Q&A: Decoding the diamond market
With a dismal 2015 in the rear-view mirror, the first half of 2016 saw surprisingly strong demand for rough diamonds. However, with new production coming online from several mines in…
Africa
Endeavour Mining says Ity may emerge as ‘flagship asset’
VANCOUVER — Endeavour Mining (TSX: EDV) is confident enough in its Ity gold mine in Côte d’Ivoire, West Africa, to start expansion next year. Recent exploration success, however, hints that the…
Lucara sees a strong finish to 2016
Lucara Diamond’s (TSX: LUC) third-quarter earnings slumped partly due to the timing of its sales, but it expects to catch up in the fourth quarter. Lucara — the operator of…
Editorial: The Clintons, Morocco and OCP
The usually low-profile mining industry first popped up in the high-stakes U.S. 2016 presidential election campaign a couple of years ago, with the New York Times’ revelations of former U.S….
Nevsun CEO talks Timok and future at Bisha
VANCOUVER — It’s been a busy year for Nevsun Resources (TSX: NSU; NYSE-MKT: NSU) headlined by the US$440-million cash-and-share purchase of junior Reservoir Minerals and its stake in the emerging…
Mariana Resources acquires first African project
Mariana Resources (TSX: MRY) is on the verge of releasing a preliminary economic assessment of its Hot Maden joint-venture gold-copper project in Turkey and gearing up for a mid-year field…
New execs hope to turn around Luna Gold
The team that put the Karma gold mine into production in Burkina Faso for True Gold before the junior was acquired by Endeavour Mining (TSX: EDV; US-OTC: EDVVF) for $240…
Kamoa is the largest copper find in Africa, Ivanhoe says
An initial resource estimate for Ivanhoe Mines’ (TSX: IVN) Kakula copper deposit at its Kamoa project in the Democratic Republic of the Congo (DRC) makes the Kakula-Kamoa project the largest…
Friedland a skeptic on lithium, rare earths
Robert Friedland, a renowned mining financier and promoter, took the stage at the recent Mines and Money Americas conference in Toronto to highlight the need for platinum and copper, as…
Endeavour in a whirlwind of activity at its West African mines
VANCOUVER — It’s been a transformational year for Endeavour Mining (TSX: EDV), ever since La Mancha Holding Sarl — a private investment firm co-controlled by Egyptian billionaire Naguib Sawiris —…
Orezone cuts Bomboré 29%
VANCOUVER — Orezone Gold (TSXV: ORE; US-OTC: ORZCF) disclosed in August that more conservative engineering methods would likely drop global resources at its flagship Bomboré gold project in Burkina Faso. On…
Timely acquisitions set B2Gold on growth path
VANCOUVER — B2Gold (TSX: BTO; NYSE-MKT: BTG) is a story of savvy gold acquisitions and operational reliability in challenging jurisdictions. The company avoided writedowns and executive turnover during the most recent downcycle…