MagIndustries eyes Congo potash mine
VANCOUVER — MagIndustries (MAA-V, MAAFF-O) has lined up a $100-million brokered offering for subsidiary MagMinerals that is earmarked for planned development of its Kouilou potash project, in the Rep…
Africa
Orezone defines resources in Burkina Faso
VANCOUVER–With four advanced-stage gold projects on the go in Burkina Faso, news keeps on coming from Orezone Resources (OZN-T, OZN-X), including a recently updated resource estimate for its Bondi pr…
PDAC shatters attendance records
During the week ended March 8, the tenth trading week of 2008, there was no better way to soak in the enormity of the current mining boom than to push your way through the booths, auditoriums and hall…
Pencari Mining quietly builds land holding in Madagascar
Just 15% of the land available for mining in Madagascar is unclaimed and it’s going fast, the country’s minister of…
Express delivery from Mali
Merrex Gold (MXI-V) was eager get drill results to the market from its operations in Mali, so it issued partial res…
Sierra Leone serves up early results for Cream Minerals
Preliminary work has yielded Cream Minerals (CMA-V) 46 diamonds in the first four days of operations on its Sewa Ri…
MagIndustries eyes $100M financing for potash mine
Vancouver – MagIndustries (MAA-V, MAAFF-O) has lined up a $100-million brokered financing for subsidiary MagMineral…
Orezone defines resources at Bondi, Bombore
Vancouver – Orezone Resources (OZN-T) is a busy company these days. With four advanced stage gold projects on the g…
Midlands Minerals grows in Ghana
Kim Harris is used to hunting in elephant country. As the former director for Africa of the Ontario International Corp., she spent more than a decade crisscrossing the continent looking for business o…
Uranium One CEO resigns on plunging production forecasts
VANCOUVER — Uranium One’s (UUU-T, SXRZF-O) share price has been in freefall with news that the uranium upstart has slashed its production forecast for the second time in four months. This time presid…
Great Basin Gold ups Burnstone gold count by 41% (March 03, 2008)
VANCOUVER–An ongoing exploration program at Great Basin Gold’s (GBG-T, GBN-X) Burnstone project in South Africa has increased the site’s gold resource by 41%.
La Mancha works to gain market favour
It’s been nearly two years since a reverse takeover put Areva’s gold assets into La Mancha Resources’s (LMA-T, LACHF-O) hands (then listed on the TSX Venture Exchange) — effectively creating a gold s…