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.
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.
Caledonia Mining (CAL-T, CMCL-L) says total gold production for 2011 more than doubled at its Blanket mine in southwestern Zimbabwe, pushing its stock up nearly 9%.
Being in a gold rich company before the rest of the world gets turned on to it can pay some handsome dividends as Orezone Gold (ORE-T) is proving in Burkina Faso.
With gold equities having underperformed for more than a year despite the gold price hitting a series of new all-time highs, many analysts have predicted a fresh wave of M&A activity for the gold sector in 2012, arguing it represents one of…
Vancouver – Haiti-focused Majescor Resources (MJX-V) has announced several encouraging copper and silver hits over two days from its 71%-owned Somine project, sending its share price upwards.
Instead of the pomp of a new mine opening, Latin American Minerals (LAT-V) dashed investors hopes of any ceremony by announcing that it was suspending operations at what was set to become Paraguay’s first modern gold mine.
Burkina Faso has recently seen more gold mining due to its relatively stable government, favourable geology, modern mining code and attractive fiscal regime.
Perth-based Perseus Mining (PRU-T, PRU-A) has brought its first West African gold mine to commercial production, pouring 35,801 oz. gold in the fourth calendar quarter of 2011 from the Edikan gold mine in Ghana.
Montreal-based Semafo’s (SMF-T, OMX-Q) three operating mines in West Africa are expected to produce a total of between 235,000 ounces of gold and 260,000 ounces of gold in 2012, according to company forecasts.
The passage of a law that allows the use of chemicals including sodium cyanide in mineral processing lifts the prospects of advancing Pan American Silver’s (PAA-T, PAS-Q) Calcatreu gold project in Argentina’s Rio Negro province.
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