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Topic - Burkina Faso
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Sep 03, 2015
Advisory firm PricewaterhouseCoopers (PwC) has warned African nations against overtaxing investments in the resources sector. Launching a new report on the second day of the Africa Downunder conference, PwC African practice leader and resource sector partner Ben...
Aug 25, 2015
Construction is progressing rapidly at True Gold's $131.5-million Karma project, in Burkina Faso, with construction about 62% complete. The West-Africa-focused project developer said on Monday that the community liaison committee, the critical communication channel...
Aug 24, 2015
Aim-listed Avocet Mining has adjusted its expected full-year gold output downwards to between 75 000 oz and 80 000 oz of gold, while it mulls options of repaying loans due to an affiliate of its largest shareholder Elliott Associates. The weak gold market and the...
Aug 04, 2015
Aim-listed Avocet Mining has drawn down further funds under the third Elliott loan facility of about $2.4-million, agreed with Manchester Securities, an affiliate of the company's largest shareholder Elliott Management Corporation. The funds would be used to meet...
Jul 31, 2015
West Africa-focused gold producer Endeavour Mining has increased its second-quarter profit on the back of sharply lower costs and record output, despite a lower average realised price for the yellow metal. The Vancouver-based company with four operating gold mines...
Jul 27, 2015
After the successful start-up of mining at the Gokona underground project, at London-headquartered Acacia Mining’s developing North Mara mine, in Tanzania, the group has lifted gold output for the six months ended June 30 by 6%, producing 367 301 oz and selling 355...
Jul 17, 2015
Fostering skills development will be key in achieving Taiwan-based machine tools company Yinsh Precision Industrial Company’s vision to expand its business to more European countries and explore the possibility of doing business in Africa.
Jul 13, 2015
The Karma gold project, in Burkina Faso, was in full construction mode with site development rapidly progressing since its restart in May, Canadian project developer True Gold Mining said on Monday. Construction of the $131.5-million project remained on schedule for...
Jul 10, 2015
Jul 06, 2015
Jul 03, 2015
Jun 23, 2015
 
 
 
Jun 22, 2015
TSX-V-listed project developer True Gold on Monday strengthened its management team by appointing David Laing as COO to oversee the technical completion of construction and the transition into production at the company’s Karma project, in Burkina Faso. Laing joined...
Jun 17, 2015
Canadian project developer True Gold Mining, which is building the $131.5-million Karma gold project, in Burkina Faso, has ramped up construction at the mine and is on schedule for first gold pour by March 2016. The West Africa-focused company restarted construction...
Jun 08, 2015
This month’s report includes details of the restart of construction at Canadian project developer True Gold’s flagship Karma gold project, in Burkina Faso; the Ghanaian government’s approval of Perseus Mining’s plans to extend mining operations at its Edikan gold...
Jun 01, 2015
Degrémont and all companies of the Group now operate under the brand SUEZ environnement and continues to expand winning six new contracts in Africa. Degrémont has strengthened its presence in Africa, winning four new water treatment plant construction and...
May 29, 2015
TORONTO (miningweekly.com) – Canadian project developer True Gold has reinforced its Burkina Faso-based development and operations team that will be responsible for completing the construction of the Karma gold mine, as well as subsequent operations and ongoing...
May 27, 2015
WHEN  Lebo Joe Theko joined a giant  biotechnology company Monsanto South Africa 25 years ago, it had a fleet of 20 vehicles. Little did the young procurement officer know then that the fleet would grow to ten times that number and, furthermore, that he would one day...
May 22, 2015
While economic forecasts for the African continent are most favourable, African airlines may not be able to benefit from the expected growth in the region’s gross domestic product (GDP), International Air Transport Association VP: Africa Raphael Kuuchi has warned....
May 21, 2015
Aim-listed Avocet Mining produced 17 011 oz for the first quarter of the year, at a cash cost of $1 113/oz. This was lower than the company’s fourth quarter 2014 results, when it produced 19 503 oz at a cash cost of $1 052/oz, owing to a number of factors. Ore...
May 19, 2015
Following a hiatus of several months, Canadian project developer True Gold on Tuesday announced that it had restarted construction of its flagship Karma gold project, in Burkina Faso, with the aim of pouring first gold in March next year. The Vancouver-based firm...
May 19, 2015
A 775 km rural fibre-optic backbone network, connecting Ghana’s rural areas and major towns to expand communication access, has been completed, Alcatel-Lucent announced on Tuesday. The Eastern corridor rural fibre-optic backbone project, designed and deployed by...
 
 
 
 
May 08, 2015
Largely unnoticed, air freight has come to have a pervasive influence on the lives of people, the prosperity of enterprises and the growth of nations. “Look around any household and you will see the influence of air cargo,” International Air Transport Association...
May 08, 2015
Largely unnoticed, air freight has come to have a pervasive influence on the lives of people, the prosperity of enterprises and the growth of nations. “Look around any household and you will see the influence of air cargo,” International Air Transport Association...
May 06, 2015
Canadian gold miner Iamgold after market close on Tuesday reported lower than expected headline earnings, higher cost of sales and lower prices offseting improved sales for the three months ended March 31. The company’s NYSE-listed stock traded down 7.24% on...
Apr 30, 2015
The Ivorian Ministry of Economic Infrastructure has awarded construction company Louis Berger a $1.76-million construction supervision contract for two roads in Côte d'Ivoire.
Apr 24, 2015
Canadian exploration company Savary Gold has started a 15 000 m drill programme at its Karankasso project, in Burkina Faso. The project was a joint venture between Savary and West Africa-focused gold explorer Sarama Resources.
Apr 22, 2015
Diversified low-cost gold producer Nordgold, which operates in Africa and Europe, on Tuesday reported that its gold output for the quarter ended March 31, at 266 000 oz, was 26% higher year-on-year. The company added that seven of its nine mines had achieved a...
Apr 15, 2015
One of BioTherm's existing SA projects
South African independent power producer BioTherm Energy has confirmed that three of its renewable-energy projects, with a combined capacity of 251 MW, were named as preferred bids during the fourth bid window under South Africa’s Renewable Energy Independent Power...
Apr 10, 2015
London-listed Acacia Mining has expanded its footprint in the prospective Houndé greenstone belt, in Burkina Faso, through the signing of two further earn-in agreements with Sydney-listed Canyon Resources and Toronto-listed Thor Explorations. The agreement with Thor...
Apr 10, 2015
Degrémont has strengthened its presence in Africa, winning four new water treatment plant construction and refurbishment contracts worth a total of €40 million. Degrémont CEO, Rémi Lantier, commented: “We are delighted to be able to support the development of...
Apr 10, 2015
ASX- and TSX-listed gold miner Endeavour Mining reported on Friday that it was on track to deliver a full-year production of between 475 000 oz and 500 000 oz, as gold production during the first quarter of 2015 moved apace. During the quarter ended March, Endeavour...
 
 
 
 
Apr 08, 2015
Infrastructure development and expansion in Africa’s fastest growing economies lags far behind the growth rate of populations in those countries, particularly the middle class, which is expected to grow to more than half a billion people in 2030.  Water supply is...
Apr 07, 2015
Infrastructure development and expansion in Africa’s fastest growing economies lags far behind the growth rate of populations in those countries, particularlythe middle class, which is expected to grow to more than half a billion people in 2030.Water supply is...
Apr 02, 2015
Diversified gold producer Nord Gold has grown its ore reserves by 3% to 13-million ounces since 2012, despite the depletion of 2.3-million ounces during its 2013/14 exploration programmes. The London-listed group outlined in an exploration, mineral resources and ore...
Mar 26, 2015
Thursday saw a slew of new senior executive appointments by several Canadian mining companies. West Africa-focused True Gold said it had appointed Christian Milau its new president and CEO, effective from April 27. The company, which was currently focused on...
Mar 19, 2015
Precious metals streaming firm Sandstorm Gold on Wednesday reported that fourth-quarter and year-end earnings were back in the black as reduced administrative costs and no significant special items boosted the bottom line. For the three months ended December 31, net...
Mar 13, 2015
GMOS South Africa has grown 2.7-million hectares of maize, soya and cotton crops in 2014
In the field of biotechnology (biotech), South Africa is the leader in Africa, having realised an economic gain of $1.15-billion between 1998 and 2012 from the use of genetically modified (GM) crops or biotech crops.
Mar 11, 2015
ASX- and TSX-listed Endeavour Mining has renewed a $350-million revolving credit facility which has funded the construction of the Agbaou mine, in Cote d’Ivoire. CEO Neil Woodyer said on Wednesday that by renewing the revolving credit facility and extending the...
Mar 03, 2015
Damages to equipment and site infrastructure, sustained during a violent protest by local communities at Canadian project developer True Gold's Karma project, in Burkina Faso, in January, amounted to about $6.1-million. The Vancouver-based company on Monday said it...
Feb 28, 2015
Canadian gold producer Endeavour Mining has reported a significantly wider net loss for the three months ended December, as notable impairment charges on its Tabakoto mine, in Mali, weighed on financials. The ASX- and TSX-listed company on Thursday reported a net...
Feb 26, 2015
West Africa-focused gold producer Endeavour Mining has filed an ‘early warning report’, as required by National Instrument 62-103, after increasing its holdings in Mali-focused explorer Legend Gold to about 18.75%. Vancouver-based Endeavour had received a further...
 
 
 
 
Feb 24, 2015
TSX-listed Semafo has completed the replacement of the shell of the semi-autogenous grinding mill at the Mana mine, in Burkina Faso. Despite the shutdown between January 19 and February 23, the miner reported on Tuesday that it still produced 22 220 oz of gold,...
Feb 24, 2015
In the field of biotechnology (biotech), South Africa is the leader in Africa, having realised an economic gain of $1.15-billion between 1998 and 2012 from the use of genetically modified (GM) crops or biotech crops.
Feb 24, 2015
Feb 23, 2015
The Mankarga 5 gold project, in Burkina Faso, would require a capital investment of about A$46.6-million, owner West African Resources said on Monday, announcing the results of a prefeasibility study (PFS). The ASX- and TSX-listed company revealed that the project...
Feb 20, 2015
A 34% increase in the estimated mineral reserve at Houndé project, in Burkina Faso, has resulted in greater output expectations and a longer mine life, owner Endeavour Mining revealed on Friday. The ASX- and TSX-listed miner said that an expansion of the Vindaloo...
 
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