Africa

Pangolin finds more kimberlites in Botswana

In the last two months, Pangolin Diamonds (PAN-V) has discovered two of the seven new kimberlites found in Botswana over the last five years and added as a consultant Manfred Marx, a diamond geologist who led the field team that in…


Miners at Teranga Gold's Sabodala gold mine in Senegal, 650 km southeast of the capital Dakar. Source: Teranga Gold

Teranga aims to boost Sabodala with Oromin bid

VANCOUVER — Toronto-based producer Teranga Gold (TGZ-T, TGZ-A) is taking a second swing at Vancouver-based junior Oromin Explorations (OLE-T) with an all-share acquisition offer. Teranga’s target is Oromin’s 43.5% stake in the…




A man studies drill core at Aureus Mining's New Liberty project in Liberia. Source: Aureus Mining

Aureus takes a fresh look at New Liberty

Aureus Mining (AUE-T, AUE-L) has updated a definitive feasibility study for its fully permitted New Liberty gold project in northwestern Liberia, confirming promising economics for what could become the country’s first commercial…


Roxgold's Yaramoko gold project in Burkina Faso. Source: Roxgold

Roxgold advances Yaramoko

Pierre Vaillancourt of Macquarie Equities Research has initiated coverage of Roxgold (ROG-V) with an outperform rating and a 12-month target price of $1.50 per share—200% higher than its current trading price of 50¢.


Lucara sells diamonds for $25M

Lucara Diamond (LUC-T) has raked in more revenue than expected from its first special diamond sale for its Karowe diamond mine in Botswana.



Nevsun optimistic about new zone near Bisha

VANCOUVER — Drills probing the Northwest zone, a satellite zone 1.2 km from Nevsun Resources’ (NSU-T, NSU-N) operating Bisha gold mine in Eritrea, are finding high-grade gold, copper and zinc — just not all in the same place.





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