Volta defines initial copper-gold resource in Burkina Faso
Vancouver – A few days after its joint-venture partner returned full ownership of the Gaoua copper-gold property …
Africa
Red Back Mining posts record production in Q4
Mines in Mauritania and Ghana posted record production in the fourth quarter for gold producer Red Back Mining…
First Uranium To Bring Low-Cost Uranium-Gold Mines Online
First Uranium (FIU-T, FUM-J) is close to completing two financing deals that together will allow the company to fund capital expenditures at its two uranium-gold projects in South Africa and bring the…
Navasota Proves Up Bauxite Resource
VANCOUVER — After drilling more than 2,000 holes into its Koba project in Guinea, Navasota Resources (NAV-V, NAORF-O) has a bauxite resource in hand that has already surpassed 400 million tonnes and …
Sanu proves up VMS resource in Eritrea
Vancouver – After ten years in Eritrea Sanu Resources (SNU-V) has defined its first resource in the West African co…
Positive Feasibility For Banro’s Twangiza Project
Banro’s (BAA-T, BAA-X) wholly-owned Twangiza project in the Democratic Republic of the Congo will produce about 320,000 oz. gold per year at an average operating cash cost of US$274 per oz. for the fi…
Oromin Advances Sabodala
VANCOUVER — A 140,000-metre drilling effort in 2008 is paying off for Oromin Explorations (OLE-T, OLEPF-O): the company has delineated six mineralized zones at its Sabodala project in eastern Senegal…
$250M Loan Puts Katanga In Glencore’s Thrall
Faced with the mounting financial distress of Katanga Mining (KAT-T, KATFF-O), the company’s shareholders have agreed to let the world’s largest commodity trader step in.
African Copper Shuts Down Mowana
African Copper (ACU-T, ACU-L) is closing the doors on its Mowana copper mine in Botswana.
Barrick Holds Strong In Tanzania
Barrick Gold’s (ABX-T, ABX-N) North Mara mine in Tanzania has had its share of problems.
Anvil Rises On New Mining Contracts In DRC
VANCOUVER–The biggest copper producer in the Democratic Republic of the Congo (DRC) has finalized mining contract renegotiations for two of its three mining operations. After more than a year of disc…
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.