Africa Top Stories

Endeavour gets shareholder nod for Semafo merger

The combined entity would become the biggest gold miner in…

Sama Resources reports PEA for Cote d’Ivoire project

A preliminary economic assessment of the Samapleu project estimates production…

Latest Stories

Equity financings for gold companies hit four-year low

Halifax-based Metals Economics Group (MEG) published Thursday its Pipeline Activity Index (PAI), which shows equity financing conditions continue to take their toll, as gold companies were able to raise only $445 million through equity placements in May-June—the lowest two-month total since late 2008.

BHP Billiton exits Guinea

Sunday Times reports (paywall) that BHP Billiton, which is shedding its non-core operations, is looking for a buyer for its Mount Nimba iron ore project in Guinea.