LionOre loosens the belt
Armed with a new US$116 million credit facility, Lionore Mining International (LIM-T, LIM-A) has launched an aggres…
Africa
Kebble’s murder raises more questions than answers
It’s pretty tough to shock South Africa’s top gold-mining executives. These people are old-school types hardened af…
Petra Diamonds and Mano River propose merger
Vancouver Though still subject to due diligence and various approvals, Petra Diamonds (PDL-A, PDL-L) plans to mer…
Golden Star grabbing St. Jude (September 27, 2005)
Vancouver – Golden Star Resources (GSC-T, GSS-X) has come to an agreement to acquire St. Jude Resources (SJD-V, STJ…
Lonmin eyes Messina minorities (September 16, 2005)
London-based platinum producer Lonmin (LMI-L) says it will offer 33 rand per share for the 8.5% stake it does not a…
Metalex to drill Angolan diamond targets
Vancouver Metalex Ventures (MTX-V) is mobilizing a drill to test magnetic anomalies believed to have potential to…
Placer Dome partner Western Areas raises South Deep funds
Vancouver – Placer Dome’s (PDG-T) South Deeps partner, Johannesburg Stock Exchange listed Western Areas, has come u…
MDN eyes Eritrean targets (August 31, 2005)
Channel sampling on the contiguous Seroa and Seroa Hill exploration licenses in Eritrea have turned up two new mine…
St. Jude boosts Hwini-Butre interest to 80%
Vancouver – St. Jude Resources (SJD-V) has served notice it intends to exercise its call option, buying out Crew Go…
Tasiast a go, Salave a question (August 22, 2005)
Rio Narcea Gold Mines (RNG-T) says it does not expect a recent coup in Mauritania to have an impact on its plan to …
AfriOre tests Witwatersrand extension
Vancouver Partners AfriOre (AFO-T) and OTC-listed Wits Basin Precious Minerals (WITM) are planning to drill a new…
Semafo takes Mana to the bank
A proposed 92,000-oz.-per-year gold operation at the Mana gold project in Burkina Faso should be profitable, accord…