BRC scales back to preserve cash
Sustained lower prices for diamonds and the deepening economic downturn have led BRC DiamondCore (BCD-T, BCD-J) to …
Africa
Banro increases resource at Twangiza
Banro (BAA-T, BAA-x) has grown its resource at Twangiza in the Democratic Republic of the Congo by 49.7% to 5.6 mil…
Oromin keeps hitting gold in Senegal (January 13, 2009)
Vancouver – A 140,000-metre drilling effort in 2008 is paying off for Oromin Explorations (OLE-T): the company has …
El Nino falls on results from new DRC project
Vancouver – The first full set of drill results from El Nino Ventures’ (ELN-V) Kasala copper discovery in the…
Glencore moving in on Katanga
Facing financial distress Katanga Mining’s (KAT-T) shareholders have agreed to allow the world’s largest commodity …
ARM, Vale To Turn Teal Into 50-50 JV
VANCOUVER– In a roundabout deal, Vale (RIO-N) is paying a hefty premium to get its hands on half of Teal Exploration and Mining (TL-T, TLXMF-O).
Business As Usual After Guinea’s Military Coup
It didn’t take long for unrest to take hold in Guinea after the country’s long-serving president was pronounced dead on Dec. 22 and that has meant increased uncertainty for miners in the country.
MagIndustries Makes Headway At Kouilou
Using a treasury that held consolidated working capital of more than US$100 million in September, Mag- Industries (MAA-V, MAAFF-O) continues to advance its Kouilou potash project in the Republic of Co…
African Copper On The Ropes At Mowana
VANCOUVER — A massive value writedown for its brand new Mowana copper mine in Botswana, depressed copper prices, and a share price barely off the floor has put African Copper (ACU-T, AFNCF-O) in a to…
Semafo ramps up gold production in West Africa
At a time when miners have been hard pressed to deliver good news, Semafo (SMF-T) managed to pull out a nugget for …
Continental Nickel’s Tanzanian results
Nickel may be trading at just US$5.96 per lb. but that isn’t slowing down Continental Nickel (CNI-V) at its N…
Mining stops, then starts in Guinea
The coup in Guinea has had an impact on miners in the country – if not for very long.