Africa

Kubi offers upside for PMI Gold

A month after PMI Gold (PMV-V) and Keegan Resources (KGN-T, KGN-X) called off their merger plans in February because it appeared unlikely that PMI Gold’s shareholders would approve the deal, drill results continue to identify anomalous gold at…


Teranga Gold signs new agreement in Senegal

Teranga Gold (TGZ-T, TGZ-A), which has been producing gold from its Sabodala open-pit gold mine in the Republic of Senegal since March 2009, has agreed to amend its stability agreement with the government to increase the royalty rate on…


An aerial shot of Axmin's Passendro project in  the Central African Republic. Source: Axmin

Editorial: CAR crash

Another year, another bloody coup in Africa. This time it’s the Central African Republic that’s reeling after an assault by Seleka rebels on the presidential palace in the capital Bangui in late March left dozens dead, including 13…


REE-mineralized rock at Great Western Minerals' Steenkampskraal rare earths project, 350 km north of Cape Town, South Africa. Source: Great Western Minerals

Great Western reveals PEA for South African REE mine

VANCOUVER — It has been a busy start to the year for Saskatoon-based rare earth outfit Great Western Minerals (GWG-V) and its past-producing Steenkampskraal project, 350 km north of Cape Town, South Africa. The company kicked off 2013…


Barno's Twangiza project in the Democratic Republic of Congo. Source: Banro

Banro eyes US$100M financing to get back on track

Banro (BAA-T, BAA-X) intends to secure a larger financing package of up to US$100 million to get its delayed Namoya gold project in the Maniema province of the Democratic Republic of the Congo (DRC) into production by year end.   


Workers oversee development at the Baomahun project in Sierra Leone. Source: Amara Mining

Amara delivers on promise

In an interview in Toronto with The Northern Miner last year, Amara Mining (AMZ-T, AMA-L) chief executive Peter Spivey predicted the company would release an updated resource estimate defining a large mineralized sulphide deposit underlying…


A gold pour at Nevsun's Bisha mine in Eritrea. Credit: Nevsun Resources.

Nevsun Resources and its heaps of cash

Last year marked the second year of production at Nevsun Resources (NSU-T, NSU-N) 60%-owned Bisha mine in Eritrea and already its balance sheet is the envy of many companies in the industry.  




Facilities at Banro's Twangiza gold mine in the Democratic Republic of the Congo. Source: Banro

Banro shares plummet as CEO exits

Banro shares (BAA-T, BAA-X) slumped nearly 22% after the gold explorer announced the sudden departure of its president and CEO, Simon Village, after markets closed on March 6.


Great Western's Steenkampskraal project in South Africa. Source: Great Western Minerals

Great Western reveals PEA for South African REE mine

VANCOUVER — It has been a busy start to the year for Saskatoon-based rare earth outfit Great Western Minerals (GWG-V) and its past-producing Steenkampskraal project located roughly 350 km north of Cape Town, South Africa. The company…


Galane grows Mupane gold count little by little

VANCOUVER – Bigger may be better, but Galane Gold (GG-V) is showing that a small gold operation can keep a company profitable and fund the exploration programs needed to continually add new ounces to its gold resource count.


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