September 17, 2011

Africa trade blocs to meets over joint infrastructure projects

The African blocks which include Tripartite and Igad are planning to hold a three days joint high level conference in Kenya starting on September 28th 2011 to discuss ways of…

September 17, 2011

Southern Cross shares soar on Rio deal

Southern Cross Electrical Engineering shares spiked more than 8% after the company landed a preferred contractor agreement with Rio Tinto for works at Cape Lambert as part of the mining…

September 16, 2011

Big miners needn’t worry about higher royalties in Peru, juniors should

Speaking in Arequipa at Peru's premier mining conference industry executives said on Friday a drive by Peru's leftist president to raise mining royalties should not derail multibillion-dollar investments, but added…

September 16, 2011

Dale Mah: Gold companies to watch from the Yukon to Colombia

From the Yukon to Colombia, with stops in Nevada and Mexico, Dale Mah, an equity research analyst with Mackie Research, covers the map looking for exciting exploration plays.

September 16, 2011

Mbada overtakes Murowa as Zimbabwe’s biggest producer

Mbada Mines (Pvt) Ltd, which operates in Zimbabwe's Marange diamond area, is producing more than 150,000 carats a month, surpassing Rio Tinto's Murowa mine as the country's largest diamond producer,…

September 16, 2011

If Donald Trump is buying, maybe it is time to sell

After Donald Trump announced that he was accepting gold as payment for some of his properties, MarketWatch wonders if The Donald has unintentionally called a top

September 16, 2011

High grade nickel concentrates and recoveries confirmed for Nachingwea Ni-Cu JV, Tanzania

IMX Resources Limited (ASX:IXR) is pleased to announce that initial metallurgical testwork has confirmed that high grade nickel concentrates with high recoveries can be produced from the multiple Ntaka Hill…

September 16, 2011

Northern Gold Mining raises $10 million in private placement, Sprott among investors

Northern Gold Mining ("Northern Gold" or the "Company") (TSX VENTURE:NGM) is pleased to announced that it has completed a non-brokered private placement for aggregate gross proceeds of $10,870,471 subject to…

September 16, 2011

Strong stomach needed as gold’s wild gyrations continue

Gold futures returned to above $1,800 an ounce Friday as investors sought the perceived safety of the precious metal ahead of the weekend and news emanating from Europe injected a…

September 16, 2011

Mwana Africa’s Zimbabwe mine gold output tops target

Gold miner Mwana Africa's Zimbabwe mine output has risen to a monthly average of 4,500 ounces, outstripping its targeted annual production rate, company executives said on Friday