Liberia gold project has ‘strong economics’ – African Aura

West Africa-focused African Aura is studying the feasibility of building Liberia’s first operating gold mine, producing at least 100 000 oz/y in the first five years. “New Liberty is on the cusp of becoming a very significant gold operation...

African Aura to separate iron-ore, gold assets

Share in TSX Venture Exchange- and Aim-listed African Aura Mining responded positively on Monday to news an announcement that it planned to separate its gold and iron-ore assets in Western Africa. African Aura's share price rose with over 5% to a...

African Aura sees potential for significant iron-ore project in Cameroon

West Africa-focused African Aura Mining reported on Tuesday that it had intersected significant widths of hematite and magnetite banded iron formation mineralisation at its Nkout project, in southern Cameroon. Luis da Silva, president and CEO of...

Liberia grants African Aura licence to build $2,5bn iron-ore mine

Sub-Saharan Africa-focused exploration company African Aura Mining expects to spend up to $2,5-billion on developing its Putu iron-ore project, in Liberia, for which it was granted a mineral development agreement (MDA) on Wednesday. The MDA,...

African Aura may consider splitting iron-ore, gold

Aim- and TSX-listed African Aura Mining could potentially look at splitting its African iron-ore and gold assets into separate companies, CEO Luis da Silva has indicated. Answering questions at a Toronto investment seminar hosted by Proactive...

African Aura to complete Cameroon gold study in 2011

West Africa-focused African Aura Mining plans to deliver a definitive feasibility study for its New Liberty gold project, in Cameroon, during the first half of next year. The TSX Venture Exchange and Aim-listed company told shareholders in a...

African Aura raises £11m for Liberia, Cameroon projects

West-Africa focused African Aura Mining on Wednesday raised £11,3-million, or about $17,5-million, in a share placement that would ensure that all of its iron-ore and gold assets in Liberia and Cameroon would be fully funded over the coming 14...

African Aura aims to expand Liberia gold resource base

Aim- and TSX Venture exchange-listed African Aura Mining would, in 2010, undertake a 4 000 m diamond drilling programme at its Weaju gold project, in Liberia, to further expand and define the resource on its Bea Mountain mining licence, it...

Diamond drilling 
programme to start 
in Liberia

Exploration to production company African Aura Mining has announced the start of a two-rig, 10 000-m diamond-drill programme at the company’s New Liberty gold deposit, in western Liberia.

Daily podcast – August 3, 2009

In today's podcast: Mano River announces an initial independent mineral resource estimate of 1,08-billion tons of iron-ore at its 38,5%-owned project in Liberia; and a formal public consultation period has begun on Coro Mining's San Jorge project.

Mano announces 1-billion ton iron-ore resource in Liberia

TSX Venture Exchange- and Aim-listed Mano River on Monday announced an initial independent mineral resource estimate of 1,08-billion tons of iron-ore at its 38,5%-owned project in Liberia. Russian steelmaker Severstal’s mining subsidiary owns...

Mano River appoints Severstal representative to board

TSX- and Aim-listed Mano River Resources has appointed Kirill Zimin to its board of directors. Zimin has been elected to the board as a representative of vertically integrated metals and mining company Severstal Resources, following the...