Canadian Mining Journal


Africa


  • 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

  • AWARD: Teranga named PDAC environmental and social responsibility winner

    December 8, 2016 by Canadian Mining Journal

    TORONTO – Teranga Gold Corp. has been notified that it is the winner of the 2017 Environmental and Social Responsibility Award from the Prospectors & Developers Association of Canada. The award will be made at the gala during next  year’s

  • News

    Aton Resources revisits Ancient Egypt in search of unfound gold

    December 6, 2016 by Canadian Mining Journal

    When Egyptian President Gamal Abdel Nasser stood on the steps of the Alexandria Stock Exchange in July 1956 and declared that he was going to nationalize the Suez Canal, a young geology student at Alexandria University by the name of

  • News

    Friedland claims ‘win-win’ on DRC’s new Kamoa-Kukula deal

    December 1, 2016 by Canadian Mining Journal

    Ivanhoe Mines’ (TSX: IVN; OTCQX: IVPAF) executive chairman Robert Friedland and CEO Lars-Eric Johansson held a conference call yesterday to share the progress at the company’s three African projects, including Kamoa-Kukula, where Ivanhoe recently signed a landmark agreement with the