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MINERAL SANDS

Impellor failures see MDL suspend Senegal mine ops

Mineral sands miner Mineral Deposits Limited (MDL) has suspended operations at its Grande Côte mine, in Senegal, following the failure of successive impellors within the main dredge pump. The miner said on Wednesday that the operation would...
20th August 2014
 
GOLD

Bassari identifies cost savings at Makabingui

Junior gold developer Bassari Resources has identified potential cost reductions in capital and operating expenditure at its Makabingui gold project, in Senegal. The company reported on Wednesday that it had identified significant improvements to...
20th August 2014
 
Mine Profile

Sabodala mine

A gold mine, located 650 km east of the Senegalese capital, Dakar.
15th August 2014
 
GOLD

Bassari signs refining agreement for Senegal gold

Junior gold developer Bassari Resources has entered into a gold refining agreement with refiner TCA SPA for its Makabingui project, in Senegal. “Securing a gold refining agreement with TCA puts us another step closer to fast-tracking Makabingui...
14th August 2014
 
HEALTH AND SAFETY

Randgold tightens precautions amid Ebola concerns

West Africa-focused gold miner Randgold Resources has moved to implement safety measures as some countries in West Africa were fighting an outbreak of Ebola. Randgold operated four gold mines and had exploration programmes in Mali, Côte...
6th August 2014
 
All

Makabingui gold project, Senegal Restricted

Bassari Resources is considering several options to fund the development of the project.
1st August 2014
 
Gold

West Africa-focused gold miner prioritises community empowerment

MARK BRISTOW The Boyz on Bikes recently raised $1.6-million through their fourth trans-Africa charity bike ride to raise money for Africa’s poor  London- and Nasdaq-listed gold miner Randgold Resources aims to ensure that communities surrounding its mining operations benefit from the proceeds of mining the natural resources, says CEO Mark Bristow. He tells Mining Weekly that the company has...
1st August 2014
 
GOLD

Bassari's Chinese alliance moves Senegal project closer to production

ASX-listed gold developer Bassari Resources has inked a strategic alliance with China’s Vanture International for the supply of processing equipment at the Makabingui gold project, in Senegal. The company told shareholders that the alliance was...
31st July 2014
 
IRON-ORE

Kumba revenue up on rand weakness, dividend maintained

The operational profit of JSE-listed Kumba Iron Ore fell 14% in the six months to June 30 on lower exports and the cost of increased mining activities. But revenue was up mainly on currency weakness and Kumba maintained its interim cash dividend...
22nd July 2014
 
ACQUISITION

Stratex to acquire 33.4% stake in GoldStone Resources

Aim-listed Stratex International has conditionally agreed to acquire up to 33.4% of Aim-listed gold exploration company GoldStone Resources for a consideration of £1.25-million. Stratex said in a statement on Monday that it would buy...
21st July 2014
 
MINERAL SANDS

Grande Côte reports first full production quarter

ASX-listed mineral sands miner Mineral Deposits Limited (MDL) has produced 11 463 t of ilmenite from its 50%-held Grande Côte project, in Senegal, during its first full quarter of production. Construction at Grande Côte was completed in the...
21st July 2014
 
GOLD

Bassari moves to secure funding for Senegal development

Gold hopeful Bassari Resources on Friday announced plans for a fund raising to advance its Makabingui gold project, in Senegal. The company said that it had received commitments from sophisticated and institutional investors, which included...
18th July 2014
 
 
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