Centamin Raising $60M For Sukari
VANCOUVER — Centamin Egypt (CEE-T, CEY-L) is raising $60 million for its 9-million-oz. Sukari gold project in Egypt through a bought-deal financing.
Africa
Great Western Looks South For Rare Earths
As China continually tightens the reins on rare earth exports, Great Western Minerals Group (GWG-V, GWMGF-O) is trying to secure its own supply by signing an option agreement with a South African comp…
Tanzanian Royalty strikes deal with Kazakh Africa Mining
Tanzanian Royalty Exploration Corp.’s (TNX-T, TRE-x) shares climbed 5% to $4.39 per share following news it had sig…
Forsys grows what likely won’t be its own
Forsys Metals’ (FSY-T) continues to grow the Valencia uranium deposit in Namibia even though the project will not l…
First Uranium nails US$125m and $61.5m in two deals
First Uranium (FIU-T, FUM-J) has announced a bought deal private placement financing of $61.5 million, anticipate…
Navasota proves up 400-million tonne bauxite resource
Vancouver – After drilling more than 2,000 holes into its Koba project in Guinea Navasota Resources (NAV-V) has a b…
Record Production For Semafo
At a time when miners have been hard pressed to deliver good news, Semafo (SMF-T, SEMFF-O) has managed to pull out a nugget for the market.
New CEO Not Looking To Transform Barrick
Despite his relative youth, Barrick Gold’s (ABX-T, ABX-N)new president and CEO, Aaron Regent, has taken some of Canada’s largest companies through difficult times.
Mining Moguls Add Star Power To Women In Mining Fundraiser
Philanthropist Frank Giustra, investment entrepreneur Eric Sprott and gold mining magnate Robert McEwen have agreed to meet with the winners of an unusual contest organized by Women in Mining (WIM) to…
Red Back raises $150 million
Vancouver – Red Back Mining (RBI-T) is riding the gold tide and raising money again. It was only two months ago tha…
Barrick holds strong in Tanzania
Barrick Gold’s (ABX-T, ABX-N) North Mara mine in Tanzania has had its share of problems.
Anvil rises on new mining contracts in DRC
Vancouver – The biggest copper producer in the Democratic Republic of Congo (DRC) has finalized mining contract r…