The shift from quantity to returns have led to numerous headaches for miners with project delays, hefty write downs and CEO departures as companies struggle to tackle escalating costs that have caught up with the rising commodity prices, said…
Endeavour Mining (EDV-T, EVR-A) has its own way of dealing with recent stingy market valuations for gold companies: put its head down and dig.
Resource nationalism is infectious, and as more mining jurisdictions take resource nationalist measures, others come under domestic pressure to do the same, said Peter Leon, head of Africa Mining and Energy projects at Johannesburg-based law…
Legendary mining promoter Robert Friedland is looking to strike it big again — this time with Ivanplats’ (IVP-T) high-grade precious and base metals projects in Africa.
Banro (BAA-T, BAA-X) slumped nearly 22% after the gold explorer announced the sudden departure of its president and chief executive, Simon Village, after markets closed on March 6.
Riverstone Resources’ name change seems to be doing the trick.
Shares of Ivanplats (IVP-T) began trading on the Toronto Stock Exchange in October 2012, but the company, founded by Singapore-based mining entrepreneur Robert Friedland, has been exploring in Africa since 1994. Today Ivanplats has discoveries…
New merger notification rules could become a costly burden for companies operating in 19 countries in eastern and southern Africa, warns John Bodrug, a partner at Davies, Ward Phillips & Vineberg LLP.
Sherritt International (S-T) has shouldered such industry-wide hardships as lower commodity prices and higher costs, but the company is signalling its bullishness for the future by increasing its dividend, despite reporting a…
Sherritt International (S-T) had to shoulder some of the same industry wide hardships as lower commodity prices and higher costs, but the company signaled its bullishness for the future by increasing its dividend despite reporting a fourth…
When an African gold-mining operation ran up against unusual rock formations that according to local rumours might be human graves, a religious ruling forced mine expansion plans to be put on hold.
BISSA, BURKINA FASO — Just 15 months after starting construction, Nordgold (NORD-L) has entered production at its Bissa open-pit gold mine in Burkina Faso, located in the rural commune of Sabce, 100 km north of the capital Ouagadougou.
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