Canadian Mining Journal


Africa


  • 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

  • News

    GOLD: Kinross goes forward with $1B Tasiast, Round Mountain expansions

    September 18, 2017 by Canadian Mining Journal

    TORONTO – Kinross Gold is proceeding with not one, but two major expansions. One is the $590-million (all U.S. dollars) expansion phase two of the Tasiast mill in Mauritania, and the other is the $445-million phase W mining expansion at

  • News

    Teranga completes feasibility study on Banfora

    September 13, 2017 by Canadian Mining Journal

    Teranga Gold (TSX: TGZ) has produced more than 1.2 million ounces of gold from its Sabodala mine in Senegal since 2009 and expects its flagship operation will produce another 1 million ounces of the metal over the next five years. “If

  • News

    ZINC: Ivanhoe in talks to reopen high grade Kipushi mine

    September 7, 2017 by Canadian Mining Journal

    DEMOCRATIC REPUBLIC OF CONGO – Vancouver-based Ivanhoe Mines is in talks with the state owned miner Gecamines and the country’s state owned railroad concerning the reopening of the high grade Kipushi zinc-copper mine. The mine is owned by Kipushi Corp.

  • News

    GOLD: Acacia cuts operations at Bulyanhulu

    September 5, 2017 by Canadian Mining Journal

    TANZANIA – The African subsidiary of Barrick Gold, Acacia Mining, is reducing its operations and workforce at the Bulyanhulu gold mine as the country’s government continues its ban on export of copper-gold concentrate. The decision will cut 1,200 employee and

  • LEAD-ZINC: Trevali buys African property portfolio from Glencore

    August 31, 2017 by Canadian Mining Journal

    VANCOUVER – Trevali Mining Corp. has agreed to pay US$417.9 million for Glencore’s portfolio of zinc assets in Africa. The deal includes an 80% interest in the Rosh Pinah mine in Namibia, a 90% interest in the Perkoa mine in

  • POWER: B2Gold chooses Cat and Barloworld for solar option in Namibia

    August 29, 2017 by Canadian Mining Journal

    NAMIBIA – Caterpillar today announced that B2Gold Corp. has selected Caterpillar and Cat dealer Barloworld to supply 7 MW of solar power at the Otjikoto mine in this African republic. The full system, including Cat photovoltaic (PV) solar modules and