Canadian Mining Journal


Africa


  • 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

  • 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