A look at a few of the mining headlines out this morning that caught my attention with some follow up comments on each. Orezone – (ORE:TSX) – A $6.5 million dollar private placement has been announced with the plans to offer 21,666,667 shares at 30 cents per share. The bigger news is that legendary mining investor… Continue Reading

Orezone Gold (ORE:TSX) – Orezone has released a feasibility study for the Bomboré  gold project in Burkina Faso.  The study shows economics of a 24.4% after tax IRR and a NPV (5%) of $196 million using $1250 gold. Initial capital costs have risen since the PEA and now come in at $250 million.  The rise… Continue Reading