Tag: #Africa

Nevsun declares commercial production

Nevsun Resources (NSU.TO, NYSE:NSU) is keeping its promise and has declared commercial production at its copper expansion phase as it has successfully commissioned its flotation plant. The budgeted capex for […]

Sarama Resources announces maiden resource estimate

Sarama Resources (SWA.V) has announced a maiden resource estimate at its South Houndé project in Burkina Faso. Using a cutoff-grade of 0.8g/t, the South Houndé project has 1.5 million ounces […]

African Gold Group closes private placement

African Gold Group (AGG.V) which owns the 3Moz Kobada project in Mali has closed a private placement, raising $1.5M by issuing 21.4M units at C$0.07 per unit. Each unit consists […]

Endeavour Mining provides corporate update

Endeavour Mining (EDV.TO, ASX:EVR) has announced an update to the market regarding its expected production and cash costs. After producing almost 150,000 ounces of gold in the first half of […]

TrueGold raises $23.5M

True Gold Mining (TGM.V) (previously Riverstone Resources) announced it came to an agreement with Liberty Metals and Mining whereby Liberty will purchase 52.7M shares of True Gold at a price […]

Bisha Main: Copper Phase Construction - Flotation Area

Nevsun Resources announces 2013 production guidance

Nevsun Resources (NSU.TO, NYSEMKT:NSU) has announced their guidance for the gold and copper production in 2013 at their 60% owned Bisha Project in Eritrea, Africa. The company plans to produce […]

Tembo Gold Corp. - Well understood geological granite greenstone terrane with parallels worldwide

Tembo Gold reports monster hole at Tembo Project

Tembo Gold (TEM.V) has reported the results of a first deep diamond drill hole at their 100% owned Tembo Project in Tanzania. The company tabled an astonishing drill intercept of […]