Oromin’s Sabodala gold project shows promise
Vancouver — Stepout and deep infill drilling at the Sabodala project in Senegal continue to return strong gold grades for Oromin Explorations (OLE-V, OLEPF-O).
Africa
Riverstone hopes for big resource boost at Karma
After recent drilling doubled the length of Riverstone Resources’ (RVS-V, RVREF-O) Kao gold deposit to 600 metres, …
MDN’s focus on Tanzania is paying off with solid gold production
After South Africa and Ghana, Tanzania is Africa’s third-largest gold producer and MDN’s (MDN-T) Tulawaka gold mine…
Delta drills high-grade gold in Mali (January 15, 2008)
Vancouver – Drilling by Delta Exploration (DEV-V, DEVDF-O) has turned up a couple of new gold discoveries on its Ma…
Zambian president proposes increased mining taxes
Vancouver – A significantly increased effective tax rate is bad news for companies interested in mining in Zambia …
Etruscan, Resolute, look beyond ‘easy oxide’
There’s no time like now for Etruscan Resources (EET-T) and Resolute Mining (RMGGF-O, RSG-A).On the heel of a 5…
Positive feasibility for Moto gold project
Vancouver — There may be a new mine on the horizon for the Democratic Republic of the Congo (DRC), as a feasibility study gave a green light to Moto Goldmines’ (MGL-T, MTOGF-O) Moto gold project.
Nachingwea results lift Continental
Vancouver — Assay results from the company’s first seven holes into the Nachingwea nickel sulphide project, in Tanzania, moved 5-month-old Continental Nickel (CNI-V) up 164% in recent trading.
Extract joins uranium stampede in Namibia
SITE VISIT Swakopmund, Namibia — The high-pitched wail from the handheld spectrometer intensifies as the geologist creeps across the dry, rocky terrain of Extract Resources’ (EXT-T, EXT-A) Husab uranium project…
Canaf eyes DRC diamond miner (December 24, 2007)
Vancouver — Canaf Group (CAF-V) is planning to gain a toehold in the Democratic Republic of the Congo’s (DRC) diamond sector through a majority interest in a private Congolese mining company.
First Quantum ups interest in Equinox to 17%
First Quantum Minerals (FM-T, FQM-L) is quietly buying up shares of fellow copper miner Equinox Minerals (EQN-T, EQXMF-O) for “investment purposes,” it says.
First Uranium starts plant construction
Capital costs for First Uranium’s (FIU-T) Buffelsfontein gold-uranium tailings recovery project in South Africa hav…