Montero proves up phosphate play to develop rare earths
Montero Mining and Exploration (MON-V) has proven up an asset that it will likely never develop.
Africa
Avion posts record first quarter despite Malian military coup
VANCOUVER — An end to a military coup in Mali, West Africa and strong first quarter production numbers boosted Avion Gold’s (AVR-T) shares 9% or 8¢, from a six-month low of 86¢, during the April 9 trading session.
Bannerman makes headway at Etango
With a recently completed definitive feasibility study now under its belt, Bannerman Resources (BAN-T) says it can step up discussions with potential development partners and other financiers for its flagship Etango project in Namibia—one…
B2Gold ups its presence in Nicaragua
B2Gold (BTO-T) is increasing its foothold in Nicaragua by agreeing to take full ownership of two of its joint-venture gold properties, and earning into two more projects in the country.
La Mancha rises on prospect of auction
La Mancha Resources (LMA-T) is putting itself up for sale, and the market likes its chances of attracting a healthy premium.
Aureus makes history in Liberia with New Liberty
Aureus Mining (AUE-T, AUE-L) is taking big steps towards kick-starting development at its fully owned New Liberty gold project 90 km northwest of Monrovia, Liberia.
First Quantum preps Sentinel for production
First Quantum Minerals (FM-T) — which has several copper projects in its development pipeline — has a new reserve and resource estimate in hand for its Sentinel copper project in Zambia.
Tembo looks for fresh start in Tanzania
Restructured and re-listed, Tanzania-focused Tembo Gold (TEM-V) is looking to finally take a thorough look at its prospective land package sitting adjacent to African Barrick Gold’s (ABGLF-Q, ABG-L) Bulyanhulu gold mine in the Lake…
Canadian Platinum Group scores South African mine permit
VANCOUVER — Vancouver-based Platinum Group Metals (PTM-T, PLG-X) is looking to fill a gap in mid-term platinum group metals (PGM) supply. With a mine permit now in hand for its Western Bushveld joint-venture-platinum project, the company…
Mali unrest puts gold miners on edge
Businesses operating in Mali should expect a hike in mining taxes and an increase in terrorism risk in the wake of a coup attempt in the West African nation, warns Exclusive Analysis, a London-based specialist intelligence company that…
Editorial: Mali-ce aforethought
Another year, another coup in Africa. This past week it was Mali’s turn to see rebel troops running through the streets of the capital and taking over the presidential palace.
Nationalization to bite into miners’ revenues
Indonesia’s new indigenization legislation aimed at foreign mining companies opens another chapter in a resource-nationalization saga amongst developing countries.