Perseus highlights its potential in West Africa
Junior gold miner Perseus Mining (TSX: PRU; ASX: PRU) has made three positive announcements, pleasing investors, who drove the stock up nearly 30% in recent days.
Africa
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…
Mountain Province Diamonds a top pick for Salman Partners
Salman Partners’ senior analyst Raymond Goldie has upgraded Mountain Province Diamonds (TSX: MPV; NASDAQ: MDM) from a “buy” to a “top pick,” after the junior reiterated it is on track and on budget to start…
Kaizen searches for Kamoa analogues in Canada’s Far North
VANCOUVER — Kaizen Discovery (TSXV: KZD; US-OTC: CCNCF) is about to kick-start exploration for sediment-hosted copper deposits at its Coppermine project, 5 km south of the community of Kugluktuk, Nunavut.
Roxgold starts construction at Yaramoko
Roxgold (TSXV: ROG; US-OTC: ROGFF) has kicked off construction at its high-grade Yaramoko gold project in southwestern Burkina Faso, with an aim of starting production in the second quarter of 2016.
Eira Thomas focuses on value preservation at Kaminak
It’s interesting to watch Eira Thomas’ transition from the diamond space in the gold sector, now that she’s heading up Vancouver-based junior Kaminak Gold (TSXV: KAM; US-OTC: KMKGF).
Golden Star aims to go underground at Wassa
Cash-strapped Golden Star Resources (TSX: GSC; NYSE-MKT: GSS) has reported positive feasibility study results on adding an underground mine to its producing Wassa open-pit gold mine in Ghana to bring down costs.
TSX falls on higher oil, gold prices, March 23-27
Canadian stocks fell for a third straight week, following bleak U.S. economic data and rising tensions in the Middle East. Oil and gold prices spiked after Saudi Arabia and its allies launched airstrikes against Houthi rebels in Yemen, who are…
Eskom’s woes deepen as execs hits the exits
South Africa is world renowned for its exceptional mineral wealth and vast underground mining complexes, but one of the weakest links in the critical sector is national, state-owned electrical utility Eskom, whose deep operational and…
Coal sector woes expected to accelerate, experts say
With coal prices sitting at multi-year lows, almost 17% of coal production this year in the U.S. could be at risk of idling or closure, as total cash costs plus sustaining capital expenditures exceed current market prices, Wood Mackenzie says…
Forsys pushes Norasa uranium project to feasibility
Forsys Metals (TSX: FSY) has reported feasibility study results for its Norasa uranium project in the Erongo region of central-west Namibia.