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Hummingbird Resources, the West African-focused gold development company, has extended its $15 million bridge facility with Taurus Mining Finance Fund for six months. Read more about 'MALI: Hummingbird extends $15 million bridge facility'...
KEFI Minerals says its Tulu Kapi gold project in Ethiopia remains on track for financing in mid-2016 and for production by the end of 2017. Read more about 'ETHIOPIA: Tulu Kapi on track for mid-year financing'...
Edenville Energy, which is developing a coal-to-power project in southwest Tanzania, has reported that its Mining Licence (ML 562/2016) has been formally released by the Tanzanian Ministry of Energy and Mines. Read more about 'TANZANIA: Mkomolo mining licence granted'...
Aureus Mining has declared commercial production at the New Liberty gold mine in Liberia. Gold Production at New Liberty exceeded 9000oz during February 2016. Read more about 'LIBERIA: Commercial production starts at New Liberty'...
Opposition from mining companies has helped convince the Democratic Republic of Congo Mines Minister Martin Kabwelulu to drop plans to change the mining code. The DRC is Africa’s largest copper producer. Read more about 'DRC will not change mining code - comment by Yolanda Torrisi'...
Alphamin Resources has reported on the results of its Feasibility Study for its 84.55% owned Bisie tin project in east central Democratic Republic of Congo. Read more about 'DRC: Simple underground operation for Bisie'...
SEMAFO Inc has released a positive feasibility study for its Natougou gold project, located 320 km east of Ouagadougou in Burkina Faso. Read more about 'BURKINA FASO: Positive Natougou feasibility study'...
Amara Mining’s optimised prefeasibility study for its 100% owned Yaoure gold project in Côte d'Ivoire will deliver exceptional results. Read more about 'COTE D’IVOIRE: Yaoure will deliver exceptional results'...
Kibaran Resources says it is poised to finalise project financing for development of its Epanko graphite project in Tanzania after raising $2.0 million via a share placement. Read more about 'TANZANIA: Funding nearly finalised for Epanko'...
Mining companies are still wrestling with the lengthy downturn and the boom times gone bust with China suffering an extended cold period of low growth. Read more about 'Gloom hangs over African mining as China growth slows - comment by Yolanda Torrisi'...
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