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Roxgold hits more high-grade gold at Yaramoko
Starting at a depth of 6 metres, Roxgold (ROG-V) drilled 20 metres of 28.61 grams gold per tonne at the Bagassi Central target of its Yaramoko gold project in Burkina Faso. Further downhole, starting at 38 metres, a separate 11-metre…
Chinese M&A benefits from cost of capital arbitrage (May 09, 2011)
China’s mergers and acquisitions are “stepping up a notch” and with access to cheaper capital from state-owned banks, the Chinese will “continue to outbid the existing producers for assets,” predict the authors of a recent Citi Investment…
Silvore Fox attracts Chinese investor
A Chinese group that invested heavily in Tanzania-focused gold explorer Canaco Resources (CAN-V) just before Canaco discovered the Handeni gold deposit has added to its large interest in Nova Scotia explorer Silvore Fox Minerals (SFX-V).
Belo Sun adds lustre to Volta Grande (May 09, 2011)
Belo Sun (BSX-V) is beefing up resources at its Volta Grande gold project in Brazil’s Para state, with plans of completing a feasibility study by year-end.
Colossus’ best-ever intercept
Colossus Minerals (CSI-T) has cut a monster intercept from its 75%-owned Serra Pelada polymetallic project in Brazil’s Para state.
Creso eyes $43M JV with Hunter Dickinson
After completing more than 10,300 metres of drilling in the past year at its Shining Tree gold project in northeastern Ontario, Montreal-based Creso Exploration (CXT-V) has signed a preliminary joint venture (JV) agreement with the well-known…
Banro, China Gold to team up in the DRC
Just days after saying that a document regarding a possible takeover was a fake, Banro (BAA-T, BAA-X) has announced that it will team up with a Chinese major.
Semafo says it’s business as usual in Burkina Faso
Montreal-based Semafo (SMF-T) says operations at its flagship Mana gold mine in Burkina Faso have not suffered any disruptions as a result of recent military unrest across the country. In April, soldiers in several small towns and the capital…
Karnalyte sees swan in ugly duckling carnallite
Robin Phinney thought he had put a successful career as a chemical engineer behind him, but the search for the world’s next great potash deposit proved too enticing to resist.
Rockcliff intersects more copper, zinc at Lon
Rockcliff Resources’ (RCR-V) 100%-owned Lon deposit, part of the company’s 660-sq.-km Snow Lake volcanogenic massive sulphide (VMS) project in Manitoba’s Flin Flon greenstone belt, remains open in all directions and recent drill results…