Tango Mining recovers 42.25 carat diamond from Oena
Vancouver-based Tango Mining (TSXV: TGV) has recovered a 42.25 carat diamond from run of mine gravel at the Oena diamond mine in westernmost South Africa. Tango plans to sell the…
Africa
Tajiri raises $1.9M for work at Reo in Burkina
Vancouver-based Tajiri Resources (TSXV: TAJ) has closed a $1.9 million financing, with the net funds to be directed towards licensing and exploration at its newly acquired, grassroots Reo gold project…
Another management change at Roxgold, with Sapuppo to become CFO
In its third management change in as many months, Roxgold (TSX: ROXG) has appointed a new chief financial officer. Roxgold’s current CFO — Natacha Garoute — will stay in the…
De Beers bids $107M for Peregrine
De Beers has tabled a friendly bid for Peregrine Diamonds (TSX: PGD; US-OTC: PGDIF) of 24¢ in cash per share that values the Canadian diamond exploration company at $107 million….
The Northern Miner Podcast – Miner Moment #12: Eira Thomas explains Lucara’s plans to ‘completely disrupt’ global diamond sales
This Miner Moment features an excerpt from TNM Podcast #112 of Lucara Diamond president and CEO Eira Thomas telling about her company’s plans to “completely disrupt how we sell diamonds”…
TSX rises while gold falls, July 9-13
Canada’s benchmark index rose 1.15% to 16,561.12 on a down trading week. The S&P/TSX Global Mining Index fell 1.6% to 73.19 and the S&P/TSX Global Gold Index fell 2.76% to…
The Northern Miner Podcast – episode 112: Gren and Eira Thomas – feature interview with two icons of Canadian diamond mining
Recorded live at The Northern Miner‘s inaugural Diamonds in Canada Symposium in Toronto in June 2018, this episode features in-depth “fireside” chats with two Canadian diamond mining icons: Canadian Mining…
US markets down, June 25-29
Gold fell 1.3% to close at US$1,252.4, as threats of a trade war with China continue to loom over the United States. The Philadelphia Gold and Silver Index slipped 0.5%…
Africa Snapshot: Eight juniors on the hunt for precious metals, battery minerals
Apart from the usual gold targets in West Africa and base metals in the Copperbelt, a couple of new trends in the junior exploration and development scene in Africa are…
Nevsun’s Bisha not going away any time soon
It looks like the Bisha zinc-copper mine in Eritrea is going to be around a little longer — or perhaps a lot longer than most would have expected, after its…
Editorial: New DRC mining code comes into force
After months of outcry from foreign mining companies active in the Democratic Republic of the Congo (DRC), the new DRC mining code proposed in March was signed into law with…
CITIC buys 19.9% of Ivanhoe
CITIC Metal, subsidiary of Chinese company CITIC, will acquire a 19.9% stake in Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF), making it the company’s largest single shareholder. The companies signed the…