Great Basin opens Burnstone gold mine (March 11, 2011)
In July 2006, Great Basin Gold (GBG-T) started building its Burnstone gold mine in South Africa, looking to be the first new gold producer in the Witwatersrand basin in 30 years.
Africa
De Beers smiles as diamond prices rebound
While a certain amount of global uncertainty remains, 2010 saw a strong recovery in diamond prices driven by exceptional demand in China and India, coupled by a better than expected retail performance in the U.S. during the Christmas season.
Keegan ramps up exploration in 2011
After delineating nearly five million ounces of gold at its Esaase project in Ghana, Keegan Resources (KGN-T) is continuing to intersect mineralization as it tests both downdip and strike extensions of known zones.
Situation in Cote d’Ivoire worsens
As tensions in Côte d’Ivoire continue to escalate, it is getting more difficult to determine if and when a stable investment environment may return to the country.
Resolute Mining is focused on Mali
Resolute Mining (RSG-X) – the second-largest gold producer listed on the Australian Stock Exchange – may be preparing to wind down its Golden Pride mine in Tanzania in East Africa over the next 24 months after twelve very successful years and…
Great Basin opens Burnstone gold mine (March 05, 2011)
SITE VISIT: Balfour, South Africa – In July 2006, Great Basin Gold (GBG-T) started building its Burnstone gold mine in South Africa, looking to be the first new gold producer in the Witwatersrand basin in 30 years.
DRC lifts mining ban
The Democratic Republic of the Congo will lift a ban on mining in its eastern provinces that it imposed in September to try to cut off funding to armed groups. The decision came just one day after an attack against the Kinshasa residence of…
South African miners fall behind
Cape Town, South Africa – The mood at the 2011 Mining Indaba conference in South Africa was markedly upbeat as the industry experiences booming growth, but the host nation was left wondering how it had missed out.
Sherritt supports blindness prevention in Madagascar
Sherritt International (s-t) has donated $32,000 to Seva Canada, to help the charity restore sight and prevent blindness for people in Madagascar.
Sunridge hits more high-grade copper-gold
Sunridge Gold (sgc-v) has released its second round of drill results in two weeks, with more significant gold-copper-silver hits at its Asmara project in Eritrea.
Letter to the editor: How business really gets done in the DRC
Regarding the article “African Copperbelt: still risky after all these years” (T.N.M., Feb. 7-13/11), the problems in the Democratic Republic of the Congo (DRC) have not yet begun.
African Aura’s Nkout tops a billion tonnes of iron ore in Cameroon
A first resource estimate for African Aura Mining’s (aur-v, aaam-l) Nkout iron project in southern Cameroon has more than a billion tonnes.