Tag: #Gryphon

Teranga Gold plans to produce 215,000 ounces of gold in 2018

Teranga Gold plans to produce 215,000 ounces of gold in 2018

Teranga Gold (TGZ.TO) completed a successful 2017 wherein it produced just over 233,000 ounces of gold at its Sabodala project in Senegal. The higher gold price and good production results have increased the year-end cash position to $88M, which will allow the company to develop its next project; the Banfora […]

Denison Mines will soon release an updated Wheeler River resource

Denison Mines will soon release an updated Wheeler River resource

Denison Mines (DNN, DML.TO) has completed the summer drill program on its 60% owned Wheeler River uranium project a little while ago, and all assay results from the 64 drill holes have now been received and published as well. The company described its summer exploration program as ‘a phenomenal season […]

Teranga Gold is ‘pleased’ but should be ‘embarrassed’

Teranga Gold is ‘pleased’ but should be ‘embarrassed’

Teranga Gold (TGZ.TO, ASX:TGZ) has released the results of a definitive feasibility study on the Banfora gold project in Burkina Faso. Even though the mine life was based on a reserve estimate of 1.2 million ounces, the results were actually disappointing. Teranga might be ‘pleased’ with a ‘solid’ base case, […]

Denison Mines’ PEA at Wheeler River is pretty robust

Denison Mines’ PEA at Wheeler River is pretty robust

Denison Mines (DML.TO, NYSEMKT: DNN) has released the summary of its Preliminary Economic Analysis to determine the viability of the Wheeler River uranium project, in Saskatchewan’s Athabasca Basin. As Denison aims to use the McClean Lake Mill to process its ore, the initial capital expenditures remain quite low at C$560M […]

Gryphon’s updated scoping study looks very interesting

Gryphon’s updated scoping study looks very interesting

Gryphon Minerals (ASX:GRY) has announced the results of an updated scoping study on its Banfora gold project in Burkina Faso. Gryphon has optimized the previously existing scoping study but has also added a conventional 1Mtpa carbon in leach plant to the flow sheet, which could provide additional flexibility to Gryphon […]

What to think about the action in Burkina Faso?

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 potential. However, when the president Compaoré – which came to power almost 27 years ago – announced he wanted to […]