Petra Diamonds group to buy De Beers’ Cullinan mine
Vancouver — Petra Diamonds (PDMDF-O, PDL-L) is leading a group planning to buy the Cullinan diamond mine in South Africa from De Beers for 1 billion rand (US$149 million).
Africa
Diamond Fields under water in Namibia
Diamond Fields (DFI-T) and Australian-based Bonaparte Diamond Mines (BON-A) are finding more diamonds of the coast …
First Quantum acquires 17.2% of Equinox
First Quantum Minerals (FM-T, FQM-L) is quietly buying up shares of fellow copper miner Equinox Minerals (EQN-T, EQ…
Resource security high on China’s agenda
As the world’s largest consumer of mineral raw materials, it’s no surprise that China’s mining companies are following their international peers and starting to hunt for resources overseas.
Editorial: And these people are supposed to be serious
Well, the 47th trading week of 2007 brought more messages of consolidation, but ones that made us feel even more jaded than usual. And regulatory issues, forced into the light by anti-mining groups, m…
Rockgate defines large roll-front uranium deposit in Mali (November 29, 2007)
If Rockgate Capital (RGT-V, RCKGF-O) has its way, the West African nation of Mali will one day become as well-known…
Lumwana uranium potential growing for Equinox (November 26, 2007)
Vancouver — The completion of infill drilling at what will be Africa’s largest copper mine has shown definitively that the orebody also hosts discrete zones of high-grade uranium mineralization, and …
Canaf eyes DRC diamond miner (November 20, 2007)
Vancouver – Canaf Group (CAF-V, CAFZF-O) looks to gain a toe-hold in the Democratic Republic of Congo diamond busin…
Nachingwea results give Continental huge boost
Vancouver – Assay results from the companys first seven holes into the Nachingwea nickel sulphide project in Tanza…
Finkolo gold results lift Etruscan (November 19, 2007)
Vancouver — Etruscan Resources’ (EET-T, ETRUF-O) sinking share price got a little boost recently, after the company released drill results from the Finkolo gold project in Mali and announced a $35-mi…
Editorial: BHP Billiton eyes Rio Tinto in mining’s biggest-ever deal
The mining industry’s merger mania returned to the very top of the food chain during the week ended Nov. 10, the 45th trading week of 2007.
Keegan gets first gold resource from Ghana
Keegan Resources’ (KGN-V, KGNRF-O) first resource estimate for its Esaase gold property in southwest Ghana is in, and the market liked what it saw.