Africa

Tigray drills Terakimti prospect

Assay results from three drill holes at Tigray Resources (TIG-V) 70%-owned copper-gold-silver-zinc deposit in northern Ethiopia returned an intercept of 73.85 metres grading 3.77% copper, 1.31 grams gold per tonne, 14 grams silver per tonne and…




Canaccord: Keegan shares oversold

Keegan Resources (KGN-T, KGN-X) shares are undervalued, even considering the new tax changes proposed in Ghana, Canaccord Genuity mining analyst Nicholas Campbell argues in a research note, adding that the gold junior could be targeted by an…



La Mancha planning second life for Hassai

Vancouver – For the past six years Martin Amyot has been making an annual trek to Vancouver to try and convince investors that not only has Sudan had a gold mine in continuous operation since 1991, but also that the mine will be in operation…


Kofi results encourage Avion Gold

Drill results from the C zone of the Kofi property in Mali, West Africa show “excellent potential” for Avion Gold (AVR-T, AVGCF-O) to define a “near-surface, high grade, mineable gold deposit” says the company’s senior vice president of…


Allana Potash sketches US$796M capex for Dallol

Allana Potash (AAA-T, AAA-V) is painting a rosy picture of its Dallol potash project in Ethiopia, with a positive preliminary economic assessment (PEA) that estimates start-up costs at US$796 million. 




Keegan shares oversold, Canaccord says

Shares of Keegan Resources (KGN-T, KGN-X) are undervalued even when taking into account new tax changes proposed in Ghana, Canaccord Genuity mining analyst Nicholas Campbell argues in a research note to clients, adding that he believes the…



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