Africa

All systems go for Roxgold's Yaramoko mine 

Source: Print Archives | 2014-08-27
It took just three months for authorities in Burkina Faso to approve the environmental and social impact assessment Roxgold (TSX: ROG; US-OTC: ROG) submitted for its Yaramoko gold project in the country’s Houndé greenstone belt,...

US stocks advance, Aug. 18-22  

Source: Print Archives | 2014-08-27
U.S. equities had a strong run during the Aug. 18–22 week. The Dow Jones Industrial Average jumped 338 points to 17,001.22. The S&P 500 Index rose 33 points to 1,988.40, while the tech-heavy Nasdaq Composite Index climbed 74 points to...

Banro finds 'relief' in new financing plan  

Source: Print Archives | 2014-08-27
Banro (TSX: BAA; NYSE-MKT: BAA) has crafted a large financing plan to improve its liquidity and ability to bring Namoya, its second gold mine in the Democratic Republic of the Congo (DRC), to full production. The plan includes a US$35.5...

True Gold's Karma gold mine fully funded to production  

Source: Print Archives | 2014-08-20
Over the last year True Gold Mining (TSXV: TGM; US-OTC: RVREF) has reviewed and negotiated more than a dozen term sheets from traditional and alternative funding sources for its Karma gold project in Burkina Faso.

BHP plans spinoff to focus on 'four pillars' 

Source: Print Archives | 2014-08-20
With a spinoff of its aluminum, manganese, nickel, silver and some of its non-core coal assets, BHP Billiton (LSE: BLT; ASX: BHP; NYSE: BHP) is  driving to simplify its portfolio.

US stocks climb, Aug. 11-15  

Source: Print Archives | 2014-08-20
It was a good week for U.S. equities. The Dow Jones Industrial Average advanced 109 points to 16,662.91, while the broader S&P 500 Index jumped 23 points to 1,955.06. The tech-heavy Nasdaq Composite Index added 94 points to 4,464.93.

Semafo benefits from high-grade pits at Mana 

Source: Print Archives | 2014-08-20
VANCOUVER — When West Africa-focused Semafo (TSX: SMF; US-OTC: SEMFF) relocated most of the mining fleet to new mining ares at its flagship Mana gold mine, the company knew it would have to weather a less-productive transition...

Problems at Ambatovy hurt Sherritt's Q2 earnings 

Source: Print Archives | 2014-08-13
Sherritt International (TSX: S; US-OTC: SHERF) reported a $30.1-million net loss in the second quarter, largely due to its Ambatovy joint-venture nickel–cobalt project in Madagascar, where it reduced the project’s annual...

West African charts path to low-cost gold production 

Source: Print Archives | 2014-08-13
VANCOUVER — In the six months since it acquired the Tanlouka gold project in Burkina Faso, West African Resources (TSXV: WAF) has drilled 124 holes, updated the resource, tested Mankanga’s metallurgy and shown that a US$44-million...

Asanko approves gold mine construction in Ghana 

Source: Print Archives | 2014-08-06
Asanko Gold’s  directors (TSX: AKG; NYSE: AKG) have given management the green light to build the first phase of the Asanko gold mine in Ghana for US$295 million, and the company expects to break ground within a month.

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