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optimum coal mine Liberty extends deadline for retrenched Optimum workers to apply for reemployment
Published: 24 Jun 24
Coal mining company Liberty Coal has confirmed that it will be extending the deadline for former Optimum Coal Mine (OCM) employees to submit their applications for reemployment. The company said on June 24 that this was part of its prioritisation of the reemployment of former employees who were retrenched by OCM, which remains in business rescue.
Galileo to undertake Phase 3 drill programme at Zambian project
Published: 24 Jun 24
Aim-listed Galileo Resources has decided to undertake a Phase 3 drill programme to validate its current view that near-surface copper/gold mineralisation occurs along the Shinganda fault splay over a strike length of potentially more than 4 km, offering scope for the development of a preliminary mineral resource at the Shinganda copper/gold project, in Zambia. The Phase 1 and 2 drill programmes have confirmed the presence of copper/gold mineralisation associated with major regional and more localised structures.
An image of Orion CEO and MD Errol Smart Drilling programme at Orion’s Okiep project confirms high-grade potential
Published: 24 Jun 24
JSE- and ASX-listed Orion Minerals has reported further “outstanding” assay results from the confirmation diamond drilling programme in the Flat Mines area at its Okiep copper project (OCP), in the Northern Cape, South Africa. The latest results add further momentum to Orion’s development strategy for the OCP, building on the initial results reported on April 22 and confirming the geology and endowment of the Flat Mines area, the company notes in a statement.
Calibre's El Limon complex in Nicaragua B2Gold sells C$139m Calibre shares
Published: 24 Jun 24
Vancouver-headquartered B2Gold has announced the sale of 79-million shares of Calibre Mining for gross proceeds of C$139.04-million. Immediately prior to the transaction, announced on Friday, B2Gold owned 110 950 333 common shares of Calibre, representing about 14.1% of the company’s stock. B2Gold’s ownership has decreased to less than 10% of the issued and outstanding common shares.
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