Africa

Drillers at Ivanhoe Mines' 95%-owned Kamoa copper project in the Democratic Republic of the Congo. Credit: Ivanhoe Mines

China’s Zijin Mining invests in Ivanhoe

Fresh on the heels of its 2015 Thayer Lindsley award win for discovering the Kamoa copper deposit in the Democratic Republic of the Congo (DRC), Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has reeled in Zijin Mining as a strategic investor.


Mark Bristow, chief executive of Randgold Resources. Source: Randgold Resources

PDAC 2015: Bristow bristles at folly of gold industry

Each year in Toronto, at the Prospectors & Developers Association of Canada mining convention, chief executive Mark Bristow holds court at an early morning breakfast meeting for some of the industry’s top bankers, analysts and…


The pit at Barrick Gold's Lumwana copper mine in Zambia in 2012. Credit: Barrick Gold

Zambian royalties confound industry experts

Peter Leon is head of mining regulation at South African law firm Webber Wentzel and is a partner in the firm’s mining practice. The Northern Miner caught up with him a day before the Prospectors &Developers Association of Canada…


TSX closes higher, Feb. 23-27

Canada’s main stock index climbed as mining stocks rose on the back of higher commodity prices ahead of the annual Prospectors & Developers Association of Canada convention in Toronto. The four-day event started on March 1 and should…


Drillers at Pinecrest Resources' Enchi gold project in southwestern Ghana. Credit: Pinecrest Resouces

Pinecrest builds momentum at Enchi with maiden PEA

VANCOUVER — It’s early days for junior Pinecrest Resources (TSXV: PCR) at its Enchi gold asset in southwestern Ghana, West Africa, but the company is off to a promising start. Pinecrest has just released a preliminary economic…


Loading a container with copper concentrate at Nevsun's Bisha copper-gold mine in Eritrea. Credit: Nevsun

Nevsun CEO sees next Flin Flon in Eritrea

VANCOUVER — It’s pretty evident to industry observers that producer Nevsun Resources (TSX: NSU; NYSE-MKT: NSU) is sitting on a veritable cash generator at its Bisha copper-gold operation, 150 km west of Asmara, Eritrea. The company…


Equipment in the pit at Kinross Gold's Tasiast gold mine in Mauritania. Credit:  Kinross Gold

Kinross defers Tasiast mill expansion

Kinross Gold (TSX: K; NYSE: KGC) has put its US$1.6-billion Tasiast mill expansion project on hold to keep its balance sheet intact in the current low gold price environment, with at least one analyst thinking the firm is considering other…



A drill site at Ivanhoe Mines' Kamoa copper project in the Democratic Republic of the Congo. Credit: Ivanhoe Mines

Lateral thinking pays off for Ivanhoe at Kamoa

VANCOUVER — For the second time in just over a decade, Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) is taking home the Thayer Lindsley Award, presented by the Prospectors & Developers Association of Canada at their conference in Toronto in…


Facilities at Whitehaven Coal's Narrabri thermal coal mine in New South Wales, Australia. Credit: Whitehaven Coal

Contrarian investor Anglo Pacific picks up coal royalty

Anglo Pacific Group (TSX: APY; LSE: APF) is forking over US$60 million in cash and US$5 million in shares for a royalty on Whitehaven Coal’s (US-OTC: WHITF; ASX: WHC) Narrabri thermal coal mine in Australia at a time when the price of…


Drillers at Roxgold's Yaramoko gold project in Burkina Faso. Credit: Roxgold

Roxgold lands final permit at Yaramoko

Violent protests in Burkina Faso that forced strongman Blaise Compaoré to resign his presidency of that country in November after ruling for 27 years was just one of the uncertainties Roxgold (TSXV: ROG; US-OTC: ROGFF) faced in advancing…


The processing plant at Endeavour Mining's Tabakoto gold mine in Mali. Credit: Endeavour Mining

Endeavour beats down costs, targets debt

VANCOUVER — Gold producer Endeavour Mining (TSX: EDV; US-OTC: EDVMF) should be happy with its results over the past year. The company has dropped its all-in sustaining costs, brought a new project online and hit a gold production record.


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