Guinea’s Simandou iron ore project secures $15 billion financing
The project will add around 5% to the global seaborne supply when it comes online.
The project will add around 5% to the global seaborne supply when it comes online.
African Rainbow Minerals (JSE: ARI) has agreed to buy a 15% stake in Canadian explorer Surge Copper (TSX-V: SURG) for $2.8 million […]
GHANA – The Prestea underground gold mine has reached commercial production says 90% owner and operator Golden Star Resources of Toronto. The […]
TORONTO – Sherritt International is raising C$115 million through the sale of shares and share purchase warrants. The proceeds will be used […]
BURKINA FASO – Toronto-based Roxgold has received permitting approval for the development of the Bagassi South underground gold mine. Bagassi is part […]
TLT ACTOM will be supplying a turnkey ventilation solution to Newmont Mining Corporation’s Subika Mine based at the Ahafo complex in Ghana. The […]
MADAGASCAR – Toronto-based Sherritt International and its partners Sumitomo Corp. and Korea Resources Corp. have restructured the Ambatovy nickel joint venture. Sherritt […]
TANZANIA – Acacia Mining of London, U.K. and the Tanzanian government have reached a deal whereby they will share the benefits from […]
Miner Indiscretions by Jon Ardeman promises to be a rollicking look at the hunt for gold. This is a hilarious, action-packed story […]
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 […]
TORONTO – Kinross Gold is proceeding with not one, but two major expansions. One is the $590-million (all U.S. dollars) expansion phase […]
DEMOCRATIC REPUBLIC OF CONGO – Vancouver-based Ivanhoe Mines is in talks with the state owned miner Gecamines and the country’s state owned […]
TANZANIA – The African subsidiary of Barrick Gold, Acacia Mining, is reducing its operations and workforce at the Bulyanhulu gold mine as […]
VANCOUVER – Trevali Mining Corp. has agreed to pay US$417.9 million for Glencore’s portfolio of zinc assets in Africa. The deal includes […]