PMI Gold sets out financials for fast-growing Obotan project
Vancouver – Australia-based PMI Gold (PMV-V, PVM-A) has outlined a 205,000-oz.-gold-per-year operation in a prefeasibility study on its Obotan gold project in Ghana.
Africa
Helio high on southern Tanzania
Helio Resource Corp. (HRC-V) continues to show that Tanzania has plenty of gold potential further south than most Western investors would have it.
Anglo American meets organic growth milestones
Over the last year Anglo American (AAL-L) has commissioned three of its four major growth projects in three different metals: iron ore, nickel and copper.
Avion triples Hounde resource to 1.6M oz. gold
In less than two years, Avion Gold (AVR-T) has turned a group of early stage mineral concessions in Burkina Faso into a 1.6-million-oz. gold project, with management convinced of its potential for growth.
First Quantum to sell its DRC assets
First Quantum Minerals (FM-T, FQM-L) is putting an end to its troubles in the Democratic Republic of the Congo (DRC) by agreeing to sell its DRC assets and drop any related legal claims for US$1.25 billion.
Africa’s improving legislative environment
Today more than ever before, there is a growing emphasis across many African countries on accountability and transparency concerning their natural resources. Alongside this, however, is the unpredictable and growing trend of resource…
Chalice Gold looks to sell Eritrean gold deposit
Chalice Gold Mines (CXN-T, CHN-A) could potentially sell its 60% stake in the Zara gold project in northern Eritrea.
African Metals held up by violence and rain
National elections in the Democratic Republic of the Congo (DRC) have held up African Metals (AFR-V) in the development of its Luisha South copper and cobalt project.
Mining history: African mining on the eve of the colonial period
The following is an excerpt from a report entitled Minerals and Africa’s Development, released by the United Nations’ Economic Commission for Africa and the African Union. For the full report visit africaminingvision.org.
La Mancha planning second life for Hassai
For the past six years, Martin Amyot has been making an annual trek to Vancouver to try to convince investors that not only has Sudan had a gold mine in continuous operation since 1991, but also that the mine will be in operation for years to…
Avion triples Hounde resource to 1.6M oz. gold
In less than two years, Avion Gold (AVR-T) has turned a group of early stage mineral concessions in Burkina Faso into a 1.6-million-oz. gold project, with management convinced of its further potential for growth.
Anglo American meets organic growth milestones
Over the last year Anglo American (AAL-L) has commissioned three of its four major growth projects in three different metals: iron ore, nickel and copper.