Shareholders OK Ashanti agreement
Shareholders have approved the acquisition of International Gold Resources (IGC-T) by Ashanti Goldfields (AHD-T).Ashanti has a 90% interest in the Bibiani project in Ghana, with the remainder held by …
Ashanti Goldfields Company Limited
Iamgold poised to become African producer
The coming year promises to be busy for Toronto-listed International African Mining Gold, otherwise known as Iamgold. Construction has started at its 38%-owned Sadiola Hill gold mine in western Mali, …
Pangea picks up Malian licence area
Having optioned its Tanzanian projects to several major mining houses, Pangea Goldfields (TSE) is acquiring interests elsewhere in Africa.The company has acquired 20 prospecting licences in Uganda. Th…
Pangea options Tanzanian property to Ashanti
Immediately south of the Bulyanhulu gold deposit in northwestern Tanzania, Pangea Goldfields (TSE) has optioned a 213-sq.-km exploration concession to Ashanti Goldfields.The option agreement will see …
Iamgold finances African programs
A private placement valued at $15 million will aid privately owned Iamgold in its West African initiatives.The company will use the proceeds to acquire, explore and develop precious metal properties.I…