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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

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

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

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

Decline in new mining projects

Last year saw a decline in the number of new mining projects worldwide, with Africa contributing 29% of the total, although these projects were small, on average, compared with the global norm, says global financial information provider SNL Metals...
11th July 2014


Tenders for work in the rest of Africa excluding South Africa
4th July 2014

‘Hot spot’ Ivory Coast may host next new Randgold mine Video Available

Randgold CEO Mark Bristow (left) and Mining Weekly's Martin Creamer  Under-explored Ivory Coast, which has just introduced what is seen as the most investor-friendly mining code in Africa, may become the site of the sixth mine that the London- and Nasdaq-listed Randgold Resources will build on the continent....
3rd July 2014

Grande Côte mineral sands project, Senegal Restricted

Mineral Deposits has reported that the ramp-up of its Grande Côte project, in Senegal, is advancing ahead of design.
27th June 2014

Endeavour starts underground mining at Segala

Dual-listed gold major Endeavour Mining has started production at its Segala underground operation, which forms part of the Tabakoto gold mine, in Mali. “Segala provides the Tabakoto plant with another source of higher grade ore. Add to that the...
26th June 2014

Bassari's Senegal gold project proves profitable

Junior company Bassari Resources on Thursday reported that its Makabingui gold project, in Senegal, will require a $12-million capital investment to allow for the mining of about 171 000 oz of gold, a feasibility study has found. The study...
26th June 2014

Mineral Deposits ramps up Senegal plant

ASX-listed mineral sands miner Mineral Deposits on Monday reported that the ramp-up of its Grande Cote project, in Senegal, was advancing ahead of design. Mining at the project first started in late March this year, with sand being processed...
23rd June 2014
Mine Profile

Tabakoto mine

A gold mine located in western Mali, about 360 km west of the capital, Bamako.
20th June 2014
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