Equatorial Resources (ASX:EQX) has announced the results of a pre-feasibility study on its Mayoko-Moussondji (hereafter ‘MM’ for simplicity’s sake) iron ore project in the Republic of Congo (keep in mind […]
Tag: #Africa
Sarama Resources announces earn-in agreement with Acacia Mining
Sarama Resources (SWA.V) has announced it signed a deal with Acacia Mining (LON:ACA) (previously: African Barrick Gold) whereby Acacia can earn a 70% stake in the South Houndé project through […]
True Gold Mining’s North Kao is promising and investors shouldn’t be too worried about the temporary construction halt
True Gold Mining (TGM.V) has announced the results of the Preliminary Economic Assessment on the North Kao zone at the company’s Karma land package. The PEA was based on an […]
Avnel Gold increases its indicated resources
Avnel Gold Mining (AVK.TO) has announced a resource update on its 80%-owned Kalana gold project in Mali, Africa. The total amount of ounces in the indicated category now stands at […]
What to think about the action in Burkina Faso?
Burkina Faso used to be one of the preferred mining destinations in Africa as it was one of the most stable jurisdictions on the continent with a blue sky exploration […]
Great Quest signs phosphate offtake agreement
Great Quest (GQ.V) has announced it has signed an agreement with Société Africaine Développement Agricole, a Mali-based group, whereby the latter will purchase 95% of Great Quest’s planned production of […]
Orbis Gold receives a takeover offer from Semafo – A bidding war can be expected
Just one year after our initial blog post on Orbis Gold (ASX:OBS), the company has received an unsolicited cash offer from Semafo (SMF.TO) at A$0.65/share (which is more than double […]
Bassari Resources announces maiden reserve estimate
Bassari Resources (ASX:BSR) has announced a first reserve estimate on its Makabingui gold project in Senegal where it has outlined an open pit reserve estimate of 158,000 ounces of gold […]