Tag: #Africa

Nevsun Resources reaches expected capacity

Nevsun Resources (NSU.TO, NYSE:NSU) announced it produced 36 million pounds of copper in the fourth quarter of 2013 which means the company has met the upper side of its production […]

Nevsun declares commercial production

Nevsun Resources (NSU.TO, NYSE:NSU) is keeping its promise and has declared commercial production at its copper expansion phase as it has successfully commissioned its flotation plant. The budgeted capex for […]

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 […]