Ratel Gold looking to be a King-King maker
Vancouver – For the second time this year, the people behind CGA Mining (CGA-T, CGX-A) are spinning off African assets to concentrate on the Philippines.
Africa
Forbes and Manhattan Coal boost export capacity
Forbes and Manhattan Coal (FMC-T) currently exports about 35% of the coal it produces at its two mines in South Africa but plans to raise that percentage to about 80% by 2013 on the back of a new agreement with Transnet Freight Rail and…
Gold miners on tenterhooks in Cte d’Ivoire
Côte d’Ivoire (Ivory Coast) witnessed a wave of political violence in early December in the wake of a disputed Nov. 28 national election that saw two rivals each claim they’d won the presidency and appoint their own prime ministers and…
Perseus nears production in Ghana (December 08, 2010)
Vancouver – With less than a year to go before it joins the ranks as a gold producer, Perseus Mining (PRU-T, PRU-A) is pulling promising infill and exploration results from both of its key projects: the Central Ashanti gold project in Ghana,…
Allana gets the cash to explore more Ethiopian potash
With $12.4 million in its pocket Allana Potash (AAA-V) is set to take its potash play in Ethiopia to the next level. The company managed to close a private placement for 24.3 million common shares at a price of 51¢ per share — a 4%…
Helio reports initial resource estimate for SMP gold project
Vancouver – Helio Resource (HRC-V) has released an initial resource estimate for its SMP gold project in Tanzania following a season of concentrated drilling on the Porcupine target.
MDN looks north in Tanzania
The latest drill results from MDN’s (MDN-T) Ikungu gold property in Tanzania show the company to be following through on its goal of proving up mineralization at depth. The latest assays come from four holes that are part of its ongoing 13…
Anglo Aluminum boosts bauxite resources on eve of Guinea election
Vancouver – Anglo Aluminum (ALU-V) has increased the resource at its Koba bauxite project in Guinea by 46% and…
Lucara on a roll at Mothae, AK6
With the start of test mining at its Mothae diamond operation in June, and a positive feasibility for the development-stage AK6 joint-venture project released the same month, momentum was already…
Auryx looks to prove up Namibian gold
While Namibia has become more known for uranium and diamonds in the mining world over the years, Auryx Gold (A…
Avion Gold is off to a good start in Burkina Faso
Avion Gold (AVR-V, AVGCF-O) has completed an initial resource estimate for the Vindaloo zone of its recently a…
Freeport reaches a deal with the DRC
The Democratic Republic of Congo has finally completed its lengthy review of Freeport-McMoRan Copper & Gol…