Big find for Malian artisinal gold miners
Artisanal miners in Mali have found a 2.7-kg gold nugget on a property licenced to African Gold Group (AGG-V). …
Africa
Mining execs converge at South Africa’s Indaba
CAPE TOWN, SOUTH AFRICA — The keynote session at the recent Mining Indaba conference in Cape Town, South Africa, saw leaders from many of the world’s largest mining houses step to the podium to discu…
Early figures point to sound economics at Barytex’s Shituru
VANCOUVER — A recently completed scoping study that forecasts robust economics at International Barytex Resources’ (IBX-V, IBYXFO) Shituru copper project, located in the Democratic Republic of the Co…
Platinum cracks US$2,000-per-oz barrier
A meteoric rise in platinum prices grabbed the mining sector’s attention during the week ended Feb. 16, the seventh trading week of 2008.
Uranium One president resigns over second production cut
Vancouver – Uranium One’s (UUU-T) share price freefall looks to continue with news that the uranium upstart had to …
La Mancha goes organic for 2008
It’s been nearly two years since a reverse takeover put Areva’s gold assets into then Venture Exchange listed La Ma…
Moto gains investor confidence
A ray of clarity from the sometimes murky political world of the Democratic Republic of the Congo has been a boon t…
Great Basin Gold ups Burnstone gold count by 41% (February 19, 2008)
Vancouver – An ongoing exploration program at Great Basin Gold’s (GBG-T) Burnstone project in South Africa has incr…
Bannerman updates uranium resource at Goanikontes
A new National Instrument 43-101 resource estimate for the Goanikontes Anomaly A uranium deposit in Namibia brings good tidings for Australian junior Bannerman Resources (BAN-T, BMN-A).
Caledonia Mining signs offtake deal with Chinese refiner
Caledonia Mining (CAL-T, CMCL-L) has teamed up with an undisclosed Chinese refiner, signing an offtake agreement for cobalt from its Nama project, in northern Zambia.
DRC mines minister says contracts to be reviewed
saw their share prices drop recently after the DRC’s Minister of Mining and Energy Victor Kasanga announced that the government wants a bigger share of mining profits and plans to renegotiate all mini…
De Beers takes US$965M hit for Snap Lake
Capital cost overruns at De Beers’ Snap Lake diamond mine in the Northwest Territories forced the company to take a US$965-million impairment charge in its 2007 yearend results.