Tawana tracking new Liberian prospects
9th May 2012
JOHANNESBURG, May 9 – Australian-based Tawana Resources has taken a $US10,000 exclusive 60-day option to conduct due diligence on strike extensions at its 100%-owned Mofe Creek iron project in Liberia.
MD Len Kolff says the binding agreement represents an exciting opportunity for the company to extend the strike length of its Mofe Creek holdings from 35km to 48km. The terms of the proposed acquisition from a Liberian exploration company are commercial in confidence pending agreement.
The Mofe Creek project, 100km from the Liberian capital Monrovia, is in a historic iron ore mining district. Aeromagnetics, field mapping and rock-chip sampling are planned to define target areas.
Also in the May 2 - 8, 2012 edition
- AFRICA
- Drake drill starts to turn
- Investors selling Gryphon short?
- ASIA DESK
- Rarely a dull moment
- CABBIE'S CORNER
- Mirabela meter continues to run … but where to next?
- COAL
- Bob Cameron revisits early PRB attraction
- EUROPE
- Chinese buying a catalyst for platinum gains
- FINANCE
- Crunch time coming for Hawsons partner
- Night follows Day
- The search for a deal
- FROM THE CAPITAL
- World faces promising outlook if European risks are overcome
- GOLD
- Teranga value uplift in sight
- HEAVY METAL
- ‘Solution factories’ mark SKF turning point
- INTERCEPTS
- $6B green light for Cobre Panama
- $A16M bill shocks for Murchison
- Altura works towards revised lithium resource
- Another major Magma shareholder accepts Panoramic bid
- Appeal fails to stop ResGen’s coal project
- Aquila welcomes Anketell port progress
- Arafura signs Nolans project MoU
- Arrowstar forges new iron ore path
- Aussie Q gets cash to re-start drilling
- ‘New’ Endeavour beats guidance
- BHP shuffles nickel, aluminium control
- Centamin on track for 250,000oz annual production
- Chalice signs Eritrean project development deal
- Churchill appeals over Kalimantan project
- Claim relief for Murchison
- Coalspur gets a lift from Vista Extension
- Coalworks urges no action on Whitehaven bid
- Consultant takes top Marenica role
- Copper Strike turns to African mineral sands
- Court clears way for Ebenezer coal revival
- Crocodile snaps up more Aussies
- DFS launched on Eyre Peninsula project
- Early iron ore start mooted for Barnes Hill
- Eldorado tracks 1.5Moz gold target for 2016
- Emu abandons antimony acquisition
- ENRC sidesteps demerger reports
- Equipment delays smash Golden Minerals’ production
- Erongo moves in DR Congo
- Execs calm Mongolian foreign ownership fears
- Firestone wins financial backing for Waterberg
- Funds allow Alcyone to accelerate Texas growth
- Gold Anomaly secures project funding deal
- Gold explorer taps new coal province
- Gold flows again in Greenland
- Hamilton to head Quest
- Harmony Gold hammered by lower production, higher costs
- Iluka cuts production, sales forecasts
- Johnston Range iron ore project on the Radar
- Kagara creditors line up
- Kanyika niobium project moves closer to production
- Kasbah cashes up for Moroccan tin development
- Kibaran tracks Tanzanian graphite project
- Kibo signs MoU on Tanzania property
- Kinross says still on 2012 target
- Kooragang Island leaks cost Orica
- Kryso ups gold resource to 5Moz-plus
- Leighton sticks by profit guidance
- Leighton tapped for Fortescue’s Solomon mining contract
- Loss despite record silver production
- Mali coup hangover stops Avion expansion
- Masbate boosts gold reserves past 5Moz
- Metal Bank swoops on Bowen Basin tenements
- Minco ponders long-life Woodstock mine
- Mindoro considering deals to develop Agata nickel project
- Mine demand lifts Barloworld profit
- Minotaur sets Poochera target
- New group wins BHP scope of works deal
- New leader for Chameleon manganese project
- New techniques aid Ventnor WA ore search
- Old stockpiles yield copper-gold resource
- Panoramic nabs cast-off PGM project
- Paradise a step closer for Rey
- PFS good news for Greenland’s uranium project
- Placement funds Apollo’s iron ore project
- Rapid growth continues at MacPherson’s Nimbus
- Record quarter, good guidance from San Gold
- Resource upgrade lifts Elemental confidence
- Rio Tinto links dominate Ivanhoe board
- Runruno on pace for Metals Exploration
- Sale frees Syrah for graphite exploration
- Sales JV wins higher prices for SNR
- Settlement rejection stymies Canadian gold/copper project exploration
- Shareholder funds Mt Garnet tin study
- Southern Cross set to go at Marda
- Southern Cross strengthens its WA regional reach
- Sweden: no action against Beowulf
- The cost of becoming a diversified base metals company
- Thiess wins Kalimantan coal contract
- Thompson Creek on big cash raising
- Thundelarra claims Red Bore interest
- Tigers Realm lifts Russian coal resource
- Tintina files Black Butte technical report
- Torex ready to finalise Mexican gold mine plan
- Tri-River’s big potash acquisitions track slowly
- Trial mining for Korella rock phosphate project
- Tudor to head Exalt’s Indonesian push
- Vale sells out of the kaolin business
- Village positive after Q3 production slump
- WDR boosts its Roper Bar iron resources
- Whitehaven makes its pitch for Coalworks
- ISSUES
- Report highlights staggering cost of mental illness
- MINING
- Moore about getting on with the job
- MINING INTELLIGENCE
- Productivity and safety – can you have your cake and eat it?
- MINING IT
- IT notebook: Intergraph, SEEK, NeCTAR
- Mining assaut all in the planning
- PEOPLE
- People on the move: Vale, Aldridge Minerals, Hodges Resources, Lodestar, Ivanhoe Mines, Orsu Metals
- PROJECT WATCH
- Parker Range awaits a berth
- UnCUT
- Plenty of surprises in store … not
- VIEW FROM THE WEST END
- Skills and thrills