Hecla to sell Quebec mine to Orezone, focus on silver
Hecla Mining (NYSE: HL) agreed to sell its Casa Berardi gold mine in Quebec and a clutch of nearby exploration properties to Orezone Gold (TSX: ORE; US-OTC: ORZCF) for up to…
Orezone Gold
Sahel talks spur West African Resources’ ASX return
The Australia Stock Exchange reinstated West African Resources’ (ASX: WAF) shares after the company reported progress in discussions with the Burkina Faso government, which has sought to nationalize natural resources….
Sahel faces widening security threats, analysts say
Despite military governments across West Africa, the region’s security situation is worsening as insurgents flush with kidnapping ransoms and illegal mining profits threaten fuel supplies and road networks, according to…
Burkina Faso seeks to ease investor concerns
Burkina Faso, Africa’s fourth-largest gold producer, is trying to reassure international miners that its request to acquire more of West African Resources’ (ASX: WAF) Kiaka gold mine is an option,…
Quick riches dominate West African junta plans
Heightened state control of natural resources is sweeping across the globe as China limits critical mineral exports and the Trump administration fast-tracks projects. But nowhere is the concept more gripping…
Robex files prospectus for $77M Australia IPO
Canadian miner Robex Resources (TSX: RBX) filed a prospectus with Australian securities regulators for an estimated A$120 million (US$77 million) initial public offering that will help pay for a new…
Canadian miners weigh Australian dual listings
Canadian mining companies are exploring dual listings on the Australian Stock Exchange amid weak domestic liquidity, according to analysts and companies. Since 2018, there have been a few dual listings…
Orezone to commission Bomboré plant expansion in Q4
Orezone Gold (TSX: ORE; US-OTC: ORZCF) is on track to commission a new hard rock plant later this year at its operating Bomboré mine in Burkina Faso that will boost…
Mali junta frees Resolute CEO
Resolute Mining (ASX: RSG; LSE: RSG) CEO Terence Holohan and two colleagues have been released from detention by Malian authorities, the company said on Thursday. “All three employees are safe…
Risks rise in Mali as junta holds Resolute CEO
Shares in Resolute Mining (ASX: RSG; LSE: RSG) lost a third of their value on Monday after the Australian gold miner said Mali’s military government detained CEO Terence Holohan and two senior…
Burkina Faso ruler threatens gold licences, but Endeavour downplays comments
Endeavour Mining (TSX: EDV; LSE: EDV; US-OTC: EDVMF) and West African Resources (ASX: WAF) say their operations in Burkina Faso are unaffected after the country’s president said some mining licences may…
Orezone lands US$105M to expand Bomboré gold mine
Orezone Gold (TSX: ORE; US-OTC: ORZCF) has secured US$105 million in funding commitments to expand its flagship Bomboré gold mine in Burkina Faso, which achieved commercial production in late 2022….