Bema investor against Kinross takeover
Vancouver — Bema Gold’s (BGO-T, BGO-N) second-largest shareholder, Tradewinds Global Investors, says it will oppose the US$3.1-billion takeover offer by Kinross Gold (K-T, KGC-N ) because it underval…
Africa
LionOre sees Selkirk feasibility
LionOre Mining International (LIM-T, LIM-A, LOR-L) is ready to move to a full feasibility study on the Selkirk nick…
Minieres du Nord shares up 24% on Tanzania drilling
As Minieres du Nord (MDN-T) gets ready to boost production at its Tulawaka open-pit gold mine in Tanzania, drill re…
Sunridge puts numbers to Eritrean massive sulphides (January 29, 2007)
Resource estimates for Sunridge Gold (SGC-V) on its Debarwa and Adi Nefas massive-sulphide projects in central …
Lonmin finishes AfriOre takeover
Lonmin’s (LMI-L) all-cash offer for AfriOre (AFO-T, AFO-L) has succeeded, attracting 94% of AfriOre’s shares.Lo…
Tiomin deals half of Kwale
Facing difficulties with meeting lenders’ conditions at its Kwale mineral sands project in southeastern Kenya, Tiom…
Egypt looks to step on to global mining stage
While the recent trend in some developing countries has been to decry foreign direct investment and increase state …
Bauxite shipments stopped as violence in Guinea grows
As the general strike in Guinea escalates in size and violence shipments of bauxite from Compagnie des Bauxites de …
African Metals options copper belt claims
Vancouver — African Metals (AFR-V, AFMCF-O) has inked an option deal on a large land position in the Katanga copper belt of southeastern Democratic Republic of the Congo (DRC).
Aberdeen finds royalty niche in high-risk countries (January 22, 2007)
While Aberdeen International (AAB-V, AABVF-O) has scored only one gold royalty project since changing directions more than a year ago, the company’s president still believes there’s a niche to be fill…
Etruscan gets high grades in Mali
Results from Etruscan Resources’ (EET-T) drill program at its Finkolo gold project in Mali sent the Halifax-based c…
Robex has big expectations for Wili-Wili gold property in Mali
With a $2-million drill campaign underway on three of its 10 gold properties in Mali, Robex Resources (RBX-V) has r…