Passendro Grows For Axmin
VANCOUVER — The measured and indicated resource in the Main zone of Axmin’s (AXM-V, AXMIF-O) Passendro project in the Central African Republic has grown by 30%.
Africa
Canadian Gold Hunter and Sanu Resources to merge
With the proposed merger of Canadian Gold Hunter (CGH-T) and Sanu Resources (SNU-V), both part of the Lundin Mining…
African Aura and Mano River to merge
If the merger between African Aura Resources (AAZ-V) and Mano River Resources (MNO-V, MNRVF-O) goes ahead, the comb…
First gold pour for Centamin Egypt
Centamin Egypt (CEE-T, CNT-A, CEY-L) has poured its first gold from the Sukari Hill gold mine in Egypt’s eastern de…
Semafo Raising $40.5M
West-Africa focused Semafo (SMF-T, SEMFF-O) plans to raise $40.5 million through a bought-deal financing, the company reports.
Great Basin Advances Hollister And Burnstone
VANCOUVER– Trial mining and underground drilling at Great Basin Gold’s (GBG-T, GBG-X) Hollister project in Nevada have increased the gold resource there while the company works to finalize a US$129-m…
Emba Derho Scoping Study Lifts Sunridge
VANCOUVER — As Sunridge Gold (SGC-V, SGCNF-O) announces a positive scoping study for its Emba Derho copper-zinc project near Asmara, the capital of Eritrea, the company’s executive vice-president Don…
Xstrata Triggers Consolidation Talk With Anglo American Offer
Consolidation is the key word again in the base metals sector after Xstrata (XSRAF-O, XTA-L) tabled an informal offer for London-based Anglo American (AAL-L, AAUK-Q) on June 21.
Appleton Gains 200% On Malian Gold Hit
VANCOUVER — A high-grade gold hit from the Manalo gold project in Mali propelled Appleton Exploration’s (AEX-V, APPPF-O) share price to new heights recently.
Riverstone Defines Gold Deposit In Burkina Faso
VANCOUVER — Five years after deciding to focus its gold exploration efforts on Burkina Faso, Riverstone Resources (RVS-V, RVREF-O) has defined its first gold resource in the West African country.
Banro looks to move on to mining
Red Back Mining’s (RBI-T) move to acquire Moto Goldmines (MGL-T) and its gold rich Moto project in the eastern Demo…
Volta hits surface gold in Burkina Faso
Vancouver – Volta Resources’ (VTR-T) recent drill program at its Kampti III gold property in Burkina Faso has retur…