August 26, 2011

South Africa’s Optimum Coal confirms bid interest

South Africa's Optimum Coal Holdings confirmed on Friday it had received expressions of interest from unnamed third parties, a day after sources close to the deal said commodities trader Glencore…

August 26, 2011

Afferro files new 43-101 technical report on Putu iron ore project

Afferro Mining, the TSX-V / AIM listed exploration and development company with iron ore projects in Cameroon and Liberia, announces the filing of a technical report pursuant to National Instrument…

August 26, 2011

RBC Capital Markets appointed corporate broker to Centamin Egypt

London - This is the second announcement this week for RBC Capital Markets, who also announced on Monday that it had been appointed joint broker to African Barrick Gold. Since…

August 25, 2011

SRK opens Ghana practice

SRK Consulting has opened a practice in Ghana’s capital, Accra. This follows several decades of involvement in West Africa and will consolidate SRK’s position in the region.

August 25, 2011

Mine drilling supplier Driconeq acquires Anceriz Industries in South Africa

Sweden-based Driconeq, a leading producer of mining drilling equipment, has acquired Anceriz Industries, a prominent South African developer and manufacturer of reverse circulation mining drilling products.

August 25, 2011

The secrets of diamond mining are forever

24/7 Wall St says the global diamond mining industry may be one of the world’s best-kept secrets and diamond mining is not unlike the oil business, where about 100 massive…

August 25, 2011

South Africa’s Eskom accepts BHP coal pricing ruling

Eskom will not appeal the court ruling that it has to disclose the special pricing deal it has with mineral resources group BHP Billiton, says Eskom CEO Brian Dames.

August 25, 2011

Impala Platinum earnings leap 41% but Zimbabwe concerns linger

South Africa's Impala Platinum Holdings (Implats) said on Thursday that its headline earnings for the 2011 financial year rose 41% as it reaped the benefit of rising prices. The world's…

August 25, 2011

M and A fever to take hold in West Africa

The proposed tie-up between Australia’s Adamus Resources and Canada’s Endeavour Mining will be the first of a number of mergers and acquisitions within the crowded west African gold space, according…

August 24, 2011

Helio reports first RC drill results from the Gold Kop Target, Damara Gold Project, Namibia

Helio Resource Corp (TSX-V: HRC) is pleased to report the first results from a recently completed RC drill program on the Gold Kop target, at the Damara Gold Project in…