Paladin sells 25% of Langer Heinrich
Paladin Energy (TSX: PDN) is following through on a vow to reduce its stake in its Langer Heinrich uranium mine in Namibia.
Africa
B2Gold defines large resource near Otjikoto in Namibia
B2Gold (TSX: BTO; NYSE-MKT: BTG) has unveiled an initial resource estimate for the Wolfshag zone that’s near its 90%-held Otjikoto gold deposit in Namibia, indicating the zone could boost the economics of its newest mine.
Orezone streamlines heap-leach economics at Bombor
VANCOUVER — Around seven months ago junior Orezone Gold (TSX: ORE; US-OTC: ORZCF) announced a notable shift in strategy at its Bomboré project 85 km east of Ouagadougou, Burkina Faso. The company had initially hoped to take…
Denison to drill 60,000 metres in 2014
While challenging market conditions are forcing many companies to axe their exploration budgets, Denison Mines (TSX: DML; NYSE-MKT: DNN) is pumping $15 million into a 60,000-metre drill program in the Athabasca basin in 2014, marking one of its…
Petra Diamonds’ H1 output up 31% in fiscal 2014
Petra Diamonds (LSE: PDL) is in good shape to meets its fiscal 2014 guidance of 3 million carats.
Bullman hits gold in first holes at Siguiri
VANCOUVER — Five months after acquiring the Siguiri project in its qualifying transaction, Bullman Minerals’ (TSXV: BUL) first holes into the West African project have returned good gold grades.
El Nino wins arbitration in BC for Kasala copper project in DRC
For the last four years, El Nino Ventures (TSXV: ELN; US-OTC: ELNOF) has fought an increasingly bitter battle to keep its grip on Infinity Resources, a joint venture that owns the Kasala copper project in the Democratic Republic of the Congo.
Paladin looks to wait out uranium slump with refinancing
Uranium prices are continuing to languish three years after the Fukushima meltdown, but Paladin Energy (TSX: PDN) is attempting to put itself in a better position to weather the prolonged slump.
Randgold’s Mark Bristow on mining in Africa
The raw facts of the Randgold Resources (LSE: RRS; NASDAQ: GOLD) story are impressive. It has found five world-class deposits since the company was founded 17 years ago, and all of them are located on big geological anomalies. In every mine…
Lucara reports major increase in Karowe resource valuation
VANCOUVER — Lucara Diamond (TSX: LUC; TSXV: LUC; US-OTC: LUCRF) has made headlines over the past year with the size and quality of stones it has unearthed at its Karowe mine in Botswana’s Orapa–Letlhakane kimberlite…
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.
Golden Star disappoints with fourth-quarter results
Golden Star Resources (TSX: GSC; NYSE-MKT: GSS) has stayed within its guidance, but the market still took a harsh view of fourth-quarter production results.