TNM Drill Down: Top gold assays of the week July 14-22
Welcome to our new weekly feature, TNM Drill Down, focusing on the top gold assays of the past week. Assays are ranked by gold grade x width, as identified by our…
Africa
Gemfields on alert as insurgent attacks creep closer to Mozambique ruby mine
Africa-focused Gemfields (LSE: GEM; JSE: GML) warned on Wednesday that insurgents attacks are edging closer to its ruby mine in Mozambique’s northern Cabo Delgado province but said operations had not been…
TSX Venture falls during July 11-15 trading week
Over the July 11-15 trading week, the S&P/TSX Venture Composite Index fell 21.95 points or 3.7% to end at 584.43. Shares of IsoEnergy rose 21¢ to $3.03 during the trading…
Gold Fields unlikely to further sweeten Yamana deal: CEO
South African miner Gold Fields (NYSE: GFI; JSE: GFI) trusts that Yamana Gold’s (TSX: YRI; NYSE: AUY) shareholders will back its planned US$6.7-billion takeover of the Canadian gold miner. The…
Anglo American, Nippon Steel to work on low-carbon steelmaking
Anglo American (LSE: AAL) and Japan’s Nippon Steel have joined forces to develop solutions for lower-carbon steelmaking, a process responsible for up to 9% of global greenhouse emissions. The companies…
Gold Fields offers higher dividends to win Yamana deal backing
South African miner Gold Fields (NYSE: GFI; JSE: GFI) promised an improved dividend policy and a Toronto Stock Exchange listing in a bid to win shareholders who have expressed reservations…
Northern Graphite completes PEA on Namibian operation; forecasts restart by mid-2023
Just two months after closing its acquisition of the Okanjande graphite deposit and Okorusu processing plant in Namibia, Northern Graphite (TSXV: NGC; US-OTC: NGPHF) has completed a preliminary economic assessment…
Aya completes design for processing plant at Zgounder
Aya Gold & Silver (TSX: AYA; US-OTC: AYASF) has reached the first milestone in its proposed expansion of the Zgounder silver mine operations in Morocco: the completion of front-end engineering design…
Asante pours first gold at Bibiani mine in Ghana
Asante Gold (TSXV: ASE) has poured first gold at its Bibiani gold mine in Ghana. The mine is expected to produce 175,000 ounces of the precious metal over the next 12 months….
Centamin shares jump on potential Sukari mine extensions
Centamin (TSX: CEE; LSE: CEY) said on Thursday that exploration around its flagship Sukari gold mine in Egypt has allowed it to identify the potential for a satellite open pit…
Mkango feasibility for Songwe Hill rare earth project pegs capex at US$277M, post-tax NPV at US$559M
Africa-focused rare earths explorer Mkango Resources (TSXV: MKA) has reached a major milestone with the release of a definitive feasibility study for its Songwe Hill project in Malawi. Located 90…
Petra Diamonds’ latest sale crowns ‘strong’ year
South Africa’s Petra Diamonds (LSE: PDL) said Thursday it fetched US$93 million in its last sale of fiscal year 2022, as prices for its diamonds climbed 7.7% from the previous…