Midlands gets the cash for Sian
With its latest round of financing complete, Midlands Minerals (MEX-V) is set to get aggressive on its drill program in Ghana.
Africa
Orezone expands Bombor project area
Orezone Gold (ORE-T) has scooped up the exploration rights to an additional 63 sq. km of ground adjacent to its 100%-owned Bomboré gold project in Burkina Faso. Its new Toéyoko permit extends the project’s footprint to the south…
Banana yields more copper for Hana
As Hana Mining (HMG-V) drives towards building a copper mine at its Ghanzi property in Botswana, the company is still hitting significant grades of copper and silver in the Banana zone.
Endeavour Mining to merge with Adamus
Canada’s Endeavour Mining (EDV-T) and Australia’s Adamus Resources (ADU-V, ADU-A) are planning to merge and create a “growth-focused West African gold producer” with pro forma production this year of about 170,000 oz. gold from two mines,…
NGEx Resources kicks off potash drill program
NGEx Resources (NGQ-T) has begun drilling its Bada potash project, about 150 km southeast of Asmara, the capital of Eritrea, and about 30 km inland from the port of Mersa Fatma on the Red Sea.
Commentary: Africa’s boom ‘not just a China story’
In a new report from Renaissance Capital, equity strategist Charles Robertson argues that African nations have begun “the long-awaited period of catch-up with the developed world” and that “the bottom billion is becoming the fastest billion.”
Perseus pours first gold from Central Ashanti
Perth-based Perseus Mining (PRU-A, PRU-T) has started producing gold from its Central Ashanti gold project in Ghana’s renowned Ashanti gold belt. After ramping up to full production, the company plans to produce 265,000 oz. gold per year there…
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…
Great Western to build REE plant with Chinese partner
Great Western Minerals (GWG-V) plans to set up a joint venture with a Chinese company to build a rare earth (RE) separation plant in South Africa.
African Queen looks to repeat Pan African’s success
Irwin Olian is looking to strike it big in Africa yet again.
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 preliminary operating results for the second quarter.
Frontier cuts deal with Koreans to advance Zandkopsdrift
In the race to bring the world new sources of rare earths from places other than China, Frontier Rare Earths (FRO-T) has put itself in a solid position, thanks to a deal with a deep-pocketed Korean consortium.