Riverstone drilling enriches its Karma
The latest drill results from Riverstone Resources’ (RVS-V) Karma project look to be pushing known mineralization farther south on the Gouglagou I zone and deeper on the Gouglagou II zone.
Africa
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…
Abzu Gold starts drilling potential Esaase look-alike in Ghana
Vancouver – The Cardero Group’s Abzu Gold (ABS-V) has started the first round of drilling at its Golden Reef gold project in Ghana’s Asankrangwa gold belt. It plans to complete 12,000 metres of drilling using a combination of…
Avion Gold continues success in Mali
Drilling to test northwest- and northeast-trending structures at Avion Gold’s (AVR-T, AVGCF-O) Tabakoto deposit in Mali has returned some significant intercepts including 20.88 grams gold over 5.7 metres, 36.04 grams over 3 metres, and 29.04…
Allana Potash updates resource estimate in Ethiopia
An updated resource estimate based on just 40% of Allana Potash’s (AAA-V, ALLRF-O) licenced land in Ethiopia is better than the company had initially expected.
Orezone Gold drilling boosts Bombore’s size, gold grades
Infill drilling at Bombore, the largest undeveloped gold project in Burkina Faso, has yielded positive results with grades about 65% higher than the resource model, Orezone Gold (ORE-T) reports.
Great Quest rises on Mali’s phosphate potential
It must have been one inspiring annual shareholders meeting for Great Quest Metals (GQ-V) as the company’s shares jumped just a day after it was concluded. In Toronto on June 14 the company’s shares were up 26% or 85¢ to $4.15 on 98,400…
Banro raises funds for Congolese hospital
The Banro Foundation, a charity created by Canadian gold explorer Banro (BAA-T, BAA-N) in the Democratic Republic of the Congo, raised $80,000 for the Panzi Hospital in the eastern part of the country.
Riverstone drilling enriches its Karma
Vancouver – The latest drill results from Riverstone Resources’ (RVS-V) Karma project look to be pushing known mineralization further south on the Gouglagou I zone and deeper on the Gouglagou II zone.
Canaco continues expanding Handeni (June 06, 2011)
Showing little sign of slowing down, Canaco Resources (CAN-V) has in recent weeks accelerated a 28,000-metre drill program in Tanzania, readied the spin-out of its Ethiopian assets, raised almost $140 million, and dramatically increased its…
Platinum Group Metals pushing forward on Western Bushveld (June 06, 2011)
In a sector dominated by old-school majors with ever-deepening mines, Platinum Group Metals (PTM-V, PLG-X) stands out as being anything but.
Pan Terra heads to southern Africa in search of gold, copper
From the ashes of a high-flying hydrogen fuel cell promotion and later a construction-site preparation and excavation business, Pan Terra Industries (PNT-V) has re-emerged as a mineral explorer.