Asanko closer to realizing vision in Ghana
First it took the vision and now it is about following through.
Africa
[Update] Ivanhoe unveils Platreef PEA as drills hit at Ga-Madiba
VANCOUVER — Robert Friedland’s Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) is sitting on an impressive platinum group metals (PGM) resource at its Platreef property, situated 280 km northeast of Johannesburg, South Africa,. And the…
Barrick sells 10% of African Barrick
Barrick Gold (TSX: ABX; NYSE:ABX) has sold part of its 74%-stake in its subsidiary African Barrick Gold (LSE: ABG; US-OTC: ABGLF), in a move to keep optimizing its portfolio amid weaker gold prices.
Amara highlights ‘robust returns’ in Yaoure PEA
VANCOUVER — U.K.-based producer Amara Mining (LSE: AMA, US-OTC: CLUGF) looks to have a great West African story on its hands at its brownfield Yaoure gold property, 40 km northwest of the Côte d’Ivoire capital of…
True Gold adds ounces at Karma
VANCOUVER — A 1.7-million oz. estimate for the North Kao deposit at True Gold Mining’s (TSXV: TGM; US-OTC: RVREF) Karma property in Burkina Faso is reminding investors that the feasibility stage gold project has lots of room…
Nicaragua a priority, B2Gold says
With two of the company’s three operating mines in Nicaragua, B2 Gold (TSX: BTO; NYSE-MKT: BTG) is the country’s largest gold exporter and taxpayer, and one of its largest employers.
Great Quest gets back on track at Tilemsi
VANCOUVER — West African focused junior Great Quest Metals (TSXV: GQ; US-OTC: GQMLF) had a tough year in 2013, as the coup d’état in Mali brought uncertainty around the company’s flagship Tilemsi phosphate project, 120…
More exploration ahead for B2Gold in the Philippines
B2Gold (TSX: BTO; NYSE-MKT: BTG) will spend $6.2 million on exploration this year in the Philippines near its Masbate open-pit gold mine, and recent drill results suggest that the company may have a good shot at enhancing the mine’s…
Positive PEA for Maya’s Zgounder
VANCOUVER — A preliminary economic assessment (PEA) says Maya Gold & Silver (TSXV: MYA; US-OTC: MYAGF) should be able to restart at minimal cost the Zgounder silver mine in Morocco, which has been shuttered for 24 years.
Gold developers rethink mine strategies in new market reality
VANCOUVER — Recent headlines have focused on the impact of a lower gold-price environment on the in-situ reserves and spending habits of majors and producers, but there’s also been a shift amongst smaller-cap companies with…
Paladin suspends production at Kayelekera
VANCOUVER — In the most significant curtailment of today’s uranium cycle, Paladin Energy (TSX: PDN) is suspending production its Kayelekera mine in Malawi until the uranium price recovers.
Allana Potash and ICL form strategic alliance
Israel Chemical Ltd. and Canada’s Allana Potash (TSX: AAA; US-OTC: ALLRF) have struck a landmark deal in which ICL — the world’s sixth-largest potash producer and a leading provider of pure phosphoric acid — will provide…