Africa

A drill rig at Platinum Group Metals' Waterberg project in South Africa. Source: Platinum Group Metals

Platinum Group Metals hits milestone

After discovering the Waterberg deposit in South Africa in 2011, Platinum Group Metals (TSX: PTM; NYSE-MKT: PLG) has expanded the project’s inferred resource three times in just one year: from 6.2 million oz. platinum, palladium and gold…


Cartoon by JK.

PwC gold study charts new ground

A study on the direct economic impact of gold — commissioned by the World Gold Council — gathers, for the first time, all the evidence of the precious metal’s economic and fiscal contribution, author PricewaterhouseCoopers…


Boart Longyear CEO Richard O'Brien.

Boart Longyear weathers downturn

When Richard O’Brien left his post as CEO of Newmont Mining (NYSE: NEM; TSX: NMC) in December 2012, after five years in the job and seven at the company, he wasn’t ready to “hang up his pick” just yet.


The processing facilities at the Saxendrift mine in South Africa's Northern Cape province. Source: Rockwell Diamonds

Rockwell recovers 100+ct. diamonds

Shares of Rockwell Diamonds (TSX: RDI; US-OTC: RDIAF) climbed after the company found four diamonds weighing more than 100 carats each from its Middle Orange River projects in South Africa’s Northern Cape province.


Drill core at the geologist base camp near Semafo's Mana gold mine in Burkina Faso. Source: Semafo

Semafo impresses with high-grade reserves

VANCOUVER — The future is looking brighter for Montreal-based gold producer Semafo (TSE: SMF; NYSE: SEMFF) at its Mana mine in Burkina Faso, after a reserve update showed higher-grade ounces at the company’s satellite Siou deposit.



Moroccan state-owned phosphate producer Office Chrifien des Phosphates' Merah-Lahrach washing plant near Khouribga, Morocco. Source: OCP

Western phosphate producers look east for growth

AGADIR, MOROCCO — Mosaic (NYSE: MOS) may be the largest producer of finished phosphate products in the world, with four phosphate-rock mines, three processing plants in Florida and a second plant in Louisiana, but permitting new mines or…



New Dawn shuts Dalny mine in troubled Zimbabwe

Lower gold prices, operational problems and a two-year delay in approving its indigenization plan has resulted in a “serious liquidity problem” and the closure of its majority owned Dalny mine in Zimbabwe, New Dawn Mining (TSX: ND)…


Drilling in search of uranium near Falea in western Mali, about 20 km north of the country's border with Guinea (2008). Source: Rockgate Capital

Denison Mines tops Mega’s offer for Rockgate

Denison Mines (TSX: DML; NYSE-MKT: DNN) has tabled a superior all-share bid for Rockgate Capital (TSX: RGT), a week before Rockgate shareholders are set to vote on a merger with Mega Uranium (TSX: MGA), claiming…


Roxgold releases positive PEA

A preliminary economic assessment of the 55 zone at Roxgold’s (TSX: ROG; US-OTC: ROGFF) Yaramoko exploration permit in Burkina Faso, 200 km southwest of the capital city of Ouagadougou, demonstrates an after-tax internal rate of return of…


Roxgold's Yaramoko gold project in Burkina Faso, 200 km southwest of Ouagadougou. Source: Roxgold

Resource estimate lifts Roxgold

Shares of Roxgold (TSXV: ROG; US-OTC: ROGFF) took flight after the junior increased the indicated resource for the 55 zone gold deposit on its Yaramoko exploration permit in Burkina Faso by 143%, where the company expects to complete a…


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