Africa


Conveyor belts at Perseus Mining's Edikan gold mine in Ghana. Credit: Perseus Mining

Drills probe new mill feed for Perseus in Ghana

VANCOUVER — Golden drill results from a satellite zone that could provide higher-grade feed for the Edikan gold mine in Ghana have given owner Perseus Mining (TSX: PRU; ASX: PRU; US-OTC: PMNXF) a nice share-price boost.


Roxgold president and CEO John Dorward.

Roxgold secures debt to finance Yaramoko

Since opening its data room and inviting term sheets and proposals from lenders in April, Roxgold (TSXV: ROG; US-OTC: ROGFF) has nailed down a US$75-million senior project debt facility from Société Générale and…



TSX hits record high, June 16-20

Canada’s benchmark index gained for the third straight week. The S&P/TSX Composite Index climbed 107.36 points to finish the week at 15,108.97, before reaching an all-time closing high of 15,112.22 points a day earlier.


A drill site at Platinum Group Metals' Waterberg PGM project in South Africa. Credit: Platinum Group Metals

Platinum Group boosts resources at Waterberg

VANCOUVER — The resource at developer Platinum Group Metals’ (TSX: PTM, NYSE-MKT: PLG) Waterberg platinum group metals discovery on the North Limb of the Bushveld igneous complex in South Africa just keeps growing. A new, expanded…



A drilling crew at Papillon Resources' Fekola gold project in Mali. Credit: Papillon Resources

B2Gold to acquire Papillon Resources

Over the last six years, B2Gold (TSX: BTO; NYSE-MKT: BTG) has looked at scores of properties that it considered adding to its portfolio of assets, which includes two mines in Nicaragua, one mine in the Philippines, another under construction in…


TSX soars, June 9-13

The Toronto Stock Exchange climbed near the record high it reached six years ago, with the S&P/TSX Composite Index adding 163 points to end at 15,001.61, slightly below the record close of 15,073 set in June 2008 before the recession.




Banro's Twangiza mine, located in South Kivu province, began commercial production in September 2012 and is expected to produce 100,000 oz. gold this year. Credit: Banro

Banro faces proxy battle

Just as it’s about to bring a second gold mine in the Democratic Republic of Congo (DRC) into commercial production, Banro (TSX: BAA; NYSE-MKT: BAA) is facing a proxy battle from a dissident shareholder that claims the company is…


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