Africa



Workers with a reverse-circulation drill at Semafo’s Natougou gold project, 320 km east of Ouagadougou, Burkina Faso.  Credit: Semafo

Semafo unveils strong economics at Natougou

VANCOUVER — West African-focused producer Semafo (TSX: SMF; US-OTC: SEMFF) looks to have a top-notch asset on its hands with the Natougou gold deposit, which lies 320 km east of the capital…


Nevsun's Bisha open-pit copper-zinc mine, 150 km west of Asmara in Eritrea.

Nevsun sees bright future at Bisha

It’s a transformative year for Nevsun Resources (TSX: NSU; NYSE-MKT: NSU), as the company and its 40% joint-venture partner, Eritrean National Mining, remain on schedule and under budget to complete…


TSX posts 3.5% gain, Feb. 15-19

Canadian stocks fell on Feb. 19, snapping four days of gains, as crude oil fell below US$30 per barrel in New York. However, the S&P/TSX Composite Index posted a 3.5% weekly gain to close at 12,813.40. The S&P/TSX Global Mining Index…



TSX ends mixed, Feb. 1-5

Toronto’s S&P/TSX Composite Index slipped 0.5% to 12,763.99 after a poor jobs report, while oil prices dropped and gold prices rebounded. The S&P/TSX Global Mining Index rose 9.4% to 45.25, while the S&P/TSX Capped Diversified…


Peter Breese (left), Asanko Gold's president and CEO, and Colin Steyn, chairman, shake hands over a gold bar from the Asanko gold mine in Ghana. Credit: Asanko Gold

Asanko pours first gold in Ghana

Asanko Gold (TSX: AKG; NYSE-MKT: AKG) has started gold production at its namesake mine in Ghana, becoming the newest mine in the West African country.


TSX rises on higher oil prices, Jan. 18-22

The Toronto stock market ended in positive territory, as oil prices strengthened and investors considered possible monetary easing by central banks in Europe and Japan. The S&P/TSX Composite Index rose 2.6% to close at 12,389.58. The…


Loading a truck at Endeavour Mining's 55%-owned Ity gold mine in southern Cte d'Ivoire, 480 km northwest of Abidjan. Credit: Endeavour Mining

Endeavour, Detour exit 2015 on a high note

Endeavour Mining (TSX: EDV; US-OTC: EDVMF) and Detour Gold (TSX: DGC; US-OTC: DRGDF) — two of the gold sector’s top share-price performers last year — reported strong fourth-quarter and full-year production results in 2015…


Claude Resources' flagship  Seabee gold operation, located in northeastern Saskatchewan. Credit: Claude Resources

Top gold performers in 2015

Since the commodities downturn started four years ago, gold companies have sought ways to reduce costs and push ahead. The spot gold price ended 2015 at US$1,061 per oz., down 10% for the year and 36% since closing 2012 at US$1,664 per oz….



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