Neometals battery recycling pilot testwork nickel recovery exceeds expectations

   Neometals {ASX: NMT}

Reported that its lithium-ion battery recycling pilot generates exceptional purity (+99.9%) nickel sulphate product at high recovery rate (+98%).

These results materially surpass scoping study assumptions, and this pilot test-work program remains on track for substantial completion this calendar year. Continue reading

Mines and Money – London 2019

Mines and Money – London 2019

The 2019 Mines and Money show returned to Islington, and for once the weather was reasonable, but the atmosphere in the show was not so good, with a real lack of ‘buzz’, and the show felt lifeless.

The attendance seemed less than last year, but can be deceptive given that certain keynote speakers draw the crowds away from the exhibition floor, but it never seemed that busy. Continue reading

Colonial Coal issue new PEA for Huguenot with improved economics

   Colonial Coal {TSX.V: CAD}

Published an updated PEA for their Huguenot hard coking coal project in B.C.

This new look at the project,  addresses expanding the open pit, to incorporate more coal than originally planned , then introduces the concept of leasing rather than buying the mining equipment, producing a $200 million capex saving.  Continue reading

Tinka Resources release high grade drill results at Ayawilca, Peru

   Tinka Resources Ltd. {TSX.V: TK}

Released assay results for the final hole of the 2019 drill program at the company’s 100-per-cent-owned Ayawilca project in the Pasco region of Peru.

Drill hole A19-168, an infill hole at South Ayawilca, intersected several zones of high-grade zinc mineralisation including 26.1 metres grading 10.1 per cent zinc, and 3.6 metres grading 42.4 per cent zinc. Continue reading

Colonial Coal price soars 60% after new director appointment

   Colonial Coal TSX.V: CAD}

Since announcing the appointment of Partha S. Bhattacharyya to Colonial Coal International Corp.’s board of directors, the share price has soared some 60%, and the volume of shares traded has increased exponentially.

This is testament to the high esteem Partha is held in within the coal industry, and the anticipation that his appointment may open some large doors for Colonial. Continue reading

London 121 Mining Forum – Day 2

  121 Mining Forum – London – Day 2

Not so well attended as yesterday, but still busy at the second and final day of the conference.

By late afternoon many are wilting under the onslaught of either giving or receiving presentations for two long days, and the drinks couldn’t cone quick enough.

Despite lacking ‘buzz’, I found a few companies I liked. Continue reading

Colonial Coal announce a significant director appointment

   Colonial Coal International Corp. (TSX-V: CAD)

David Austin, Colonial Coal’s Chairman, announced that Partha S. Bhattacharyya has kindly consented to be appointed to the Company’s Board of Directors..

This is a significant appointment as Mr. Bhattacharyya is the former Chairman and Managing Director of Coal India Limited. (CIL). Continue reading

Start of two busy weeks for London mining investors

Mining investor news

Monday the 18th November marks the start of two busy weeks for London mining investors, with luncheon presentations and the 121 mining conference this week.

This is followed by Mines and Money the following week, and finishing off with Mining Capital Finance, Minex, and the final day of Mines and Money, all on the same day!

Friday the 29th November only has the Tin Conference, to end a frantic two weeks of presentations and hospitality. Continue reading

OneCoin’s Ignatov pleads guilty in a surprise development


In a surprise development, Konstantin Ignatov, the brother of missing “cryptoqueen” Dr Ruja Ignatova, has admitted his role in the OneCoin crypto-currency fraud, to investigators in the USA.

Ignatov pleaded guilty to several charges, including money laundering, and fraud. The ponzi scheme is rumours to have raised several billion dollars from unsuspecting investors, and is still running. Continue reading

Thor Mining’s Kapunda copper project partner commences testing of in situ recovery

   Thor Mining {ASX / AIM: THR)

Thor’s associate partner in the Kapunda copper project in South Australia, EnviroCopper, has started field pumping tests.

EnviroCopper can earn up to 75% of the rights over metals produced by in-situ recovery at Kapunda, and Thor holds 25% of EnviroCopper, with an option to increase to 30%. Continue reading