Birim and Goldcrest join forces to take on West Africa
West Africa-focused juniors Birim Goldfields (BGI-T, BRGFF-O) and Goldcrest Resources (GCL-V, GCTRF-O) have agreed to merge after unanimous votes by the boards of both companies.
Africa
De Beers gets frostbite in Canada’s Arctic
The week ended Feb. 9, the sixth trading week of 2007, was punctuated by another setback for Canada’s emerging diamond mining industry, with De Beers taking a severe haircut at its new Snap Lake mine,…
Early economics robust at Barytex’s Shituru copper
Vancouver – A recently completed scoping study forecasting robust economics at International Barytex Resources’ (IB…
Highlights from Mining Indaba
Cape Town, South Africa – The keynote session at the Mining Indaba conference in Cape Town, South Africa, saw leade…
Semafo banks on Mana
Semafo (SMF-T, SEMFF-O) president and CEO Benoit La Salle made his entry into West Africa’s mining scene in the mid-1990s — before there was a scene to speak of.
Goldrush follows the artisanal miners in Burkina Faso
At a recent Richmond Club luncheon at the tony National Club, in Toronto, Don Willoughby of Goldrush Resources (GOD-V, GDRRF-O) generated some laughs when he kicked off his presentation with reference…
Etruscan boosts Blue Gum diamond resource
For the last four years, Etruscan Resources (EET-T, ETRUF-O), through its 53.7%-owned subsidiary Etruscan Diamonds, has been quietly buying up properties in South Africa’s Ventersdorp alluvial diamond…
Anvil updates Kinsevere feasibility
Anvil Mining (AVM-T, AVM-A) has updated a preliminary study on its Kinsevere copper project, in the Democratic Republic of the Congo (DRC), based on a recent 45,370- metre drilling program that has li…
Hunting for nickel in Tanzania
Tanzania’s prospective Kabanga nickel belt was first discovered by the United Nations Development Program (UNDP) in the 1970s.
De Beers takes US$965-million hit for Snap Lake
Capital cost overruns at De Beers’ Snap Lake diamond mine in the Northwest Territories forced the company to take a…
Is coal the new gold? (February 08, 2008)
UBS and Citigroup have raised their price forecasts for thermal and coking coal for the coming two years and it’s n…
DRC Minister of Mines says all contracts to be reviewed
Cape Town – Mining companies working in the Democratic Republic of Congo (DRC) saw their share prices drop on Tuesd…