La Mancha pours first gold at While Foil mine in Australia
La Mancha Resources (LMA-T) poured its first gold dore bar from its 100%-owned White Foil mine near Kalgoorlie…
Africa
Red Back hits new high on drill results from Tasiast, Chirano
Perseus on brink of developing Ghanian gold mine
Vancouver – The last year has been a busy one for Perseus Mining (PRU-T, PRU-A) – in the last 12 months the …
Keegan lays out early plan for Ghanaian gold project
Vancouver – A preliminary economic assessment for Keegan Resources’ (KGN-T, KGN-X) gold project in southwest G…
China’s Jinchuan goes after Crowflight’s nickel
Crowflight Minerals (CML-T) rose 23.5% or 4¢ to 21¢ per share on news that China’s Jinchuan Group is…
Chinalco to spend US$1.35B to earn into Rio’s Simandou
VANCOUVER– The Simandou iron ore project in Guinea is set for a major influx of spending after 95%-owner Rio Tinto (RTP-N, RIO-L) inked a US$1.35-billion earn-in deal with Chinalco to start developin…
Barrick prices IPO for ABG
Barrick Gold (ABX-T, ABX-N) is pricing the initial public offering of African Barrick Gold (ABG) at 5.75 (US$8.71) per share. African Barrick Gold will trade on the London Stock Exchange. Barrick exp…
First Uranium raising $150M in convertible notes (April 05, 2010)
First Uranium (FIU-T) is on its way to raising some desperately needed capital that will allow it to build a third gold plant for its Mine Waste Solutions project 160 km north of Johannesburg, South A…
Bannerman improves confidence in Namibian resource
Vancouver – After more than 285,000 metres of drilling in 1,031 holes Bannerman Resources (BAN-T, BMN-A) has e…
Cobalt hunt lands Geovic in Cameroon
Geovic Mining (GMC-T, GVCM-O) is working to make Cameroon a go-to name in cobalt.
Rock fall kills three at Barrick mine in Tanzania (March 29, 2010)
VANCOUVER– Three miners at the Bulyanhulu underground gold mine in Tanzania were killed on March 16 by falling rocks. Owner Barrick Gold (ABX-T, ABX-N) immediately suspended mining operations and the…
IAMGOLD ups credit facility to $350 million
Iamgold (IMG-T, IAG-N) more than doubled its existing credit facility to US$350 million and added a second US$…