Africa Top Stories

Anglo American to restart operations at Minas Rio before year-end

Operations will resume before year end, but a planned ramp-up…

Mining at Gold Road and Gold Fields JV in Australia to start next month

Overall project engineering at the 270,000 ounce-a-year Guyere gold project,…

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London Mining makes first shipment from Sierra Leone

Junior miner London Mining’s stocks (LON:LOND) went up almost five per cent today as the company announced two major milestones: the first shipment of iron ore from its Marampa project in Sierra Leone and the commencement of production of coking coal in Colombia.

Argus receives title and uranium licence for the large-scale, drill-ready Kaituma uranium/gold project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 31, 2012) - Argus Metals Corp. (the "Company" or "Argus") (TSX VENTURE:AML) reports that the Guyana Geology and Mines Commission has granted and signed Argus' PL29/2011 licence. This licence allows for the exploration of uranium, gold and precious elements. PL29/2011 is west of, and contiguous with Argus' PL53/2009 licence, which also allows for the exploration of uranium, gold and precious elements. With PL29/2011 in place, Argus now holds the full 10 x 1 kilometre extent of the Kaituma uranium target and plans to execute a drill program on the project as soon as technically and financially feasible.

Endeavour Mining reports Q4 and full year 2011 gold production and 2012 guidance for production, development and exploration

Endeavour Mining Corporation ("Endeavour" or the "Corporation") (TSX:EDV, ASX:EVR) is pleased to announce it met 2011 production targets with Q4 gold production of 24,010 ounces from its Nzema operations in Ghana and 21,586 ounces from its Youga operations in Burkina Faso. Total annual production for 2011 was 177,290 ounces of gold at a cash cost per ounce of $614 (excluding royalties), comprised of 90,026 ounces from Nzema and 87,264 ounces from Youga

Dr Caterpillar’s (excellent) prognosis for mining

With revenues of $60 billion last year and operations at the ends of the earth, few companies are in a better position to take the pulse of the global economy and the resource sector than Caterpillar. But what is it saying about the outlook for 2012?