Africa





An aerial shot of Platinum Group Metals' WBJV1 platinum project in South Africa's Bushveld complex. Credit: Platinum Group Metals

Platinum Group Metals raises $175M

Shares of Platinum Group Metals (TSX: PTM; NYSE-MKT: PLG) got a boost on the final trading day of 2013 after the company announced that it had completed a $175-million equity raise at $1.18 per share.





An historic pit at Amara Mining's Yaoure gold project in the Ivory Coast. Credit: Amara Mining

Amara reports largest resource in Ivory Coast

Amara Mining (TSX: AMZ; LSE: AMA) has expanded resources at its Yaoure project in the Ivory Coast from 2.7 million oz. gold grading an average of 1.1 grams gold per tonne to 6.3 million oz. gold averaging 1.3 grams gold per tonne, and claims…




Gold solution draining from the bottom of a heap into a pregnant-solution trench, at Banro's new Namoya gold mine in the DRC in December 2013. Credit: Banro.

Banro pours first gold at Namoya

Despite delays and two separate downward revisions to its gold production target at Namoya this year, Banro Corp. (TSX: BAA; NYSE: BAA) managed to pour the first gold at its newest mine in the Democratic Republic of the Congo on Dec. 30.


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