Brilliant Resources looks to shine in Equatorial Guinea
There are few countries in the world without active mineral exploration, but before Brilliant Resources (BLT-V) showed up, Equatorial Guinea was one of them.
There are few countries in the world without active mineral exploration, but before Brilliant Resources (BLT-V) showed up, Equatorial Guinea was one of them.
They say for every mine put into production, a thousand other geological prospects are tested and found lacking. Notwithstanding the small probability of achieving just one success over a life-long career in mining, a small group of promoters…
Burkina Faso has recently seen more gold mining due to its relatively stable government, favourable geology, modern mining code and attractive fiscal regime.
Montreal-based Semafo’s (SMF-T) three operating mines in West Africa are expected to produce between 235,000 oz. gold and 260,000 oz. gold on a consolidated basis in 2012 at an estimated operating cash cost of US$700 to US$750 per oz.,…
Australia-based PMI Gold (PMV-V) has outlined a 205,000-oz.-gold-per-year operation in a prefeasibility study on its Obotan gold project in Ghana.
Rockgate Capital (RGT-T) recently reported a 258% increase in the contained uranium resource in the measured and indicated category at the Falea project in Western Mali.
Dominican Republic-focused Unigold (UGD-V) saw its share price double on news of some impressive gold intercepts from its Neita property in the country’s northwest corner.
Caledonia Mining (CAL-T, CMCL-L) says total gold production for 2011 more than doubled at its Blanket mine in southwestern Zimbabwe, pushing its stock up nearly 9%.
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