Lucara Diamond Corp (LUC.TO) has had an excellent 2014 as it recorded $266M in revenue from the sale of in excess of 400,000 carats. In excess of half of the […]
Tag: #Africa
Orbis Gold has accepted Semafo’s sweetened offer
The board of Orbis Gold (ASX:OBS) has thrown the towel after a 4 month fight with Semafo (SMF.TO) which announced it planned to buy Orbis Gold at A$0.65/share in October […]
Headaches for True Gold Mining
True Gold Mining (TGM.V) has announced it has suspended all its activities at the Karma gold project in Burkina Faso, which is quite a painful thing to read, considering True […]
Equatorial Resources might have a viable iron ore project
Equatorial Resources (ASX:EQX) has announced the results of a pre-feasibility study on its Mayoko-Moussondji (hereafter ‘MM’ for simplicity’s sake) iron ore project in the Republic of Congo (keep in mind […]
Sarama Resources announces earn-in agreement with Acacia Mining
Sarama Resources (SWA.V) has announced it signed a deal with Acacia Mining (LON:ACA) (previously: African Barrick Gold) whereby Acacia can earn a 70% stake in the South Houndé project through […]
True Gold Mining’s North Kao is promising and investors shouldn’t be too worried about the temporary construction halt
True Gold Mining (TGM.V) has announced the results of the Preliminary Economic Assessment on the North Kao zone at the company’s Karma land package. The PEA was based on an […]
Avnel Gold increases its indicated resources
Avnel Gold Mining (AVK.TO) has announced a resource update on its 80%-owned Kalana gold project in Mali, Africa. The total amount of ounces in the indicated category now stands at […]
What to think about the action in Burkina Faso?
Burkina Faso used to be one of the preferred mining destinations in Africa as it was one of the most stable jurisdictions on the continent with a blue sky exploration […]
