Golden Star boosts net reserves despite decline at Prestea
Golden Star Resources (TSX: GSC; NYSE: GSS) has increased its overall reserves by 6%, net of mining depletion. It offset a loss in reserves at its Prestea gold mine by…
Africa
B2Gold earmarks US$43M for global exploration
B2Gold (TSX: BTO; NYSE-AM: BTG) was created as a junior exploration company in 2007, and since then it has grown to become an intermediate gold producer, with five mines in…
Newmont rejects Barrick takeover, suggests Nevada JV
Barrick Gold (TSX: ABX; NYSE: GOLD) is attempting to “bite off substantially more than it can chew,” and has “a poor M&A track record,” Newmont Mining (NYSE: NEM) CEO Gary…
Alphamin nears production at Bisie in DRC
Alphamin Resources (TSXV: AFM; US-OTC: AFMJF) is nearing production at its Bisie tin project in North Kivu, a province in the eastern region of the Democratic Republic of the Congo…
Bristow seeks to build the world’s most valuable gold company
In a one hour and forty-five minute conference call on Feb. 13, barely seven weeks after the merger of Barrick Gold (TSX: ABX; NYSE: GOLD) and Randgold Resources became effective…
Golden Star boosts Father Brown inferred resource 93%
Golden Star Resources (TSX: GSC; NYSE: GSS) has boosted the inferred resource at its Father Brown gold project in Ghana 93% to 2.3 million tonnes grading 6.4 grams gold per…
Teranga Gold completes initial resource on Golden Hill
After 18 months of drilling at its Golden Hill exploration project in southwestern Burkina Faso, Teranga Gold (TSX: TGZ; US-OTC: TGCDF) has completed a maiden resource estimate. The plan is…
Katanga Q4 loss on suspended cobalt sales, higher costs
Katanga Mining (TSX: KAT; US-OTC: KATFF) lost $116 million in 2018’s fourth quarter to end the year with $13.4 million in gross profit, a result of temporary cobalt sale suspensions,…
Roxgold acquires Newcrest’s Seguila project in Cote d’Ivoire
Roxgold (TSX: ROXG; US-OTC: ROGFF) is purchasing from Newcrest Mining (ASX: NCM) a large and carefully assembled land package in Cote d’Ivoire that includes the Seguela gold project and its…
SEMAFO tables maiden resource of Bantou gold zone
SEMAFO (TSX: SMF; US-OTC: SEMFF) has tabled a maiden resource for the Bantou gold zone, located about 170 km south of its Mana gold mine in Burkina Faso, totalling 2.1…
Ivanhoe drills Kamoa-Kakula’s best intersection to date
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has drilled what it’s calling an “unprecedented” intersection in a shallow, flat lying deposit at the Kamoa North exploration area on its 397-sq.-km Kamoa-Kakula…
Endeavour beats 2018 production forecast
Endeavour Mining (TSX: EDV; US-OTC: EDVMF) produced 52% more gold in 2018 than it did in 2017, exceeding the upper end of its full-year guidance. The company produced 612,000 oz….