Semafo hits new high on drill results (June 17, 2010)
Vancouver – Semafo (SMF-T, S7U-F) has hit a 52-week stock price high following on-time facility upgrades, comp…
Africa
Banro ships gold plant from Australia to DRC
Banro Corp. (BAA-T, BAA-X) says it is on schedule to finish building its Twangiza gold mine in the Democratic …
Petra borrows US$78M
Leading rough diamond Petra Diamonds (PDL-L) hopes to treble annual diamond production to 3 million carats by 2019 with the help of a US$78 million loan from the International Finance Corp. (IFC) and …
More setbacks for First Quantum in the DRC
VANCOUVER — The situation in the Democratic Republic of the Congo (DRC) has gone from bad to worse for First Quantum (FM-T, FQM-L) after the country’s Supreme Court made a ruling that seemingly inval…
Centamin Egypt expands Sukari gold resource
Over the last several years, Centamin Egypt (CEE-T, CEY-L) says it has clocked an average discovery rate of ab…
Sunridge advances in Eritrea
SITE VISIT ASMARA, ERITREA — Six years and $30 million into its Eritrean exploration adventure, Sunridge Gold (SGC-V) has defined four deposits lying in an arc around the capital city Asmara that together host indicated resources containing…
New gold zone discovery lifts African Aura
African Aura Mining (AUR-V) has hit upon a new gold zone at its wholly-owned New Liberty gold project in Liberia, and the market signaled its belief in the discovery’s significance.In the days after the May 11 announcement of the near-surface…
Volta raises $34.5 million ahead of initial Kiaka gold resource
Vancouver – The two drills turning at Volta Resources’ (VTR-T) Kiaka project in Burkina Faso just completed …
Landen drills in Ivory Coast
Vancouver – Landen Capital (LAN-V) has hit good copper and nickel grades as part of polymetallic drill results…
B2Gold expands potential of Nicaraguan gold mines (May 31, 2010)
VANCOUVER — B2Gold (BTO-T) has hit long and high-grade gold intercepts as part of a drill program to extend the life of its 100%-owned La Libertad open-pit gold mine in central Nicaragua.
Riverstone releases first Nami results (May 31, 2010)
VANCOUVER — Riverstone Resources (RVS-V) had already defined four gold deposits at its Karma project in Burkina Faso and was starting to move those ounces towards production when local artisanal mine…
More hurdles for First Quantum in DRC
Vancouver – The situation in the Democratic Republic of Congo has gone from bad to worse for First Quantum (FM…