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…

August 24, 2011

Village Main reports fatality at Tau Lekoa

JSE-listed Village Main Reef said on Wednesday that an employee was killed in a fall of ground incident at its Tau Lekoa gold mine, in the North West province. The…

August 24, 2011

Paladin secures US uranium contracts for ‘low to mid-$60s’

Australia's Paladin Energy has signed three new uranium sale agreements with US customers for output from the stage 3 expansion of the Langer Heinrich mine in the Namib desert (pictured).

August 24, 2011

Blackthorn Resources hits high grade silver at Perkoa Zinc Project

Blackthorn Resources recently announced it has intersected high-grade silver mineralisation in all of the first three holes completed at the Perkoa JV Project in Burkina Faso, West Africa.

August 24, 2011

State-owned diamond company in Ghana handed over to private investor

The Ghana government handed over state-owned Ghana Consolidated Diamonds (GCD) to a new investor, Great Consolidated Diamond Ghana Ltd (GCDGL), at a ceremony held on Tuesday in Akwatia, 80 km…

August 23, 2011

Gold Fields closes four percent down as gold skids

Shares in South Africa's Gold Fields, the world's fourth-largest gold producer, fell over four percent on Tuesday in its biggest one-day drop in 18 months as bullion's latest rally looked…

August 23, 2011

African Minerals increases capacity of Tonkolili iron ore project

London-listed Africa-focused mining giant African Minerals Ltd has announced that the operating capacity of Tonkolili iron ore mine in Sierra Leone has increased from 12 million mt per year to…

August 23, 2011

Goldplat flags “significant” hike in operating profits

Goldplat ( LON:GDP ) put out a very encouraging update saying its two gold recovery operations have been performing strongly and that it expects to post a “significant increase’ in…

August 23, 2011

Hana Mining updates drilling at copper-silver Project in Botswana

Hana Mining announced Tuesday its most recent drilling results from the completion of 13 infill diamond drill holes at the Banana Zone at its Ghanzi sediment hosted.