Semafo reports more killings near mines in Burkina Faso
On Nov. 30, Burkina Faso government security forces were attacked on the road between Semafo‘s (TSX: SMF) Fada and Boungou mine, about 40 km away, leaving four gendarmes and a driver…
Africa
Newmont’s Subika underground starts commercial production in Ghana
Newmont Mining’s (NYSE: NEM) Ahafo mine in Ghana started producing gold from an open pit in 2006 and now the underground portion of the mine has launched commercial production on…
Eight killed in attack on Foraco camp in Niger
Drilling company Foraco International (TSX: FAR) has reported that a terrorist attack at its camp in Toumour Village in Niger’s remote southeast has left 8 people dead and five wounded….
Lucara brings Clara digital sales platform online
Lucara Diamond (TSX: LUC) announced in October that its new sales platform Clara Diamond Solutions, is ready for its first sale of diamonds in November. The platform is meant to…
US Markets mixed, Nov. 12-16
Gold rose 0.9% to close the trading week at US$1,221.10. The Philadelphia Gold and Silver Index rose 2.9% to 66.08, while the Dow Jones Industrial Average fell 2.2% to 25,413.22….
Kamoto Copper resumes exports after DRC lifts freeze order
Katanga Mining’s (TSX: KAT; US-OTC: KATFF) 75%-owned subsidiary, Kamoto Copper, has resumed importing and exporting materials, including production to and from the Democratic Republic of the Congo, after the government…
Endeavour increases indicated resource 90% at Kari Pump
Endeavour Mining (TSX: EDV; US-OTC: EDVMF) has increased the Kari Pump indicated resource at its Hounde gold mine in Burkina Faso by 40% at a $9 per oz. gold discovery…
Orca tables feasibility study for Block 14 in Sudan
Orca Gold (TSXV: ORG; US-OTC: CANWF) has tabled a feasibility study for its Block 14 gold project in northern Sudan, and with it the project’s first reserve estimate. At a…
Editorial: Kamoto halt highlights cobalt’s unpredictability
Anyone needing a reminder of the tenuousness of the global cobalt market — which plays a major role in underpinning the global boom in electric vehicles (EVs) — need only…
B2Gold hits record gold production in Q3
B2Gold (TSX: BTO; NYSE: BTG) produced a record 242,020 oz. gold in 2018’s third quarter, 78% higher than in the same quarter of the previous year. It attributed its success…
Caledonia buys back 15% interest in Blanket gold mine
Caledonia Mining (TSX: CAL; NYSE: CMCL) has agreed to buy back Fremiro Investments’ 15% shareholding in the Blanket gold mine in Zimbabwe in a deal valued at US$16.6 million. After completing…
TSX posts gains, Oct. 29-Nov. 2
After falling as low as 14,639.70 in October 2018, Canada’s benchmark index rebounded to end the trading week up 1.55% to 15,119.28. The S&P/TSX Global Mining Index rose 5.9% to…