Africa

Workers at Torex Gold's core shack at the El Limon Guajes project in Mexico. Credit: Torex Gold

Kidnappings highlight miners’ security risks

In the first four months of this year alone, kidnapping incidents have touched Torex Gold Resources (TSX: TGX; US-OTC: TORXF) and Goldcorp (TSX: G; NYSE: GG) in Mexico’s Guerrero state, and Pan African Minerals’ Tambao manganese…


U.S. stocks end mixed, May 18-22

Wall Street closed mixed ahead of the Memorial Day holiday, as the Federal Reserve said it would likely raise interest rates this year, if the economy continued to improve. The Dow Jones Industrial Average dipped 0.2% to 18,232.02, while the…


First Quantum Minerals' Cobre Panama copper project in Panama, 120 km west of Panama city. Credit: First Quantum Minerals

First Quantum unveils US$1.4B equity raise

First Quantum Minerals (TSX: FM; US-OTC: FQVLF) plans to raise US$1.4 billion through a public offering — increasing the company’s outstanding shares to 689 million.


A box cut under construction for the first access declines to the planned underground copper mine at Kamoa in the Democratic Republic of the Congo. Ivanhoe Mines has sold almost half its stake in the project to Zijin Mining Group. Credit: Ivanhoe Mines

China’s Zijin Mining buys into Barrick, Ivanhoe assets

Just a week after Vale (NYSE: VALE) unveiled a memorandum of understanding with one of China’s largest commercial banks for financing arrangements worth up to US$4 billion, Zijin Mining Group of southern Fujian province has agreed to…


Orezone Gold's Bombor gold project at sunset, 85 km east of Ouagadougou, Burkina Faso. Credit: Orezone Gold

Orezone outlines hybrid mine plan for Bombor

VANCOUVER — West African-focused Orezone Gold (TSX: ORE; US-OTC: ORZCF) is closing in on a development decision at its advanced-stage Bomboré gold project, 85 km east of Ouagadougou, Burkina Faso. Orezone took a step towards a 2018…


U.S. stocks drop, April 27-May 1

U.S. equities fell  after being tripped up by  soft economic data. The Dow Jones Industrial Average lost 56.08 points to 18,024.06, and the S&P 500 Index slipped 9.4 points to 2,108.29. The Nasdaq retreated 86.69 points to…






Peregine Diamonds and Diamexstrat Botswana personnel in the field in Botswana, from left: Mike Shaw, Gerard de La Valle Poussin, Tom Peregoodoff, Herman Grtter and Barry Bayly.  Photo by Andr Fourie.

Peregrine Diamonds teams up with old Africa hands in Botswana

In its first meaningful venture in diamond exploration outside of North America, Peregrine Diamonds (TSX: PGD) expects to drill kimberlite targets in Botswana before year-end, thanks to the wisdom of three exploration geologists whose previous…


TSX retreats, April 13-17

Canada’s benchmark index fell on renewed concern over Greece’s debt and China’s new trading regulations. The S&P/TSX Composite Index slipped 28 points, or 0.2%, to 15,360.55, while the S&P/TSX Capped Diversified Metals…


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close