Golden Star raising US$75 million
Golden Star Resources (GSC-T, GSS-X), a gold miner with projects in Ghana, is raising US$75 million in a share…
Africa
CGA completes maiden resource on Segilola in Nigeria
CGA Mining (CGA-T, CGX-A) hopes to develop the first gold mine in Nigeria — a country it describes as having …
Thick and copper rich intercepts for Sunridge
Sunridge Gold’s (SGC-V) latest results from Eritrea show the company to be off to a stellar start on its 2009 …
Lucara Builds On African Assets
Lucara Diamond (LUC-V) is acquiring a big stake in the AK6 diamond project in Botswana.
First Quantum rises on $260-million offer for Zambian explorer Kiwara
Vancouver – Dipping into its US$800-million treasury, First Quantum Minerals (FM-T) is buying Zambian base met…
Avion raising $20M
Vancouver – Avion Gold (AVR-T) is capping off a good year of gold mining in Mali with a $20 million financing.
Canaco hits more gold in Tanzania
Vancouver – Ongoing drilling at the Magambazi property in Tanzania continues to intercept gold mineralization …
Gold Wheaton Buys Second First Uranium Gold Stream
VANCOUVER — Having purchased a gold stream from First Uranium’s (FIU-T, FIU-J) Mine Waste Solutions (MWS) project, Gold Wheaton Gold( GLW-V, GLWGF-O) is adding another from its Ezulwini underground g…
B2Gold Readies Orosi Production, Deals With Limon Strike
Production should start by the end of the month at B2Gold’s (BTO-T) Orosi gold mine in Nicaragua and that means there will be a major increase in gold production for the company next year.
Axmin’s Troubles Land It In Toro Gold’s Arms
A private gold exploration company with an interest in sub-Saharan and equatorial Africa hopes to acquire Canadian junior Axmin (AXM-V, AXMIF-O), which has gold and other assets in the Central African…
Randgold, AngloGold Beef Up Moto Stake
Randgold Resources (GOLD-Q , RRS-L) and AngloGold Ashanti (AU-N) are showing their faith and optimism in the recently acquired Moto gold project in the Democratic Republic of the Congo’s (DRC) northea…
Lucara looks to be next big name in African diamonds
Lucara Diamond (LUC-V) is acquiring a big stake in the AK6 diamond project in Botswana.