Mugabe’s meltdown
By all accounts, Amos Midzi, Zimbabwe’s minister of mines, is a mild-mannered soul….
Africa
SouthernEra Diamonds poised for a comeback
It’s been a while since SouthernEra Diamonds’ (SDM-T, SDMFF-O) share price touched $20 — eight-and-a-half years, to be exact. Since then, its shares have fallen on hard times; in the last year, the h…
Major resource boost in the Bushveld
Vancouver — Indicated resources have almost doubled at Platinum Group Metals’ (PTM-T, PTMQF-O) Western Bushveld joint venture in South Africa….
Gold Fields to pour cash into Essakane
South African mining house Gold Fields (GFI-N, GOF-L, GOGOF-J) has budgeted US$9.3 million for exploration and prefeasibility work on the Essakane project in northeastern Burkina Faso, a joint venture…
Dundee boosts Cassidy stake
Dundee Precious Metals (DPM-T, DPMLF-O) has acquired some 3.3 million shares in Guinea-focussed explorer Cassidy Go…
First Quantum finds copper at Kibamba (March 27, 2006)
A reverse-circulation drilling program by First Quantum Minerals (FM-T, FQM-L) has intersected copper mineralizatio…
Gold Fields to pour US$9.3M into Essakane
South African mining house Gold Fields (GFI-N, GOF-L, GOGOF-J) has budgeted US$9.3 million for exploration and pre-…
Wading through troubled waters in Nigeria (March 27, 2006)
Chronic corruption, religious conflict and kidnappings of oil executives. You can forgive the average mining investor for overlooking Nigeria when scoping the globe for prospective land….
First Quantum sweetens Adastra bid (March 27, 2006)
It took more than two months of steadfast protests of opportunism and financial inadequacy by Adastra Minerals (AAA-T, AAA-L), but First Quantum Minerals (FM-T, FQVLF-O, FQM-L) has finally added a cas…
Ground claimed in Niger
Two Toronto-based juniors have signed deals with the government of Niger for exploration permits in that country’s uranium belt….
Risk Assessment changing with the times
Cape Town, South Africa — Miners and lenders have a long-standing and, for the most part, mutually beneficial relationship. But according to lawyer Nabil Khodadad, a partner at New York City-based Ch…
Bema losses mount despite record revenue and production
Vancouver Despite record annual gold production and revenue, Bema Gold (BGO-T, BGO-X) posted a 2005 net loss of U…