Big diamond makes up for production slow-down for Rockwell
A single diamond sold for US$10.3 million made up the bulk of Rockwell Diamonds’ (RDI-T, RDI-J, RDIAF-O) revenue ov…
Africa
CIC Energy buys back shares, advances Mmamabula
CIC Energy (ELC-T, CIEGF-o) is planning to buy back up to 5% or 2.7 million of its outstanding shares on the open market in a bid to boost its stock, which the company says is undervalued.
SearchGold starts small with Gabon JV
SearchGold Resources (RSG-v) has received a mining permit for its 36%-owned Bakoudou-Magnima gold project in Gabon, a joint venture with Moroccan company Managem.
Gem Diamonds recovers 478-carat stone at Letseng
Vancouver — For the third time in as many years, Gem Diamonds (GEMD-l) has recovered a diamond from its Letseng mine, in Lesotho, big enough to take a place on the list of the 20 largest rough diamon…
The path to development in Eritrea
Vancouver — The bomb dropped on Sept. 2, 2004, when mineral exploration and mine development companies in Eritrea received letters from the Eritrean government commanding them to halt operations. Mos…
Rockwell snubs Pala bid
Vancouver — South African alluvial producer Rockwell Diamonds (RDI-T, RDIAF-o) is fighting off a hostile takeover offer from its largest shareholder, a private equity firm based in the Channel Island…
Waiting for DRC mining review
Investors and onlookers alike will have to hold their collective breath a little longer as the completion of the mi…
SearchGold moves toward production in Gabon
SearchGold Resources (RSG-V) has received two mining titles for its Bakoudou-Magnima gold project in Gabon, which i…
Gem Diamonds recovers 478-carat white diamond Letseng
Vancouver – For the third time in as many years Gem Diamonds (GEMD-L) has recovered a diamond from its Letseng mine…
Rockwell calls Pala takeover bid “inadequate and opportunistic”
Vancouver – South African alluvial producer Rockwell Diamonds (RDI-T) is fighting off a hostile takeover offer from…
Editorial: Gold juniors thwacked
Crumbling faith in U. S. credit markets loomed large over the wider markets during week ended Sept. 13, the 37th trading week of 2008.
Freeport McMoRan a ‘buy’ for Citibank
Despite concerns that the government of the Democratic Republic of the Congo (DRC) will take more cash and a greater share of the massive Tenke Fungurume project, Freeport-McMoRan Copper & Gold’s …