Editorial: Appleton’s magical Malian hole
American magicians Penn and Teller memorably describe the Las Vegas strip as being a spectacular monument to people…
Africa
Xstrata triggers consolidation talk
Consolidation is the key word again in the base metal sector after Xstrata (XTA-L, XSRAF-O) tabled an offer for Lon…
Correction (June 22, 2009)
In our article on uranium in Niger ( T. N. M. , June 15-21/09), the reserve numbers for the Arlit, Akouta and Imouraren mines, and the projected annual production for Imouraren should be in tonnes of …
Severstal Improves High River Offer
High River Gold Mines’ (HRG-T, HRIVF-O) largest shareholder, Russian steelmaker Severstal, is sweetening its bid for the gold producer.
MagIndustries Raises $26M For Kouilou
VANCOUVER — A $26-million financing is giving MagIndustries (MAA-V, MAAFF-O) enough cash to continue construction at its Kouilou potash project in the Republic of Congo until the company can conclude…
Passendro gold resource grows for Axmin
Vancouver – The measured and indicated resource in the Main zone of Axmin’s (AXM-V, AXMIF-O) Passendro project in…
High River updates Bissa gold resource
High River Gold Mines (HRG-T) has boosted the mineral resource at its Bissa gold project in Burkina Faso, 80 km nor…
Great Basin boosts Hollister resource, lines up debt for Burnstone
Vancouver – Trial mining and underground drilling at Great Basin Gold’s (GBG-T) Hollister project in Nevada have …
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) sha…
Niger Moving Up The Uranium Ranks
Tom Bell, a State College, Pa., consulting geologist, makes two startling predictions for Niger’s vast uranium resources.
Platmin Extends Bridge Loan
VANCOUVER — Platmin (PPN-T, PLNLF-O) appears to have successfully navigated through the worst of troubled waters by closing a $69- million private placement and arranging a new deadline for repayment…
AngloGold Ashanti Posts Strong Earnings
Higher spot gold prices, a lower hedge discount and weaker local operating currencies all contributed to strong first-quarter results for AngloGold Ashanti (AU-N, AGD-L).