Africa

China’s Minmetals strikes again

Minmetals Resources, in which China’s state-owned Minmetals Group holds a majority stake, is flexing its muscle again with a friendly takeover offer for Anvil Mining (AVM-T), a Canadian company with a copper mine in the Democratic Republic of…


Highlights from Precious Metals Summit, Part I

Over the next to days The Northern Miner will look back at some of the stand-out presentations from the Precious Metals Summit, which took place in Vail, Colorado in mid-September. Today’s segment will look at presentations made by the chief…


Allana Potash adopts shareholder rights plan

In an effort to discourage any unsolicited and unfair takeover bids Allana Potash (AAA-T, ALLRF-O) announced yesterday that it is adopting a shareholder rights plan. But the company emphasized that while it is in talks with various strategic…


Facilities at Galane Gold's newly acquired Mupane gold mine in Botswana. Photo by Galane Gold

Iamgold sells Mupane gold mine

Iamgold (IMG-T, IAG-N) has pruned the last of its non-core assets with the recent sale of the Mupane gold mine in Botswana to Galane Gold (GG-V). 


Perseus pours first gold

Perth, Australia-based Perseus Mining (PRU-T, PRU-A) has started producing gold from its Central Ashanti gold project in Ghana’s renowned Ashanti gold belt.


Facilities at Paladin Energy's Langer Heinrich uranium mine in Namibia's Namib desert, 80 km east of the seaport of Walvis Bay. Photo by Paladin Energy

Paladin funds uranium mine expansion

Paladin Energy (PDN-T) “remains the only significant public uranium producer without a strategic investor or alliance,” making the company “a very attractive takeover target,” Canaccord Wealth Management remarked in a note to clients in late…



Difficulties of mining in Africa

Mining companies looking to do business in an African country need to be aware of the complexities they will likely face, from securing debt financing to political risks to complying with local anti-bribery laws.


Continental finding nickel in Tanzania

Continental Nickel (CNI-V) is proving that Tanzania has more than just gold to offer metal investors. The company released strong nickel results from its Nachingwea project, which is located in south eastern Tanzania, roughly 180-km west of the…


Roxgold and Riverstone hit high grade in Burkina

High grade intercepts at Roxgold (ROG-V) and Riverstone Resources (RVS-V) Yaramoko gold concession in western Burkina Faso attracted a lot of attention but did little to raise the company’s fortunes on the market. The companies released…


Nevsun hits more copper at Bisha

Vancouver – Nevsun Resources (NSU-T) has pulled numerous copper hits from an area just outside the established resource at its producing Bisha mine in Eritrea.


Midlands gets the cash for Sian

With its latest round of financing complete, Midlands Minerals (MEX-V) is set to get aggressive on its drill program in Ghana.


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