Africa

Newmont leads by example

The last few weeks have been upbeat for Newmont Mining (TSX: NMC; NYSE: NEM). The has brought two of its projects into commercial production on schedule and budget: Akyem in Ghana and Phoenix Copper in Nevada. And Newmont revealed in its…


Hound looks like a winner for Endeavour

VANCOUVER — The Houndé project in Burkina Faso could be developed into a mine churning out almost 180,000 oz. gold annually for an investment of just US$315 million, according to a new feasibility study from Endeavour Mining (TSX:…


Golden Star rises on resource update, Q3 earnings

Shares of Golden Star Resources (TSX: GSC; AMEX: GSS) have gained some shine after the miner posted a third-quarter earnings beat followed by a resource update at its Wassa gold mine in Ghana.  


Pangolin explores Botswana

Botswana is the jurisdiction of choice for Pangolin Diamonds (TSXV: PAN) founder and chairman Leon Daniels. “Botswana is a great country — the geology is very good,” Daniels said in…


A 257-carat diamond from Lucara Diamond's Karowe mine, in Botswana.

Big stones from Lucara, Diamcor and Rockwell

September was a big month for big stones from Lucara Diamond (TSX: LUC), Diamcor Mining (TSXV: DMI) and Rockwell Diamonds’ (TSX: RDI) respective operations in Africa. In September, Lucara reported…


Rio Tinto to stay in the diamond business

Rio Tinto (RIO-N, RIO-L) announced in June that it will hang onto its diamond assets after all, concluding a strategic review of the business that the miner began in March…


Orezone issues paper for cash

Orezone Gold (TSX: ORE) has more money for its company coffers as it managed to raise another $5 million by issuing more equity.



Randgold's Kibali open pit gold mine in the Democratic Republic of Congo. Source: Randgold Resources

Randgold’s Bristow defies Kibali ‘skeptics’

Those who questioned the wisdom of building the Kibali gold mine in the Democratic Republic of the Congo (DRC) were mistaken, Randgold Resources’ (LSE: RRS; US-OTC: GOLD) CEO Mark Bristow declared at a media briefing in Kinshasa in…



Avocet falters ahead of ramp-up

Avocet Mining (LSE: AVM; US-OTC: AVVGF) failed to impress the market with third-quarter production results from its Inata mine in Burkina Faso.


Kinross' Dvoinoye  gold project in Russia's Chukotka region. Source: Kinross Gold

Kinross delivers Dvoinoye on budget, amidst job cuts

VANCOUVER — News is mixed for shareholders of Toronto-based producer Kinross Gold (TSX: K; NYSE: KGC), as the company pushes expansion plans while grappling with cost-cutting measures prompted by asset writedowns and weaker gold prices.


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