Pacific Wildcat confirms rare earths in Kenya (April 18, 2011)
A first round of drill results from the Mrima Hill rare earth-niobium project in southeastern Kenya has given Pacific Wildcat Resources’ (PAW-V) share price a major boost.
Africa
Early Canaco investor buys large stake in Silvore Fox
Vancouver – A Chinese group which invested heavily in Tanzania-focused gold explorer Canaco Resources (CAN-V) just before its discovery of the Handeni gold deposit has recently added to its large interest in Nova Scotia base-metal explorer…
Gold Fields and Iamgold finally cut deal on Tarkwa
Gold Fields (GFI-N, GFI-J) wants as much control over its key mining assets as it can get, and with an eye towards that end the company is buying out Iamgold (IMG-T, IAG-N) from a project in Ghana. Gold Fields announced it has a deal in place…
French Green Party meddles with Rockgate’s uranium exploration plans
Vancouver – Along with many other uranium explorers or producers these days, Mali-focused explorer Rockgate Capital (RGT-T) remains valued at roughly half the level it traded at before the March 11 earthquake in Japan and the resulting crisis…
Giustra shell joins rush for West African iron ore (April 12, 2011)
Vancouver – Investors have come to expect share-dilutive deals from Frank Giustra, one of Howe Street’s best known and most followed penny stock promoters. This does not seem to make the deals any less appealing, however, given the promoter’s…
Another view of doing business in the DRC
For the past six and a half years, our company has been engaged in intensive mineral exploration in what many consider to be one of the less fashionable addresses on earth: the Democratic Republic of the Congo (DRC).
Zimbabwe accelerates indigenization program
The Zimbabwe government has announced it is going ahead with its indigenization law, and foreign mining firms now have until Sept. 25 to sell a majority stake of their projects in the country to qualified locals.
Step-out drilling reveals more high-grade gold at Roxgold’s Yaramoko
Starting at a depth of just six metres, Roxgold (rog-v) has drilled 20 metres of 28.61 grams gold per tonne at the Bagassi Central target of its Yaramoko gold project in Burkina Faso. Further downhole, starting at 38 metres, a separate 11-metre…
Commentary: Another view of doing business in the Congo
For the past six and a half years, our company, Banro (BAA-T, BAA-X), has been engaged in intensive mineral exploration in what many consider to be one of the less fashionable addresses on Earth: the Democratic Republic of the Congo…
Kipoi nears production
Tiger Resources (TGS-T, TGS-A) says commercial production will begin in April at its Kipoi copper project in the Democratic Republic of the Congo.
Zambian smelting shortfall a concern, Lundin says
When Phil Wright recently lashed out against Equinox Minerals’ (EQN-T, EQN-A) hostile takeover bid for Lundin Mining (LUN-T) in a conference call, the chief executive cited the shortage of Zambian smelting capacity as yet another project risk…
Pacific Wildcat confirms rare earths in Kenya (March 30, 2011)
Vancouver – A first round of drill results from the Mrima Hill project in southeastern Kenya has given Pacific Wildcat Resources’ (PAW-V) share price a major boost.