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.
Africa
Tanzanian Royalty ramps it up in northern Tanzania
Tanzanian Royalty Exploration (TNX-T, TRX-X) made good on its word to get things moving at its Itetemia and Luhala gold projects in northern Tanzania’s Lake Victoria goldfields.
Zambian copper mine yields lower-than-expected margins for Barrick
Half a year in, Barrick Gold’s (ABX-T, ABX-N) newly purchased Lumwana copper mine in Zambia has done little to rebut the critics who denounced Barrick’s contentious and expensive move into copper through its June 2011 takeover of…
Dividends and explanations get Kinross rolling
All is it took was a bigger dividend and a bit of explaining for Kinross Gold (K-T, KGC-N) to gather some positive winds behind its back again.
New discovery gets Volta moving upwards
A new discovery at its Kiaka Project had Volta Resources (VTR-T) riding high on the Toronto big board.
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,…
Perseus turns 1M oz. gold project into 7M oz. gold mine in Ghana
Perth-based Perseus Mining (PRU-T, PRU-A) has brought its first West African gold mine to commercial production, pouring 35,801 oz. gold from the Edikan gold mine in Ghana in the fourth calendar quarter of 2011.
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.
Patience and perseverance set to pay-off for Axmin?
Trying to build a gold mine in a sub-Saharan African country that has never had a modern mine is never an easy task. But the process seems to have been particularly arduous for Axmin (AXM-V).
Still lots to learn arounad Tasiast
With Kinross Gold’s (K-T, KGC-N) Tasiast gold project generating some negative headlines lately – to say nothing of the negative momentum of its share price – investors may be thinking that the shine is off Tasiast and gold mining in general…
Endeavour Mining set to grow following merger
Having just completed a merger with Adamus Resources in December, Australia-based Endeavour Mining (EDV-T, EVR-A) now has two producing mines in West Africa and several advanced projects in the pipeline.