Fortuna to build on Roxgold’s solid West Africa foundation
Mining News Pro - Canadian miners Fortuna Silver Mines and Roxgold have successfully completed their business combination, creating a global intermediate gold and silver with four operating mines and a permitted development project.
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Visit: 590
West Africa judge finds Guinea guilty of 2012 mine site killings
Mining News Pro - West Africa’s top court ruled on Tuesday that Guinea was responsible for the death of six villagers and the illegal arrest, injury or torture of 15 others during a 2012 protest near an iron ore project owned by Vale and BSG Resources.
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Visit: 658
West African repays debt
Mining News Pro - Gold miner West African Resources has completed an early repayment of its $25-million debt finance facility with Taurus Funds Management.
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Visit: 529
West African`s production up by 40%
Mining News Pro - Gold miner West African Resources has reported a 40% increase in gold production for the three months to September, as ramp-up at its 90% held Sanbrado operation, in Burkina Faso, continued.
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Visit: 615
Endeavour becomes West Africa’s top gold miner
Mining News Pro - Canada’s Endeavour Mining said on Thursday it had completed the C$1 billion ($732 million) acquisition of smaller rival Semafo, which has created West Africa’s top gold producer.
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Visit: 806
Sasol revamp to cut jobs, end West African oil ops
Mining News Pro - South Africa`s Sasol plans to cut jobs and end West African oil operations as part of a business revamp, the petrochemicals producer said on Thursday, adding it had also agreed a deal with lenders to relax borrowing rules.
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Visit: 729
Endeavour buys Semafo, creates one of West Africa’s top gold miners
Mining News Pro - Canada’s Endeavour Mining gave markets a welcome break from Covid-19-related news on Monday by announcing the acquisition of smaller rival Semafo in a C$1 billion ($691 million) deal.
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Visit: 698
First gold poured at West Africa’s ‘next Tier 1 gold asset’
Mining News Pro - West African Resources has poured first gold at the Sanbrado gold project in Burkina Faso, with the bars weighing 23.9 kilograms.
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Visit: 685
Global Exploration Snapshot: The Americas, West Africa and Australasia remain popular
Mining News Pro - While gold miners have been making substantial profits in recent quarters thanks to rising gold prices and better operational and financial discipline, they continue to seek new ounces via the drill bit to fill their production pipeline. A look at eight majors and juniors exploring for gold worldwide.
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Visit: 929