Japan, China, South Korea In Energy Shopping Spree
Taking advantage of depressed prices, energy-poor but cash-rich industrial powerhouses Japan, China and South Korea have embarked on large-scale buying of energy assets.
Africa
Avion beats its own estimate as gold flows in Mali
Avion Resources (AVR-V) has managed to beat its own guidance, and in doing so it has furthered its remarkably turna…
Gold Fields to earn into Mindoro’s projects in the Philippines
Mindoro Resources (MIO-V) and Gold Fields Netherlands Services, a subsidiary of Gold Fields (GFI-N, GFI-J), have si…
Zuma Handed The Reins In South Africa
The biggest geopolitical event in the mining world during the 16th trading week was the changing of the guard in South Africa.
More Ups And Downs For DRC Miners
Miners with operations in the Democratic Republic of the Congo (DRC) continue to be at the mercy of a market that has proven incredibly reactive to any rumblings from the mineral-rich but economically…
Barrick posts first quarter results; Buzwagi project to pour gold shortly
Barrick Gold (ABX-T, ABX-N) is set to pour the first gold at its Buzwagi project in northwestern Tanzania in the se…
Equinox Into Production In Zambia
VANCOUVER — After several years of hard work, Equinox Minerals (EQN-T, EQXMF-O) is into production at its massive Lumwana copper mine in Zambia.
Arae-Gassel Delivers For SearchGold
SearchGold Resources( RSG-V) has found high-grade gold mineralization in surface rock at the Arae-Gassel project in Burkina Faso, West Africa.
Freeport McMoRan’s first quarter revenue cut in half
Overall production was up and gold revenues from its Grasberg operations in Indonesia completely offset production …
UPDATE:Ups and downs of DRC mining
Miners with operations in the Democratic Republic of the Congo (DRC) continue to be at the mercy of a market that h…
Workers Protest At Paladin Construction Site
Paladin Energy (PDN-T, PDN-A) says worker unrest at its Kayelekera uranium project in Malawi hasn’t slowed construction and it expects commissioning by the end of April as scheduled.
Helio Raising $5.3M For Tanzanian Drilling
VANCOUVER — A cashing-up Helio Resource (HRC-V, HELOF-O) is tentatively planning a 20,000-metre drill program at its SMP gold project in the Lupa Goldfields of Tanzania, says the company’s CEO, Richa…