Burkina’s gold hunt heats up
Burkina Faso has recently seen more gold mining due to its relatively stable government, favourable geology, modern mining code and attractive fiscal regime.
Burkina Faso has recently seen more gold mining due to its relatively stable government, favourable geology, modern mining code and attractive fiscal regime.
Montreal-based Semafo’s (SMF-T) three operating mines in West Africa are expected to produce between 235,000 oz. gold and 260,000 oz. gold on a consolidated basis in 2012 at an estimated operating cash cost of US$700 to US$750 per oz.,…
Australia-based PMI Gold (PMV-V) has outlined a 205,000-oz.-gold-per-year operation in a prefeasibility study on its Obotan gold project in Ghana.
Rockgate Capital (RGT-T) recently reported a 258% increase in the contained uranium resource in the measured and indicated category at the Falea project in Western Mali.
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Short positions outstanding at Jan. 15/12 (with changes from Dec. 31/11).
The rolling hills and purple heather of northern England’s North Yorkshire Moors are more associated with tourism these days than with the area’s long-shut iron ore mines and blast furnaces. Where mining and industrial activity once formed part…
Short positions outstanding at Jan. 15/12 (with changes from Dec. 31/11).
Advanced Explorations (AXI-V) took another step in its bid to mold itself into a significant iron ore miner in Canada’s Far North.
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Shares of Ontario-focused explorer Hudson River Minerals (HRM-V) surged on assays from its recent drill program at the Forge Lake gold property, near Wawa, Ont.
Dominican Republic-focused Unigold (UGD-V) saw its share price double on news of some impressive gold intercepts from its Neita property in the country’s northwest corner.
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