricaroadtrips #africa #botswana #mining #exploration #quarrying #equipment #agriculture #farming #forestry #ESG #infrastructure #watermanagement #energy #tourism #sustainability #carbonemissions #naturalresources #environment #naturalresourcemangement #environmentalmanagent #biodiversity #conservation #travel #climatechange #extremeweatherevents    https://lnkd.in/diHmVi3s