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….
Africa
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…
Adastra sticks to its guns
Adastra Minerals (AAA-T, AAA-L) continues to thumb its nose at the hostile advances of First Quantum Minerals (FM-T…
Warm words from Zimbabwe’s mining minister belie questionable plan
By all accounts, Amos Midzi, Zimbabwe’s minister of mines, is a mild-mannered soul.Throughout his recent half-h…
Orezone pins estimate on Sega (March 22, 2006)
Ottawa-based junior Orezone Resources (OZN-T, OZN-A) now has a resource estimate for its Sega gold project in north…
ZCCM invests US$30 million in Equinox
State-owned Zambia Consolidated Copper Mines’ 86.6%-owned subsidiary ZCCM Investments Holdings has agreed to subscr…
First Quantum sweetens Adastra bid (March 20, 2006)
It took more than two months of steadfast protestations of opportunism and inadequacy by Adastra Minerals (AAA-T, A…
Risk assessment gets revamped
Miners and lenders have a long-standing, and for the most part, mutually beneficial relationship. But according…
Xstrata posts Las Bambas resource (March 20, 2006)
Drilling through to year-end at the Las Bambas copper-molybdenum deposit in Peru has allowed Xstrata (XSRAF-O, XTA-L) to calculate a resource….
Harmony grabs piece of South Deep
Perennial shopper Harmony Gold Mining (HMY-N) has taken a 29.2% stake in fellow South African miner Western Areas (WARSF-O, WARA-J), co-owner of the South Deep underg…
UPDATE: Golden Star delays and sells
Golden Star Resources (GSC-T, GSS-X) announced a delay in financial filings and a big share sell-off on Thursday, M…