Africa-focused Hummingbird Resources (AIM: HUM) unveiled on Thursday a plan to secure up to US$32.7 million ($43.5 million) in total proceeds to fund its growth strategy, exploration activities, advance its Dugbe…
Xtra-Gold Resources (TSX: XTG; US-OTC: XTGRF) says new drill results bode well for growing the Kibi gold project in Ghana beyond the limit of a 2021 resource footprint. Crews discovered…
East Africa-focused Shanta Gold (LSE: SHG) said on Wednesday it had agreed to a £141.9 million ($239.7 million) takeover bid by Tanzania-based Saturn Resources. Under the deal, Shanta shareholders will…
Global Atomic (TSX: GLO; US-OTC: GLATF) has arranged a non-brokered private placement of 6 million units priced at $2.50 each for gross proceeds of $15 million. Regent Mercantile Holdings has…
Egypt-focused Centamin (TSX: CEE; LSE: CEY) has grown its resource and reserve base at its Sukari gold mine for the third year in a row. The company said Sukari’s reserves…
Dundee Precious Metals (TSX: DPM) is buying Osino Resources (TSXV: OSI; US-OTC: OSIIF) for $287 million in cash and shares to acquire its advanced-stage Twin Hills gold project in Namibia. The…
The price of platinum group metals (PGM) has fallen by 42% this year and could widen a supply deficit if unprofitable mines are sidelined, according to a new report by…
Bannerman Energy (ASX: BMN) said on Friday it had received the mining licence for its flagship Etango uranium project in western Namibia, Africa’s biggest producer of the ore. Bannerman said…
KoBold Metals, backed by a coalition of billionaires including Bill Gates and Jeff Bezos, has launched a four-continent search for lithium, the coveted metal used in batteries that power electric…
South Africa’s Petra Diamonds (LSE:PDL) has signed a non-binding deal to sell its loss-making Koffiefontein diamond mine in its home country to an unnamed party. Terms of the potential sale…
Barrick Gold (TSX: ABX; NYSE: GOLD) says a human rights group making allegations of forced expulsions to expand the North Mara mine in Tanzania is incorrect. Ottawa-based MiningWatch Canada contends…
Pasofino Gold (TSXV: VEIN; US-OTC: EFRGF) is now the sole owner of the Dugbe gold project in Liberia after consolidating a 100% interest from Hummingbird Resources (AIM: HUM), as the…
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