Fortuna betting on West Africa to boost gold output
Séguéla, Côte d’Ivoire – West Africa is poised to play a pivotal role in Fortuna Mining’s (TSX: FVI; NYSE: FSM) drive to boost annual gold output past the 500,000 oz. mark…
Africa
Appian backs Atlantic’s Barrick mine buyout with $150M
U.K. private-equity firm Appian Capital Advisory said on Wednesday it has provided a US$150 million financing package to support the Atlantic Group’s buyout of a West African gold mine from…
Ivanhoe sees 2026 Kakula copper output below 2024
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) said copper output next year at its Kamoa-Kakula complex in the Democratic Republic of Congo should lag 2024 levels even as efforts to rehabilitate the…
Site visit: Fortuna’s Séguéla gold mine poised for growth
Séguéla, Côte d’Ivoire – Fortuna Mining’s (TSX: FVI; NYSE: FSM) success in expanding its flagship Séguéla mine in Côte d’Ivoire has surprised even some of its own employees. Vancouver-based Fortuna last month…
Glencore cuts 2026 copper target, plots long-term jump
Mining and commodities giant Glencore (LSE: GLEN) plans to expand annual copper production to about 1.6 million tonnes by 2035 as it seeks to reverse a multi-year slump in output….
Endeavour aims for 15M oz in 5-year exploration push
Endeavour’s $540M plan expands operations and adds 6Moz via greenfield projects, including two to three potential cornerstone assets.
Kodal ships first lithium from Mali to China
Kodal Minerals (LSE: KOD) says it has completed its first shipment of lithium spodumene concentrates produced at its Bougouni mine in southern Mali to its offtake partner in China. A…
Ivanhoe Mines fires up Africa’s largest copper smelter
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) recently ignited what it touts as the largest and greenest copper smelter in Africa, with first feed of concentrates by the end of this…
Montage acquires African Gold for $170M
Montage Gold (TSX: MAU, US-OTC: MAUTF) is acquiring Australia’s African Gold (ASX: A1G) in a move that expands the company’s presence in Côte d’Ivoire and adds nearly 1 million oz….
Allied discovers new targets at Ethiopia gold project
Allied Gold (TSX, NYSE: AAUC) said recent drilling at its Kurmuk property in western Ethiopia has identified at least five new target areas, bolstering the case for a high-volume 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….
Aya posts strongest intercept yet at Boumadine
Aya Gold & Silver (TSX: AYA; US-OTC: AYASF) said new drilling at its Boumadine polymetallic project in Morocco yielded the strongest mineralized intercept so far while identifying a new high-grade…