Militants blockade fuel supplies to Mali mine
MALI’S military has halted approximately 70 fuel tankers bound for Allied Gold’s Sadiola gold mine following an al Qaeda-affiliated group’s blockade on fuel imports to the…
Mali conducts airstrikes amid militant fuel blockade
MALI’S military has launched airstrikes in the gold-rich Kayes region following attempts by al Qaeda-affiliated militants to impose a fuel blockade on the landlocked nation’s…
Uranium listing shows SA’s junior mining is still kicking
ONE thing resource miners have in spades is optimism. Take South Africa’s latest digger, Neo Energy Metals, which is hoping to build a uranium mine in the Northern Cape. Dubbed…
A new mining cadastre is just the beginning of SA’s minerals prospecting overhaul
“BETTER late than never” was the sentiment from mining executives when the Department of Mineral Resources and Energy (DMRE) finally committed to July to select a technology…
Kinross concludes sale of Chirano mine to Asante Gold for $225m in cash and shares
KINROSS Gold said it had completed the sale of its stake in Chirano, a gold mine in Ghana for $225m in cash and shares. The buyer is Asante Gold Corporation which in August last…
Perseus to extend footprint to Sudan in A$230m purchase of Toronto’s Orca Gold
PERSEUS Mining today unveiled plans to dramatically expand its operational footprint with the A$230m purchase of shares in Orca Mining, a Toronto-listed gold exploration firm…
Kinross puts cost of Tasiast mill refurb at $20m as mine returns to production
KINROSS Gold said the cost of restarting a mill hit by fire at its Tasiast mine in West Africa’s Mauritania in June would come it at $20m, well below the $35m budget. As a result…
Kinross concludes agreement with Mauritania adding $10m payment to 2020 pact
KINROSS Gold Corporation is to pay the Mauritania government $10m related to “disputed matters” and has also agreed to put two representatives from the West African government on…