True Gold making good Karma in Burkina Faso
True Gold Mining’s (TGM-V) Karma project in Burkina Faso keeps getting better and better.
Africa
Aureus takes a fresh look at New Liberty
Aureus Mining (AUE-T, AUE-L) has updated a definitive feasibility study for its fully permitted New Liberty gold project in northwestern Liberia, confirming promising economics for what could become the country’s first commercial…
Roxgold advances Yaramoko
Pierre Vaillancourt of Macquarie Equities Research has initiated coverage of Roxgold (ROG-V) with an outperform rating and a 12-month target price of $1.50 per share—200% higher than its current trading price of 50¢.
Lucara sells diamonds for $25M
Lucara Diamond (LUC-T) has raked in more revenue than expected from its first special diamond sale for its Karowe diamond mine in Botswana.
Paladin waits for fundamentals to take hold
The supply and demand fundamentals arguing for a lift in the uranium price are plain to see, but the market remains moribund.
Nevsun optimistic about new zone near Bisha
VANCOUVER — Drills probing the Northwest zone, a satellite zone 1.2 km from Nevsun Resources’ (NSU-T, NSU-N) operating Bisha gold mine in Eritrea, are finding high-grade gold, copper and zinc — just not all in the same place.
Terrorists strike Areva in Niger
Niger’s northern desert hosts world-class uranium deposits, but unfortunately it is also playing host to terrorists.
K+S teams up with NGO to help Ugandan farmers
Germany-based fertilizer giant K+S AG (SDF-F) has signed a co-operation agreement with Sasakawa Africa Association in an effort to help farmers in Uganda.
Esaase prefeasibility puts Asanko on production path
VANCOUVER — With a new name and a new prefeasibility study for its flagship gold project in Ghana, Asanko Gold (AKG-T, AKG-N) is pushing towards production.
Sunridge brightens Asmara’s economics
Sunridge Gold (SGC-V) has outlined stronger economics for its prized Asmara copper-zinc-gold project in Eritrea in a feasibility study that outshines last year’s prefeasibility study.
Golden Star gets grade at depth
Golden Star Resources (GSC-T, GSS-N) has released impressive drill results from its Wassa gold mine in Ghana, but the economic implications of the mineralization are still unclear.
Lundin on track despite first-quarter zinc setback
VANCOUVER — Diversified base metal producer Lundin Mining (LUN-T) is on target to meet its guidance this year despite lower-than-anticipated production during the first quarter at its wholly owned Zinkgruvan zinc-lead-copper mine, 200 km…