New discovery moves Volta upwards
A new discovery at its Kiaka gold project in Burkina Faso has had explorer Volta Resources (VTR-T) riding high.
Africa
Lumwana’s margins below Barrick’s expectations
Half a year in, Barrick Gold’s (ABX-T, ABX-N) newly purchased Lumwana copper mine in Zambia has done little to rebut the critics who denounced Barrick’s contentious and expensive move into copper through its June 2011 takeover of…
Doubled Hassai resource creates buzz for La Mancha
Exposed sulphide mineralization appears at the bottom of 12 out of 16 oxide pits that make up La Mancha Resources’ (LMA-T) Hassai gold-copper mining complex in the remote desert of northern Sudan. And a new resource estimate based on…
Frontier eyes 2015 start-up at Zandkopsdrift REE project
A preliminary economic study (PEA) on Frontier Rare Earths’ (FRO-T) Zandkopsdrift rare earth element deposit in South Africa predicts that it could be a high-margin specialty minerals producer, churning out 20,000 tonnes of separated rare…
Winds of change blow for Anooraq and Amplats at Bokoni
Twin tragedies bookended four months of turbulence and change at the Bokoni platinum mine in South Africa’s Limpopo province.
Implats faces violence in South Africa, threat of losing assets in Zimbabwe
Tensions remain high at the world’s largest platinum mine, as a second miner has been killed and strike action continues for a fifth week.
First Uranium to sell South African assets
First Uranium (FIU-T) said it would be selling its chief assets – the Mine Waste Solutions tailings recovery project and the Ezulwini gold-uranium mine, both in South Africa – for US$405 million as the underperforming junior…
Dividends and explanations get Kinross rolling
All it took was a bigger dividend and a bit of explaining for Kinross Gold (K-T, KGC-N) to gather some wind behind its back again.
Winds of change blowing for Anooraq and Amplat at Bokoni
Vancouver — Twin tragedies have bookended four months of turbulence and change at Anooraq Resources (ARQ-V) and Anglo American (AAL-L) subsidiary Amplat’s Bokoni platinum mine in the Limpopo Province of South Africa.
Doubling of resource creates buzz about La Mancha
Visual outcrops of sulphide can be seen at the bottom of twelve of the sixteen oxide pits that make up La Mancha Resources’ (LMA-T) Hassai mining complex in the remote desert of northern Sudan. And a new resource estimate based on…
Kilo juggles projects on several fronts
In late January Kilo Goldmines (KGL-V) announced that its iron ore joint-venture project with Rio Tinto (RIO-N, RIO-L) in the Democratic Republic of the Congo has the potential to host direct shipping ore. In the same announcement the…
Where did Nevsun’s gold go?
At a time of record-high gold prices Nevsun Resources (NSU-T) had the unfortunate task of announcing to the market that it has a lot less gold in its deposit than it originally believed.