Africa

Golden Star to lower costs at Wassa gold mine

Source: Daily News | 2015-03-27
Cash-strapped Golden Star Resources (TSX: GSC; NYSE-MKT: GSS) has reported positive feasibility study results on adding an underground mine to its producing Wassa open-pit gold mine in Ghana to bring down costs.

China's Zijin Mining invests in Ivanhoe  

Source: Print Archives | 2015-03-25
Fresh on the heels of its 2015 Thayer Lindsley award win for discovering the Kamoa copper deposit in the Democratic Republic of the Congo (DRC), Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has reeled in Zijin Mining as a strategic investor.

Coal sector woes expected to accelerate, experts say 

Source: Print Archives | 2015-03-25
With coal prices sitting at multi-year lows, almost 17% of coal production this year in the U.S. could be at risk of idling or closure, as total cash costs plus sustaining capital expenditures exceed current market prices, Wood Mackenzie says...

Forsys pushes Norasa uranium project to feasibility  

Source: Print Archives | 2015-03-25
Forsys Metals (TSX: FSY) has reported feasibility study results for its Norasa uranium project in the Erongo region of central-west Namibia.

Zambian royalties confound industry experts 

Source: Print Archives | 2015-03-18
Peter Leon is head of mining regulation at South African law firm Webber Wentzel and is a partner in the firm’s mining practice. The Northern Miner caught up with him a day before the Prospectors &Developers Association of Canada...

PDAC 2015: Bristow bristles at folly of gold industry 

Source: Print Archives | 2015-03-18
Each year in Toronto, at the Prospectors & Developers Association of Canada mining convention, chief executive Mark Bristow holds court at an early morning breakfast meeting for some of the industry’s top bankers, analysts and...

Pinecrest builds momentum at Enchi with maiden PEA 

Source: Print Archives | 2015-03-04
VANCOUVER — It’s early days for junior Pinecrest Resources (TSXV: PCR) at its Enchi gold asset in southwestern Ghana, West Africa, but the company is off to a promising start. Pinecrest has just released a preliminary economic...

TSX closes higher, Feb. 23-27  

Source: Print Archives | 2015-03-04
Canada’s main stock index climbed as mining stocks rose on the back of higher commodity prices ahead of the annual Prospectors & Developers Association of Canada convention in Toronto. The four-day event started on March 1 and should...

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...

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