Africa

Bannerman gets the enviro-nod

Bannerman Resources (BAN-T, BNNLF-O) has received an environmental approval from the Namibian Ministry of Environment and Tourism to develop its Etango uranium project, located on the Namib Desert sands, near the costal town of…


A rough diamond at the Harry Oppenheimer House in South Africa. Photo by Anglo American

Tough conditions for rough diamonds

Anglo American (AAL-L, AAUKY-Q) reported diamond production fell in the second quarter ended June 30 by 11% to 7.2 million carats because of market conditions and a focus on planned maintenance and waste stripping, while De Beers, in which…


Reservoir finding gold in Cameroon

Early stage exploration results from Reservoir Minerals (RMC-V) were strong enough to capture investor’s imaginations of a big find in Cameroon.



The processing plant at Paladin Energy's Kayelekera uranium mine in northern Malawi. Photo by Paladin Energy

Paladin Energy turns the corner

Two months of unplanned shutdowns to upgrade its plant and complete remediation work due to land movement at the Kayelekera open-pit uranium mine in Malawi have not stalled production for junior Paladin Energy (PDN-T), as it increased…



Anglo grabs a stake in Mozambique coal boom

VANCOUVER — Mining-giant Anglo American (AAL-L) looks to have finally secured a slice of a frenzied coal-mining push in the southern Tete province of Mozambique. Anglo has been exploring acquisition options in the area in a bid to…



Facilities at Semafo's Mana gold mine in Burkina Faso. Photo by Semafo

Semafo stumbles on Mana expansion update

Montreal-based gold producer Semafo (SMF-T) found out how punishing markets can be these days when the company released long-awaited exploration results at its Mana gold mine 200 km west of Ouagadougou, Burkina Faso. Originally expected early…


Bannerman’s Etango gets environmental go-ahead

Bannerman Resources (BAN-T, BMN-A) has received an environmental nod from the Namibian Ministry of Environment and Tourism to develop its Etango uranium project, located on the Namib Desert sands, near the costal town of Swakopmund.


Paladin Energy turns the corner

Despite two months of unplanned shutdowns to upgrade the plant and complete remediation work due to land movement at its Kayelekera open-pit uranium mine in Malawi, Paladin Energy (PDN-T) still managed to increase production there by 14% in the…


La Mancha to join 2012 M&A list

An investment firm managed by Egyptian multi-billionaire Naguib Sawiris called Weather II has launched a $500 million takeover bid for La Mancha Resources (LMA-T) at $3.50 per share in cash—a 56% premium to the junior’s closing…


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