Perseus Mining has approved the construction of its third gold mine, the Yaouré gold project in Côte d’Ivoire.
Ausdrill subsidiary African Mining Services (AMS) has been awarded an $US88 million ($123 million) contract extension with Ghana Manganese Company.
Gold-focused Perseus Mining has chosen Lycopodium to supply engineering and supply works at the Yaouré gold project in Côte d’Ivoire, West Africa, in a $US95.1 million ($132.3 million) deal.
African Underground Mining Services (AUMS) has been awarded a $US375 million ($529 million) underground mining services contract at AngloGold Ashanti’s historic Obuasi gold project in Ghana, West Africa.
Cardinal Resources has received a $25 million in funds from investment firm Sprott for the Namdini gold project in Ghana, West Africa.
Perseus Mining’s transformation into a multi-mine West African gold company has gone to plan so far in 2018.
Resolute Mining has implemented a gold hedge following sales of 72,000 ounces of gold at an average price of $1715 per ounce, representing a premium over its budget $1600 price.
An orientation visit by Castle Minerals at the Coolyia Creek project’s Mt Roe and Hardey conglomerates in Western Australia has confirmed extensive gold mineralisation that is “more widespread than expected”, according to the company’s managing director.
Azumah Resources has secured an earn-in agreement worth around $17 million at the Wa gold project in Ghana.
African Underground Mining Services (AUMS), a joint venture between Ausdrill and Barminco, has secured a $US280 million ($371.5 million) contract at the Ahafo gold complex in Ghana, West Africa with Newmont Mining.
Gulf Industrials has entered a joint venture agreement with Cassius Mining for the Bolgatanga gold exploration project in Ghana.
Ausdrill subsidiary African Mining Services (AMS) has signed a contract with Perseus Mining for added mining works at Ghana’s Edikan Gold Mine.
Security at AngloGold Ashanti’s Obuasi mine in Ghana has continued to deteriorate despite efforts by Ghanaian authorities to enforce law and order.
Illegal workers have taken over AngloGold Ashanti’s Obuasi mine preventing the operation’s redevelopment. The invasion of the site, one of the richest gold deposits in Africa, is forcing AngloGold to consider its options as an investor should the takeover continue. General manager Eric Asubonteng said the company fears “serious and lasting consequences if this situation … Continue reading Illegal mining threatens AngloGold African operation
An AngloGold Ashanti’s communications director was killed last week when hundreds of illegal miners stormed AngloGold’s Obuasi mine in Ghana.
Ausdrill have announced a new contract awarded to subsidiary company African Mining Services (AMS).
Mining contractor Ausdrill is facing legal action over the death of an employee in Ghana in 2011.
A new report has unveiled the state of gold mining globally, showcasing which countries and which companies are leading the pack.
More than 200 illegal miners are believed to be trapped underground following a rockfall at a South African gold mine.
This info graphic shows the top 10 countries by gold production, with Australia coming in at second behind China.