Hassaï mine, Sudan

A gold mine situated in Sudan.

La Mancha’s Sudan mine ‘unaffected’ by turmoil, auction proceeding

Gold miner La Mancha on Tuesday said fighting between Sudan, where its flagship Hassai mining complex is located, and South Sudan has had no effect on the company’s mining activities. The Hassai gold operation had not lost a day of production...

African Barrick Gold sees deal options in 2012

African Barrick Gold (ABG) sees increased opportunities for deals in Africa as asset prices ease and potential sellers begin to consider their options in the face of a still-uncertain economic outlook, the mining company said on Tuesday. ABG, a...

La Mancha puts up for sale sign

Gold miner La Mancha has put itself up for auction, and is already talking to potential buyers, the Areva subsidiary said on Wednesday. Its 63% shareholder said earlier this year it aimed to sell around $1.56-billion worth of assets by 2013, in...

SRK preparing for surging African demand

The wellspring of one of the world’s largest mining-focused professional practices – SRK Consulting South Africa – is preparing itself for an exponential increase in demand from the continent of Africa, where it has operated highly...

La Mancha 2011 gold output flat

La Mancha Resources, the gold producer owned by French nuclear giant Areva, said it produced 121 446 oz of the precious metal in 2011, slightly less than the previous year, after the political crisis following Côte d'Ivoire’s elections closed...

London Mining JV partner files $650m counterclaim

Aim-listed London Mining on Monday slammed a $650-million lawsuit by joint venture partner Wits Basin Precious Minerals as a tactic to avoid repaying its loan. Wits Basin has filed an answer and counterclaim in a Minnesota court, in the US,...

La Mancha eyes majority ownership of Sudanese gold mine

Areva unit La Mancha is hoping to secure at least a 51% stake in its 40%-held Hassai gold mine in Sudan through negotiations underway with the government, which owns the rest, the company said on Wednesday. The company is in talks with Sudan...

Africa rich with mineral resources, projects prosper

Africa is a source of various mineral resources, most of which have yet to be exploited. As a result, the continent has attracted the attention of international mining companies that seek to take advantage of this abundant wealth.

Nevsun not fretting over Eritrea sanction threats

Nevsun Resources, the Eritrea-focused gold miner that dropped 17% on Wednesday on fears proposed sanctions for the Horn of Africa state would harm its business, said this week the move would not likely be successful and would “starve the people...

Hassaï gold mine volcanogenic massive sulphide project, Sudan

The current plan to expand the mine will involve developing these deposits in two separate phases.

Operating in remote areas requires robust, but simple, systems

Mining companies operating in Africa had to tackle organisational challenges associated with remote operations, along with cultural, logistical and legal complexities, mining software solutions provider Scope Systems said. “I think the biggest...