Canaco dives 66% on resource estimate
Canaco Resources (CAN-V) took a deadly plunge, losing 66% on a maiden resource estimate for the Magambazi area of the Handeni gold project in Tanzania.
Africa
Updated: Hana plunges on Ghanzi scoping study
VANCOUVER — Hana Mining’s (HMG-V) share price dropped 68% after the company released a long-awaited first economic study on the Banana Zone and Zone 5 at its 70%-owned Ghanzi project in Botswana.
Editorial: Blood diamond victims get some justice
Another sad chapter in Africa’s modern history has come to a close. The former Liberian President Charles Taylor was convicted by the United Nations-backed Special Court for Sierra Leone in The Hague of aiding and abetting war crimes in…
Allana pumps up potash resource at Dallol
Toronto-based explorer Allana Potash (AAA-T) took a step closer to -releasing a bankable feasibility study on its Dallol potash project in Ethiopia when it released an updated resource estimate to kick off May.
Canadian Natural advances Horizon
Canadian Natural Resources (CNQ-T) has big plans for its Horizon oilsands project, located north of Fort McMurray, Alta., in the Athabasca region.
Letter to the Editor: CSR counsellor should be applauded
An editorial in The Northern Miner criticized Canada’s Extractive Sector CSR counsellor, Marketa Evans, for “shooting another blank” in reference to the office’s second case, involving First Quantum Minerals’ Guelb…
Endeavour’s organic-growth model off to strong start
Endeavour Mining (EDV-T) has ambitions of being a mid-tier gold outfit. With two West African mines already in production, a third moving towards feasibility and a US$30-million exploration program scheduled for 2012, it appears the…
Sunridge unveils Asmara North hybrid mine plan
VANCOUVER — Vancouver-based junior Sunridge Gold (SGC-V) successfully merged four-polymetallic deposits at its Asmara North project in Eritrea, Africa, into a centralized-mill mine model for a feasibility study, it released in early…
Allana pumps up potash resources at Dallol
VANCOUVER — Toronto-based explorer Allana Potash (AAA-T) took a step closer to releasing a bankable feasibility study on its Ethiopia-based Dallol potash project when it released an updated resource estimate to kick-off May.
Roughing it: A roundup of diamond juniors
Afri-Can Marine Minerals (AFA-V) completed a sampling program last April at the EPL 3403 seabed diamond project off the coast of Namibia. The company recovered 84 diamonds, 15 of which…
Anglo takes the reins at De Beers
As global diversified miners BHP Billiton (BHP-N, BLT-L) and Rio Tinto (RTP-N, RIO-L) look to step out of the diamond business, a third, Anglo American (AAL-L), is diving in deeper….
Marange diamonds cast light on Kimberley Process shortcomings
In only a few years, Zimbabwe’s Marange diamond fields have transformed from a free-for-all of thousands of diamond prospectors sifting through dirt to a modernized, fenced-in area run by a…