Three years ago the area around Banro’s (BAA-T, BAA-N) Twangiza gold deposit in the Democratic Republic of the Congo had no passable roads, power, workable infrastructure or skilled mining labour. Today, the Twangiza oxide mine near the…
When Michael Goldberg of Stonecap Securities looks at Arianne Resources (DAN-V) and its phosphate project in northern Quebec he sees one thing: a takeover target.
Three months after finalizing a US$27-million deal with Cluff Gold (CFG-T) for its Sega gold project in Burkina Faso, Ottawa-based explorer Orezone Gold (ORE-T) looks to have another West African success story on its hands, with a world-class…
Three years ago the area around Banro Corp.’s (BAA-T, BAA-N) Twangiza gold deposit in the Democratic Republic of the Congo had no passable roads, power, workable infrastructure or skilled mining labour. Today the Twangiza oxide mine…
VANCOUVER — Just three months after finalizing a US$27-million deal with Cluff Gold (CLF-L, CFG-T) for its Sega gold project in Burkina Faso, Ottawa-based explorer Orezone Gold (ORE-T) looks to have another West African success story on…
Dundee Capital Markets has hiked its twelve-month target price on Keegan Resources (KGN-T) by $1.50 to $5.50 per share after the West Africa-focused junior outlined ways of cutting capital costs by as much as US$246 million at its flagship…
It looks like Barrick Gold’s (ABX-T, ABX-N) new CEO Jamie Sokalsky is getting down to business to help lift the company’s stagnating share price through a possible sale of its 73.9%-owned African gold subsidiary African…
It’s the kind of incident long feared since the end of apartheid in South Africa: members of the South African Police Service opened fire on striking workers at Lonmin’s Marikana platinum mine in North West province on Aug. 16,…
Technical and infrastructure challenges at Great Basin Gold’s (GBG-T, GBG-N) two principal projects hammered its revenues in the second quarter and the company says it faces a near-term liquidity crisis. A strategic review has been…
Endeavour Mining (EDV-T) plans to buy Avion Gold (AVR-T) in a $389-million all-stock deal to increase its foothold in West Africa, and expand its annual production to over 450,000 oz. gold in 2015. Endeavour will provide a US$20-million loan to…
Roxgold (ROG-V) is advancing its Yaramoko gold project in Burkina Faso, West Africa, despite lingering questions stemming from an unresolved proxy battle with a group of prominent shareholders.
VANCOUVER — Police in South Africa opened fire on striking workers at Lonmin’s (LMI-L) Marikana platinum mine Thursday, killing 34 and injuring at least 78.
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