Nevsun Resources (NSU.TO, NYSEMKT:NSU) has announced more excellent drill results at its Northwest Zone on the Bisha project in Eritrea, Africa. Of interest are intercepts of 14 meters of in […]
Tag: Africa
Sarama Resources announces maiden resource estimate
Sarama Resources (SWA.V) has announced a maiden resource estimate at its South Houndé project in Burkina Faso. Using a cutoff-grade of 0.8g/t, the South Houndé project has 1.5 million ounces […]
African Gold Group closes private placement
African Gold Group (AGG.V) which owns the 3Moz Kobada project in Mali has closed a private placement, raising $1.5M by issuing 21.4M units at C$0.07 per unit. Each unit consists […]
Endeavour Mining provides corporate update
Endeavour Mining (EDV.TO, ASX:EVR) has announced an update to the market regarding its expected production and cash costs. After producing almost 150,000 ounces of gold in the first half of […]
TrueGold raises $23.5M
True Gold Mining (TGM.V) (previously Riverstone Resources) announced it came to an agreement with Liberty Metals and Mining whereby Liberty will purchase 52.7M shares of True Gold at a price […]
Allana Potash’ Feasibility Study confirms the PEA results
Allana Potash (AAA.TO) has finally announced the outcome of the feasibility study on their 95% owned Danakhil Potash Project in Ethiopia, Africa. The capex will be approximately $650M and the […]
Nevsun Resources announces 2013 production guidance
Nevsun Resources (NSU.TO, NYSEMKT:NSU) has announced their guidance for the gold and copper production in 2013 at their 60% owned Bisha Project in Eritrea, Africa. The company plans to produce […]
Tembo Gold reports monster hole at Tembo Project
Tembo Gold (TEM.V) has reported the results of a first deep diamond drill hole at their 100% owned Tembo Project in Tanzania. The company tabled an astonishing drill intercept of […]
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