U.S. equities posted heavy losses as commodities plunged and economic data showed weekly applications for unemployment insurance rose to an eight-month high. The Dow Jones Industrial Average dropped 171.8 points or 1.34% to close the Apr….
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Starting at a depth of 6 metres, Roxgold (ROG-V) drilled 20 metres of 28.61 grams gold per tonne at the Bagassi Central target of its Yaramoko gold project in Burkina Faso. Further downhole, starting at 38 metres, a separate 11-metre…
China’s mergers and acquisitions are “stepping up a notch” and with access to cheaper capital from state-owned banks, the Chinese will “continue to outbid the existing producers for assets,” predict the authors of a recent Citi Investment…
A Chinese group that invested heavily in Tanzania-focused gold explorer Canaco Resources (CAN-V) just before Canaco discovered the Handeni gold deposit has added to its large interest in Nova Scotia explorer Silvore Fox Minerals (SFX-V).
Belo Sun (BSX-V) is beefing up resources at its Volta Grande gold project in Brazil’s Para state, with plans of completing a feasibility study by year-end.
Colossus Minerals (CSI-T) has cut a monster intercept from its 75%-owned Serra Pelada polymetallic project in Brazil’s Para state.
After completing more than 10,300 metres of drilling in the past year at its Shining Tree gold project in northeastern Ontario, Montreal-based Creso Exploration (CXT-V) has signed a preliminary joint venture (JV) agreement with the well-known…
Just days after saying that a document regarding a possible takeover was a fake, Banro (BAA-T, BAA-X) has announced that it will team up with a Chinese major.
Montreal-based Semafo (SMF-T) says operations at its flagship Mana gold mine in Burkina Faso have not suffered any disruptions as a result of recent military unrest across the country. In April, soldiers in several small towns and the capital…
Robin Phinney thought he had put a successful career as a chemical engineer behind him, but the search for the world’s next great potash deposit proved too enticing to resist.
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