June 23, 2011 WGC launches initiative to combat conflict gold The World Gold Council (WGC) produced a draft framework of standards designed to combat gold that enables, fuels or finances armed conflict. The standards, which were compiled together with the…
June 23, 2011 Perseus completes US$85M drawdown for Central Ashanti Gold Project Perseus Mining Limited (ASX/TSX: PRU) is pleased to announce that the US$85 million Project Finance Facility provided to Perseus’s 90%-owned subsidiary, Central Ashanti Gold Limited (“CAGL”), by Macquarie Bank Limited…
June 22, 2011 Vale to build coal-to-liquid plant in Mozambique The Brazilian mining company Vale is to enter into a partnership with the Portuguese company SGC Energia to build an industrial unit to convert coal into liquid fuel in Moatize…
June 22, 2011 Botswana Diamonds chairman increases stake to over 9% Entrepreneur John Teeling has increased his holding in Botswana Diamonds - the Southern and Central Africa focused diamond and precious metal exploration company. Teeling, who is the Chairman of Botswana…
June 22, 2011 IAMGOLD Increases Dividend by 150% and Provides Update for Q2 2011 "Cost inflation has been experienced at all operations," continued Mr. Stothart. "The industry is experiencing higher costs for fuel, consumables and labour in all regions this year, as well as…
June 22, 2011 Resource Star Livingstonia uranium project resource update Resource Star Limited has completed an independent update of the Mineral Resource Estimate for the Livingstonia Uranium Project in Malawi, south-eastern Africa. Increases in both tonnes and grade are based…
June 22, 2011 FLSmidth wins large cement project in Nigeria Company Announcement to the Danish Financial Supervisory Authority No. 13-2011, 22 June 2011. FLSmidth has received an order from the Nigerian company, BUA International Limited, to supply a complete 6,000…
June 22, 2011 Red Rock says the Jupiter Mine Project clears a hurdle REE Investor reported that Red Rock Resources (LON:RRR) has overcome a large obstacle regarding its mining rights for the Tshipi manganese mine. The market news is quoted as saying: ‘This…
June 22, 2011 Desert Gold to acquire TransAfrika Belgique S.A. Desert Gold Ventures Inc. (TSX VENTURE:DAU)(OTCQX:DAUGF) has entered into a definitive sale of shares agreement with TransAfrika Resources Cyprus Limited, a Cypriot company, pursuant to which Desert Gold has agreed…
June 21, 2011 Zambia scoffs at Zimbabwe and South Africa mine nationalization schemes On Tuesday Zambia's Finance Minister mocked Zimbabwe and South Africa for planning to forcibly raise government stakes in foreign mines, saying "the Zambian miner in 1970s was a happier miner…
South32 HY profit beats estimates, trims production view for Brazil operations Its underlying earnings attributable was $435 million for the half-year ended December 31. February 11, 2026 | 02:29 pm