August 19, 2011

Copper & gold intercepts in Burkina Faso for Golden Rim (GMR)

Golden Rim Resources Ltd (ASX: GMR) today announced copper and gold intersections from the second program of reverse circulation (RC) drilling (Phase 2 Program) on its Balogo Project in Burkina…

August 19, 2011

Zimbabwe gives foreign firms empowerment ultimatum

Zimbabwe's government has given foreign firms, including mines and banks, a 14-day ultimatum to submit "acceptable" plans on how they propose to transfer majority shares to locals or risk losing…

August 19, 2011

India’s CIL starts coal mine development in Mozambique

Marking its international foray, Coal India Africana Limitada (CIAL), a wholly-owned subsidiary of Coal India Limited (CIL), would shortly start exploratory and development work at the two coal blocks in…

August 19, 2011

Congo sold mines at fraction of value

Democratic Republic of Congo's government has sold its minority stake in two confiscated copper mining projects for $30-million, well below their estimated value, according to a senior lawmaker and documents…

August 19, 2011

Production and investment forecasts in the Namibian mining industry: uranium set to overtake diamonds as Namibia’s largest foreign currency earner

Research and Markets (http://www.researchandmarkets.com/research/5cb789/production_and_inv) has announced the addition of Frost & Sullivan's new report "Production and Investment Forecasts in the Namibian Mining Industry" to their offering. This research

August 18, 2011

Newcrest wants all of billion tonne Wafi-Golpu

Mining Review reports Newcrest Mining CEO Greg Robinson told reporters on Friday it would acquire Harmony Gold Mining’s 50% stake in their massive Wafi-Golpu joint venture in Papua New Guinea…

August 18, 2011

Junior reports better than expected results at Zim and DRC projects

UK mining junior Mwana Africa reports the company has achieved better than expected results at its Freda Rebecca gold project, in Zimbabwe, and its Zani Kodo gold project, in the…

August 18, 2011

In Sierra Leone youths riot over iron ore

Police in Port Loko have confirmed that dozens of youths were arrested at the Sanda Magbolotor Port Loko district, including a Councillor and the driver of a Member of Parliament…

August 18, 2011

Fracking: Gold mine or the Karoo’s doom

"Shouldn't we at least find out what's in our own backyard before we make any decisions?" asked Maarten de Wit, head of earth stewardship science and the Africa Earth Observatory…

August 18, 2011

China wants to break grip of iron ore big three with West Africa projects

China, the world's largest consumer of iron ore, aims to develop and control resources, especially in west Africa, to gain a foothold on supply and tackle the hegemony of three…