Africa

A drilling crew at Papillon Resources' Fekola gold project in Mali. Credit: Papillon Resources

B2Gold to acquire Papillon Resources

Over the last six years, B2Gold (TSX: BTO; NYSE-MKT: BTG) has looked at scores of properties that it considered adding to its portfolio of assets, which includes two mines in Nicaragua, one mine in the Philippines, another under construction in…


TSX soars, June 9-13

The Toronto Stock Exchange climbed near the record high it reached six years ago, with the S&P/TSX Composite Index adding 163 points to end at 15,001.61, slightly below the record close of 15,073 set in June 2008 before the recession.




Banro's Twangiza mine, located in South Kivu province, began commercial production in September 2012 and is expected to produce 100,000 oz. gold this year. Credit: Banro

Banro faces proxy battle

Just as it’s about to bring a second gold mine in the Democratic Republic of Congo (DRC) into commercial production, Banro (TSX: BAA; NYSE-MKT: BAA) is facing a proxy battle from a dissident shareholder that claims the company is…




Palladium prices hitting new highs

A rare combination of ongoing strikes in South Africa’s platinum group metal mines combined with political tensions between Russia and Ukraine have translated into three-year highs for palladium prices in early June, resulting in one of…


A drilling team in action at Pinecrest Resources' Enchi gold project in Ghana. Credit: Pinecrest Resources

Edgewater spins out Ghanaian gold into Pinecrest

VANCOUVER — Several months ago junior Edgewater Exploration (TSXV: EDW; US-OTC: EDWZF) was hit with a permitting delay at its flagship Corcoesto gold project, 35 km southwest of the port city of La Coruna in Spain. Edgewater had been…


The field camp at GoviEx Uranium's Madaouela uranium project in Niger. Credit: GoviEx Uranium

Govind Friedland to IPO GoviEx Uranium

GoviEx Uranium has filed a prospectus for an initial public offering with the securities commissions of Ontario and British Columbia and plans to use the net proceeds to pay for environmental and social impact assessments, as well as a pilot…


A view of Rio Tinto's Simandou iron ore project in Guinea. Credit: Rio Tinto

Rio Tinto’s US$20B iron ore mine plan in Guinea

VANCOUVER — A decade after mega-miner Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) was awarded the world-class Simandou iron-ore concessions in Guinea, West Africa, it looks like the stage has been set for what would be the largest…



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