Compass Gold Corporation has announced encouraging gold assay results from its 3,000m diamond-drill exploration programme at the Solona target, Yanfolila permit in Southern Mali
Mining
Volta Mining raises US$2.25 million for Burkina Faso drilling
West African-focussed resources company, Volta Mining Limited, has raised US$2.25 million to enable it to begin reverse circulation drilling programmes at its Koro and Ibi Palga Gold projects in Burkina Faso
Manganese production to start in 2012 at SA site
Kudumane Manganese Resources (KMR) has announced plans to start the production of 1 million tonnes of manganese per year by the end of 2012 from its new ZAR 1.5 billion (US$185.5 million) mine
GoldStone commences delayed drilling in Senegal
Gold-focused exploration company GoldStone Resources has confirmed that drilling has begun at its Sangola project in Senegal following a two-month delay
Randgold says 2012 target realistic despite Mali unrest

Randgold Resource’s activities in West Africa have been affected by work stoppages, lower grades and a military coup. (Image source: Randgold Resources)
Randgold Resources has brushed off concerns that its target for 2012 would be affected by the unrest in Mali after it told investors it was on track to meet its production guidance for the year