Freeport to sell Tenke stake for US$2.7B
VANCOUVER — Freeport-McMoRan (NYSE: FCX) has been working to reduce its sky-high debt loads, and on May 9 it made the deepest cut to date. The company has agreed to sell…
Africa
Ivanhoe outlines economics for Big Zinc at Kipushi
VANCOUVER —Robert Friedland’s Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has tabled a preliminary economic assessment (PEA) for the redevelopment of the brownfield Kipushi zinc-copper project in the Democratic Republic of the…
Endeavour posts mixed Q1
Endeavour Mining (TSX: EDV) eked out a small profit in the first quarter as it increased gold production and lowered all-in sustaining costs, but missed analysts’ expectations. Net earnings for the…
Avnel sees Kalana as open pit mine
Howard Miller, executive chairman and CEO of Avnel Gold Mining (TSX: AVK), has had his fair share of success over the last 35 years. As a founding director of Nelson Resources, he…
Roxgold reports maiden resource on Bagassi South’s QV1 target
Roxgold (TSXV: ROG; US-OTC: ROGFF) expects to become a junior producer in June when it pours the first gold from its Yaramoko project in Burkina Faso. In the meantime, the…
Roxgold eyes the finish line at Yaramoko
Building a mine on time and within budget is a tough feat to pull off, but it’s something Africa-focused junior Roxgold (TSXV: ROG; US-OTC: ROGFF) is close to achieving. On April 12,…
US equities climb, April 11–15
The Dow Jones Industrial Average registered a 1.8% gain to close at 17,897.46, in its best week since March 18. The S&P 500 Index rose 1.6% to finish at 2,080.73,…
Asanko hits commercial production
This year so far has been a great one for Asanko Gold (TSX: AKG; NYSE-MKT: AKG). In January, the company kicked off first production at its namesake gold mine in…
Kinross aims to move Tasiast from liability to ‘world-class’
VANCOUVER — It’s not particularly hyperbolic to label Kinross Gold’s (TSX: K; NYSE: KGC) experience with the Tasiast gold operation in northwestern Mauritania, West Africa, a total disaster. The company has…
Denison and Friedland’s GoviEx to combine African uranium assets
Denison Mines (TSX: DML; NYSE-MKT: DNN) has taken the final step that will help it focus on its uranium assets in Canada’s Athabasca basin and in particular its flagship Wheeler…
The Northern Miner podcast – episode 4: St. Paddy’s day special
Lesley Stokes and Matthew Keevil host a jam-packed show featuring commentary by Exploration Insights’ Brent Cook, a look at B2Gold’s next mine in Mali, and a chat on rising commodity…
B2Gold locks up funding for Fekola mine in Mali
VANCOUVER — Mid-tier gold producer B2Gold (TSX: BTO; NYSE-MKT: BTG) has nailed down financing for its next expansion at the multimillion-ounce Fekola gold project in Mali. B2Gold picked up the Fekola…