UPDATE: Golden Star delays and sells
Golden Star Resources (GSC-T, GSS-X) announced a delay in financial filings and a big share sell-off on Thursday, M…
Africa
Red Back drilling confirms Abodoabo trench results (March 13, 2006)
Vancouver — The first drill holes on Red Back Mining’s (RBI-T, RBIFF-O) Abodoabo prospect, in southwestern Ghana, are substantiating previous trench results from the gold project….
Harmony grabs South Deep stake
Harmony Gold Mining (HMY-N) has taken a 29.2% stake in fellow South African miner Western Areas, co-owner of the So…
Record Q4 and 2005 earnings for First Quantum
Vancouver – Soaring copper prices drove home the bottom line for First Quantum Minerals (FM-T, FQM-L, FQVLF-O) enro…
Wading through troubled waters in Nigeria (March 09, 2006)
Bird flu, religious conflict and kidnappings of oil executives. You can forgive the average mining investor for ove…
Northwestern, North Atlantic pick up Niger ground
Two Toronto-based juniors have signed deals with the government of Niger for exploration permits in that country’s …
Adastra advances Kolwezi
A definitive feasibility study gives a hearty thumbs-up to a 2.3-million-tonne-per-year operation at the Kolwezi co…
Odyssey tests copper-silver target at Alous
Vancouver The first hole of an ongoing drilling campaign by Odyssey Resources (ODX-V) has intersected 73 metres a…
Xstrata posts Las Bambas resource (March 01, 2006)
Drilling through to year-end at the Las Bambas copper-molybdenum deposit in Peru has allowed Xstrata (XSRAF-O, XTA-…
Moydow docks with DFI
Marine diamond miner Diamond Fields International (DFI-T, DMFDF-O) and Afro-Canadian explorer Moydow Mines Internat…
Xstrata, Rainbow make empowerment deal on coal
Swiss mining house Xstrata (XSRAF-O, XTA-L) and South African resource company African Rainbow Minerals (AGM-L, ARI…
Bema forecasts higher production costs in 2006
Vancouver – Mid-tier gold producer Bema Gold (BGO-T, BGO-X, BGO-L) expects to produce about 381,000 oz. gold from …