Africa


Production has increased at La Mancha Resources' Hassai gold project in Sudan, but that didn't help the company's bottom line in the first quarter. The company saw a net loss of $2.4 million, up from $1.4 million in the same period of 2007.

La Mancha sees rise in production, costs

While gold production is on the rise for La Mancha Resources (LMA-T, LACHF-O), so, too, are its costs, and its recent first-quarter results were unable to generate positive momentum on the market.









Gold Fields’ South African miners killed

The past couple of weeks have been tragic ones for Gold Fields (GFI-N) employees after a series of unrelated accidents claimed 13 lives at two of the company’s South African assets.



A drill rig is dwarfed in the road on the Gazelle zone at Centamin Egypt's Sukari project, in Egypt.

Centamin thinks deep thoughts at Sukari

PERTH, WESTERN AUSTRALIA–The Sukari gold project in Egypt’s eastern desert has added resources and reserves so quickly over the past three years that owner Centamin Egypt (CEE-T, CEY-L) has become a …


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