June 13, 2011

Endeavour Mining Reports Q1 2011 cash flow from mine operations of $6.6 million and on track to product 84,000 ozs in 2011

Endeavour's Youga Mine in Burkina Faso produced 20,056 ounces of gold during Q1 2011 at cash cost of $664 per ounce sold1. Endeavour reiterated its production guidance for 2011 with…

June 13, 2011

Helio makes a significant new gold-copper-silver discovery at the Gold Kop target, Damara gold project, Namibia

Helio Resource Corp. (TSX-V: HRC) is very pleased to report the first diamond drill results from the current drill programme at the Gold Kop Target, on its 100%-owned Damara Gold…

June 13, 2011

Wage talks under way for S. African gold and coal miners

South Africa's National Union of mineworkers has started negotiations with the Chamber of Mines over its 14% wage demand for gold and coal miner union members.

June 13, 2011

Essar Group plans more overseas coal, iron ore asset buys-report

Indian conglomerate Essar Groupplans to acquire more coal and iron ore assets in Indonesia,Australia and Africa as it seeks to meet robust […]

June 13, 2011

Zambia copper output down – see IM article in July

Africa’s largest copper producing nation saw output fall back over the first four months of 2011, compared with a year ago. Cobalt […]

June 12, 2011

Planned Exxaro strike off but union will show ‘no mercy’

A strike of about 7,000 workers over jobs cuts at miner Exxaro due to start on Monday has been postponed, South Africa’s […]

June 12, 2011

Guyana Frontier Reports Drilling Results from Favourable Lake Project

Guyana Frontier Mining Corp. ("Guyana Frontier", formerly known as Shoreham Resources Ltd.) is pleased to announce the results of a diamond drilling program on the Borland Lake target area at…

June 11, 2011

African mining, De Beers, BEE – Oppenheimer speaks out

De Beers chairman Nicky Oppenheimer told a Washington audience Thursday that Africa has a bright future if its leaders embrace globalization and […]

June 11, 2011

Axmin consolidates with asset sales, spin-off, to focus on Passendro gold project

Axmin Resources (TSX-V: AXM) followed a year of asset sales with a bit of spring cleaning as part of efforts to get […]

June 10, 2011

Riverstone intersects new gold zone at Karma

iverstone Resources Inc. (TSX VENTURE:RVS)(OTCQX:RVREF)(FRANKFURT:3RV) is pleased to report further results from the drill program on the company's Karma Project in Burkina Faso, West Africa (see map on website: http://www.riverstoneresources.com/i/maps/110608-100504_GG1_2_Cartoon.jpg).…