Annual Archive

Archive for 2015

29 December 2015

Nordgold Burkina plans for 2016

29 December 2015

(Burkina -Emine): Ouagadougou, December 29th, 2015 – Nordgold (LSE: NORD) is an internationally diversified low-cost gold producer established in 2007 and publicly traded on the London Stock Exchange.

The Company has expanded rapidly through carefully targeted acquisitions and organic growth, achieving a rate of growth unmatched in the industry during that period.

Since, the company has achieved milestones that include: Read more »

B2Gold Corp. awarded operating license for the Kiaka Gold project

18 December 2015

(Burkina – Emine): Ouagadougou, December 17, 2015 – Kiaka SA, subsidiary of the Canadian B2Gold Corp. (TSX: BTO) (NYSE MKT: BTG) (NAMIBIAN: B2G) has been awarded operating license for the Kiaka gold mine deposits.

The operating license adopted by the Council of Ministers stands for “industrial large scale gold mine” and covers an area of ​​54.02 square Read more »

WAF raises $2.1m to accelerate drilling program at Tanlouka

14 December 2015

Gold developer West African Resources Limited (ASX, TSXV: WAF) is pleased to announce that it has completed a capital raising of $2.1 million to accelerate the development of high grade oxide mineralisation at the M1 and M3 prospect, at its 100% owned Tanlouka Gold Project, Burkina Faso.“Read more” Read more »

2015 – 2016 Field Season: Mineral exploration’s ramp up in Burkina Faso

5 December 2015

(Burkina – Emine): Ouagadougou, December 3, 2015 – Mining companies  2015 – 2016’s season exploration activities in Burkina Faso was launched since the period of October to November which marks generally the end of the rainy season.

Despite low commodities prices and alarmist Markets’ predictions (Stocks Exchange), developers are leading to a more or less sustained recovery Read more »

Inata attack: SMB official statement to all its employees

28 November 2015

To all employees

This morning a tragic event took place on the Inata access road. The security vehicles carrying our gold were attacked by a number of people in what seems to be a well-planned attempt to take the shipment. The gendarme escort with the Friday workers convoy was able to intervene and the Read more »

Bamako Attack: No international mining industry connection

27 November 2015

(Burkina – Emine): Ouagadougou, November, 26 2015. On November 20, 2015, the Radisson Blu Hotel of Bamako was the subject of a terrorist attack followed by a hostage-taking situation which resulted in the death of 22 people including the attackers.

These events occurred a day after the closure the 6th edition of Mali Mining and Petroleum Days (JMP Mali 2015), a major international mining Read more »


21 November 2015

VANCOUVER, CANADA.  Sarama Resources Limited (“Sarama” or the “Company”) announces that it is conducting a private placement (the “Private Placement”) to raise gross proceeds of approximately C$2,000,000.  The Private Placement will involve the issuance of units (the “Units”) comprised of one common share of the Company and one half of one common share purchase warrant (each full warrant, a Read more »


21 November 2015

VANCOUVER, CANADA. Sarama Resources Ltd. (the “Company” or “Sarama”) is pleased to announce that it has entered into a legally binding agreement with Aureus Mining Inc. (“Aureus”) where Aureus will purchase three of the Company’s Liberian mineral exploration Read more »

TRUE GOLD BEGINS MINING AT KARMA: On track for first gold pour in Q1-2016

25 October 2015

VANCOUVER, B.C. – True Gold Mining Inc. (TSX-V; TGM) (“True Gold” or the “Company”) is pleased to report that mining has commenced at the Goulagou II (GGII) deposit at the Karma Gold Mine (“Karma” or the “Project”) in Burkina Faso. The GGII deposit is the first of six deposits that will be mined over an 11.5 year period. The Company remains on track for gold production at the end of Q1, 2016.

The GGII deposit has reserves of 273,000 leachable ounces of gold (contained in 7.6 million tonnes at1.12 g/t gold)1 , and will be mined during the first two years of production. Read more »


12 September 2015

Main Theme: Burkina Faso Mining Industry: Challenges and Prospects for a socio-economic sustainable development. Date: 17, 18, 19 September 2015. Place: Salle des Banquets OUAGA 2000Read more…

Workshop on processing methods for refractory ores of gold and base metal deposits, ICM BURKINA

11 September 2015

CIM/ICM BURKINA Organizes at the margin of PROMIN BURKINA 2015 a workshop on  << refractory minerals of gold and base metal deposits of west Africa >> from September 14 to 16 2015 at the Centre de Formation Teng Tuuma Geoservices (TTG) Ouaga 2000…Read more…

PROMIN 2015: Challenges and Prospects

28 August 2015

(Burkina – Emine) – Ouagadougou on 08/28/2015: Starting 15 September 2015, Burkina Faso will celebrate prosperity and hope of its mining through a series of activities under the Days of Mining Promotion (PROMIN’15).

The National Organization Committee chaired by the Secretary General of the Ministry of Mines and Energy is at work for the success of the Read more »

Tanlouka Gold Project: New gold zone returns up to 13g/t Au in auger drilling

17 August 2015

(Burkina – Emine) – Ouagadougou, August 17th 2015 – Australian gold developer has announced high-grade results from auger drilling on its Tanlouka Gold Project, Burkina Faso.

The highlights include the discovery of a new gold zone 2 Km from the proposed low-cost oxide starter pit project which returns results of up to 13g/t Au in auger within an anomalous trend over 1.3 Km. Read more »

Nordgold Q2 and H1 2015 Results: Strong Performance and Mining Licenses Application For New Deposits

28 July 2015

Bissa gold mine

(Burkina-emine)  – Ouagadougou, July, 28 2015: Nordgold has published its H1 and Q2 2015 production and exploration results showing good performances.

Nordgold indicated that in H1 Bissa gold production was 136.3 koz, up 2% compared with 134.0 koz in H1 2014. Ore mined also increased by 47% YoY to 2,399 thousand tonnes (“kt”) and stripping ratio decreased by 36% YoY to 3.75 t/t, while increasing throughput by 8% YoY to 2,017 kt. Read more »

Proximal Exploration on SEMAFO’S Natougou Returns Promising Results

28 July 2015

Values of up to 10.29 g/t Au over 10 Meters Obtained Immediately Southwest of Natougou Deposit

Montreal, Quebec– SEMAFO (TSX, OMX: SMF) today announced results from an ongoing 10,000 meter proximal drilling program at Natougou designed to explore the lateral extensions of the flat-lying Boungou Shear Zone (BSZ) proximal to the current in-pit resources. A new Read more »

Orezone Closes C$6.5M Investment

24 July 2015

(Burkina – Emine) – Ouagadougou July 21, 2015 – Canadian Junior Orezone Gold Corporation (ORE: TSX) has announced that it has closed a C$6.5M of a non-brokered private placement with Ross Beaty and other long term shareholders Read more »

Delineation Drill Results at SEMAFO’s Natougou Match Expectations

14 July 2015

Montreal, Quebec, July 14 2015, 08:00 EDT– SEMAFO (TSX, OMX: SMF) today announced that it has received results for 60% of the recently completed delineation drilling program, at 40 meter by 40 meter spacing, on the Natougou deposit (Boungou Shear Zone). Results are in Read more »

True Gold provides construction update for Karma mine

13 July 2015

VANCOUVER, B.C. – True Gold Mining Inc. (TSX-V: TGM) (“True Gold” or the “Company”) is pleased to report that the Company has drawn down an additional $14 million of the $100 million financing from Franco-Nevada (Barbados) Corporation and Sandstorm Gold Bank Ltd. This is the third draw down that True Gold has made under the facility, bringing the total amount drawn to $71.6 million. The Company currently has Read more »

Karma Gold Mine: Signing of a Tripartite Agreement and project updates

23 June 2015

(Burkina – Emine) – Ouagadougou – 06/18/2015: The crisis between True Gold Mining through its subsidiary Karma Riverstone SA and Namissiguima populations just have its epilogue through the signing of an agreement known as “Tripartite Agreement”.

This agreement was reached between the Government of Burkina Faso – represented by the Minister of Mines and Energy, Aboubacar Ba and his Read more »

Positive drilling results at Souma

12 June 2015

 Avocet Mining PLC (“Avocet” or “the Company”) announces positive results from its drilling campaign at Souma, Burkina Faso. These are the first results from an ongoing drilling and metallurgical test work programme that commenced in April 2015.  The programme will…Read more”

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12 June 2015
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