Leading West Africa-based drilling company Geodrill has been awarded ‘significant multi-rig, long-term’ drilling contracts with mid-tier gold producer Perseus Mining. The contracts with Perseus will involve exploration drilling in Ghana and Côte d'Ivoire, with up to 15 rigs from Geodrill’s existing fleet to be utilised. ASX and TSX-listed Perseus...
The Ford Foundation will contribute US$3 million towards the launch of the Extractive Industry and Climate Change Governance Fund – an initiative promoting more equitable governance of natural resources in West Africa. The five-year programme is hosted by the Africa Centre for Energy Policy and will...
ASX-listed junior Mako Gold has has secured a second drill rig to accelerate exploration efforts at its flagship Napié Project in Côte d’Ivoire. The company has resumed drilling high priority targets at the Gogbala Prospect, while the second drill rig is being mobilised for diamond drilling...
African gold producing giant Endeavour Mining has set an 'ambitious' target to discover 15-20 million indicated ounces of gold from its projects across West Africa over the next five years. The company, which recently listed in London to complement its primary listing on the TSX, has...
Perseus Mining has reported its financial results for the year ending June 2021, which have indicated that it has made significant progress towards achieving the goal of becoming a multi-mine, multi-jurisdiction gold producer. The ASX and TSX-listed firm made a net profit after tax of US$139.4...
Endeavour Mining has reported record figures in its second quarter 2021 financial and operating results, amid the African gold producing giant’s recent premium listing on the London Stock Exchange. Operating cash flow before working capital for Q2 was US$286 million, compared to $263 million in the...
West Africa’s top gold producer – Endeavour Mining – started trading on the London Stock Exchange (LSE) yesterday, in a secondary listing that has been in the works since the company sealed a merger with Teranga Gold in November 2020. Endeavour becomes the largest pure play...