June 29, 2011 Abzu Gold options 10 Red Back Ghana concessions from Kinross Gold Corp. Abzu Gold announced Wednesday that it has entered into an agreement with Red Back Mining Ghana Limited , a wholly owned subsidiary of Kinross Gold Corporation, pursuant to which Abzu…
June 29, 2011 Gold Fields in $60m loan deal with Stanbic Ghana Stanbic Bank, a unit of South Africa's Standard Bank Group, Ghana said on Wednesday it had closed 3-year a $60 million senior revolving loan with Gold Fields' unit in the…
June 29, 2011 South Africa’s platinum producers fail to capitalize on boom times Miningmx reports on the fortunes of the South African platinum sector, the dominant global supplier where production peaked at about 5.3 million ounces in 2006, up from just over 4…
June 29, 2011 Crucial meeting on Zimbabwe’s diamond exports and $5bn stockpile ends in disarray SW Radio Africa reports the seemingly unilateral decision by the chairman of the international diamond trade watchdog to allow Zimbabwe to resume diamond exports has been rejected by among others…
June 29, 2011 Government urges Tanzanite mine to double wages to $215/month The Dar es Salaam Citizen reports Tanzanite One Mining, the dominant miner of the rare gemstone only found in the foothills of Mount Kilimanjaro, has been ordered to increase the…
June 29, 2011 FLSmidth to supply equipment for copper mine in Zambia FLSmidth has received a contract worth approximately USD 50m (approximately DKK 260m) from Kalumbila Minerals Ltd., a wholly owned subsidiary of First Quantum Minerals Ltd. for the supply of equipment…
June 29, 2011 South Africa mines nationalization talk may cut output Bloomberg reports South Africa risks cutting the mine output that contributes 8.8% of the economy as calls from within the governing political party for a state takeover of the industry…
June 29, 2011 FL Smidth gets mill order for FQM’s major Sentinel copper project in Zambia An announced order for milling equipment for First Quantum's big Sentinel copper project in Zambia suggests a decision to go ahead with the project has already been taken. FLSmidth has…
June 29, 2011 Sundance shortlists partners for $4.6B iron ore project MELBOURNE (Reuters) - Sundance Resources has shortlisted potential partners for its $4.6 billion iron ore project in West Africa, it said on Wednesday, sending its shares up as much as…
June 28, 2011 Cassidy acquires exploitation permit for Kouroussa Gold Project, Guinea, West Africa Cassidy Gold Corp. recently received an exploitation permit covering all gold resources identified to-date at the company's 100% owned Kouroussa Gold Project located in Guinea, West Africa. This permit runs…
CHART: Friday massacre for mining stocks but copper price pulls out of nosedive Historic down day for gold and silver prices caused double digit losses for precious metals stocks but copper miners came off relatively lightly. January 30, 2026 | 06:21 pm