Volta more than doubles Kiaka gold resource
Work at Volta Resources’ (VTR-T) Kiaka gold project in Burkina Faso has been anything but idle as of late.
Africa
Work disruptions continue on South Africa’s Bushveld
Vancouver – Disgruntled employees have once again disrupted operations on South Africa’s Bushveld Complex, with Platmin (PPN-T) the latest target.
Mukuba Resources options land next to Tenke-Fungurume
At just 19.5¢ a share and with about 57.4 million shares outstanding, Mukuba Resources (MKU-V) may have slipped under the radar screen of many investors. But a recent option and joint-venture agreement on a tenement adjacent to the…
First Quantum contemplates Zambian smelter
With concerns mounting about Zambia’s smelting capacity, First Quantum Minerals (FM-T, FQM-L) is evaluating whether the time has come to build and operate a copper smelter. A decision will be made before the end of the year.
Iamgold completes sale of Tarkwa and Damang stake
Flush with US$667 million in cash from the sale of its 18.9% stake in the Tarkwa and Damang projects in Ghana to Gold Fields (GFI-N), Iamgold (IMG-T, IAG-N) could be on the lookout for other acquisitions in West Africa, Canaccord Wealth…
Banro raises $80K for Congolese hospital
The Banro Foundation, a charity created by Canadian gold miner Banro (BAA-T, BAA-N) in the Democratic Republic of the Congo, has raised $80,000 for the Panzi Hospital in the eastern part of the country.
Riverstone drilling enriches its Karma
The latest drill results from Riverstone Resources’ (RVS-V) Karma project look to be pushing known mineralization farther south on the Gouglagou I zone and deeper on the Gouglagou II zone.
Eastplats stung by platinum price drop
A softening platinum market is taking a bite out of miners as companies face shrinking margins and production challenges, especially in South Africa’s prolific Bushveld complex, which accounts for 72% of global platinum output.The…
Abzu Gold starts drilling potential Esaase look-alike in Ghana
Vancouver – The Cardero Group’s Abzu Gold (ABS-V) has started the first round of drilling at its Golden Reef gold project in Ghana’s Asankrangwa gold belt. It plans to complete 12,000 metres of drilling using a combination of…
Avion Gold continues success in Mali
Drilling to test northwest- and northeast-trending structures at Avion Gold’s (AVR-T, AVGCF-O) Tabakoto deposit in Mali has returned some significant intercepts including 20.88 grams gold over 5.7 metres, 36.04 grams over 3 metres, and 29.04…
Allana Potash updates resource estimate in Ethiopia
An updated resource estimate based on just 40% of Allana Potash’s (AAA-V, ALLRF-O) licenced land in Ethiopia is better than the company had initially expected.
Orezone Gold drilling boosts Bombore’s size, gold grades
Infill drilling at Bombore, the largest undeveloped gold project in Burkina Faso, has yielded positive results with grades about 65% higher than the resource model, Orezone Gold (ORE-T) reports.