Canadian Mining Journal


Africa


  • 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

  • News

    ZINC: Trevali secures position among world producers

    March 14, 2017 by Canadian Mining Journal

    VANCOUVER – Trevali Mining Corp. has launched itself into the ranks of global zinc producers with its purchase of interests in two producing mines in Africa. The company is picking up an 80% interest in the Rosh Pinah mine in

  • GOLD: Iamgold, partners to develop solar power at Essakane mine

    March 9, 2017 by Canadian Mining Journal

    BURKINA FASO – Toronto-based Iamgold has partnered up with EREN Renewable Energy and Essakane Solar to develop 15 MW of solar power capacity this year for Iamgold’s Essakane gold mine in this African country. The agreement is for an initial

  • News

    GOLD: Kinross outlines growth plans

    February 16, 2017 by Canadian Mining Journal

    TORONTO – Kinross Gold has outlined its organic development projects in Nevada, Mauritania and Russia as it reported year-end numbers. For 2016 the company produced a record of 2.79 million gold equivalent oz, up 7.5% from 2015, and revenue grew

  • SUSTAINABILITY: Botswana adopts MAC’s Towards Sustainable Mining initiative

    February 14, 2017 by Canadian Mining Journal

    BOTSWANA – The Botswana Chamber of Mines (BCM) announced on Feb. 14 that it will adopt the Towards Sustainable Mining® (TSM) initiative, a corporate social responsibility program developed by the Mining Association of Canada (MAC) to improve environmental and social practices in the mining industry.

  • News

    GOLD: Golden Star closes $34.5M bought deal

    February 7, 2017 by Canadian Mining Journal

    TORONTO – Golden Star Resources has closed a previously announced bought deal financing of almost 31.4 million common shares at a price of $1.10 per share for gross proceeds of $34.5 million. The offering was led by Clarus Securities and

  • PGMs: Platinum Group raises $28M+ for Maseve underground development

    January 31, 2017 by Canadian Mining Journal

    SOUTH AFRICA – Vancouver-based Platinum Group Metals has raised US$28.75 million through a public offering of shares, including the fully exercised overallotment. The mine has begun production from one of the last large, near surface sections of the Merensky Reef

  • Commentary: Powering Iamgold’s Essakane mine in Burkina Faso with solar

    January 16, 2017 by Canadian Mining Journal

    Iamgold (TSX: IMG; NYSE: IAG) operates in extremely remote regions of the world, and with mining a highly power intensive business, energy is not something we take for granted. Our Essakane gold mine in Burkina Faso is located in an extremely remote area

  • News

    GOLD: Robex’s Nampala mine goes commercial

    January 5, 2017 by Canadian Mining Journal

    MALI – Robex Resources of Quebec City says that commercial production was declared on Jan. 1 , 2017, at its Nampala gold mine in this African country. Over the past 60 days, the processing plant averaged 90% of design throughput.

  • News

    Friedland says new Kamoa-Kakula PEA ‘already obsolete’

    December 21, 2016 by Canadian Mining Journal

    VANCOUVER — Ivanhoe Mines‘ (TSX: IVN; US-OTC: IVPAF) Executive Chairman Robert Friedland believes a preliminary economic study (PEA) just released on the company’s impressive Kamoa-Kakula copper discovery in the Democratic Republic of Congo (DRC) is “already obsolete.” Friedland spoke on a

  • Sibanye Gold to acquire Stillwater Mining for US$2.2 billion

    December 14, 2016 by Canadian Mining Journal

    Sibanye Gold (JSX: SGL), the largest producer of gold from mines in South Africa and among the top ten gold producers globally, will pay US$2.2 billion to acquire Stillwater Mining (NYSE: SWC), the only U.S. miner of platinum group metals and the largest primary producer

  • COMMENT: Acacia out, artisanal miners will suffer in Tanzania

    December 12, 2016 by Marilyn Scales

    Tanzanian president John Mafuguli has cancelled a prospecting licence belonging to Acacia Mining, formerly African Barrick. Instead, he told reporters that the artisanal miners would be allowed to stay at the site. “How do  you kick out more than 5,000