Newmont readies market for shortfalls
Vancouver — The world’s second-largest gold producer, Newmont Mining (NMC-T, NEM-N), has given notice that bullion output from its mines will temporarily decline until it can bring new development pr…
Africa
Axmin tallies Sierra Leone gold resource (October 05, 2006)
Axmin (AXM-V) has released an initial resource estimate for its grassroots Komahun prospect, which forms part of it…
Volta Power Cuts to Hit Gold Mines
Low water levels in the Volta River system have led the Ghanaian power generation agency, the Volta River Authority, to begin a program of load management that includes some power cuts to users, inclu…
Editorial: When Kipushi comes to shove (September 25, 2006)
In a battle now at the stage of competing advertisements in mining and business publications, Canada’s First Quantum Minerals and South Africa’s Kumba Resources have threatened legal action against co…
Iamgold bids for Cambior (September 25, 2006)
A friendly deal between Iamgold (IMG-T, IAG-N, IGD-A) and Cambior (CBJ-T, CBJ-X) would see Iamgold take over the Montreal-based gold miner in a paper deal valued at $1.3 billion to form a gold company…
Rubicon arranges financing for African spin-off vehicle
Vancouver – A newly arranged financing agreement paves the way for Rubicon Minerals (RMX-T, RBY-X) to proceed with…
African Copper twin holes confirm results
A data verification program by consulting firm RSG Global, commissioned by African Copper (ACU-T, ACU-L) for the Du…
African Copper to go ahead at Dukwe (September 20, 2006)
African Copper (ACU-T, ACU-L) will start construction of a mine at the Dukwe copper project in Botswana, with the h…
Editorial: When Kipushi comes to shove (September 20, 2006)
In a battle now at the stage of competing advertisements in mining and business publications, Canada’s First Quantu…
Gold Fields to buy Barrick’s Deep stake
Barrick Gold (ABX-T, ABX-N) is selling its half interest in the South Deep gold mine in South Africa to Gold Fields (GFI-N) for nearly US$1.53 billion….
Gold Fields bids for WA, expanding Driefontein, Kloof
Coincident with its deal to acquire Barrick Gold’s (ABX-T, ABX-N) half stake in the South Deep gold mine in South Africa, which is co-owned by Western Areas (WARJF-O, WAR-J), Gold Fields (gfi-n) is bo…
LionOre taking its share (September 18, 2006)
With the price of nickel surging in recent weeks and traditional titans Inco (N-T, N-N), and Falconbridge (FAL-T, FAL-N) fading away, LionOre Mining International (LIM-T, LMGGF-O, LOR-L) is establishi…