First ore expected in May and first gold pour in June...

TSX-listed SEMAFO has announced that commissioning of the Boungou mine process plant is underway, with the first ore scheduled to be introduced to the mill circuit by month-end.
Desert Lion

Dundee Precious Metals undertakes empowerment transaction in Namibia

Dundee Precious Metals' Namibian subsidiary, Dundee Precious Metals Tsumeb, has entered into an agreement with Namibian black-empowered investment vehicle, Greyhorse Mining, to transfer 8% of its shares to the investment vehicle to aid previously disadvantaged Namibians.

Harmony Gold reports fatality at Moab Khotsong

Harmony Gold Mining Company regrets to advise that one of its employees was fatally injured in a shaft ore pass incident and succumbed to his injuries at its Moab Khotsong mine near Orkney in the North West Province this morning.

Gold 2048: The next 30 years and the role of Africa

Emerging markets have been behind the biggest economic shift in recent times. In terms of purchasing power parity, they lifted their share by nearly 23 percentage points to 58.7% between 1980 and 2017, according to the World Bank.

Avesoro Resources completes infill drilling at New Liberty

Avesoro Resources has reported the final assay results from its 55 hole New Liberty infill drilling programme. The 19 500 m programme was completed in Q1, 2018 and is designed to upgrade a proportion of 275 koz of existing inferred mineral resource.
Shanta Gold

Solar hybrid energy curbs costs for Shanta Gold

With electricity accounting for about 60% of the processing costs of AIM-listed gold producer Shanta Gold’s New Luika mine in Tanzania, greater emphasis has been placed on creating a leaner cost structure, not only at the mine but throughout the company.

Roxgold delivers record production and cash flow for Q1, 2018

TSX-listed Roxgold has reported that 40,050 ounces of gold were sold with revenue from gold sales totalling $53,226,000. Revenues increased by 24% compared to Q1, 2017 as volume increased by 14%.

Mantashe sets out vision for DMR and doesn’t hold back

Never one to mince his words DMR Minister, Gwede Mantashe, has lambasted the status quo with regards to his department being rife and stalled by corruption and endless loops of red-tape when trying to get mining projects up and running.
Toro Gold

Toro Gold settles into steady operations

Following a first gold pour in January 2018 Toro Gold has reported figures for the first three months of production at its 90% owned Mako gold mine in Senegal.

Caledonia Mining: central shaft key to long term value

Caledonia Mining has announced its operating and financial results for the first quarter of 2018. Gold production in the quarter was 12,924 oz, marginally higher than the first quarter of 2017 and in-line with expectations. 

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