African Gold teams up with Newmont on Mankranho, Ghana
African Gold Group (AGG-V) is joining hands with a subsidiary of Newmont Mining (NEM-N) to develop its Mankranho g…
Africa
Big diamond makes big difference for Rockwell’s Q2
A single diamond sold for US$10.3 million made up the bulk of Rockwell Diamonds’ (RDI-T, RDI-j) revenue over the latest quarter, which was affected by striking miners demanding higher wages.
Blue Note to shut Caribou and Restigouche
Blue Note Mining (BN-T, BNMFF-O) is the latest miner to join the care and maintenance club after less than a year o…
Miners still waiting on DRC review
Investors and onlookers alike will have to hold their collective breath a little longer as completion of the mining contract review in the Democratic Republic of the Congo has been delayed.
Xstrata drops Lonmin offer, then stocks up
The same day that it dropped a hostile US$10-billion bid for Lonmin (LNMIF-O, LMI-l), Xstrata (XSRAF-O, XTA-l) increased its stake in the platinum miner to nearly 25% — buying 22.2 million shares at …
Big diamond makes up for production slow-down for Rockwell
A single diamond sold for US$10.3 million made up the bulk of Rockwell Diamonds’ (RDI-T, RDI-J, RDIAF-O) revenue ov…
CIC Energy buys back shares, advances Mmamabula
CIC Energy (ELC-T, CIEGF-o) is planning to buy back up to 5% or 2.7 million of its outstanding shares on the open market in a bid to boost its stock, which the company says is undervalued.
SearchGold starts small with Gabon JV
SearchGold Resources (RSG-v) has received a mining permit for its 36%-owned Bakoudou-Magnima gold project in Gabon, a joint venture with Moroccan company Managem.
Gem Diamonds recovers 478-carat stone at Letseng
Vancouver — For the third time in as many years, Gem Diamonds (GEMD-l) has recovered a diamond from its Letseng mine, in Lesotho, big enough to take a place on the list of the 20 largest rough diamon…
The path to development in Eritrea
Vancouver — The bomb dropped on Sept. 2, 2004, when mineral exploration and mine development companies in Eritrea received letters from the Eritrean government commanding them to halt operations. Mos…
Rockwell snubs Pala bid
Vancouver — South African alluvial producer Rockwell Diamonds (RDI-T, RDIAF-o) is fighting off a hostile takeover offer from its largest shareholder, a private equity firm based in the Channel Island…
Waiting for DRC mining review
Investors and onlookers alike will have to hold their collective breath a little longer as the completion of the mi…