Shares of Keegan Resources (KGN-T, KGN-X) surged 17.8% or 54¢ to close at $3.58 on the back of a new resource estimate for its 90%-owned Esaase gold project in Ghana and confirmation that the company plans to take a more selective approach…
While Lonmin (LMI-L) has ended a bloody labour dispute at its Marikana platinum mine near Rustenburg in South Africa that left 46 dead, other miners in the country are demanding higher wages.
Great Basin Gold (GBG-T, GBG-X) continues to tumble under a delisting review by the Toronto Stock Exchange, following the market response to the company suspending its Burnstone gold mine in South Africa.
Helio Resource (HRC-V) looks to have a promising project on its hands . . . especially if it can prove up the integrity of a future pit wall.
Dundee Capital Markets has hiked its 12-month target price on Keegan Resources (KGN-T, KGN-X) by $1.50 to $5.50 per share after the West Africa-focused junior outlined ways of cutting capital costs by as much as US$246 million at its flagship…
Three years ago the area around Banro’s (BAA-T, BAA-N) Twangiza gold deposit in the Democratic Republic of the Congo had no passable roads, power, workable infrastructure or skilled mining labour. Today, the Twangiza oxide mine near the…
When Michael Goldberg of Stonecap Securities looks at Arianne Resources (DAN-V) and its phosphate project in northern Quebec he sees one thing: a takeover target.
Three months after finalizing a US$27-million deal with Cluff Gold (CFG-T) for its Sega gold project in Burkina Faso, Ottawa-based explorer Orezone Gold (ORE-T) looks to have another West African success story on its hands, with a world-class…
Three years ago the area around Banro Corp.’s (BAA-T, BAA-N) Twangiza gold deposit in the Democratic Republic of the Congo had no passable roads, power, workable infrastructure or skilled mining labour. Today the Twangiza oxide mine…
VANCOUVER — Just three months after finalizing a US$27-million deal with Cluff Gold (CLF-L, CFG-T) for its Sega gold project in Burkina Faso, Ottawa-based explorer Orezone Gold (ORE-T) looks to have another West African success story on…
Dundee Capital Markets has hiked its twelve-month target price on Keegan Resources (KGN-T) by $1.50 to $5.50 per share after the West Africa-focused junior outlined ways of cutting capital costs by as much as US$246 million at its flagship…
It looks like Barrick Gold’s (ABX-T, ABX-N) new CEO Jamie Sokalsky is getting down to business to help lift the company’s stagnating share price through a possible sale of its 73.9%-owned African gold subsidiary African…
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