Junior Mining News

Miners ask Congo to introduce sliding royalty scale

By analyst By Cecilia Jamasmie Miners operating in the Democratic Republic of Congo submitted Thursday a new proposal for the government related to the recently passed new mining code, which substantially increases the cost of doing business in the central African nation. The likes of Glencore, Randgold, Zijin, China Molybdenum and Ivanhoe, among others, are […]

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Canada’s Asanko, South Africa’s Gold Fields team up in $203m Ghana JV

By analyst By Cecilia Jamasmie South Africa’s Gold Fields (JSE, NYSE: GFI) and Canada’s Asanko Gold (TSX: AKG) are teaming up to develop one of Ghana’s newest gold mine, the Asanko Gold Mine (AGM), is located in the country’s Ashanti Region. As part of the deal, Gold Fields is acquiring a 50% stake in Asanko’s

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Aura Minerals wants to reactivate projects under care and maintenance

By analyst By Valentina Ruiz Leotaud Mid-tier gold and copper miner Aura Minerals (TSX:ORA) announced that it is working towards reactivating its Aranzazu and São Francisco gold projects in Mexico and Brazil, respectively. During a conference call held to announce its consolidated financial statements for the years ended December 31, 2017 and 2016, President and

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Grizzly wants to buy Robocop

By analyst By Valentina Ruiz Leotaud Edmonton-based Grizzly Discoveries announced its intentions to purchase the cobalt-copper-silver “Robocop Property,” located within the Fort Steele Mining District in southeastern British Columbia. In detail, the property is located east of the company’s Greenwood property or approximately 45 kilometres south of the town of Fernie, immediately north of the

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