Africa

Doubling of resource creates buzz about La Mancha

Visual outcrops of sulphide can be seen at the bottom of twelve of the sixteen oxide pits that make up La Mancha Resources’  (LMA-T) Hassai mining complex in the remote desert of northern Sudan. And a new resource estimate based on…


Kilo juggles projects on several fronts

 In late January Kilo Goldmines (KGL-V) announced that its iron ore joint-venture project with Rio Tinto (RIO-N, RIO-L) in the Democratic Republic of the Congo has the potential to host direct shipping ore. In the same announcement the…


Drilling at Nevsun Resources' Bisha gold mine, 150 km west of Asmara in Eritrea. Photo by Nevsun Resources

Where did Nevsun’s gold go?

At a time of record-high gold prices Nevsun Resources (NSU-T) had the unfortunate task of announcing to the market that it has a lot less gold in its deposit than it originally believed.


Drillers in action at Orezone Gold's Bombore gold project in Burkina Faso. Photo by Orezone Gold

Orezone turns assets to cash in Burkina

Being in a gold-rich country before the mining world gets turned on to it can pay some handsome dividends, as Orezone Gold (ORE-T) is proving in Burkina Faso. 






Glencore, Xstrata to create megaminer

Commodities trader Glencore International  (GLEN-L) is looking to combine with Xstrata (XTA-L) in an all-share merger of equals, which will see the combined entity dominate the global markets for thermal coal, zinc, lead and ferrochrome,…



Great Western Minerals' Steenkampskraal REE mine in South Africa. Photo by Great Western Minerals

Great Western to get expertise from China

Over the last month Great Western Minerals Group (GWG-T) has completed a joint-venture with a Chinese company to build a rare earth separation plant near its Steenkampskraal mine in South Africa, about 350 km north of Cape Town, and…


Where did Nevsun’s gold go?

At a time of record high gold prices Nevsun Resources (NSU-T) had the unfortunate task of announcing to the market that it has a lot less gold in its deposit than it originally believed.


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