Africa

Pinecrest builds momentum at Enchi with maiden PEA

Source: Daily News | 2015-03-03
VANCOUVER — It’s early days for junior Pinecrest Resources (TSXV: PCR) at its Enchi gold asset in southwestern Ghaha, West Africa, but the company is off to a promising start. Pinecrest released a preliminary economic assessment...

TSX closes higher, Feb. 23-27

Source: Daily News | 2015-03-01
Canada’s main stock index climbed as mining stocks rose on the back of higher commodity prices ahead of the annual Prospectors and Developers Association of Canada (PDAC) convention in Toronto. The four-day event started March 1 and...

Sandstorm to scoop up Gold Royalties in $5.7M all-share deal 

Source: Print Archives | 2015-02-25
VANCOUVER — Streaming and royalty outfit Sandstorm Gold (TSX: SSL; NYSE-MKT: SAND) has been on a bit of a dealmaking tear to start the year. The company locked down 10 new royalty agreements in West Africa and Nevada, and on Feb. 18 it...

Kinross defers Tasiast mill expansion 

Source: Print Archives | 2015-02-25
Kinross Gold (TSX: K; NYSE: KGC) has put its US$1.6-billion Tasiast mill expansion project on hold to keep its balance sheet intact in the current low gold price environment, with at least one analyst thinking the firm is considering other...

Lateral thinking pays off for Ivanhoe at Kamoa 

Source: Print Archives | 2015-02-25
VANCOUVER — For the second time in just over a decade, Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) is taking home the Thayer Lindsley Award, presented by the Prospectors & Developers Association of Canada at their conference in Toronto in...

Nevsun CEO sees next Flin Flon in Eritrea 

Source: Print Archives | 2015-02-25
VANCOUVER — It’s pretty evident to industry observers that producer Nevsun Resources (TSX: NSU; NYSE-MKT: NSU) is sitting on a veritable cash generator at its Bisha copper-gold operation, 150 km west of Asmara, Eritrea. The company...

Contrarian investor Anglo Pacific picks up coal royalty 

Source: Print Archives | 2015-02-18
Anglo Pacific Group (TSX: APY; LSE: APF) is forking over US$60 million in cash and US$5 million in shares for a royalty on Whitehaven Coal’s (US-OTC: WHITF; ASX: WHC) Narrabri thermal coal mine in Australia at a time when the price of...

Roxgold lands final permit at Yaramoko 

Source: Print Archives | 2015-02-11
Violent protests in Burkina Faso that forced strongman Blaise Compaoré to resign his presidency of that country in November after ruling for 27 years was just one of the uncertainties Roxgold (TSXV: ROG; US-OTC: ROGFF) faced in advancing...

Endeavour beats down costs, targets debt 

Source: Print Archives | 2015-02-11
VANCOUVER — Gold producer Endeavour Mining (TSX: EDV; US-OTC: EDVMF) should be happy with its results over the past year. The company has dropped its all-in sustaining costs, brought a new project online and hit a gold production record.

Paladin gets PE from Asia 

Source: Print Archives | 2015-01-28
Like most uranium companies last year, Paladin Energy (TSX: PDN; ASX: PDN) struggled with tough markets and low commodity prices.

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