Baomahun closer to reality for Amara
Amara Mining’s (TSX: AMZ; LSE: AMA) Baomahun project in Sierra Leone has moved one step closer to realization.
Africa
Iamgold completes maiden resource for Boto
The geological setting of Iamgold’s (TSX: IMG; NYSE: IAG) Boto gold project in eastern Senegal along the West African nation’s border with Mali is underlain by Birimian-aged meta-sedimentary, volcanic and intrusive rocks that the…
Rockwell’s revenue up 31%
Rockwell Diamonds (TSX: RDI) has seen some improvements in the first quarter of its fiscal 2014, after refocusing on its Middle Orange River diamond projects in South Africa’s Northern Cape province, with revenue soaring 31% to US$6.6…
Roxgold cuts high grades at Bagassi South target
VANCOUVER — Roxgold (TSXV: ROG; US-OTC: ROGFF) is cutting strong gold grades at its wholly owned Yaramoko gold project, 200 km southwest from Burkina Faso’s capital city of Ouagadougou. The Vancouver-based explorer is set to release…
Equity-royalty deal lands True Gold a cool $23.5M
VANCOUVER — Money may be tight right now, but True Gold Mining (TSXV: TGM) is demonstrating that there is funding available for companies with advanced projects that are willing to be a bit creative.
Sarama hits another high-grade gold zone at South Hounde
VANCOUVER — It seems there is still much gold to be found at the South Houndé project in Burkina Faso, where initial drilling at a new target has returned shallow, high-grade gold for Sarama Resources (TSXV: SWA).
Editorial: Greasing the wheel of life
Big Oil roared back into the headlines in Canada and across the world, once again showing how, compared to mining, the oil industry is in a league all its own when it comes to societal impacts.
MagIndustries completes deals with Chinese contractors for African project
In the last few days, MagIndustries (TSX: MAA) has finalized agreements with two Chinese contractors to build its 1.2 million-tonne-per year Mengo potash project in the Republic of Congo.
Azumah works to grow planned pits at Wa gold project
VANCOUVER — Continued gold intercepts from drilling between various pits at the proposed Wa gold mine in Ghana suggest that owner Azumah Resources (AZR-V) could reveal a larger gold reserve in its pending feasibility study update.
Allana adds major potash tonnage at Danakil
VANCOUVER — Just four months after releasing a feasibility study on its wholly-owned Dallol potash asset in Ethiopia’s northeastern Danakil Depression, Toronto-based junior Allana Potash (AAA-T) has followed up with a new resource…
Lucara’s Karowe diamond mine keeps giving
Lucara Diamond (LUC-T) is one of the few junior diamond producers excelling in the turbulent markets, as it discovers more large stones at its 100%-owned Karowe diamond mine in Botswana, including a 239-carat stone, which recently sold for…
PMI Gold finds new prospect at Obotan
PMI Gold’s (PMV-T, PVM-A) flagship Obotan gold project — which already includes four known deposits in Ghana’s Asankrangwan gold belt (Nkran, Adubiaso, Abore and Asudai) and could produce gold as early as the second half of…