Rockwell ready to ramp-up production as it repositions operations

TSX- and JSE-listed Rockwell Diamonds seemed positive that it would be able to ramp-up its production profile, as its new CEO James Campbell stepped into office a day early on Tuesday. Campbell said that the company, which owns operations in...

Explorers look to Africa as rare earths prices soar

Samarium is used in the navigation system of the US M1A2 Abrams tank. It is one of 15 rare-earth elements used in high-tech and renewable-energy devices, and its price increased by 1 256% over the 12 months to February 16. Samarium is only one...

Explorers look to Africa as rare earths prices soar bubblelike

Samarium is used in the navigation system of the US M1A2 Abrams tank.

New TSX gold listing targets 1Moz/y by 2016

Russian-owned miner White Tiger Gold, which listed on the TSX on Friday, aims to produce one-million ounces yearly of the precious metal by 2016, CEO Geoffrey Cowley said. The company was formed when SL Resources, a private Canadian firm, was...

Mine scheduling 
software saves costs

Mining software company Gemcom will be displaying its expertise at Electra Mining Africa 2010.

Endeavour wants to be midtier gold miner

Vancouver-based Endeavour Mining will look across the globe, not just in West Africa, for potential gold asset acquisitions, and wants to become a mid-tier gold producer, executive Sally Eyre said on Monday. Endeavour, which has ties to Frank...

Endeavour sells Crew Gold shares for a tidy profit

Endeavour Financial has agreed to sell its 43% holding in Crew Gold to majority shareholder Severstal Gold for $215-million in cash, the company announced on Monday. Endeavour, which recently bought all the shares it did not own of Etruscan...

Etruscan completes Mali gold feasibility study

Canadian gold junior Etruscan Resources has received a positive feasibility study for its Finkolo gold project in Mali, which would assist it in proceeding towards the development of the mine. Etruscan president and CEO Dr Sally Eyre said that...

Company Announcement: Near Surface Gold Mineralisation Intersected In Burkina Faso

Attached please find a press release on: AusQuest Limited (ASX: AQD) is pleased to report further encouraging results from drilling by the Comoe Joint Venture in Burkina Faso, with drilling intersecting near-surface gold mineralisation at the...

Endeavour to snatch up Etruscan minority stake

Investment firm Endeavour Financial Corporation announced on Monday that it planned to acquire the remaining 45% of the Etruscan Resources shares that it did not own. Endeavour, who currently owns 55% of Etruscan, would acquire the remaining...

Ausquest forms Burkina Faso gold JV with Etruscan

ASX-listed explorer Ausquest has formed a joint-venture (JV) with Canada’s Etruscan Resources to develop a gold project in Burkina Faso. The JV company, in which Ausquest will buy an initial 51% stake, will control a combined 670 km2 strategic...

Endeavour Financial takes 37,9% stake in Crew Gold

Merchant bank Endeavour' Financial has bought shares representing 37,88% in London-based Crew Gold, the companies announced on Thursday. Crew's main asset is its LEFA gold project, in Guinea and the deal represents the second investment in an...