Semafo good to go with Siou and Fofina
Authorities in Burkina Faso have given Semafo (TSX: SMF; US-OTC: SEMFF) the go-ahead to develop its Siou and Fofina gold deposits sooner than expected.
Africa
Platinum, palladium markets to remain in deficit: Johnson Matthey
The markets for platinum and palladium will likely be in a deficit in 2014, according to a report by London-based Johnson Matthey.
Banro drives towards more production in the DRC
Banro’s (TSX: BAA; NYSE-MKT: BAA) third-quarter results show that the company — with expanding gold operations in the eastern Democratic Republic of the Congo — is tracking in the right direction.
Lucara’s Karowe a veritable cash machine
Cash — the one thing investors trust these days — continues to flow into Lucara Diamond’s (TSX: LUC) coffers from the sale of its world class diamonds and the market continues to applaud its efforts.
Newmont leads by example
The last few weeks have been upbeat for Newmont Mining (TSX: NMC; NYSE: NEM). The has brought two of its projects into commercial production on schedule and budget: Akyem in Ghana and Phoenix Copper in Nevada. And Newmont revealed in its…
Hound looks like a winner for Endeavour
VANCOUVER — The Houndé project in Burkina Faso could be developed into a mine churning out almost 180,000 oz. gold annually for an investment of just US$315 million, according to a new feasibility study from Endeavour Mining (TSX:…
Golden Star rises on resource update, Q3 earnings
Shares of Golden Star Resources (TSX: GSC; AMEX: GSS) have gained some shine after the miner posted a third-quarter earnings beat followed by a resource update at its Wassa gold mine in Ghana.
Pangolin explores Botswana
Botswana is the jurisdiction of choice for Pangolin Diamonds (TSXV: PAN) founder and chairman Leon Daniels. “Botswana is a great country — the geology is very good,” Daniels said in…
Big stones from Lucara, Diamcor and Rockwell
September was a big month for big stones from Lucara Diamond (TSX: LUC), Diamcor Mining (TSXV: DMI) and Rockwell Diamonds’ (TSX: RDI) respective operations in Africa. In September, Lucara reported…
Rio Tinto to stay in the diamond business
Rio Tinto (RIO-N, RIO-L) announced in June that it will hang onto its diamond assets after all, concluding a strategic review of the business that the miner began in March…
Orezone issues paper for cash
Orezone Gold (TSX: ORE) has more money for its company coffers as it managed to raise another $5 million by issuing more equity.
Asanko gets the cash for Esaase
Asanko Gold (TSX: AKG) has taken a major step towards turning its Esaase gold project in Ghana into a mine.