Keegan Cuts More Gold At Esaase
Keegan Resources (KGN-T, KGN-X) has reported more gold intercepts at its Esaase project in Ghana, including 11 metres of 6.6 grams gold per tonne from just 1 metre depth in hole 509.
Africa
El Nino Falls On Results From New DRC Project
VANCOUVER–The first full set of drill results from El Nino Ventures’ (ELN-V, ELNOF-O) Kasala copper discovery in the Democratic Republic of the Congo (DRC) left investors unimpressed: El Nino’s share…
Hana Mining Hits Copper-Silver In Botswana
VANCOUVER–New results from the Ghanzi copper-silver project in Botswana show promising grades for owner Hana Mining (HMG-V).
Red Back Raises $150M For African Gold Operations
VANCOUVER– Red Back Mining (RBI-T, RBIFF-O) is riding the gold tide and raising money again. It was only two months ago that the gold producer had to boost a $40- million financing to $60 million bec…
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.
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.