Gold

‘Win-win’ in west Africa

By on September 25, 2014 in Gold with 0 Comments
‘Win-win’ in west Africa

Gold exploration and development company Stratex International has acquired 33,4% of Londonl-listed Goldstone Resources. Goldstone has assets in the west African countries of Ghana, Senegal and Gabon. “This transaction will further Stratex’s strategy of investing in quality opportunities arising in our sector in order to accelerate exploration progress,” says Stratex chairman Christopher Hall. “We beieve […]

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Miner to appeal Niger rejection

By on September 24, 2014 in Gold, Mining with 0 Comments
Miner to appeal Niger rejection

An applications to extend Australian based Middle Island Resources’ permits at Deba and Tialkam, which forms part of the Sirba gold project in Niger, have been turned down by the Niger Minister for Mines. The company was awaiting extensions on the permits so they could complete feasibility studies on the Sefa Nangue and Tialkam South […]

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Recovering gold the artisans leave behind in Kenya

By on September 23, 2014 in Gold with 0 Comments
Recovering gold the artisans leave behind in Kenya

Results from Toronto-listed gold exploration company Stockport’s sampling programme at the company’s 2020km² concessions in the southwest of Kenya showed an average tailings sample of 2,69 grams per ton (g/t) of gold. Local artisanal miners extract gold from quartz rubble generated from near-surface quartz veins. These miners use an unsophisticated small ball crusher and water-based […]

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South Sudan fighting delays gold mining by a year

By on August 16, 2014 in Gold, Mining with 0 Comments
South Sudan fighting delays gold mining by a year

South Sudan will delay the start of gold mining by a year from its planned date in 2016, due to fighting between rival political groups in the world’s newest country, reports Engineering News.   South Sudan is attempting to diversify its economy away from oil by exploiting its gold deposits. It may also have reserves […]

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DR Congo: Kibali focuses on gold recovery rates

By on August 12, 2014 in Gold, Mining with 0 Comments
DR Congo: Kibali focuses on gold recovery rates

The focus of Rangold Resource’s Kibali gold mine in the Democratic Republic of the Congo is on ensuring  the metallurgical plant achieves its designed throughput and recovery rates. Randgold’s CEO Mark Bristow recently told media the secondary sulphide plant had been commissioned and optimised, and the Nzoro hydropower facility was completed, with the first two […]

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Eritrean Mining – Phased start-up to reduce initial capital costs

By on August 11, 2014 in Gold, Mining, Others with 0 Comments
Eritrean Mining – Phased start-up to reduce initial capital costs

The recent signing of the shareholder agreement between Toronto-listed Sunridge Gold and the Eritrean National Mining Corporation has accelerated activities on the Asmara copper- zinc-gold project and the mine is on track to start production in 2015. The Asmara project is to be held and operated by the Asmara Mining Share Company of which Sunridge […]

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Stockport Exploration exporing in Western Kenya

By on August 10, 2014 in Gold, Mining with 0 Comments
Stockport Exploration exporing in Western Kenya

A Canadian firm, Stockport Exploration, is prospecting for gold in Western Kenya. The firm will be working with a service provider to procure equipment and provide managerial services, process tailings and other services. Extraction is expected to start as soon as analysis is completed; it is expected that revenue from Stockport’s operations will only be […]

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South African engineers win Mali gold mine contract

By on August 7, 2014 in Gold, Mining, Power with 0 Comments
South African engineers win Mali gold mine contract

Gold and exploration company Hummingbird Resources has appointed South African project management firm Senet as engineers for its processing plant and associated infrastructure at its Yanfolila gold project in Mali. Senet has extensive west African experience, as well as over three years on the Yanfolila project for Gold Fields before Hummingbird took it over. According […]

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Liberia’s first gold mine on schedule

By on August 6, 2014 in Gold, Mining, Power with 0 Comments
Liberia’s first gold mine on schedule

About 70% of development at Liberia’s first gold mine is complete and the mine is on track to start producing in March next year. This is according to David Reading, CEO of Aureus Mining, the London-listed company that owns the New Liberty Gold project in the north-west of Liberia, about 80km from the capital of […]

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Goldplat’s recovery on hold in Ghana

By on July 12, 2014 in Gold, Mining with 0 Comments
Goldplat’s recovery on hold in Ghana

As part of the Ghanaian Government’s effort to legalise all mining operations in Ghana, the Environmental Protection Agency (EPA) continues to put pressure on better regulation of the mining industry. The drive from the EPA has led to a change in regulating on toll-treatment at third-party processors. As a result, gold recovery company Goldplat’s agreement […]

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