February 19, 2012

Sudan exports 7.2 tonnes of gold in first 6 weeks of year

As a means of compensating for lost oil revenues following secession of South Sudan, Sudan has exported some $400 million worth of gold already this year.

February 19, 2012

Ex Equinox Minerals CEO back on African mining trail

WSJ reported that Mr Craig Williams is back in Africa with a new mining venture 7 months after steering Zambia-focused copper producer Equinox Minerals to USD 7.3 billion Canadian dollar…

February 18, 2012

Lawyers investigating Kinross Gold over non-disclosure of Tasiast gold mine low grade ore

A number of U.S. law firms are investigating Kinross over claimed non-disclosure of low grade ores at its Tasiast gold project in Mauritania to assess whether the gold miner may…

February 18, 2012

Union says Impala Platinum to rehire all strike-dismissed miners

World No. 2 platinum miner, Impala platinum is to re-instate all the workers dismissed in the recent strike at its flagship Rustenburg operations

February 17, 2012

Ethiopian Potash Corp.: More positive drill results on Danakil Project, Ethiopia

Ethiopian Potash Corp. reported a compilation of positive drilling results on its Danakil Project, Ethiopia.

February 17, 2012

Loncor Resources Reports Further High Grade Intersections at Its Makapela Prospect in DRC

Loncor Resources Inc. (the "Company" or "Loncor") (TSX VENTURE:LN)(NYSE Amex:LON) is pleased to announce further encouraging drilling results at the Company's Makapela prospect, Ngayu Gold Project, northeastern Democratic Republic of…

February 17, 2012

AngloGold reports mine death

Gold miner AngloGold Ashanti has announced the death of an employee in a fall of ground accident at Mponeng mine near Carletonville. The fall of ground, triggered by a seismic…

February 16, 2012

Sundance shares plummet on further takeover delays

Sundance Resources said Thursday approvals for its Mbalam project are only likely to come in 2 months, further delaying a $1.4bn bid by Hanlong.

February 16, 2012

3 Indian firms get diamond processing licences in Botswana

The opening of Botswana as a major diamond trading hub has opened a new window of opportunity for Indian processing companies.

February 16, 2012

Doosan Intermat range designed for Africa and Middle East

At Intermat 2012, Doosan Infracore Construction Equipment is launching new crawler excavators, wheel loaders and ADTs that is says are specially designed for Middle East and African markets. As an…