http://www.miningweekly.com
R/€ = 15.99 Change: 0.10
R/$ = 14.01 Change: 0.20
Au 1221.51 $/oz Change: 6.02
Pt 845.50 $/oz Change: 3.71
 

Topic

Avesoro New Liberty mineral resources upgrades

19th October 2018 West African gold producer Avesoro Resources has successfully increased the measured and indicated mineral resource at its New Liberty gold mine in Liberia to more than 1.1-million ounces. “The completion of the infill drilling campaign at New Liberty has improved the confidence in the estimated... 

SRK Ghana expanding into other West African markets

By: Nadine James     19th October 2018 As the economic mood in the global mining industry turns towards the better, SRK Consulting’s Accra office, in Ghana, has been making inroads into new markets in Côte d’Ivoire and Togo, SRK Ghana country manager John Kwofie noted in a release last week. He believes that there is potential for... 

Avesoro on track to convert 1Moz from resources to reserves

By: Marleny Arnoldi     10th October 2018 TSX- and Aim-listed Avesoro Resources has reported positive drill results from its Ouaré and Gassore West deposits, and the discovery of two mineralised vein systems that are 1.5 km east of the company’s Youga gold processing plant, in Burkina Faso. Avesoro aims to convert 1-million ounces of... 

Avesoro’s Q3 production in line with expectations

By: Tasneem Bulbulia     9th October 2018 West African gold producer Avesoro Resources produced 47 177 oz of gold from its New Liberty mine, in Liberia, and its Youga gold mine, in Burkina Faso, in the quarter ended September 30, bringing year-to-date gold production to 175 496 oz. Ore mining rates increased at both New Liberty and Youga... 

Junior gold miner reports strong earnings for first half of year

By: Rebecca Campbell     5th October 2018 UK-domiciled, London AIM-listed West African gold miner Hummingbird Resources has reported (in its unaudited financial results for the first half – H1 – of this calendar year) that its primary asset, the Yanfolilia Gold Mine in Mali, had recorded a solid performance that had been in line with the... 

Uganda to join transparency programme as it seeks mining investors

By: Bloomberg     2nd October 2018 Uganda plans to join a program aimed at rooting out corruption in resource industries as the East African nation seeks to reassure potential investors that it isn’t involved in “conflict minerals.” The Cabinet has already endorsed the plan to join the Extractive Industries Transparency Initiative... 

Mineral resource estimate at Avesoro’s Liberia mine now 1.1Moz of gold

By: Marleny Arnoldi     19th September 2018 TSX- and Aim-listed Avesoro Resources has increased the measured and indicated mineral resource at its New Liberty gold mine, in Liberia, to more than 1.1-million ounces of gold. The company said in a statement on Wednesday that total openpittable and underground measured and indicated mineral... 

Tango’s African diamond focus grows

By: Schalk Burger     14th September 2018 TSX-listed Africa-focused Tango Mining on Thursday reported production since January of 941 ct of high-value diamonds from its Oena diamond mine, in the Western Cape. It also reported on progress at further diamond exploration projects in Angola, Liberia and Botswana. 

Tango buys Liberia diamond project

By: Creamer Media Reporter      11th September 2018 TSX-V-listed Tango Mining has signed an agreement to acquire an 80% unencumbered interest in the Mano River project from West Mining, in Liberia. The property consists of one recently granted 104.3 km2 diamond mineral exploration licence located in the western part of the country in an area well... 

Avesoro’s interim Ebitda, revenue rise

By: Simone Liedtke     13th August 2018 TSX- and Aim-listed Avesoro Resources has reported earnings before interest, taxes, depreciation and amortisation (Ebitda) of $64.6-million for the six months ended June 30, compared with Ebitda of $1.1-million reported for the first half of the 2017 financial year. With a 318% year-on-year... 

Avesoro on track to meet full-year production guidance

By: Marleny Arnoldi     9th July 2018 TSX- and Aim-listed gold miner Avesoro Resources remains on track to produce 220 000 oz to 240 000 oz for the full year, with production having reached 60 231 oz in the quarter ended June 30.  

Tawana shareholders OK demerger

By: Esmarie Iannucci     6th July 2018 The shareholders of ASX-listed Tawana Resources on Friday gave their blessing for a demerger of the company’s non-core assets. The company in March announced plans to spin-out its Cowan and Yallari lithium projects, in Western Australia, and the Mofe Creek iron-ore asset, in Liberia, into a... 

Altus starts exploration at Côte d'Ivoire project

By: Creamer Media Reporter      7th June 2018 Aim- and TSX-V-listed Altus Strategies has started exploration at its 369.5 km2 Prikro gold project, in eastern Côte d'Ivoire. "Prikro is an exciting gold project located in an emerging gold province in eastern Côte d'Ivoire. The licence targets Birimian age metasedimentary belts that are... 

Contrasting performances for Sub-Saharan African, European miners – BMI

By: Simone Liedtke     17th May 2018 Europe and sub-Saharan Africa are on opposite ends of BMI Research’s Mining Risk and Reward Index (RRI), as can be seen with Europe’s significantly stronger performance in country and industry risk indicators, while sub-Saharan Africa continues to lag in country reward scores. The country reward... 

Avesoro to update New Liberty reserve estimate in Q3

By: Simone Liedtke     17th May 2018 Avesoro Resources will update the market with an increased resource and reserve estimate for its New Liberty mine, in Liberia,  in the third quarter. This follows the completion of a 19 500 m 55-hole infill drilling programme undertaken in the first quarter of the year. The programme was aimed at... 

ArcelorMittal studies lower grade iron-ore project in Liberia

By: Mariaan Webb     11th May 2018 With mining having started at the new Gangra direct shipping ore (DSO) deposit in Liberia, global steel and mining major ArcelorMittal is taking another look at the lower grade resources at its Tokadeh mine. The company has started a feasibility study to assess the optimal concentration solution... 

Yanfolila ramp-up sees 9 912 oz of gold poured in March

By: Schalk Burger     30th April 2018 Aim-listed West African gold producer Hummingbird Resources has successfully ramped up gold production at its opencast Yanfolila mine and plant, in Mali, with 9 912 oz poured in March. The Yanfolila project produced 18 785 oz of gold in the quarter ended March 31, with the mine and plant... 

Newfield Resources’ acquisition of Stellar Diamonds clears all hurdles

By: Marleny Arnoldi     25th April 2018 With all conditions for the proposed acquisition by Australian diversified exploration company Newfield Resources of Aim-listed Stellar Diamonds, now met, the acquisition will become effective from April 26.  

Altus raises C$4.11m in private placement

By: Creamer Media Reporter      18th April 2018 Aim-listed Altus Strategies has raised about C$4.11-million by way of a nonbrokered private placement of 27.39-million units at C$0.15 each. Each unit is comprised of one ordinary share and one ordinary share purchase warrant that may be used to buy one ordinary Altus share at C$0.30 for five... 

Mining in sub-Saharan Africa region to remain riskiest globally – BMI

By: Simone Liedtke     11th April 2018 Sub-Saharan Africa’s mining sector will remain the riskiest in the world over the coming quarters as regulatory uncertainty rises in various markets across the region, says BMI Research. In addition to increasing regulatory uncertainty, the region will also witness challenges stemming from... 

Avesoro achieves record production at Liberia, Burkina Faso mines in March quarter

By: Marleny Arnoldi     9th April 2018 West African gold producer Avesoro Resources achieved record production at its New Liberty gold mine, in Liberia, and its Youga and Balogo gold mines, in Burkina Faso, in the quarter ended March 31. 

Alliance-Tawana merger to create midtier lithium producer

By: Esmarie Iannucci     5th April 2018 ASX-listed Tawana Resources on Thursday announced a merger with its joint venture (JV) partner Alliance Mineral Assets to create a mid-tier lithium producer with a market cap of A$446-million. Under the terms of the merger agreement, Alliance will acquire all the issued shares of Tawana for 1.10... 

Tawana zones in on Bald Hill, spins off remaining assets

By: Esmarie Iannucci     22nd March 2018 Lithium miner Tawana Resources has announced the spin-out of its Cowan and Yallari lithium projects, in Western Australia, and the Mofe Creek iron-ore asset, in Liberia, into a separate entity. Tawana told shareholders on Thursday that an ASX-listing for the new company would not be initially... 

Avesoro set to acquire $10.3m in heavy mining equipment

By: Natasha Odendaal     22nd February 2018 TSX- and Aim-listed Avesoro Resources’ Bea Mountain Mining subsidiary has entered into equipment finance agreements to acquire $10.3-million in heavy mining and additional auxiliary equipment for the New Liberty gold mine, in Liberia. The equipment finance facility agreements with Mapa İnşaat ve... 

Mugabe's fall has veteran miners jockeying for Zimbabwe comeback

By: Bloomberg     13th February 2018 Robert Mugabe’s fall as Zimbabwe president is setting the scene for the return of a London mining listing for Andrew Groves and his long-term business partner – and former England cricketer – Phil Edmonds. Groves is preparing to relist the pair’s Zimbabwe coal, chrome and gold assets in London... 

West African gold explorer lists in Australia

By: Mia Breytenbach     26th January 2018 West African gold developer and explorer Tietto Minerals started trading on the Australian Stock Exchange earlier this month, following its successful initial public offer (IPO) that raised A$6-million from institutional and high net worth investors, including two global resources funds. The... 

Altus completes Phase 1 exploration at Liberia mine

By: Anine Kilian     24th January 2018 Aim-listed copper ores company Altus Strategies recently completed the first phase of an exploration programme at its 100% owned, 466 km2 Zolowo gold project, in Lofa County, north-western Liberia. Initial reconnaissance has identified over 50 alluvial gold mining sites; the largest mining site... 

Avesoro well-positioned to increase production levels, continue exploration

By: Megan van Wyngaardt     24th January 2018 Dual-listed Avesoro Resources expects to produce between 220 000 oz and 240 000 oz of gold this year, a 25% year-on-year increase, as significant additional ounces delineated by drilling along strike from current mining operations at the Youga gold mine, in Burkina Faso, would be added. The West... 

West African gold explorer lists in Australia

By: Mia Breytenbach     18th January 2018 West African gold developer and explorer Tietto Minerals started trading on the ASX on Thursday, following its successful initial public offer (IPO) that raised A$6-million from institutional and high net worth investors, including two global resources funds. The company issued 30-million shares... 

Avesoro reports strong production results

By: Anine Kilian     10th January 2018 Dual-listed West African gold producer Avesoro Resources has reported total yearly gold production for 2017 of 192 072 oz, well ahead of its production guidance of 70 000 oz to 80 000 oz. The company’s New Liberty gold mine in Liberia produced 25 563 oz of gold in the fourth quarter, a 29%... 

Avesoro Resources completes acquisition of West African gold mines

By: Megan van Wyngaardt     19th December 2017 Dual-listed West African gold producer Avesoro Resources has completed its acquisition of the Youga gold mine and Balogo gold mine from Avesoro Jersey, while a concurrent placing of new common shares raised £15.2-million This completion represents a transformational acquisition for the Company... 

Avesoro set to acquire $17.1m in heavy mining equipment

By: Natasha Odendaal     12th December 2017 TSX- and Aim-listed Avesoro Resources’ Bea Mountain Mining subsidiary has entered into finance agreements to acquire $17.1-million in heavy mining and additional auxiliary equipment for New Liberty gold mine, in Liberia. The equipment finance facility agreements with Mapa İnşaat ve Ticaret AŞ... 

Agromining may provide new opportunities to extract remaining value from mined land

By: Mia Breytenbach     24th November 2017 With a significant portion of large mineral deposits having been discovered worldwide, and, in many cases, reaching the end of viable economic recovery, phytomining is one option that could be chosen to extract the remaining value from this mined ground, Florida International University... 

Agromining may provide new opportunities to extract remaining value from mined land

By: Mia Breytenbach     24th November 2017 With a significant portion of the large mineral deposits having been discovered worldwide, and in many cases reaching the end of viable economic recovery, phytomining is one option that could be chosen to extract the remaining value from this mined ground, Florida International University... 

Danakali board approves dual listing plans

By: Mariaan Webb     21st November 2017 Potash junior Danakali on Tuesday announced its intention to list on the LSE next year, becoming the second ASX-listed exploration and development firm to announce a dual listing in London this week. Danakali said its dual listing, planned for the first half of 2018, was in line with its equity... 

Avesoro has positive outlook for year-end

By: Megan van Wyngaardt     13th November 2017 TSX- and Aim-listed West African gold producer Avesoro Resources, which operates the New Liberty mine, in Liberia, produced 19 885 oz of gold in the third quarter ended September 30. This was 26% higher quarter-on-quarter and 38% higher year-on-year, with the company on track to reach its guided... 

Opportunities persist in sub-Saharan Africa, despite unfavourable mining sector

10th November 2017 Opportunities remain in sub-Saharan Africa (SSA), despite a spate of regulatory changes and policy uncertainty across major mining countries in the region eroding investor sentiment, highlighting the region’s mining sector as the riskiest in the world, according to Fitch-affiliated BMI. The... 

New merger boosts offering for Africa’s mining industry

By: Tasneem Bulbulia     10th November 2017 Multinational consulting, engineering and project management firm Amec Foster Wheeler has merged with industrial facilities specialist Wood Group to form a new company – Wood – that will specialise in the delivery of project, engineering and technical services in the energy and industrial... 

First
Prev
1
2 3 4 5 6 7 8 9 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
Free daily email newsletter Register Now
Register Close