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.
VANCOUVER — True Gold Mining (US-OTC: RVREF) can turn its Karma gold project in Burkina Faso into an open-pit heap leach mine generating strong returns for just US$131.5 million, according to a new feasibility study.
Soil sampling at Semafo’s (TSX: SMF; US-OTC: SEMFF) Mana property in Burkina Faso has pinpointed a north-trending corridor measuring more than 14 km long and up to 4 km wide, 8 km north of the Siou deposit.
In a friendly all-share deal valued at $183 million, Asanko Gold (TSX: AKG; NYSE-MKT: AKG) plans to take over PMI Gold (TSX: PMV; ASX: PVM; US-OTC: PMVGF) to create an emerging mid-tier gold producer.
Vancouver-based International Millennium Mining (TSXV: IMI), which has exploration properties in B.C. and Nevada, is adding ground to its portfolio in Africa through a planned merger with a slightly larger private company called Elephant Copper.
Centamin’s (TSX: CEE) recent acquisition attempt on Australian junior Ampella Mining (ASX: AMX) has been given more context with the release of the latest reserve estimate from its flagship Sukari gold mine in Egypt.
U.S. markets took a hit during the week, with the Dow Jones Industrial Average falling 264.84 points, or 1.6% to 15,755.36. The broader S&P 500 Index tumbled nearly 30 points to 1,775.32. The Nasdaq Composite Index slipped 61.54 points to…
VANCOUVER — Gold producer Centamin (TSX: CEE; LSE: CEY; US-OTC: CELTF) has been searching for exploration upside in West Africa, and it looks like the company found a fit in Australian junior Ampella Mining (ASX: AMX; US-OTC: APMZF)…
An update on all its development projects did little to assuage fears surrounding First Quantum Minerals’ (TSX: FM) most recent, expensive acquisition.
Teranga Gold (TSX: TGZ; US-OTC: TGCDF) finally has all of the Oromin Joint Venture Group (OJVG) in Senegal to itself.
VANCOUVER — Years ago, he called Voisey’s Bay a game-changer for the global nickel game. After that he labelled Oyu Tolgoi a world-class copper project. Only a few weeks ago he called a high-grade platinum, palladium, rhodium and…
The mining community in Canada probably has more connections to South Africa than any other group in the country, and so the death of Nelson Mandela on Dec. 5 provided many miners here with time to reflect on the man’s leadership, as well…
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