Implats faces violence in South Africa, threat of losing assets in Zimbabwe
Tensions remain high at the world’s largest platinum mine, as a second miner has been killed and strike action continues for a fifth week.
Africa
First Uranium to sell South African assets
First Uranium (FIU-T) said it would be selling its chief assets – the Mine Waste Solutions tailings recovery project and the Ezulwini gold-uranium mine, both in South Africa – for US$405 million as the underperforming junior…
Dividends and explanations get Kinross rolling
All it took was a bigger dividend and a bit of explaining for Kinross Gold (K-T, KGC-N) to gather some wind behind its back again.
Winds of change blowing for Anooraq and Amplat at Bokoni
Vancouver — Twin tragedies have bookended four months of turbulence and change at Anooraq Resources (ARQ-V) and Anglo American (AAL-L) subsidiary Amplat’s Bokoni platinum mine in the Limpopo Province of South Africa.
Doubling of resource creates buzz about La Mancha
Visual outcrops of sulphide can be seen at the bottom of twelve of the sixteen oxide pits that make up La Mancha Resources’ (LMA-T) Hassai mining complex in the remote desert of northern Sudan. And a new resource estimate based on…
Kilo juggles projects on several fronts
In late January Kilo Goldmines (KGL-V) announced that its iron ore joint-venture project with Rio Tinto (RIO-N, RIO-L) in the Democratic Republic of the Congo has the potential to host direct shipping ore. In the same announcement the…
Where did Nevsun’s gold go?
At a time of record-high gold prices Nevsun Resources (NSU-T) had the unfortunate task of announcing to the market that it has a lot less gold in its deposit than it originally believed.
Orezone turns assets to cash in Burkina
Being in a gold-rich country before the mining world gets turned on to it can pay some handsome dividends, as Orezone Gold (ORE-T) is proving in Burkina Faso.
Tanzanian Royalty ramps it up in northern Tanzania
Tanzanian Royalty Exploration (TNX-T, TRX-X) made good on its word to get things moving at its Itetemia and Luhala gold projects in northern Tanzania’s Lake Victoria goldfields.
Zambian copper mine yields lower-than-expected margins for Barrick
Half a year in, Barrick Gold’s (ABX-T, ABX-N) newly purchased Lumwana copper mine in Zambia has done little to rebut the critics who denounced Barrick’s contentious and expensive move into copper through its June 2011 takeover of…
Dividends and explanations get Kinross rolling
All is it took was a bigger dividend and a bit of explaining for Kinross Gold (K-T, KGC-N) to gather some positive winds behind its back again.
New discovery gets Volta moving upwards
A new discovery at its Kiaka Project had Volta Resources (VTR-T) riding high on the Toronto big board.