Canadian Mining Journal


Africa


  • News

    GOLD: Asset sales continue at Barrick Gold

    August 13, 2019 by Canadian Mining Journal

    TORONTO – In discussing its second quarter results, Barrick Gold slipped in two very interesting bits of information. First, president and CEO Mark Bristow said the company is seeking a buyer for the 50% of the Kalgoorlie gold mine –

  • DIAMONDS: Lucara results highlight difficult market

    August 12, 2019 by Canadian Mining Journal

    BOTSWANA – Despite higher production, Lucara Diamond saw lower revenue in its second quarter than the same period a year earlier, highlighting a difficult environment for diamond miners. Lucara reported net earnings of US$700,000 for the quarter on revenue of

  • News

    GOLD: Avesoro suspends operations at Youga mine after security breach

    August 12, 2019 by Northern Miner Staff

    BURKINA FASO – Avesoro Resources has temporarily suspended operations at its Youga gold mine in Burkina Faso and moved all staff to the capital Ouagadougou as a precautionary measure, after a group of armed artisanal miners overran the camp and tried

  • News

    GOLD: Semafo revises 2019 guidance after Mana pit wall failure

    August 7, 2019 by Northern Miner Staff

    BURKINA FASO – Semafo has cut 2019 production guidance for its Mana mine in Burkina Faso by 40,000 to 50,000 oz. of gold, following a wall failure in the northern part of the Wona pit on Aug. 2. The intermediate gold

  • COPPER: CITIC pledges $612M to Ivanhoe for Kamoa-Kakula

    July 30, 2019 by Canadian Mining Journal

    DEMOCRATIC REPUBLIC OF CONGO – CITIC Metal Africa, a subsidiary of China’s state-owned CITIC Metal Co., has made a $612-million investment in Ivanhoe Mines. The funding news comes shortly after the company announced it will fast track the Kamoa-Kakula copper

  • News

    DIAMONDS: Russian and Zimbabwe state-owned diamond miners form JV

    July 22, 2019 by MINING.COM Staff

    ZIMBABWE – The world’s top diamond producer by output, Alrosa and the Zimbabwe Consolidated Diamond Company have signed a joint venture agreement to develop diamond deposits in this country. Under the terms of the agreement between the state-owned companies, Alrosa

  • News

    MINING PEOPLE: Adventus Gold, Asanko Gold, Great Panther, McEwen Mining, and Rugby Mining

    July 18, 2019 by Canadian Mining Journal

    Adventus Mining Corp. of Toronto has named Olivia Gamache its new director of environmental management and community development. Most recently she was environment and sustainability manager for Yamana Gold. She holds a BSc and MSc in chemical and environmental engineering

  • News

    Global geopolitics sideswipe African uranium miners

    June 27, 2019 by John Cumming

    The global uranium mining market in the 2010s took a hit from the Fukushima nuclear disaster in Japan in 2011 — which cut global uranium demand some 10% for many years — and the simultaneous ramping up of low-cost uranium

  • News

    GoviEx prepares Madaouela for higher uranium prices

    June 24, 2019 by Trish Saywell

    GoviEx Uranium (TSXV: GXU; US-OTC: GVXXF) received the permits needed to build its flagship Madaouela project in Niger three years ago, but lagging uranium prices have kept development in check. In the meantime, the Vancouver-based junior has been optimizing the project

  • DIAMONDS: Lucara has two-pronged growth plan, CEO Eira Thomas says

    June 20, 2019 by Northern Miner Staff

    LONDON, U.K. – The following is an edited excerpt of an interview with Lucara Diamond president and CEO Eira Thomas, carried out by Dean MacPherson, head of business development for global mining at TMX Group, at The Northern Miner’s Canadian Mining Symposium

  • News

    COPPER: Ivanhoe updates progress at Kamoa-Kakula project

    June 17, 2019 by Canadian Mining Journal

    DEMOCRATIC REPUBLIC OF CONGO – Vancouver-headquartered Ivanhoe Mines is pressing ahead with the construction of the Kakula copper mine. This is the first stage of the Kamoa-Kakula copper project. China-based CITIC Metal invested an additional US$459 million earlier this year,

  • BUYOUT: Barrick to buy out Acacia minority shareholders

    May 22, 2019 by Canadian Mining Journal

    TORONTO – Barrick Gold has indicated it is willing to buy out the minority shareholders of Acacia Mining if that is what it takes to resolve tax and environmental woes of Acacia in Tanzania. Barrick already holds 63.9% of Acacia’s