TSX drops, July 6-10
Canada’s benchmark index tumbled 1.9% to 14,411.07 after a weak jobs report, the continuing debt crisis in Greece and a slump in China’s stock market. The S&P/TSX Capped Diversified Metals & Mining Index fell 5.5% to 630.99,…
Africa
Kaizen to buy Pinaya in Peru
Kaizen Discovery
GoviEx pushes Madaouela on the permitting front
GoviEx Uranium (CSE: GXU) is quietly advancing its large Madaouela uranium project, and expects to receive a mining permit by year-end, or early 2016.
Editorial: Lonmin condemned in Marikana commission findings
The long-awaited report of the Judicial Commission of Inquiry into the Marikana mine massacre in Marikana, South Africa, has been released, and there’s plenty of finger pointing to go around.
Perseverance pays off for Avnel at Kalana in Mali
VANCOUVER — It’s been over a decade of preparation for Avnel Gold Mining (TSX: AVK) at its Kalana Main deposit in southwestern Mali, but now the company is on a path towards turning the small, former Soviet-run underground gold mine…
Site visit: Endeavour Mining rides strong performance at Agbaou
YAMOUSSOUKRO, CÔTE D’IVOIRE — It’s easy to stay awake while travelling during the early morning hours in Côte d’Ivoire’s remote political city, Yamoussoukro. Formerly a small agricultural village, the…
B2Gold starts mine constructionat Fekola in Mali
B2Gold (TSX: BTO; NYSE-MKT: BTG) has kicked off construction at the Fekola open-pit gold mine in southwestern Mali, after releasing an optimized feasibility study and closing a previously announced US$350-million revolving credit facility.
Analysts weigh in on BHP spinoff South32
In April BMO Capital Markets initiated coverage of BHP Billiton (LSE: BLT) spin-off South32, (LSE: S32; US-OTCBB: SOUHY)commenting that the shares of the newly created mining company “represent a more compelling investment than BHP…
Aureus beats Ebola to pour first gold at New Liberty
Just a month and a half behind schedule and three weeks after the World Health Organization (WHO) marked the end of the Ebola outbreak in Liberia, Aureus Mining (TSX: AUE; LSE: AUE) celebrated the first gold pour at its New Liberty open-pit…
EduMine’s Simon Houlding wins Vale medal
Growing up in Zimbabwe after World War II, completing an engineering degree at the University of Witswatersrand in Johannesburg, and working at Jones & Wagener, a specialist firm of consulting engineers and scientists based in South Africa,…
Kidnappings highlight miners’ security risks
In the first four months of this year alone, kidnapping incidents have touched Torex Gold Resources (TSX: TGX; US-OTC: TORXF) and Goldcorp (TSX: G; NYSE: GG) in Mexico’s Guerrero state, and Pan African Minerals’ Tambao manganese…
U.S. stocks end mixed, May 18-22
Wall Street closed mixed ahead of the Memorial Day holiday, as the Federal Reserve said it would likely raise interest rates this year, if the economy continued to improve. The Dow Jones Industrial Average dipped 0.2% to 18,232.02, while the…