Sarama Resources (SWA.V) has announced it plans to raise C$3M at C$0.15/unit to fund further drilling at its African projects. Each unit will consist of one common share and ½ […]
Tag: Mali
African Gold Group has closed an oversubscribed private placement
African Gold Group (AGG.V) announced it has closed an oversubscribed C$2.4M private placement as it issued 20 million units at a price of C$0.12 per unit. Each unit consists of […]
African Gold Group appoints new CEO and raises more cash
African Gold Group (AGG.V) has announced Declan Franzmann will assume the CEO role from Michael Nikiforuk who will become an executive director focusing on CSR and government relations. Franzmann brings […]
Papillon Resources finds high-grade gold near surface
Papillon Resources (ASX:PIR) has announced the results of a shallow-hole drill program at its Fekola gold project in Mali, Africa. The company drilled 61 Reverse Circulation holes and encountered some […]
African Gold Group will start its metallurgical testwork at Kobada
African Gold Group (AGG.V) has announced it is mobilizing a team of engineers to complete the metallurgical testwork at its Kobada project in southern Mali. This testwork will be used […]
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 […]
African Gold Group announces updated resource estimate
African Gold Group (AGG.V) has announced an updated resource estimate for their Kobada project in Mali. The new resource estimate came in at 2.3Moz gold in the measured and indicated […]