Aureus making history in Liberia with New Liberty
Vancouver — Aureus Mining (AUE-T, AUE-L) is taking big steps towards kick-starting development at its 100%-owned New Liberty gold project 90-km northwest of Monrovia, Liberia.
Africa
First Uranium to sell its South African assets
First Uranium (FIU-T) says it will sell chief assets — the Mine Waste Solutions (MWS) tailings recovery project and the Ezulwini gold-uranium mine, both in South Africa — for US$405 million as the underperforming junior…
Great Western arranges $80-million bond financing
Vancouver — Great Western Minerals Group (GWG-T) has secured US$80-million in a bond financing as it works to open its flagship rare earths mine in South Africa and build or upgrade several processing facilities.
La Mancha rises on prospect of auction
La Mancha Resources (LMA-T) is putting it self up for sale, and the market likes its chances of attracting a healthy premium.
Nationalization agendas will take a bite out of industry revenues
Vancouver— Indonesia’s new indigenization legislation aimed at foreign mining companies opens another chapter in a resource-nationalization saga amongst developing countries.
What’s next for Ethiopian Potash?
David Wahl, former president and chief executive of Ethiopian Potash (FED-V), in an early March interview said he aimed to keep the drills turning, construction going, and results flowing from the Danakil potash project in northern Ethiopia,…
Great Basin sees stronger future for troubled Burnstone mine
Vancouver – Struggling miner Great Basin Gold (GBG-T) got a much needed share price boost after releasing production and exploration updates on its two operating gold mines.
Graphite: Hot commodity or hyped commodity?
Lithium and rare earth metals became the “it” commodities in the mining industry over the last few years, and now there is a growing consensus among industry watchers that graphite is set to take the stage in their wake.
‘Rediscoveries’ among featured projects at Roundup 2012
Modern technologies combined with robust metal prices helped generate many of the domestic and international exploration successes featured at Mineral Exploration Roundup hosted by the Association for Mineral Exploration British Columbia (AME…
Kilo juggles projects in the DRC, Afghanistan
In late January Kilo Goldmines (KGL-V) announced that its iron ore joint-venture project with Rio Tinto (RIO-N) in the Democratic Republic of the Congo (DRC) has the potential to host direct shipping ore. In the same announcement the junior…
New discovery moves Volta upwards
A new discovery at its Kiaka gold project in Burkina Faso has had explorer Volta Resources (VTR-T) riding high.
Lumwana’s margins below Barrick’s expectations
Half a year in, Barrick Gold’s (ABX-T, ABX-N) newly purchased Lumwana copper mine in Zambia has done little to rebut the critics who denounced Barrick’s contentious and expensive move into copper through its June 2011 takeover of…