Lomon Billions acquires further equity in Xinli

Lomon Billions Group announced the acquisition of a further 26.18% of the equity in Yunnan Metallurgical Xinli Titanium Industry Co., Ltd (Xinli) for RMB53.4 million (US$7.7 million) taking its total equity interest in Xinli to 94.28%.

Sheffield starts BFS update

Sheffield Resources advised that it has commenced an update to the BFS for its Thunderbird project. The updated BFS is expected to be finalised during early Q3 2019.

Kenmare to spend US$106 million to expand Moma

Kenmare Resources announced the results of the DFS for the relocation of its WCP B to the Pilivili ore zone at its Moma mine. The project has been approved by the board and has a total

Image sells all HMC inventory

Image Resources reported it has secured sales agreements for all of its HMC inventory including HMC production through May 2019 from its Boonanarring project.

Melior update on Goondicum

Melior Resources updated progress at its Goondicum ilmenite project with commissioning continuing through April with ilmenite production of 7,830 tonnes against budget goals of 2,300 tonnes. Cumulative ilmenite production to the end of April 2019 is