Golden Star looks to get back on track
Golden Star Resources (GSC-T, GSS-X) recently reported an initial resource estimate for its new Buesichem South deposit in Ghana, days after posting lower operating results for the second quarter.
Africa
Mukuba Resources options land next to Tenke-Fungurume
At just 19.5¢ a share and 57.4 million shares outstanding, Mukuba Resources (MKU-V) may have slipped under the radar of many investors. But a recent option and joint-venture (JV) agreement on a tenement adjacent to the Tenke-Fungurume mine…
AngloGold move lifts First Uranium
AngloGold Ashanti (AU-N) clearly likes the discounted price on uranium plays and its confidence in one producer is reverberating through the market. The gold producing senior miner is taking a significant position in Toronto-based First Uranium…
South African dealmaker finds US$100 million for struggling Axmin
Turning around a penniless junior mineral explorer looking to develop a gold project in the Central African Republic, of all places, is not a job most people would relish. Taking the job without a salary in order to save the company money -…
Lower Q2 production at Eastplats’ Crocodile
Eastern Platinum (elr-t) saw second quarter production from its main Crocodile River platinum group metals (PGM) mine in South Africa’s Bushveld Complex shrink by one third, due to labour issues that led to a strike at the mine in early May.
Frontier set to make splash in rare earths sector
In the race to bring the world new sources of rare earths from places other than China, Frontier Rare Earths (FRO-T) put itself in a solid position thanks to a deal with a deep pocketed Korean consortium.
Iamgold completes sale of Tarkwa and Damang stake
Flush with US$667 million in cash from the sale of its 18.9% stake in the Tarkwa and Damang projects in Ghana to Gold Fields (GFI-N), Iamgold (IMG-T, IAG-N) could be on the lookout for other acquisitions in West Africa, Canaccord Wealth…
Frontier to team up with Koreans in South Africa
Frontier Rare Earths (FRO-T) saw its share price jump after announcing an agreement with a Korean firm that will speed-up the development of its Zandkopsdrift rare earth project in South Africa. The agreement was made with Korea Resources…
First Quantum contemplates smelter
With concerns mounting about Zambia’s maxed-out smelting capacity, First Quantum Minerals (FM-T, FQM-L) is evaluating whether the time has come to build and operate a copper smelter. A decision will be made later this year.
Work disruptions continue on South Africa’s Bushveld
Disgruntled employees have once again disrupted mining operations on South Africa’s Bushveld Complex, with Platmin (PPN-T) being the latest target.
Mawson West releases Kapulo feasibility study
Newly listed on the TSX in March, Mawson West (MWE-T) has already released a feasibility study on the Kapulo copper target at its Dikulushi concessions in the Democratic Republic of the Congo, thanks to its previous work as an…
Lucara harvests high-value stones at Mothae
The first diamond tender from Lucara Diamond’s (LUC-V) 75%-owned Mothae mine, in Lesotho, brought in $8.2 million for 9,381 carats of stones earlier this year.