Chinalco to spend US$1.35 billion to earn into Rio’s Simandou
Vancouver – The Simandou iron ore project in Guinea is set for a major influx of spending after 95% owner Rio …
Africa
Geovic looks to be the name in cobalt
Geovic Mining (GMC-T, GVCM-O) is looking to Cameroon to become the go-to name in cobalt.
Red Back’s Tasiast Gold Reserves Grow 64% To 5M Oz.
Red Back Mining (RBI-T) has bumped up its reserves by 64% at its Tasiast gold project in Mauritania.
First Uranium raising $150M in convertible notes (March 12, 2010)
First Uranium (FIU-T) is on its way to raising some desperately needed capital that will allow it to construct…
Lundin jumps on DRC news
Vancouver – News that a resolution to the contract review for the Tenke Fungurume mine in the Democratic Rep…
M&A deals in 2010 to outnumber 2009, says Fasken Martineau (March 05, 2010)
Last year Fasken Martineau advised on 78 M&A deals valued at about $8 billion and the head of the law firm…
Red Back’s Tasiast reserves grow by 64% to 5 million oz.
Red Back Mining (RBI-T) has bumped up its reserve figures by 64% at its Tasiast gold project in Mauritania, th…
Riverstone reports solid sampling from Burkina Faso
Vancouver – The latest sampling results at Riverstone Resources’ (RVS-V) Karma project in Burkina Faso have re…
Anglo Aluminum looks to sell Guinea bauxite projects
Although Anglo Aluminum (ALU-V) is looking for a buyer for its sizeable Guinean bauxite project, the company i…
Canadian miners wait to see implications of regime change in Niger
The indefinite tenure of Niger’s President Mamadou Tandja has been cut short and Canadian junior miners in the…
A glance at Equinox’s Lumwana mine
Equinox Minerals Ltd. (EQN-T, EQN-A) has secured a US$400 million corporate loan facility from four commercial…
Work pays off for Rockwell Diamonds
Vancouver – After a rocky 2009 marred by a hostile takeover bid and extreme cuts in diamond demand that slas…