Death of Conte brings coup in Guinea
It didn’t take long for unrest to rear its head after the long serving president of Guinea was pronounced dea…
Africa
BHP OKs Aussie Iron Ore Expansion
BHP Billiton (BHP-N, BLT-l) has approved an expansion at its iron ore mining operations in Western Australia, which will raise production by 50 million tonnes to 205 million tonnes per year in 2011.
Iamgold Spies Opportunity Amidst Market Turmoil
Iamgold (IMG-T, IAG-n) continues to make the most of a slumping market in its effort to become a leading mid-tier gold producer.
Mexivada Signs Diamond Deal In Sierra Leone
The 968-carat “Star of Sierra Leone” diamond was discovered in 1972 — just a few miles north of where Mexivada Mining (MNV-V, MXVDF-o) will soon start its alluvial diamond mining operations.
Great Basin Buys Mill For Hollister
Vancouver — Great Basin Gold (GBG-T, GBN-x) is trying to get two mines into production within the next six months and in recent weeks has taken a few important steps towards that goal.
African Copper asks to quintuple outstanding shares to raise needed cash
Vancouver – A massive value writedown for its brand new Mowana copper mine in Botswana, depressed copper prices, an…
MagIndustries advances Kouilou potash project
Using a treasury with a consolidated working capital of about $105 million, MagIndustries (MAA-V) continues to adva…
Katanga in distress
Speculation over the poor state of Katanga Mining’s (KAT-T) finances is over.
Iamgold gets a deal on key West African asset
Iamgold (IMG-T, IAG-N) is using the slumping market as an opportunity to grab a key asset in West Africa.
52 grams gold over 9 metres at Oromin’s Sabodala project
Oromin Explorations (OLE-V) has reported some strong gold grades from a new area of its Sabodala property in easter…
Malian gold intercepts lift Avion
Vancouver – As it gears up to start open pit operations at the Segala project about 200 km south of Kayes, Ma…
Platmin sells majority stake for US$175M
Vancouver – In exchange for US$175 million, enough to finish construction of the Pilanesberg platinum mine in South…