Semafo sees lower grades at the Mana mine
West African gold miner Semafo (SMF-T) has unveiled a more modest guidance for 2013, primarily reflecting the lower anticipated grades at its flagship Mana mine in Burkina Faso as it wrestles higher costs.
Africa
Eritrean trials and tribulations for Nevsun
Doing business in East Africa comes with its challenges, but Nevsun Resources (NSU-T) has a robust outlook for its Bisha mine in Eritrea despite dealing with matters that miners closer to home would never encounter.
Iamgold falls 15% on higher expected costs
Iamgold (IMG-T, IAG-N) shares crumbled as the gold producer estimated higher operating costs for 2013, causing analysts to cut their targets.
Endeavour Mining rises on West African promise and production
Strong production results and a promising preliminary economic assessment had Endeavour Mining (EDV-T) shareholders feeling the love.
Ivanplats doubles vast copper resource at Kamoa in DRC
Robert Friedland’s latest venture looks to be following a familiar template. On Jan. 17, Vancouver-based Ivanplats (IVP-T) updated the resource estimate on its Kamoa copper discovery in the Democratic Republic of the Congo, boosting…
Record production lifts Paladin
Uranium miner Paladin Energy (PDN-T) picked a good time to beat production estimates.
Ivanplats doubles world-class copper resource at Kamoa
VANCOUVER — Robert Friedland’s latest Vancouver-based venture looks to be following a familiar template. On Jan. 17 Ivanplats (IVP-T) released an updated resource on its Kamoa discovery in Central Africa that boosted the project’s…
Busy days for B2Gold
B2Gold (BTO-T) has delivered a flurry of good news to the market, and investors have responded accordingly.
Eritrea can be risky business, NGO says
Strong preventive measures against hiring forced labour are essential for mining companies with projects in Eritrea, a new report from Human Rights Watch says.
A busy news day for B2Gold
B2Gold (BTO-T) delivered a flurry of good news to the market and investors responded accordingly.
Barrick fails to sell African assets to CNG
Barrick Gold (ABX-T, ABX-N) has ended talks with China National Gold regarding the potential sale of its 74% interest in African Barrick Gold (ABG-L), putting off hopes that the major could distance itself from its…
Perseus disappoints on production
Perseus Mining (PRU-T) warned the market that gold production from its Edikan gold mine in Ghana would be less than originally forecasted, but it now says the number will be even lower than its previous downward revision.