Endeavour works to win market favour
Endeavour Mining (EDV-T) has its own way of dealing with recent stingy market valuations for gold companies: the company puts its head down and digs.
Africa
Tiger Resources ramps up operations in the DRC
VANCOUVER – The risk-reward tradeoff that permeates the Democratic Republic of Congo (DRC) is working out well for Tiger Resources (TGS-T, TGS-A): the Australian company has been producing copper from the first phase of its Kipoi project…
Kubi offers upside for PMI Gold
A month after PMI Gold (PMV-V) and Keegan Resources (KGN-T, KGN-X) called off their merger plans in February because it appeared unlikely that PMI Gold’s shareholders would approve the deal, drill results continue to identify anomalous gold at…
Teranga Gold signs new agreement in Senegal
Teranga Gold (TGZ-T, TGZ-A), which has been producing gold from its Sabodala open-pit gold mine in the Republic of Senegal since March 2009, has agreed to amend its stability agreement with the government to increase the royalty rate on…
Editorial: CAR crash
Another year, another bloody coup in Africa. This time it’s the Central African Republic that’s reeling after an assault by Seleka rebels on the presidential palace in the capital Bangui in late March left dozens dead, including 13…
Great Western reveals PEA for South African REE mine
VANCOUVER — It has been a busy start to the year for Saskatoon-based rare earth outfit Great Western Minerals (GWG-V) and its past-producing Steenkampskraal project, 350 km north of Cape Town, South Africa. The company kicked off 2013…
Banro eyes US$100M financing to get back on track
Banro (BAA-T, BAA-X) intends to secure a larger financing package of up to US$100 million to get its delayed Namoya gold project in the Maniema province of the Democratic Republic of the Congo (DRC) into production by year end.
Amara delivers on promise
In an interview in Toronto with The Northern Miner last year, Amara Mining (AMZ-T, AMA-L) chief executive Peter Spivey predicted the company would release an updated resource estimate defining a large mineralized sulphide deposit underlying…
Nevsun Resources and its heaps of cash
Last year marked the second year of production at Nevsun Resources (NSU-T, NSU-N) 60%-owned Bisha mine in Eritrea and already its balance sheet is the envy of many companies in the industry.
Aureus looks to put Liberia on the production map
Liberia is getting close to getting its first modern commercial gold mine.
Premier an up-and-comer in the royalty space
Investors holding paper in most gold producers and explorers have been disappointed recently, but it’s been a different story for investors in gold royalty companies.
Banro shares plummet as CEO exits
Banro shares (BAA-T, BAA-X) slumped nearly 22% after the gold explorer announced the sudden departure of its president and CEO, Simon Village, after markets closed on March 6.