Tabakoto to shut down (September 17, 2007)
Nevsun Resources (NSU-T, NSU-X) has announced it will mothball the Tabakoto gold mine in western Mali, citing low grades and poor operating performance.
Africa
Editorial: Mexican staking in turmoil
The risky business of mineral exploration is full of surprises, and the week ended Sept 8, the 36th trading week of 2007, gave us a big one.
Camec caves on Katanga bid
Central African Exploration and Mining Co. (Camec) (CEAMF-O, CFM-L) did the expected last week when it withdrew its all-share offer for Toronto Stock Exchange-listed Katanga Mining (KAT-T, KATFF-O).
Anooraq inks deal to become a major platinum producer in Africa
It took three long years of negotiations but Anooraq Resources (arq-v, ano-x) has finally inked a deal that will transform the Canadian junior exploration company into a significant platinum metals pr…
Africo rebounds on positive words from DRC
Africo Resources (ARL-T, AFCRF-O) exploded up the market after winning official word that it is the owner of the Ka…
Semafo shaking up Kiniero operation
Unsatisfactory production from the Kiniero gold mine in eastern Guinea has led Semafo (SMF-T) to put a new mining p…
Axmin finds new gold zones at Passendro
As Axmin (AXM-V) finishes up a feasibility study for its Passendro gold project in the Central African Republic, it…
Gold Fields, Orezone wrap up Essakane feasibility
It will cost Orezone Resources (OZN-T) and Gold Fields (GFI-N) about US$346.5 million to start churning out gold at…
Oromin keeps hitting gold in Senegal (September 10, 2007)
Vancouver – Making the most out of its exploration contract extension, Oromin Explorations (OLE-V, OLEPF-O) is pull…
CIC Energy Lands Sumitomo as Mmamabula Partner
Vancouver — CIC Energy (ELC-T, CIEGF-O) and International Power (IPRPY-O, IPR-L) have inked a deal to bring Japanese multinational Sumitomo (ssumy-o) on as a third partner at its Mmamabula energy pro…
Sunridge Rides Asmara Results
Drill results from the Asmara project in Eritrea gave Sunridge Gold (SGC-V, SGCNF-O) a rest from the recent drubbing commodity stocks have taken on the venture market.
DRC Plays Politics With Camec Licence
Only two days after launching an all-share bid to take over Katanga Mining (KAT-T, KATFF-O), Central African Mining & Exploration Co.’s (CEAMF-O, CFM-L) shares plummeted on news that one of its op…