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Empowerment fund for junior miners

A new fund will be launched early February to assist and empower South African junior miners. The JSS Empowerment Mining Fund has been established by Jaltech and Stefanutti Stocks to fill a void in the small scale mining sector. “Although we will...

Credit Agricole stops financing coal mining

French bank Credit Agricole said on Wednesday it would no longer finance coal mining or miners as lenders grow increasingly uneasy about funding coal due to environmental concerns. The decision, announced at a shareholder meeting in the former...

Finding the money

For many years government and business have spoken about the need to develop SMEs as the means of creating jobs. This is exactly what junior miners do, but finding the finance and beating the challenges can be inhibiting. Making light of what is a...

African Potash drills final hole at Lac Dinga

African Potash’s (AIM: AFPO) second and final hole of its first drill campaign at the Lac Dinga Potash Project picked up where the first left off after successfully intersecting potash mineralisation. The two-hole drill programme tested two...

Sibanye Gold upgraded at HSBC

Sibanye Gold  (ADR) HSBC upgraded shares of Sibanye Gold (NASDAQ:SBGL) from an underweight rating to a neutral rating in a research report sent to investors last week, TheFlyOnTheWall.com reports. HSBC has also modified their ratings on a number of...

Stellar Diamonds moves into production

Trial mining production at Stellar Diamonds’ (AIM: STEL) Baoulé Kimberlite pipe project in Guinea is proving to be less trial and more production if the latest results are anything to go by. Operations only commenced earlier this month but already...