Canadian Mining Journal


Africa


  • News

    Proposed mining code upsets miners in the DRC

    February 8, 2018 by Canadian Mining Journal

    A new mining code in the Democratic Republic of the Congo that would raise royalties on metals and eliminate a stability clause enshrined in the previous 2002 charter that protects mining companies from changes to the code for ten years

  • News

    GOLD: Golden Star reaches commercial production at Prestea underground mine

    February 1, 2018 by Canadian Mining Journal

    GHANA – The Prestea underground gold mine has reached commercial production says 90% owner and operator Golden Star Resources of Toronto. The government of Ghana holds a 10% interest. All construction is complete and output is expected to continue to

  • News

    TNM Editorial: US gov’t slaps sanctions on Israeli mogul Dan Gertler

    January 22, 2018 by Canadian Mining Journal

    On Dec. 20, U.S. President Donald Trump signed an executive order under the year-old Global Magnitsky Human Rights Accountability Act and related acts to block the property of 13 “malign actors,” plus 39 affiliated individuals and entities accused of “serious

  • COBALT: Sherritt links warrants to cobalt price, raises $115M

    January 17, 2018 by Canadian Mining Journal

    TORONTO – Sherritt International is raising C$115 million through the sale of shares and share purchase warrants. The proceeds will be used to reduce debt, for general corporate purposes and to fund future growth. The company will issue 82.1 million

  • News

    GOLD: Roxgold receives permits for Bagassi South mine

    January 3, 2018 by Canadian Mining Journal

    BURKINA FASO – Toronto-based Roxgold has received permitting approval for the development of the Bagassi South underground gold mine. Bagassi is part of the Yaramoko project 200 km southwest from the capital city of Ouagadougou. The Bagassi project has a

  • News

    VENTILATION: TLT Actom to Install Mining Ventilation Solution in Ghana for Newmont

    November 23, 2017 by Canadian Mining Journal

    TLT ACTOM will be supplying a turnkey ventilation solution to Newmont Mining Corporation’s Subika Mine based at the Ahafo complex in Ghana. The solution will comprise both large surface fans and bulkhead cooler fans to the mine in order to ensure

  • News

    Asanko cuts 2018 production guidance

    November 15, 2017 by Canadian Mining Journal

    Asanko Gold (TSX: AKG; NYSE-MKT: AKG) is not going to meet its 2018 production guidance at its mine in Ghana, the company stated on the back of a site visit to the West African operation. In an updated technical presentation posted

  • News

    NICKEL: Ambatovy JV restructured, Sherritt cuts debt

    November 13, 2017 by Canadian Mining Journal

    MADAGASCAR – Toronto-based Sherritt International and its partners Sumitomo Corp. and Korea Resources Corp. have restructured the Ambatovy nickel joint venture. Sherritt has shed a 28% interest in the project, retaining only a 12% ownership interest. By reducing its share

  • News

    GOLD: Acacia, Tanzanian government reach 50:50 deal

    October 19, 2017 by Canadian Mining Journal

    TANZANIA – Acacia Mining of London, U.K. and the Tanzanian government have reached a deal whereby they will share the benefits from Acacia’s operations on a 50:50 basis going forward. Acacia is 63.9% owned by Toronto’s Barrick Gold. Acacia has

  • News

    BOOK: Miner Indiscretions – a humorous look at the gold hunt

    October 4, 2017 by Canadian Mining Journal

    Miner Indiscretions by Jon Ardeman promises to be a rollicking look at the hunt for gold. This is a hilarious, action-packed story following Timothy, who starts his career as a junior geologist on a modern deep gold mine in South

  • News

    B2Gold’s Fekola to pour first gold in October

    September 28, 2017 by Canadian Mining Journal

    B2Gold (TSX: BTO; NYSE: BTG) says it has started processing ore at its Fekola mine in southwestern Mali and will reach commercial production before the end of the year. The mid-tier miner already operates four gold mines — two in Nicaragua,

  • News

    DIAMOND: Lucara sells 1,100-ct Lesedi La Rona for $53M

    September 26, 2017 by Canadian Mining Journal

    VANCOUVER – Lucara Diamond Corp. has finally sold the 1,109-carat Lesedi La Rona diamond for US$53 million (US$47,777 per carat) to Graff Diamonds. The company tried to auction the stone in June 2016, but offers did not reach the reserve