Allied Gold inks decade-long deal with Mali junta
Allied Gold (TSX: AAUC) has signed a preliminary agreement with Mali for a 10-year permit on its Sadiola mine and production from the nearby Diba deposit while the military government…
Resolute Mining
Panthera Resources overhauls project ownership in Mali and Nigeria
Africa-focused Panthera Resources (AIM:PAT) is reshuffling its ownership stakes in three mining projects in Nigeria and one in Mali to increase its exposure to gold. The company said on Tuesday…
Barrick’s Mali mine feeds Russian war machine, advocacy group says
Barrick Gold (TSX: ABX; NYSE: GOLD) faced criticism outside its annual general meeting on Tuesday in Toronto for supporting Malian rulers with ties to Russia. The operator of the Loulo-Gounkoto…
Ex-Yamana CEO Marrone leads Allied in Africa in search of investor ‘torque’
Peter Marrone, who led Yamana Gold in Canada from a small producer two decades ago to a US$4.8 billion sale this year, is seeking faster returns in conflict-plagued Mali and…
Resolute Mining grows resource to 3M ounces at Syama North in Mali
Resolute Mining (ASX: RSG; LSE: RSG) has updated its resource estimate for Syama North—an area adjacent to the Syama processing complex and its Syama underground gold mine in Mali. The…
Asante Gold starts Bibiani mine processing plant
Canada’s Asante Gold (TSXV: ASE; US-OTC: ASGOF) has begun operations of the processing plant and associated equipment at its Bibiani gold mine in Ghana. The gold exploration and development company plans to…
Kinross sells Chirano gold mine in Ghana to Asante in $225M deal
Kinross Gold (TSX: K; NYSE: KGC) is selling its 90% interest in the Chirano mine in Ghana to fellow Canadian Asante Gold (CSE: ASE) in a cash and shares deal…
Resolute Mining ups Mali gold project resource estimate by 40%
Resolute Mining (ASX: RSG; LSE: RSG) has increased the measured and indicated resource estimate for its Tabakoroni gold deposit in Mali by 40%. The Western Australia-based miner said the asset,…
Perseus Mining secures key stakes in two African gold assets
Perseus Mining (TSX: PRU; ASX: PRU) has struck a deal to acquire a 15% stake in Canadian junior Orca Gold (TSX: ORG) from Resolute Mining (ASX: RSG), which will give…
Ghana backs Chifeng Jilong Gold Mining’s acquisition of Wassa mine
China’s Chifeng Jilong Gold Mining has received Ghana’s approval to proceed with the acquisition of Golden Star Resources (TSX: GSC), which owns 90% of the Wassa gold mine in the country’s southwest,…
Asante Gold to start producing at Bibiani in 2022
Asante Gold (TSXV: ASE), a pure gold exploration and development company, has updated its timeline to restart its newly added, past-producing Bibiani gold mine in Ghana. The Vancouver-based company, which…
Asante Gold outlines plan to fast-track Bibiani to production
Asante Gold (TSXV: ASE), a pure gold exploration and development company, has outlined plans to fast-track its newly added, past-producing Bibiani gold mine in Ghana into production. The Vancouver-based company, which completed the…