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…
Africa
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.
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.
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…