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Topic - Burkina Faso
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Apr 28, 2016
ASX-listed junior Vital Metals has launched a scoping study at its Kollo gold deposit, in Burkina Faso, to evaluate the feasibility of an openpit project. MD Mark Strizek said on Thursday that the project provided a compelling near-term development and cash flow...
Apr 22, 2016
The shareholders of Canadian gold producers Endeavour Mining and True Gold have approved the proposed merger of the companies on Thursday, paving the way for the creation of a new West Africa-focused intermediate gold producer, with a portfolio of low-cost producing...
Apr 18, 2016
Gold hopeful Gryphon Minerals on Monday unveiled the potential for an underground operation at its Banfora project, in Burkina Faso. The company told shareholders that recent study work had demonstrated the potential for a future high-grade underground mining...
Apr 13, 2016
Africa-focused gold explorer Sarama Resources has completed the first phase of its $3.5-million 2016 exploration campaign on the 2.1-million-ounce South Houndé gold project, in Burkina Faso. The exploration programme included geochemical and geophysical surveys, as...
Apr 11, 2016
West Africa-focused gold miner Endeavour Gold’s 90%-owned Houndé project, in Burkina Faso, has entered the first phase of construction after the company’s board took a construction decision, the company announced on Monday. The Houndé project was expected to deliver...
Apr 11, 2016
TSX-listed True Gold has achieved first production at its Karma gold mine in Burkina Faso mine, the miner said on Monday. “We are delighted to pass this key milestone at the Karma mine and are now focused on the ramp-up period [aimed at] achieving commercial...
Apr 08, 2016
A steep rise in gold prices may have given hope to a battered mining industry in 2016, but after four tough years producers in Africa are still too wary to call the bad times over. Gold prices surged 15 percent in the first three months of 2016, the biggest quarterly...
Apr 08, 2016
Nonprofit trade and investment promotion organisation the Taiwan External Trade Development Council (Taitra) hosted 25 Taiwanese enterprises in Johannesburg last month to assist in developing relations with local companies.
Apr 01, 2016
Mar 22, 2016
Mar 14, 2016
Mar 14, 2016
 
 
 
Mar 14, 2016
A new platform to support small-scale and distributed renewable-energy projects within sub-Saharan Africa has been launched, with initial targets of getting 150 MW of new generation off the ground over the next five years. The Renewable Energy Performance Platform...
Mar 14, 2016
unior gold developer Gryphon Minerals will be exiting Mauritania after TSX-V-listed Algold Resources exercised an option over Gryphon’s interest in the Tijirit gold and Akjoujt copper/gold projects. Gryphon in October last year signed an option agreement with Algold...
Mar 08, 2016
Canadian project developer True Gold has started irrigating ore on the heap leach pad at its Karma gold project, in Burkina Faso, and reported Tuesday that commissioning of the absorption, desorption and refining plant was well under way. Mining was ahead of...
Mar 04, 2016
The TSX-V-listed stock of Canadian project developer True Gold on Friday spiked 30% to new one-year highs after fellow Canadian miner Endeavour Mining moved to acquire the company for its 90% interest in the Karma project, in Burkina Faso, in an all-scrip deal valued...
Mar 04, 2016
Nigeria’s attempt to revitalise its solid minerals sector as part of a broad strategy to lessen its dependence on oil and gas is yet to produce substantial results, with the sector contributing less than 0.15% to the country’s gross domestic product (GDP) in the past...
Feb 29, 2016
Africa-focused gold producer Endeavour Mining has sold its noncore Youga mine, located about 180 km southeast of Ouagadougou, the capital city of Burkina Faso, for $25.3-million to Turkish explorer and development firm MNG Gold. The total cash price comprised...
Feb 19, 2016
Nonprofit trade organisation Taiwan External Trade Development Council will lead a business delegation of 25 Taiwanese enterprises on a visit to South Africa on March 2, aimed at promoting possible business opportunities between the two countries. The Taiwanese...
Feb 15, 2016
Tanzania-focused gold miner Acacia Mining has posted a $197-million net loss for 2015, on the back of a $189-million impairment charge over its Buzwagi mine. The impairment charge followed a review of the carrying value of the miner’s assets, in light of the lower...
Feb 10, 2016
Canadian gold miner Iamgold has reported a National Instrument 43-101-compliant maiden resource for the Diakha deposit, located on the Siribaya joint-venture (JV) project, in western Mali, West Africa. The Siribaya exploration project is operated by Iamgold under a...
Feb 09, 2016
An independent mineral resource estimate has led to a 40% improvement in the inferred mineral resource at Sarama Resources' South Houndé project, in Burkina Faso, to 2.1-million ounces The oxide component of the inferred mineral resource increased 87% to 500 000 oz.
 
 
 
 
Feb 08, 2016
Gold mining company Acacia Mining is looking to go beyond Tanzania into Kenya and West Africa. Acacia CEO Brad Gordon told the 2016 Investing in African Mining Indaba that the company’s growth had stemmed from a focus on business fundamentals, people and relationships.
Feb 02, 2016
• Allianz brand tops the Insurance Top 50 ranking for third year in a row • Allianz is the only insurer to rank amongst the world’s 50 strongest brands in 2016 • Brand value of Allianz at €18.6bn, up 8.1% from 2015 Allianz has consolidated its position as the most...
Jan 27, 2016
Gold production from unhedged gold mining and exploration company Avocet’s Inata gold mine, in Burkina Faso, has dipped year-on-year, narrowing from 86 037 oz in 2014 to 74 755 oz in 2015. Cash costs for the year under review averaged $1 058/oz – an improvement on...
Jan 26, 2016
LSE-listed Nordgold has met its full-year production guidance – delivering output of 950 000 oz for 2015 – and expects to increase output to 1.01-million ounces in 2016. This came om the back of a 21% quarter-on-quarter increase in production to 241 000 oz for the...
Jan 26, 2016
The gold price is set for a gradual recovery this year, particularly in the second half, driven by improving fundamentals, Thomson Reuters GFMS said in its latest gold survey. The ‘Gold Survey 2015 Q4 Update & Outlook’ report, released on Tuesday, noted that the gold...
Jan 25, 2016
Training is important, particularly in remote areas. In another display of its customer-centric support focus, Multotec undertakes training of customer personnel in situ. According to Javier Kirigin, comminution product manager at Multotec Rubber, this type of...
Jan 12, 2016
Toronto-listed gold producer True Gold has entered into an equipment refinancing facility with precious metal merchant Auramet International for $10-million, the company said on Monday. “This fixed cost equipment loan gives us flexibility to draw funds that can be...
Jan 08, 2016
Reverse circulation drilling at gold developer West African Resources’ Tanlouka project, in Burkina Faso, has delivered the potential to add ounces to its existing heap leach probable ore reserve of 440 000 oz of gold, the company said on Friday. MD Richard Hyde...
Dec 22, 2015
Manganese.
Pan African Minerals, a unit of Romanian-Australian resource tycoon Frank Timis's mining conglomerate, will seek compensation from Burkina Faso for losses incurred during a suspension of its Tambao manganese mine, a company executive said on Tuesday. The West African...
Dec 16, 2015
The Mining Association of Canada (MCA) has recognised eight mining facilities operated by Canadian miners Agnico Eagle Mines, First Quantum Minerals, Iamgold and Teck Resources, for their outstanding performance in the association’s Towards Sustainable Mining (TSM)...
 
 
 
 
Dec 14, 2015
Gold developer West African Resources (WAF) has completed a capital raising of $2.1-million to accelerate the development of high-grade oxide mineralisation at the M1 and M3 prospect, at its 100%-owned Tanlouka gold project, in Burkina Faso. The capital-raising...
Dec 14, 2015
ASX-listed junior West African Resources has raised A$2.1-million through a share placement to accelerate the development of its high-grade oxide mineralisation at the Tanlouka gold project, in Burkina Faso. The company said on Monday that it would issue some...
Dec 01, 2015
Corruption Watch executive director David Lewis
The latest Transparency International report paints a bleak picture on corruption in Africa, with more than half of those surveyed perceiving corruption to be on the rise – and South Africa emerging as one of the worst performers. The African edition of the Global...
Nov 30, 2015
Dual-listed gold miner Endeavour Mining has completed the acquisition of gold investment company La Mancha Holdings’ assets. Endeavour’s shareholders in early November approved a partnership with La Mancha, would see the gold miner acquire La Mancha’s indirect 55%...
Nov 19, 2015
Against the backdrop of gold tumbling to a near six-year low of $1 064/oz this week, West Africa-focused gold producer Endeavour Gold might be forced back to the drawing board to rethink how it will turn a profit from the new-build Houndé project, in Burkina Faso,...
Nov 19, 2015
Alcatel-Lucent, Bytes Systems Integration and the City of Cape Town have teamed up to deploy high-performance Internet protocol (IP) network infrastructure to reduce the cost of broadband in the Western Cape. Alcatel’s advanced IP core routing network technology...
Nov 17, 2015
Although LSE-listed Nordgold’s third-quarter gold output decreased 26% year-on-year to 200 700 oz, owing to an unusually severe wet season in West Africa, plant maintenance work at several mines and the effect of delays in refining doré of 15 000 oz at some of its...
Nov 17, 2015
Economies depend on electricity supplies that are free from interruptions and shortages to enable businesses and factories to be productive and work unimpeded, according to the World Economic Forum Global Competitive Report. However, South Africa’s electricity supply...
Nov 16, 2015
Triple-listed gold miner Endeavour Mining plans to continue with its acquisition spree after integrating the newly acquired La Mancha assets into the company’s portfolio. Endeavour’s shareholders in early November approved a partnership with gold investment company...
Nov 13, 2015
Alcatel-Lucent is to provide the government of Burkina Faso with cloud networking technology that will enable it to develop new digital public services, such as E-government, E-learning and E-health.  Alcatel-Lucent will supply the West African nation with its NFV...
 
 
 
 
Nov 09, 2015
Alcatel-Lucent and NITA (National Information Technology Agency), the ICT policy arm of Ghana’s Ministry of Communications, are celebrating the successful completion of the Eastern corridor rural fibre optic backbone project which will open up communications across...
Nov 06, 2015
The shareholders of ASX- and TSX-listed Endeavour Mining have approved a partnership with gold investment company La Mancha Holding and Naguib Sawiris. Endeavour in September entered into a strategic partnership with La Mancha which would see the gold miner acquire...
Nov 04, 2015
Canadian gold producer Iamgold widened its net loss from continuing operations attributable to equity holders to $85-million, or $0.22 a share, in the third quarter, as lower sales volumes and prices resulted in lower revenues. Excluding special items, the adjusted...
Oct 29, 2015
Junior gold developer Gryphon Minerals has agreed to divest of its Mauritanian assets in favour of focusing on its Banfora gold project, in Burkina Faso. Gryphon on Thursday said it had inked an option agreement with Canada’s Algold Resources, which  would acquire...
Oct 27, 2015
Replacing Ryan Torvik, who had been with the company since the prefeasibility stage of the flagship Karma gold mine, in Burkina Faso, TSX-V-listed True Gold Mining has appointed Peter Hardie as CFO, effective November 2. He would join the company from gold, copper...
 
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