September 19, 2016

Nordgold launches Bouly gold heap leach operation in Burkina Faso

According to the Feasibility Study, Bouly’s average annual production will be approximately 120 koz over a life of mine (“LOM”) of 10 years at AISC of US$730 per oz.

September 19, 2016

Goldplat appoints growth company resource specialist as new Non-Executive Chairman

Goldplat announces that Mr Matthew Robinson will be proposed as a Director at the AGM to be convened for 27 October 2016, and, subject to the approval of shareholders, he…

September 19, 2016

Petra Diamond sees shiny 2017 for the global industry

The miner is confident in the long term outlook for the diamond industry and it expects is to be cash flow positive in the second half of the current financial…

September 19, 2016

Harmony buys out Newcrest stake in Hidden Valley gold mine

Harmony Gold has been looking for new assets to meet its goal of increasing production to 1.5 million ounces over the next three years.

September 16, 2016

Joint media statement by Wesizwe Platinum Limited and Bakubung Ba Ratheo traditional leadership

Signing of the Gabonewe Housing Estate (Pty) Ltd Acquisition Framework Agreement between Bakubung Ba Ratheo (BBR) and Wesizwe Platinum Limited.

September 16, 2016

Here is why the mining sector in sub-Saharan Africa is not ready to shine

Operational challenges and regulatory uncertainty in the region will keep a lead on its resources sector until at least 2020, says BMI research.

September 15, 2016

Lundin granted second extension on bid for Freeport Congo mine stake

The company now has until Sept. 29 to bid on Freeport-McMoRan Inc's stake in the Tenke Fungurume copper and cobalt mine.

September 15, 2016

Semafo adding ounces in Burkina Faso

Montreal-based producer expects to produce more than 400,000 ounces by 2019.

September 15, 2016

Goldplat completes farm-out deal with Ashanti for Ghana gold project

Ashanti can acquire 75% of Goldplat’s majority stake in the Anumso gold project in Ghana.

September 14, 2016

Millennials gave a $25 billion shot in the arm to the diamond industry last year

De Beers, the world's biggest diamond producer, warns that many of the challenges affecting the industry last year are likely to continue over the next decade.