Africa

Commentary: African expatriate salaries continue to fall

Source: Daily News | 2015-09-03
Expatriate salary benchmarks in Africa continue to trend downward with a further 10% drop in base salaries over the past 12 months, according to research by our firm Globe 24-7, an African-specialist Human Resources consultancy.

Endeavour hits pay dirt at Agbaou 

Source: Print Archives | 2015-08-26
VANCOUVER — West Africa-focused Endeavour Mining (TSX: EDV; US-OTC: EDVMF) has been on the hunt for valuable oxide resources at its flagship Agbaou gold mine, 80 km south of Yamoussoukro, Côte d’Ivoire, and exploration results...

Strong headwinds for thermal coal 

Source: Print Archives | 2015-08-19
A year ago, South Africa’s Exxaro Resources (JSE: EXX; US-OTC: EXXAY) agreed to pay US$472 million to acquire 100% of Total’s (NYSE: TOT) South African thermal coal unit Total Coal South Africa Pty., which includes a majority...

Randgold beefs up exploration in Côte d'Ivoire 

Source: Print Archives | 2015-08-12
Randgold Resources (NASDAQ: GOLD) is stepping up its exploration in Côte d’Ivoire.

Gemfields unveils maiden ruby resource 

Source: Print Archives | 2015-08-05
It’s not every day a company in the mining sector say its project can deliver an internal rate of return (IRR) of more than 300%. But that’s what Gemfields (LSE: GEM) expects of its majority-owned Montepuez ruby deposit in...

First Quantum's Kansanshi gets mixed reviews 

Source: Print Archives | 2015-08-05
VANCOUVER — An updated technical report filed by First Quantum Minerals (TSX: FM; US-OTC: FQVLF) on its 80% owned Kansanshi copper operations, 10 km north of Solwezi, Zambia, sent analysts scrambling to lower target share prices for the...

Gold stocks that soared in 2015's H1 

Source: Print Archives | 2015-07-22
Several gold producers have registered strong share price gains during the first half of 2015, despite price pressure on the yellow metal. The spot gold price dipped 0.7% from last year’s close to end June 30 at US$1,174 per oz. It has...

TSX drops, July 6-10 

Source: Print Archives | 2015-07-15
Canada’s benchmark index tumbled 1.9% to 14,411.07 after a weak jobs report, the continuing debt crisis in Greece and a slump in China’s stock market. The S&P/TSX Capped Diversified Metals & Mining Index fell 5.5% to 630.99,...

Aston CEO outlines potential at Storm copper project 

Source: Print Archives | 2015-07-15
Despite an uphill battle in raising funds, Aston Bay Holdings’ (TSXV: BAY) founder and CEO Benjamin Cox remains upbeat on the copper potential at the junior’s Aston Bay property in Somerset Island, Nunavut. 

Kaizen to buy Pinaya in Peru 

Source: Print Archives | 2015-07-08
Kaizen Discovery

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