Canadian Mining Journal


Africa


  • Cobalt 27 IPO provides ‘pure play’ exposure to cobalt

    June 28, 2017 by Canadian Mining Journal

    VANCOUVER — Cobalt 27 Capital‘s $200-million initial public offering (IPO) on the TSX Venture Exchange on June 23 shows there’s a growing appetite among investors for exposure to the booming demand for minerals used in the lithium-ion battery and electric vehicle

  • News

    Editorial: Africa remains a dominant force in global gold mining

    June 22, 2017 by Canadian Mining Journal

    With so many troubles in Africa’s centres of gold mining — extremist attacks in West and North Africa, perennial challenges in Central Africa and the long, slow decline of violence-ridden South Africa — it can be easy to lose sight

  • Orca improves economics at Block 14 in north Sudan

    June 20, 2017 by Canadian Mining Journal

    VANCOUVER — Avant-garde explorer Orca Gold has launched into a feasibility study at its 2.3 million oz. gold Block 14 project in northern Sudan’s Nubian Desert, after finding a water source that could support a larger open-pit operation than the company

  • News

    COMMENT: Two committees, twice the bad news for Acacia

    June 13, 2017 by Marilyn Scales

    Followers of international mining news have read about the Tanzanian government’s beef with Acacia Mining which is headquartered in London, U.K. Last month we learned that the report of a government committee says Acacia owes tens of billions in unpaid

  • GOLD-COPPER: Tanzania bans concentrate exports

    May 25, 2017 by Canadian Mining Journal

    TANZANIA – In March the Tanzanian government banned the exports of gold and copper concentrates from that country, a move that was especially troublesome to Acacia Mining. Many  hoped the ban would be lifted, but last week the government charged

  • News

    ZINC: Trevali to acquire Glencore’s zinc interests in Africa

    May 18, 2017 by Canadian Mining Journal

    AFRICA – Shareholders of Vancouver-based Trevali Mining Corp. approved the acquisition of interests in three African zinc properties from Glencore plc. The deal includes Glencore’s 80% interest in the Rosh Pinah mine in Namibia, a 39% interest in the Gergarub

  • NICKEL: Sherritt shrinks Ambatovy share, retains operator status

    May 2, 2017 by Canadian Mining Journal

    MADAGASCAR – Sherritt International is reducing its interest in the Ambatovy nickel joint venture to 12% from the current 40%. Sherritt will, however, remain as operator of the project until at least 2024. Sherritt and its joint venture partners Sumitomo

  • PLATINUM: Maseve mine ramps up with bought deal by Platinum Group Metals

    April 26, 2017 by Canadian Mining Journal

    SOUTH AFRICA – Platinum Group Metals of Vancouver has closed a US$20-million bought deal financing. The company issued approximately 15.4 million common shares at a price of US$1.30 per share. BMO Capital Markets was the sole underwriter. Platinum Group began

  • News

    PLATINUM GROUP: Ivanhoe seeks additional financing for Platreef

    April 25, 2017 by Canadian Mining Journal

    SOUTH AFRICA – Ivanhoe Mines of Vancouver has selected three mine financing institutions as lead arrangers to attract financing for the ongoing development of the Platreef platinum group metals-nickel-copper-gold project in Limpopo. Export Development Bank, Nedbank Limited and Societe Generale

  • News

    Teranga to build Banfora gold project in Burkina Faso

    April 25, 2017 by Canadian Mining Journal

    Teranga Gold (TSX: TGZ; ASX: TGZ) aims to build its Banfora project in Burkina Faso – which would become its second West African gold mine – with construction expected to start later this year. Teranga currently operates its flagship Sabodala gold

  • News

    Trevali CEO discusses Glencore deal, zinc markets

    March 29, 2017 by Canadian Mining Journal

    VANCOUVER — Trevali Mining (TSX: TV) is set to become a major player in the zinc business following an aggressive, $400-million deal with commodity giant Glencore (LON: GLEN). The company expects the transaction to make it the world’s eighth-largest producer of the industrial metal, and

  • News

    Kakula hit drives up shares of Ivanhoe Mines

    March 27, 2017 by Canadian Mining Journal

    A new step-out hole has doubled the strike length of the copper-rich mineralized system at the Kakula deposit in the Democratic Republic of the Congo, Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF)  says, and the company is mobilizing up to five drill rigs