Long wait over for DRC miners
The government of the Democratic Republic of Congo (DRC) says its seemingly unending mining contract review is…
Africa
Iamgold holds production steady in Q2; boosts net income 33%
While Iamgold (IMG-T, IAG-N) is down a mine this year with the closure and sale of its Sleeping Giant mine in …
Two African deals nearly done
Two deals that have been in limbo over the last few months appear to be coming to a conclusion.
Extract estimates costs for Rossing South
Extract Resources (EXT-T, EXT-A) expects that it would cost US$704 million to construct a 15 million-tonne-per…
Red Back says partner key to topping Randgold bid for Moto
Red Back Mining (RBI-T) president and CEO, Richard Clark, says Randgold Resources (RRS-L, GOLD-Q) made “a very…
Severstal ups offer for High River Gold by 36%
Russia’s Severstal is inflating its cash offer for financially troubled High River Gold (HRG-T) to 30¢ a …
Despite economic crisis, platinum in short supply
Platinum prices have tumbled from last year’s high of US$2,301 per oz. to about US$1,160 per oz. today, but Ba…
Etruscan ups resources in Mali
There’s more gold in the ground for Etruscan Resources (EET-T).The Halifax-based company announced a 60% inc…
Moto waits for Red Back to make a competing bid
While most analysts already agreed that Randgold Resource’s (GOLD-Q, RRS-L) $546-million cash and share offer …
Vale Signs Option On Intrepid Project
Intrepid Mines (IAU-T, IAU-A) has agreed to option 60% of its Tujuh Bukit sulphide copper-gold project in East Java, Indonesia, to Vale (VALE-N) for a total of US$40 million.
Randgold Outbids Red Back For Moto Goldmines
Randgold Resources (GOLD-Q , RRS-L) has caused some commotion by topping Red Back Mining’s (RBI-T, RBIFF-O) June 1st bid for Moto Goldmines (MGL-T, MTOGF-O), kicking off a potential bidding war.
Keegan jumps on deep gold at Esaase
Vancouver – The first four holes of the 2009 program at Keegan Resources’ (KGN-T) Esaase project in southwes…