Busy days for B2Gold
B2Gold (BTO-T) has delivered a flurry of good news to the market, and investors have responded accordingly.
Africa
Eritrea can be risky business, NGO says
Strong preventive measures against hiring forced labour are essential for mining companies with projects in Eritrea, a new report from Human Rights Watch says.
A busy news day for B2Gold
B2Gold (BTO-T) delivered a flurry of good news to the market and investors responded accordingly.
Barrick fails to sell African assets to CNG
Barrick Gold (ABX-T, ABX-N) has ended talks with China National Gold regarding the potential sale of its 74% interest in African Barrick Gold (ABG-L), putting off hopes that the major could distance itself from its…
Perseus disappoints on production
Perseus Mining (PRU-T) warned the market that gold production from its Edikan gold mine in Ghana would be less than originally forecasted, but it now says the number will be even lower than its previous downward revision.
Sunridge adds deposit at Asmara
Controlling a district rich with volcanogenic massive sulphides has its advantages.
Semafo back on track after soggy summer
Semafo (SMF-T) is bouncing back from a tough third quarter, which saw production dip at its key mine in West Africa.
First Quantum adds heft to two Zambian projects
Proving that it’s got more going on than a potential merger with Inmet Mining (IMN-T), First Quantum Minerals (FM-T) has delivered some serious tonnage from two of its projects in Zambia.
First Quantum offers $5.1B in sweetened bid for Inmet
First Quantum Minerals (FM-T, FQM-L) has stepped up its game for Inmet Mining (IMN-T) with a hostile $5.1-billion takeover offer in hopes of winning over Inmet shareholders after failing twice to entice the company’s board in recent…
[Update] Centamin gains on fuel news, but Sukari still remains shut
The outlook for Egypt’s largest gold producer, Centamin (CEE-T, CEY-L), still seems uncertain as a shortage of diesel and working capital forced it to recently close the Sukari gold mine, located near the Red Sea, causing its…
Keegan and PMI merging to form Asanko Gold
With debt and equity financings hard to come by, mine developers are turning to more creative ways to finance their projects.
Gold Fields spins out two mines in SA
Gold Fields (GFI-N) is lowering its South African risk by spinning out a wholly owned subsidiary — which holds the country’s KDC and Beatrix gold mines — into a new firm called Sibanye Gold. While this may sound like a…