It’s the kind of incident long feared since the end of apartheid in South Africa: members of the South African Police Service opened fire on striking workers at Lonmin’s Marikana platinum mine in North West province on Aug. 16,…
Technical and infrastructure challenges at Great Basin Gold’s (GBG-T, GBG-N) two principal projects hammered its revenues in the second quarter and the company says it faces a near-term liquidity crisis. A strategic review has been…
Endeavour Mining (EDV-T) plans to buy Avion Gold (AVR-T) in a $389-million all-stock deal to increase its foothold in West Africa, and expand its annual production to over 450,000 oz. gold in 2015. Endeavour will provide a US$20-million loan to…
Roxgold (ROG-V) is advancing its Yaramoko gold project in Burkina Faso, West Africa, despite lingering questions stemming from an unresolved proxy battle with a group of prominent shareholders.
VANCOUVER — Police in South Africa opened fire on striking workers at Lonmin’s (LMI-L) Marikana platinum mine Thursday, killing 34 and injuring at least 78.
Barrick Gold’s (ABX-T, ABX-N) new CEO Jamie Sokalsky has gotten straight down to business to help lift the company’s stagnating share price through a possible sale of its African unit.
Mining-giant Anglo American (AAL-L, AAUKY-O) looks to have finally secured a slice of the frenzied coal-mining push in the southern Tete province of Mozambique. Anglo had been exploring acquisition options in the area in a bid to lock down a…
In a story that reads somewhat like a 1980s spy novel, Russian gold miner Nord Gold, the nation’s third-largest gold producer, looks poised to finally gain full control of Toronto-based producer High River Gold Mines (HRG-T). What makes…
Toronto-based Sherritt International (S-T) is suffering from symptoms of the global economic slowdown, including rising cash costs and lower realized prices on production.Sherritt has tried shielding itself with its diverse portfolio —…
Though ramp-up appears to be on schedule at emerging producer Lucara Diamond’s (LUC-T, LUCRF-O) fully owned Karowe open-pit diamond mine in Botswana, markets have taken notice that the company is realizing a lower price per carat than it…
Endeavour Mining (EDV-T) plans to buy Avion Gold (AVR-T) in a $389-million deal to consolidate its position in West Africa and grow its expected gold production for 2012 by 50%.
VANCOUVER — Vancouver-based explorer Roxgold (ROG-V) continues to advance its Yaramoko gold project in Burkina Faso, West Africa, despite lingering questions stemming from an unresolved proxy battle with a group of prominent shareholders….
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