Hana sells its Banana
Hana Mining (HMG-V) has managed to recoup some of recent losses for its shareholders thanks to, well, one of its shareholders.
Africa
Forsys Metals to combine Namibian projects
Forsys Metals (FSY-T) has updated the resource estimate for its Namibplaas uranium deposit and says it is now certain that it makes sense to combine its Namibplaas and nearby Valencia deposit 7 km to the southwest as a single feed to an…
Platinum Group thinking big on the Bushveld
VANCOUVER — With first phase construction well underway at Vancouver-based Platinum Group Metals (PTM-T, PLG-X) Western Bushveld joint-venture project 1 (WBJV 1), the company is now pushing forward at its promising Waterberg…
Frontier Rare Earths inks new deal with KORES
A little under a year ago, Korea’s government-owned mining and natural resources investment company signed a deal with Frontier Rare Earths (FRO-T) to take a 10% interest and get the rights to an equal percentage of future production from…
Complementary skill sets bring Blue Gold and Riverstone together
Over the last eighteen months Mark O’Dea, president and chief executive officer of Blue Gold Mining (BGX-V), has kicked the tires of over 100 projects and companies in his quest to find something that would appeal to shareholders.
Inside Friedland’s Ivanplats prospectus
VANCOUVER — Canadian mining magnate Robert Friedland looks poised to take the market by storm yet again, with an aggressive portfolio of advanced-stage base and precious metal properties in Africa underpinning an initial public offering…
Paladin Energy posts quarterly results
Pure-play uranium producer Paladin Energy (PDN-T) with two uranium mines in Africa produced 1.93 million pounds of uranium in the three months ended Sept. 30, down 5.8% from the June quarter due to a planned 16-day maintenance shutdown at its…
Amara targets higher grades with Sega PEA
VANCOUVER — West African gold producer Amara Mining (AMZ-T, AMA-L) — formerly Cluffs Gold — is hoping to breathe new life into its 78%-owned Kalsaka gold operation 150km northwest of Burkina Faso’s capital, Ouagadougou.
Keegan gets major endorsement, new management
A group of the original founders and former executives of LionOre Mining are throwing their weight behind Keegan Resources (KGN-T) with a strategic alliance and private placement that further de-risks the junior’s Esaase gold project in…
Keegan Resources gets the love
Shares of Keegan Resources (KGN-T, KGN-X) surged 17.8% or 54¢ to close at $3.58 on the back of a new resource estimate for its 90%-owned Esaase gold project in Ghana and confirmation that the company plans to take a more selective approach…
Lonmin’s wage deal fuels more unrest in South Africa
While Lonmin (LMI-L) has ended a bloody labour dispute at its Marikana platinum mine near Rustenburg in South Africa that left 46 dead, other miners in the country are demanding higher wages.
Great Basin’s great descent
Great Basin Gold (GBG-T, GBG-X) continues to tumble under a delisting review by the Toronto Stock Exchange, following the market response to the company suspending its Burnstone gold mine in South Africa.