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Exploration
 
M&A

Lake Shore, West Timmins complete tie-up

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TSX-listed Lake Shore Gold has completed its acquisition of junior West Timmins Mining, the companies announced on Friday. West Timmins shareholders received 0,73 of a Lake Shore share for each share of West Timmins, under a deal first announced...
7th November 2009
 
 
DIAMONDS

Rio Tinto to fund some exploration on JV Tshikapa project

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TSX- and JSE-listed Africa-focused diamond explorer BRC Diamondcore has signed a letter of intent with diversified giant Rio Tinto’s mining and exploration arm, whereby Rio Tinto would fund the exploration of certain parts of the joint venture...
6th November 2009
 
 
EXPLORATION

Goldstone granted Senegalese exploration license

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Aim-listed junior gold explorer GoldStone Resources has been granted an exploration license for its Sangola project by the Senegalese Ministry of Mines. GoldStone said in a statement that it would now be able to start exploration activities for...
6th November 2009
 
 
PERU

Miner asks Peru to remove protesters from its site

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Ares, a mining company run by Hochschild Mining, asked the Peruvian government on Thursday to remove protesting community members from one of its exploration projects -- the latest in a long string of conflict. Townspeople living near the Azuca...
6th November 2009
 
 
IRON-ORE – 2

Australian iron-ore minnow 
eyeing 2Mt/y by 2011

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Australian iron-ore minnow FerrAus is working towards becoming a mid-tier producer of two million tons a year by 2011.
6th November 2009
 
 
Exploration

New plant and railway put Mozambique on the road to recovery

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Mozambique’s government announced that South African company Tsozo Refinery will spend $17,5-million to build a plant, which will process about 40 kg of gold every three hours, in Mozambique. Authorities have also granted the firm an exploration...
6th November 2009
 
 
CANADA

Goldcorp mulls openpit, more milling capacity at Red Lake

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Canada's second-biggest gold miner, Goldcorp, expects to have a clearer picture by the end of next year of what its historic Red Lake camp, in north-west Ontario, will look like in the longer term, CEO Chuck Jeannes said on Thursday. The Red Lake...
5th November 2009
 
 
ECUADOR

Ecuador says could start mineral exports in 2012

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Ecuador could start exporting minerals in 2012 once the country's nascent mining sector moves into production, President Rafael Correa said on Wednesday, predicting the industry will propel economic development. Correa signed a mining law reform...
5th November 2009
 
 
 
 
 
 
Exploration Multimedia
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New fund to target coal, renewable-energy projects Video
Gold-miner increases exploration spend to $43m Video
$1bn Lumwana copper project raises Zambian... Video
Atlas Copco gets R9,6m to help develop its... Video
Dutwa Africa’s first major base-metals... Video
Sallies turns around as fluorspar price hits... Video
Pan African expects increased gold output from... Video
Village Main to call extraordinary general... Video
Wits Gold says 40% of resources relatively shallow Video
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Canadian miners propose doubling... Audio
Mining crisis holds potential for... Audio
Canadian explorer ties its fortunes... Audio
Wits Gold to accelerate development... Audio
Canadian junior on the fast track to... Audio
Flow-through shares create... Audio
AfroCentric in nickel, coal... Audio
African Eagle open to talks with SA... Audio
Refocused DRDGold a 'whole new... Audio