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AFRICA Sat 04/02/2012

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Rediscovering their Moto

February 1 - 7, 2012

THE team that turned Moto Goldmines into a $US500 million takeover target are back in action in West Africa, and it’s fair to say they don’t intend to die wondering. Wondering, that is, whether the ground they’ve got is any good.

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A walk on the wild side

January 25 - 31, 2012

JUST before Christmas the managing director of copper miner Mawson West, David Frances, took his wife and two teenage daughters for a trip into the Congo. As you do!

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Africa rule change will backfire, says Turner

January 25 - 31, 2012

EXPERIENCED Africa operator and company builder Bill Turner is warning that a proposed legislation change by Australian authorities could have a very deleterious impact on the attractiveness and workability of the African continent for exploration and mining companies.

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Eritrea risk narrows Zara field

December 15 - 21, 2011

FINANCING challenges appear to have led Chalice Mines down the sale route the company is now on for its Zara project in Eritrea.

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Liberia drilling to start next month

December 1 - 7, 2011

THE well-connected Middle Island Resources has a “who’s who” list of backers, according to managing director Rick Yeates, and there’s said to be one or two majors also interested in joining the A-listers on the back of what the gold junior has on its plate in West Africa.

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Food for thought

December 1 - 7, 2011

GERMANY’S K + S was this week suggesting its set-to-be-developed Legacy project in Saskatchewan was “one of the world’s economically most attractive potash greenfield projects”. Over in the Republic of Congo, Iain Macpherson and his team at Elemental Minerals would no doubt argue they know exactly what the Germans are talking about.

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100Kozpa gold mines ‘yesterday’s news’

November 24 - 30, 2011

NOVEMBER 29: IT WAS standing room only for the A-listers in the Subiaco Freemasons Hall last week as Gryphon Minerals reported to shareholders on another big year in West Africa – past and future!

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Big Fekola resource in prospect

November 24 - 30, 2011

NOVEMBER 29: INVESTORS could have plenty to like about Papillon Resources should the significant maiden resource the company is expecting to be unveiled in six months time at the Fekola discovery in Mali come to pass.

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Segue's fashionable manganese address

November 17 - 23, 2011

WHILE “segue” has been one of those rather fashionable words in recent times, Segue Resources has been anything but as far as long term shareholders are concerned, with the stock a veritable penny dreadful for a good few years. But the tiddler could begin the transition out of abject anonymity as early as next month, when an initial resource for a decent grading manganese project in an established manganese field of South Africa is expected to be unveiled.

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Compelling Ampella

November 10 - 16, 2011

OUTSTANDING gold explorer Ampella Mining may be on the lookout for a cash injection in the next few months as major work programs continue and increase over the next 12 months at its multi-million ounce Batie West project in Burkina Faso.

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Blue skies in West Africa

November 3 - 9, 2011

A DISAPPOINTING performance at Avocet Mining’s flagship Inata gold mine in Burkina Faso was a mere footnote in the company’s third quarter presentation, which was instead dominated by the blue sky potential across its growing West African portfolio.

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Still on the trail of a giant

October 27 - November 2, 2011

SCOTT Lowe, the managing director of Blackthorn Resources, reminded the market that BHP Billiton was hardly exemplary when it came to exploration just as, coincidentally, his company released a spectacular drill result from its copper project in Zambia.

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Banner-waving continues for uranium hopeful

October 27 - November 2, 2011

OCTOBER 27: BANNERMAN may be giving up on the laborious Hanlong but, naturally, it remains resolutely of the belief that it has a world-scale, strategic asset in Namibia that the uranium world needs. However, it sometime seems the would-be uranium developer may as well be talking deep inside the bowels of a reactor given the market is evidently just as resolutely ignoring everything Bannerman says.

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Backing for Aziana

October 20 - 26, 2011

OCTOBER 25: NEW Madagascar-focused explorer Aziana has proved the prospectivity of its ground by getting strong support for its $A12.5 million IPO despite the tough equity market environment, with the company expecting to begin trading life on the ASX next week.

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Fekola nearer fruition

October 13 - 19, 2011

WEST African gold explorer cum developer Papillon Resources has got good news from its Fekola project in Mali, boosting the company’s hopes of completing the long trek to production.

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Broker puts iron bets on Sable

October 6 - 12, 2011

ANOTHER day, another world class iron ore project. Not exactly, but London-listed Sable Mining does apparently have that oft-quoted potential with ground it holds in Liberia where drilling is due next month.

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Similarities could drive Impact

September 22 - 28, 2011

IMPACT Resources has started its next Botswana minerals project in earnest.

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Ratel thinking big

September 8 - 14, 2011

BACKED by CGA Mining and the wealthy Hains family from Melbourne, the team that has developed projects globally is on the hunt for a major gold asset in Africa.

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Midwinter eyes value-add potential of ‘province’

September 8 - 14, 2011

SUGGESTING there may be an undiscovered iron ore province comparable to part of Western Australia’s Pilbara in South Africa’s north-east is a fairly brave call. But it is one WA minerals veteran Adrian Griffin is obviously not afraid to make, judging from his presentation at last week’s Africa Downunder Conference in Perth.

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Filling in the Gap

September 8 - 14, 2011

KASBAH Resources continues to look a rollicking good resource sector story in the making, though the timeframe perhaps has the market comfortable it doesn’t have to rush into the stock too quickly. Thing is, when rigs are drilling, exploration results can change the situation in an instance.

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