Riverstone reports wide intersects in Burkina
The results of 10 diamond drill holes at the Goulagou I deposit will allow Riverstone Resources (RVS-V) to upgrade the resource model at its flagship Karma gold project in Burkina Faso.
Africa
Endeavour takes root in West Africa’s goldfields through organic growth
VANCOUVER — Endeavour Mining (EDV-T, EVR-A) has ambitions of being the next mid-tier gold outfit. With two West African mines already in steady-state production, a third moving towards feasibility, and an aggressive US$30 million…
Platinum Group Metals scores South African mine permits
Vancouver-based developer Platinum Group Metals (PTM-T, PLG-X) is looking to fill a gap in mid-term platinum group metals (PGM) supply. And with a mining permit in hand for its Western Bushveld platinum joint venture in South Africa, the…
African Gold extends mineralization at Kobada
Northern stepout holes drilled at the Kobada gold project in southern Mali will have a positive impact on a revised resource estimate due later this year, African Gold Group(AGG-V) says.
Rio may sell its diamond assets
Rio Tinto (RIO-N) is pondering whether its diamond assets have lost their sparkle. The world’s third-largest miner has launched a strategic review of three diamond mines and one advanced diamond project to determine if they fit its…
Montero proves up phosphate play to develop rare earths
Montero Mining and Exploration (MON-V) has proven up an asset that it will likely never develop.
Avion posts record first quarter despite Malian military coup
VANCOUVER — An end to a military coup in Mali, West Africa and strong first quarter production numbers boosted Avion Gold’s (AVR-T) shares 9% or 8¢, from a six-month low of 86¢, during the April 9 trading session.
Bannerman makes headway at Etango
With a recently completed definitive feasibility study now under its belt, Bannerman Resources (BAN-T) says it can step up discussions with potential development partners and other financiers for its flagship Etango project in Namibia—one…
B2Gold ups its presence in Nicaragua
B2Gold (BTO-T) is increasing its foothold in Nicaragua by agreeing to take full ownership of two of its joint-venture gold properties, and earning into two more projects in the country.
La Mancha rises on prospect of auction
La Mancha Resources (LMA-T) is putting itself up for sale, and the market likes its chances of attracting a healthy premium.
Aureus makes history in Liberia with New Liberty
Aureus Mining (AUE-T, AUE-L) is taking big steps towards kick-starting development at its fully owned New Liberty gold project 90 km northwest of Monrovia, Liberia.
First Quantum preps Sentinel for production
First Quantum Minerals (FM-T) — which has several copper projects in its development pipeline — has a new reserve and resource estimate in hand for its Sentinel copper project in Zambia.