Early last month Iamgold (IMG-T, IAG-N) declared that it wanted to cut annual spending by $100 million through a combination of cost-cutting initiatives aimed at reducing mine operating costs, exploration expenditures and administrative…
During an interview in Toronto with The Northern Miner last year, Amara Mining (AMZ-T, AMA-L) chief executive Peter Spivey said the London-based company would release an updated resource estimate in the first quarter of 2013 defining a large,…
Banro (BAA-T, BAA-X) intends to secure a larger financing package of up to US$100 million to get its delayed Namoya gold project in the Maniema province of the Democratic Republic of the Congo (DRC) into production by year-end.
Endeavour Mining (EDV-T) has its own way of dealing with recent stingy market valuations for gold companies: the company puts its head down and digs.
VANCOUVER – The risk-reward tradeoff that permeates the Democratic Republic of Congo (DRC) is working out well for Tiger Resources (TGS-T, TGS-A): the Australian company has been producing copper from the first phase of its Kipoi project…
A month after PMI Gold (PMV-V) and Keegan Resources (KGN-T, KGN-X) called off their merger plans in February because it appeared unlikely that PMI Gold’s shareholders would approve the deal, drill results continue to identify anomalous gold at…
Teranga Gold (TGZ-T, TGZ-A), which has been producing gold from its Sabodala open-pit gold mine in the Republic of Senegal since March 2009, has agreed to amend its stability agreement with the government to increase the royalty rate on…
Another year, another bloody coup in Africa. This time it’s the Central African Republic that’s reeling after an assault by Seleka rebels on the presidential palace in the capital Bangui in late March left dozens dead, including 13…
VANCOUVER — It has been a busy start to the year for Saskatoon-based rare earth outfit Great Western Minerals (GWG-V) and its past-producing Steenkampskraal project, 350 km north of Cape Town, South Africa. The company kicked off 2013…
Banro (BAA-T, BAA-X) intends to secure a larger financing package of up to US$100 million to get its delayed Namoya gold project in the Maniema province of the Democratic Republic of the Congo (DRC) into production by year end.
In an interview in Toronto with The Northern Miner last year, Amara Mining (AMZ-T, AMA-L) chief executive Peter Spivey predicted the company would release an updated resource estimate defining a large mineralized sulphide deposit underlying…
Last year marked the second year of production at Nevsun Resources (NSU-T, NSU-N) 60%-owned Bisha mine in Eritrea and already its balance sheet is the envy of many companies in the industry.
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