Africa

TSX closes higher, Feb. 23-27

Canada’s main stock index climbed as mining stocks rose on the back of higher commodity prices ahead of the annual Prospectors & Developers Association of Canada convention in Toronto. The four-day event started on March 1 and should…


Drillers at Pinecrest Resources' Enchi gold project in southwestern Ghana. Credit: Pinecrest Resouces

Pinecrest builds momentum at Enchi with maiden PEA

VANCOUVER — It’s early days for junior Pinecrest Resources (TSXV: PCR) at its Enchi gold asset in southwestern Ghana, West Africa, but the company is off to a promising start. Pinecrest has just released a preliminary economic…


Loading a container with copper concentrate at Nevsun's Bisha copper-gold mine in Eritrea. Credit: Nevsun

Nevsun CEO sees next Flin Flon in Eritrea

VANCOUVER — It’s pretty evident to industry observers that producer Nevsun Resources (TSX: NSU; NYSE-MKT: NSU) is sitting on a veritable cash generator at its Bisha copper-gold operation, 150 km west of Asmara, Eritrea. The company…


Equipment in the pit at Kinross Gold's Tasiast gold mine in Mauritania. Credit:  Kinross Gold

Kinross defers Tasiast mill expansion

Kinross Gold (TSX: K; NYSE: KGC) has put its US$1.6-billion Tasiast mill expansion project on hold to keep its balance sheet intact in the current low gold price environment, with at least one analyst thinking the firm is considering other…



A drill site at Ivanhoe Mines' Kamoa copper project in the Democratic Republic of the Congo. Credit: Ivanhoe Mines

Lateral thinking pays off for Ivanhoe at Kamoa

VANCOUVER — For the second time in just over a decade, Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) is taking home the Thayer Lindsley Award, presented by the Prospectors & Developers Association of Canada at their conference in Toronto in…


Facilities at Whitehaven Coal's Narrabri thermal coal mine in New South Wales, Australia. Credit: Whitehaven Coal

Contrarian investor Anglo Pacific picks up coal royalty

Anglo Pacific Group (TSX: APY; LSE: APF) is forking over US$60 million in cash and US$5 million in shares for a royalty on Whitehaven Coal’s (US-OTC: WHITF; ASX: WHC) Narrabri thermal coal mine in Australia at a time when the price of…


Drillers at Roxgold's Yaramoko gold project in Burkina Faso. Credit: Roxgold

Roxgold lands final permit at Yaramoko

Violent protests in Burkina Faso that forced strongman Blaise Compaoré to resign his presidency of that country in November after ruling for 27 years was just one of the uncertainties Roxgold (TSXV: ROG; US-OTC: ROGFF) faced in advancing…


The processing plant at Endeavour Mining's Tabakoto gold mine in Mali. Credit: Endeavour Mining

Endeavour beats down costs, targets debt

VANCOUVER — Gold producer Endeavour Mining (TSX: EDV; US-OTC: EDVMF) should be happy with its results over the past year. The company has dropped its all-in sustaining costs, brought a new project online and hit a gold production record.


James Kindon, ENRC group compliance officer.

Mining industry revisits anti-corruption procedures

Mining companies should take note of Canada’s stricter penalties and more aggressive enforcement of anti-corruption laws and make sure their anti-bribery compliance procedures are up to speed, lawyers, forensic accountants and mining…


Paladin Energy's 75%-owned Langer Heinrich uranium mine in western Nambia's Namib desert. Credit: Paladin Energy

Paladin gets PE from Asia

Like most uranium companies last year, Paladin Energy (TSX: PDN; ASX: PDN) struggled with tough markets and low commodity prices.



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