Africa

Macquarie Research cuts Kinross target price

Source: Daily News | 2014-10-31
With the gold price falling to US$1,172.90 per oz. on the afternoon of Halloween, many gold miners saw their shares slip to new 52-week lows. 

True Gold quickly develops North Kao at Karma 

Source: Print Archives | 2014-10-29
True Gold Mining (TSXV: TGM; US-OTC: RVREF) is on track to pour the first gold at its Karma project in Burkina Faso in late 2015, with the mine plan envisioning five open pits that will be developed in sequence to feed a heap-leach operation...

B2Gold wrestles with operational issues at Masbate, Limon

Source: Daily News | 2014-10-28
VANCOUVER — Producer B2Gold (TSX: BTO; NYSE-MKT: BTG) has made a name for itself through its operational acumen in tough jurisdictions, but ongoing ramp-up issues caught up to the company during the third quarter. On Oct. 28 B2Gold...

Gold output picks up at Perseus' Edikan mine 

Source: Print Archives | 2014-10-22
Perseus Mining (TSX: PRU; ASX: PRU) is cleaning up its act, and has at least one analyst taking notice.

Gold Reserve wins US$740M in 'stunning victory' against Venezuela 

Source: Print Archives | 2014-10-22
It’s taken six years and over US$20 million in legal costs, but Gold Reserve (TSX: GRZ; US-OTC: GDRZF) has won US$740.3 million in compensation for the expropriation of its Brisas gold project by the Venezuelan government. It’s one...

Iron ore price collapse claims more victims 

Source: Print Archives | 2014-10-22
Cliffs Natural Resources (NYSE: CLF) and London Mining (US-OTC: LIIGF; LSE: LOND) have become the latest casualties of falling iron ore prices, with Cliffs warning that it expects to record a US$6-billion non-cash impairment charge in the third...

Semafo amends bid for Orbis Gold

Source: Daily News | 2014-10-16
Semafo (TSX: SMF) has amended its bid for 100% of Orbis Gold (ASX: OBS) to A$0.65 per share from its proposal on Oct. 12 of between A$0.62 and A$0.65 per share in a deal now worth A$163.9 million (US$143 million).

Mkango climbs on Malawi's REE potential 

Source: Print Archives | 2014-10-15
It’s a little unusual for a Canadian junior to skip a preliminary economic assessment and proceed to the prefeasibility stage, but that strategy seems to have worked for Calgary-based Mkango Resources (TSXV: MKA), judging by the...

Ivanhoe says most locals support Platreef 

Source: Print Archives | 2014-10-15
Should Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) cranks out its estimated 785,000 oz. platinum, palladium, rhodium and gold from the Platreef project in South Africa, the underground operation 280 km northeast of Johannesburg would be...

Orbis Gold spurns Semafo's advances 

Source: Print Archives | 2014-10-15
A day after the board of directors of Orbis Gold (ASX: OBS) rejected an unsolicited all-cash takeover offer made on the Thanksgiving holiday weekend from Montreal-based Semafo (TSX: SMF; US-OTC: SEMFF), the Australian mining company released an...

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