Africa


Endeavour Mining outlines ambitious five-year exploration plan

Endeavour Mining outlines ambitious five-year exploration plan

Endeavour Mining (TSX: EDV; LSE: EDV), West Africa’s top gold producer, has unveiled an ambitious five-year plan to add between 15 and 20 million indicated ounces of gold through exploration over the next five years.  The company, which began trading in London in June,…





Mick Davis walks away from Guinea vehicle he founded

Mick Davis walks away from Guinea vehicle he founded

Mining veteran Mick Davis has cut ties with Niron Metals, an investment vehicle he co-founded in 2019 to develop Guinea’s Zogota iron ore deposit, previously owned by BSG Resources (BSGR).  The former Xstrata boss, who was chair of…


Gemfields swings to profit as it reopened mines

Precious gemstones miner Gemfields (LSE: GEM; JSE: GML) has swung to a first-half net profit after it reopened mines and demand for its emeralds and rubies surged.  The company, which returned to the London Stock Exchange’s…


What’s really driving aluminium prices

The West African nation of Guinea is often referred to as the ‘Saudi Arabia’ of bauxite since it produces about 23% of the world’s supply of the commodity—second only to…




Lucara approves $514M Karowe mine expansion

Lucara Diamond (TSX: LUC) has announced that its board has formally accepted a planned underground expansion of the Karowe mine in Botswana, which is expected to extend the operation’s life for 20 years — until 2040.  The Vancouver-based…



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