RCMP looks at Cardero’s activities in Ghana
Despite promising early results from its Sheini Iron Ore project in Ghana, Cardero Resources (CDU-T) could be facing some legal headaches over the project.
Africa
Energizer puts Molo’s graphite in fast lane
It has been a story of evolution by discovery for Energizer Resources (EGZ-T), a Toronto-based explorer with significant land holdings in southern Madagascar. The company was originally billed as a prospective vanadium producer — its…
Eastplats stung by platinum price drop
A softening platinum market is taking a bite out of miners as companies face shrinking margins and production challenges, especially in South Africa’s prolific Bushveld complex, which accounts for 72% of global platinum output.The…
Banro faces delay during Twangiza ramp-up
VANCOUVER — Just days after taking the keys from mine developer Banlaw Afrique, Canadian gold outfit Banro Corp. (BAA-T, BAA-X) has run into delays during the comissioning of its 100%-owned Twangiza open-pit mine 45 km southwest of Bukavu…
Rio Tinto announces billions in new capital commitments
VANCOUVER — Rio Tinto (RIO-N, RIO-L) has announced billions of dollars in capital commitments to advance and upgrade some of its most high-profile assets.
Semafo hits new gold zone in Niger
Taking a look at the old data has lead to a new discovery for Semafo (SMF-T).
Centamin’s upgrades a ray of sunshine at Sukari
Shareholders of Egypt-focused gold miner Centamin (CEE-T) have gotten a welcome bit of good news with the the company releasing an upgraded open-pit plan for its flagship Sukari gold mine in southeastern Egypt, some 700 km south of Cairo near…
La Mancha extends gold strike at Ity
VANCOUVER — International gold producer La Mancha Resources (LMA-T) unveiled some good news at its Ity mine in Côte d’Ivoire to start June, when the company released drill results that indicate an extension of gold…
Barrick slides on management changes
Barrick Gold (ABX-T, ABX-N) took a mild beating after it named a new chief executive in a move to bolster its share price, leaving some analysts wondering if turbulent waters lie ahead.
Kinross continues to grapple with Tasiast
Unpopular mergers were behind some tough news for two of Canada’s largest gold miners on Wednesday.
Hana plunges on Ghanzi PEA disappointment
Hana Mining’s (HMG-V) share price dropped 68% after the company released a long-awaited preliminary economoc assessment (PEA) on the Banana zone and zone 5 at its 70%-owned Ghanzi copper-silver project in northeastern Botswana.The news…
Edgewater outlines Ghana resource as it focuses on Spain
VANCOUVER — Edgewater Exploration (EDW-V) has released a maiden resource on its Enchi gold project in Ghana as it continues to push forward with its flagship Corcoesto gold project in Spain.