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.
Africa
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…
Kinross’ $2.7B expansion plan at Tasiast raises more questions
VANCOUVER — Kinross Gold (K-T, KGC-N) has endured plenty of criticism since acquiring Red Back Mining and its Tasiast gold project for a hefty US$7.1 billion three years ago. And the company provided markets with more questions than…
South Africa searches for balance in mineral development
VANCOUVER — It has been a tumultuous year for the mining industry in South Africa, as volatile platinum markets and socio-political turmoil raise questions about how the nation’s government can develop its rich mineral reserves…
TrueGold gets a cash boost from Teck
VANCOUVER — Vancouver-based TrueGold Mining (TGM-C) has received a capital shot in the arm and a vote of confidence from Teck Resources (TCK-T, TCK-N) in the form of a $10-million non-brokered private placement that sees Teck take…
Centamin comments on advisory report ahead of appeal hearing
Centamin (CEE-T, CEY-L) fell 18% after it updated the market on its legal troubles surrounding its Sukari gold mine in Egypt’s Eastern Desert.
African Barrick rights the ship
African Barrick Gold (ABG-L) has endured its fair share of criticism over the last few years. There have been misses on production targets and social unrest around its assets in Tanzania. Then there was a failed takeover bid from a…
Allana closes in on Ethiopian potash development
VANCOUVER — Toronto-based junior Allana Potash (AAA-T) sees 2013 as a pivotal year for its wholly owned Dallol potash project in Ethiopia’s northeastern Danakil Depression, and since filing its last mining application in late April,…
Treasure Hunters: The latest from Canadian-listed diamond explorers, developers and miners
The markets continue to be tough for diamond companies at nearly every stage, with diamond prices having taken a tumble in 2012. Here’s a look at how diamond companies are…
Karowe delivers for Lucara
Lucara Diamond (LUC-T) has discovered several spectacular diamonds — including four rare blue gems — since it started full production at its Karowe mine, in Botswana, last August. Lucara has…
DRC bans export of cobalt and copper concentrate
The Democratic Republic of the Congo (DRC) is grabbing headlines again in a way that many investors would prefer that it didn’t.