Tanzanian assay results buoy Continental Nickel
In one field season exploration newcomer Continental Nickel (CNI-V) has discovered six nickel-sulphide zones near s…
Africa
First Uranium builds new plant
Capital costs for First Uranium’s (FIU-T, FURAF-O) Buffelsfontein gold-uranium tailings recovery project in South Africa have increased 76% to US$260 million, compared with a preliminary assessment es…
Zambia to raise mining taxes
Vancouver — A significantly increased effective tax rate is bad news for companies interested in mining in Zambia, but it seems proposed hikes in the country’s mining taxes will not affect those majo…
Nevsun’s Bisha project gets green light in Eritrea
Nevsun Resources (NSU-T, NSU-X) is poised to become the first Western company to build a mine in Eritrea.
Oromin’s Sabodala gold project shows promise
Vancouver — Stepout and deep infill drilling at the Sabodala project in Senegal continue to return strong gold grades for Oromin Explorations (OLE-V, OLEPF-O).
Riverstone hopes for big resource boost at Karma
After recent drilling doubled the length of Riverstone Resources’ (RVS-V, RVREF-O) Kao gold deposit to 600 metres, …
MDN’s focus on Tanzania is paying off with solid gold production
After South Africa and Ghana, Tanzania is Africa’s third-largest gold producer and MDN’s (MDN-T) Tulawaka gold mine…
Delta drills high-grade gold in Mali (January 15, 2008)
Vancouver – Drilling by Delta Exploration (DEV-V, DEVDF-O) has turned up a couple of new gold discoveries on its Ma…
Zambian president proposes increased mining taxes
Vancouver – A significantly increased effective tax rate is bad news for companies interested in mining in Zambia …
Etruscan, Resolute, look beyond ‘easy oxide’
There’s no time like now for Etruscan Resources (EET-T) and Resolute Mining (RMGGF-O, RSG-A).On the heel of a 5…
Positive feasibility for Moto gold project
Vancouver — There may be a new mine on the horizon for the Democratic Republic of the Congo (DRC), as a feasibility study gave a green light to Moto Goldmines’ (MGL-T, MTOGF-O) Moto gold project.
Nachingwea results lift Continental
Vancouver — Assay results from the company’s first seven holes into the Nachingwea nickel sulphide project, in Tanzania, moved 5-month-old Continental Nickel (CNI-V) up 164% in recent trading.