Etruscan, Resolute look beyond ‘easy oxide’
On the heels of a 53% increase in resources at the Finkolo gold project in western Mali, joint-venture partners Etruscan Resources (EET-T, ETRUF-O) and Resolute Mining (RMGGF-O, RSG-a) are forging ahe…
Africa
New resource for Sunridge’s Asmara
New resource estimates for two of four deposits at Sunridge Gold’s (SGC-V, SGCNF-O) Asmara project show a significant increase in size, the company says.
South African power crisis shuts down mines (February 04, 2008)
Vancouver — A nationwide energy crunch in South Africa has hit the country’s powerful mining sector hard, with major gold, platinum and diamond producers suspending operations as a precautionary meas…
EDITOR’S PICKS: TOP STORIES OF WEEK 4
The spectacular failure of South Africa’s state-owned electricity supplier, Eskom, to provide power to the nation’s industrial sector was easily the most significant event in the global mining industr…
Delta drills high-grade gold in Mali (February 04, 2008)
Vancouver — Drilling by Delta Exploration (DEV-V, DEVDF-O) has turned up some new discoveries on its Manalo gold project, in southwestern Mali.
Mano River aims to boost New Liberty gold tally
Vancouver– Mano River Resources (MNO-V, MANA-L) has begun a new round of drilling on its New Liberty gold project, in northwestern Liberia, aimed at increasing the resource.
First Quantum raises copper production 24%
Vancouver — First Quantum Minerals (FM-T, FQM-L) produced roughly 500 million lbs. (226,693 tonnes) of copper in 2007 — 24% more than the previous year — buoyed by record fourth-quarter output of a…
Investors say Tanzania a safe bet on gold
After South Africa and Ghana, Tanzania is Africa’s third-largest gold producer. That’s not a bad ranking for a country about the size of Texas.
Pan African aims to prove up Madagascar gold
Pan African Mining (PAF-V, PAFRF-O) is doing its part to build on the mining momentum taking hold of Madagascar.
Tanzanian Royalty zeroes in on Kigosi
Gold exploration in Tanzania is about to get a shot in the arm as Tanzanian Royalty Exploration (TNX-T, TRE-X) of Surrey, B.C., gears up for a $6-million drilling program aimed at its Kigosi property …
Riverstone hopes for good Karma
After recent drilling doubled the length of Riverstone Resources’ (RVS-V, RVREF-O) Kao gold deposit to 600 metres, the Burkina Faso-focused company is gearing up to find out just how large the deposit…
Rockgate defines large roll-front uranium deposit in Mali (February 04, 2008)
If Rockgate Capital (RGT-V, RCKGF-O) has its way, the West African nation of Mali will one day become as well-known for its uranium deposits as it is for being the home of the legendary city of Timbuk…