Africa


Drillers at Orca Gold’s Morondo gold project in Côte d’Ivoire. Credit: Orca Gold.

Orca drills Morondo in Côte d’Ivoire

Orca Gold (TSXV: ORG) has begun drilling its Morondo gold property in Côte d’Ivoire, as the company expands its exploration portfolio outside its flagship gold asset in Sudan. “We’ve been…


A loader at Sibanye-Stillwater’s Stillwater PGM mine in Montana. Credit: Sibanye-Stillwater.

Sibanye tables US$383M bid for Lonmin

VANCOUVER — South Africa’s Sibanye-Stillwater (NYSE: SBGL) has launched a US$383-million, all-share bid for debt-heavy peer Lonmin (LON: LMI; US-OTC: LNMIY). If the deal closes, it would be Sibanye’s fourth…



Miners overlooking the plant at the Jwaneng mine in Botswana. Credit: Debswana

Diamond market slows after strong recovery

A strong recovery followed an industry-wide diamond inventory buildup in 2014-2015 and another slide after India’s demonetization in late 2016. However, lately, the diamond industry’s momentum has begun to stall….



The Lesedi La Rona 1,109-carat diamond. Credit: Lucara Diamond

Lucara sells Lesedi La Rona diamond for US$53M

Lucara Diamond (TSX: LUC) has sold the 1,109-carat Lesedi La Rona stone recovered from its Karowe mine for US$53 million, or US$47,777 per carat. The sale, made to British jeweller…


Pit operations at Asanko Gold’s Nkran gold mine in Ghana. Credit: Asanko Gold.

Asanko cuts 2018 production guidance

Asanko Gold (TSX: AKG; NYSE-AM: AKG) is not going to meet its 2018 production guidance at its gold mine in Ghana, the company disclosed in a recent site visit presentation….


TSX rises slightly, Oct. 30-Nov. 3

Canada’s benchmark index rose 0.42% to finish the trading week at 16,020.16. The S&P/TSX Gold Mining Index and the S&P/TSX Global Gold Index posted incremental gains, rising 0.42% to 68.01…





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