Canadian Mining Journal


Africa


  • News

    GOLD: Roxgold declares commercial production at Yaramoko mine

    October 4, 2016 by Canadian Mining Journal

    BURKINA FASO – Roxgold, a Canadian company headquartered in Toronto, has declared commercial production at its Yaramoko gold mine in this west African country. Gold production totaled 32,987 oz in Q3 2016. Yaramoko is a high grade, low cost underground

  • News

    NICKEL: New type of deposit found in Nigeria

    September 8, 2016 by Canadian Mining Journal

    NIGERIA – Reports of a new type of nickel deposit in Nigeria are beginning to roll in, but certain details remain sketchy. A private Australian company made the first public announcement at a recent mining conference in Perth. The deposit

  • GOLD: B2Gold makes at-the-market offering up to $100M

    August 15, 2016 by Canadian Mining Journal

    VANCOUVER – B2Gold Corp. plans to distribute an at-the-market offering of US$100 million worth of common shares. The company has entered into an agreement with the American and Canadian subsidiaries of Canaccord Genuity and HSBC Securities. Newly issued shares are

  • News

    COPPER: Ivanhoe says new discovery at Kakula could be significant

    August 11, 2016 by Canadian Mining Journal

    DEMOCRATIC REPUBLIC OF CONGO – Ivanhoe Mines of Vancouver says its new discovery at Kakula could prove to be Africa’s most significant copper discovery. The find was made at the Kamoa copper project 25 km west of Kolwezi. The company

  • GOLD: IamGold seeks US$200M to strengthen balance sheet

    August 9, 2016 by Canadian Mining Journal

    TORONTO – IamGold Corp. has entered into an agreement with a syndicate of underwriters who have agreed to purchase 38.85 million IamGold common shares at a price of US$5.15 each, for aggregate gross proceeds of approximately US$200 million. If the

  • News

    PLATINUM GROUP: Ivanhoe begins sinking 1,025-metre shaft at Platreef

    July 14, 2016 by Canadian Mining Journal

    SOUTH AFRICA – Ivanhoe Mines, headquartered in Vancouver, has begun sinking the first shaft at its Platreef PGM-copper-nickel project 280 km northeast of Johannesburg. The 7.25-metre diameter shaft will reach a finished depth of 1,025 metres in 2018. The shaft

  • News

    GOLD: Endeavour holds groundbreaking for Hounde project

    June 30, 2016 by Canadian Mining Journal

    BURKINA FASO – Endeavour Mining Corp. has held the official groundbreaking ceremony to mark the beginning of work on the Hounde gold project. The company said that more than 10,000 people attended the ceremony, including the president of Burkina Faso,

  • News

    GOLD: Guyana Goldfields increases equity offering to $130M

    June 27, 2016 by Canadian Mining Journal

    GUYANA – Toronto-based Guyana Goldfields has increased its public offering to $130 million through the sale of 13.83 million shares priced at $9.40 each. The underwriters, let by BMO Capital Markets, Scotiabank and RBC Capital Markets, will purchase 12.83 million

  • News

    Teranga tables friendly US$63M bid for Gryphon Minerals

    June 23, 2016 by Canadian Mining Journal

    VANCOUVER — Teranga Gold (TSX: TGZ; ASX: TGZ) has been aiming to expand its production profile in West Africa, and it found an opportunity in Australia-based Gryphon Minerals (ASX: GRY) and the fully permitted Banfora gold project in southwestern Burkina Faso. On June 19, the companies

  • News

    GOLD: Endeavour Mining launches $125M bought deal

    June 22, 2016 by Canadian Mining Journal

    PARIS – Endeavour Mining has entered into a bought deal that will raise $125 million with a syndicate of underwriters led by BMO Capital Markets. The underwriters have agreed to buy 6.25 million common shares at a price of $20.00

  • News

    GOLD: Teranga wins UN sustainability award

    June 21, 2016 by Canadian Mining Journal

    SENEGAL – Teranga Gold Corp. of Toronto has been named a Canadian Sustainable Development Goal award winner through public voting by the United Nations Global Compact Network Canada. The award recognizes the company’s efforts in advancing the United Nations 17

  • LABOUR: Kinross announces end of strike at Tasiast Mine

    June 13, 2016 by Canadian Mining Journal

    Kinross Gold Corporation has announced that the strike by unionized employees at its Tasiast mine in Mauritanian (that began on May 24, 2016) has ended. Striking employees began returning to work on June 11, 2016 and negotiations with the staff