{"id":143423,"date":"2020-04-18T09:20:49","date_gmt":"2020-04-18T09:20:49","guid":{"rendered":"https:\/\/www.bnreport.com\/proactive-weekly-mining-highlights-europa-metals-resolute-mining-anglo-pacific-rainbow-rare-earths-anglo-asian-mining\/"},"modified":"2020-04-18T09:20:49","modified_gmt":"2020-04-18T09:20:49","slug":"proactive-weekly-mining-highlights-europa-metals-resolute-mining-anglo-pacific-rainbow-rare-earths-anglo-asian-mining","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/proactive-weekly-mining-highlights-europa-metals-resolute-mining-anglo-pacific-rainbow-rare-earths-anglo-asian-mining\/","title":{"rendered":"Proactive weekly mining highlights: Europa Metals, Resolute Mining, Anglo Pacific, Rainbow Rare Earths, Anglo Asian Mining\u2026"},"content":{"rendered":"

Europa Metals Ltd (LON:EUZ), the lead-zinc and silver projects developer, has hailed high-grade recovery results from the second phase metallurgical testing at its Toral project. The results demonstrate the potential for high-grade saleable and marketable Pb and Zn concentrates, Europa said and were at the higher end of managements expectations.<\/p>\n

Resolute Mining Ltd (ASX:RSG) (LON:RSG) has received \u201chighly encouraging\u201d oxide gold drilling results from ongoing exploration at satellite deposits of the Syama Gold Mine in Mali, West Africa. Syama North results demonstrate the potential for a return to oxide mining at areas near previously mined open pits while at Tabakoroni a new zone of shallow oxide mineralisation has been identified.<\/p>\n

Rainbow Rare Earths Ltd (LON:RBW) shares jumped higher on Wednesday as it told investors that it has now exported a further 100 tonnes of concentrate, in addition to the 75 tonnes sold in February. The company noted that in Burundi the impact of the coronavirus (COVID-19) pandemic has been limited to the closure of certain borders and airports, but the import and export of goods continues to be permitted via the land border with Tanzania.<\/p>\n

Anglo Pacific Group PLC (LON:APF) is in \u201ca very strong position currently,\u201d says Julian Treger, the companys chief executive. Londons only mining royalty company of any scale put out full year results on 7 April, and they were good, showing new records in terms of revenues and earnings, and highlighting that it has access to a huge amount of financial firepower.<\/p>\n

Power Metal Resources PLC (LON:POW) has unveiled the conditional acquisition of a 51% interest in the Ditau project in Botswana for \u00a3150,000 from Kavango Resources PLC (LON:KAV).<\/p>\n

Anglo Asian Mining PLC (LON:AAZ) has repeated previous guidance that its revenues will exceed US$100mln this year. The Azerbaijan-focused gold miner said output was 18,216 ounces on an equivalent basis in the three months to March, but helped by gold's strength relative to copper there was a dip in gold production to 15,874 ounces.<\/p>\n

Galileo Resources PLC (LON:GLR) has said it is to assume the rights owned by Enviro Mining Ltd, a subsidiary of BMR Group PLC, with the exception of the Kabwe small scale mining licence and associated rights to property and plant held by Jubilee Group Metals (LON:JLP).<\/p>\n

Ariana Resources PLC (LON:AAU) continues to mine strongly from its Kiziltepe mine in Turkey with the gold producer noting that ore production was at a record level last quarter and gold output 14% was ahead of guidance.<\/p>\n

Strategic Minerals PLC (LON:SML) said it has increased underlying sales at its Cobre iron ore tailings project in New Mexico by almost 9% for the twelve-month period to March in spite of the coronavirus pandemic.<\/p>\n

The Cobre operation introduced social distancing measures early, which has allowed it to stay open even though the copper mine next door has closed temporarily.<\/p>\n

W Resources PLC (LON:WRES) has said that production from the La Parrilla mine in Spain is \u201cbuilding\u201d, though there have been challenges.<\/p>\n

The company noted that full-scale operations were put on hold in late March due to the Spanish State of Emergency amid the coronavirus (COVID-19) pandemic shutdown, but these have since been lifted for mining operations.<\/p>\n

Red Rock Resources PLC (LON:RRR) has relayed commentary from associate Jupiter Mines Ltd (ASX:JMS) on the operations of the Tshipi operations and South Africas national lockdown due to the coronavirus pandemic.<\/p>\n

Bluejay Mining PLC (LON:JAY) said it has signed a memorandum of understanding with a multinational commodity trading company and major ilmenite market participant, with a target of 200,000 tonnes per year of ilmenite production as part of ongoing commercial discussions.<\/p>\n

Jubilee Metals Group PLC (LON:JLP) moved higher on Friday after it said it has recommenced its operations in South Africa in \u201cstrict adherence\u201d to the countrys coronavirus pandemic lockdown rules.<\/p>\n

The metals processing firm said its Inyoni Surface platinum group metals (PGM) and chrome operation has resumed production, while its Windsor joint venture is preparing to recommence production \u201cshortly\u201d.<\/p>\n

Base Resources Limited (LON:BSE) has told investors that operations at the Kwale project in Kenya continue uninterrupted, with procedures in place to minimise the coronavirus (COVID-19) risks to its personnel and communities.<\/p>\n

Kodal MRead More \u2013 Source<\/a>
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