http://www.miningweekly.com

Global Mining News in real time

Premier African Minerals receives gold exploration permits in Togo

By: Idéle Esterhuizen Aim-listed Premier African Minerals on Tuesday said it had secured two gold exploration permits that cover 400 km2 in the highly prospective Dapaong area, in Togo, West Africa. The miner indicated that the permits were valid for an initial period of three years and that it intended to immediately... 

Rockwell ready to ramp-up production as it repositions operations

By: Loni Prinsloo 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 South Africa, had already kick-started initiatives to... 

Explorers look to Africa as rare earths prices soar

By: Irma Venter 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 of a handful of rare earths that have showed... 

Explorers look to Africa as rare earths prices soar bubblelike

By: Irma Venter Samarium is used in the navigation system of the US M1A2 Abrams tank. 

New TSX gold listing targets 1Moz/y by 2016

By: Matthew Hill 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 bought by Russian millionaire Max Finskiy’s... 

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

By: Liezel Hill 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 Giustra, changed its name last week from Endeavour... 

Endeavour sells Crew Gold shares for a tidy profit

By: Liezel Hill 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 Resources, plans to change its name to Endeavour Mining.  

Etruscan completes Mali gold feasibility study

By: Loni Prinsloo 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 the completion of the feasibility study and the... 

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 Siniko West prospect.  

Endeavour to snatch up Etruscan minority stake

By: Loni Prinsloo 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 share through a court-approved arrangement. Under the... 

Ausquest forms Burkina Faso gold JV with Etruscan

By: Esmarie Swanepoel 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 tenement holding in the relatively unexplored... 

Endeavour Financial takes 37,9% stake in Crew Gold 

By: Liezel Hill 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 Africa-focused gold company in less than a year for... 

Endeavour Financial already looking at gold deal No 2

By: Liezel Hill Merchant bank Endeavour Financial is already looking closely at a second potential gold transaction, after it announced last month it would take a 54% stake in struggling gold junior Etruscan Resources, Endeavour marketing and business development director Sally Eyre said in an interview.... 

Etruscan reports increased resource at Mali gold JV

By: Liezel Hill The gold resource at the Finkolo prospect, in Mali, is now estimated at 610 000 oz of measured and indicated resources and 220 000 oz in the inferred category, Halifax, Nova Scotia-based Etruscan Resources reported on Tuesday. The updated estimate, which represents and 60% increase to the... 

Etruscan Diamonds to complete study on Ventersdorp project by August

By: Chanel de Bruyn A prefeasibility study (PFS) on the viability of expanding South African diamond-miner Etruscan Diamonds' Blue Gum project, in the alluvial diamond district of Ventersdorp, from the forecast production rate of 100 000 m3 to 260 000 m3, would be completed by August. "We are pleased with... 

Etruscan Diamonds reports strong production, sales from Tirisano

By: Liezel Hill South African diamond-miner Etruscan Diamonds received an average of $762/ct in a March tender, for gems mined at its Tirisano mine, which it reopened in January, parent company Etruscan Resources said on Wednesday. 

Canada’s Etruscan to spend C$15m on African gold exploration

By: Matthew Hill Canadian gold exploration and development company Etruscan Resources has allocated C$15-million to its search for the yellow metal on the African continent in 2008, focusing on five countries. The countries that it was drilling in included Burkina Faso, Mali, Cote d'Ivoire, Ghana, and Namibia. 

Samira Hill mine, Niger

By: Carla Thomaz The Samira Hill mine is situated 90 km west of Niamey, the capital city of Niger. 

Etruscan processes first ore at Burkina Faso gold mine

By: Liezel Hill Nova Scotia-based Etruscan Resources has fed the first ore to the processing plant at its Youga gold mine, in Burkina Faso. 

Resource estimate increased 53% at Mali gold prospect

Joint-venture partners Etruscan Resources and Resolute Mining have boosted the resource estimate at the Tabakoroni deposit, on their co-owned Finkolo permit, in southern Mali, by 53%. 

Etruscan allocates $15m to 'aggressive' African exploration programme

By: Matthew Hill TSX-listed exploration firm Etruscan Resources on Tuesday said that it had allocated $15-million to an aggressive exploration programmes across five African countries. 

Firms must back African govt objectives completely – Etruscan Diamonds

By: Christy van der Merwe As a junior mining company, compliance and alignment with legislation are vital when trying to gain prospecting rights and mining rights in South Africa, and the rest of Africa. 

Youga gold mine construction nears completion

Junior miner Etruscan Resources recently reported that construction at its Youga Gold Mine in Burkina Faso is nearing completion. 

Youga gold mine, Burkina Faso

By: Sheila Barradas The project involves the construction of a million-ton-a-year gold mine. 

Etruscan agrees to buy stake in SA gem mine form Mvelaphanda Exploration

By: Olivia Soraya Spadavecchia Canadian junior miner Etruscan Resources' South African diamond arm, Etruscan Diamonds has reached an agreement with Mvelaphanda Exploration to acquire its 50% interest in the Tirisano diamond mine located in the Ventersdorp alluvial diamond district. 

Etruscan agrees to buy stake in SA gem mine from Mvelaphanda Exploration

By: Olivia Soraya Spadavecchia Canadian junior miner Etruscan Resources' South African diamond arm, Etruscan Diamonds has reached an agreement with Mvelaphanda Exploration to acquire its 50% interest in the Tirisano diamond mine located in the Ventersdorp alluvial diamond district. 

Youga gold mine, Burkina Faso

By: Sheila Barradas  

Promising results from Mali prospect

By: Nelendhre Moodley TSX-listed Etruscan Resources reported on Thursday that diamond drill results from reconnaissance drilling undertaken two kilometers north west of the main drilling area on its Diba gold discovery in Mali had intersected significant gold mineralisation, including 8 metres of 3,5 g/t gold within a... 

Promising results from Cote d' Ivoire gold prospect

TSX-quoted Etruscan Resources reported on Thursday that it had intersected significant mineralisation on the southernmost fence at its 85%-owned Agbaou gold prospect in southern Cote d' Ivoire. 

Youga gold mine

The project involves the construction of a million-ton-a-year gold mine. The project proposes the openpit mining of five pits by means of contract mining, with ore to be processed through a conventional gravity carbon-in-leach (CIL) plant, with an annual design capacity of a million tons. 

First
Prev
1
2 3 4 Next Last

Latest News

more

Latest Videos

more

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
R/€ = 14.23Change: 0.36
R/$ = 11.58Change: 0.07
Au 1194.98 $/ozChange: -1.11
Pt 1198.50 $/ozChange: -2.00