Issue link: http://resourceworld.uberflip.com/i/102869
tions in West Africa: Iduapriem and Obuasi in Ghana; Siguiri in Guinea; and Morila, Sadiola and Yatela in Mali. For the quarter ending June 2012, Obuasi produced 83,000 oz gold; Iduapriem 47,000 oz gold and Siguiri 67,000 oz gold. Morila's output declined 12% year-on-year, dipping to 22,000 oz gold, while Sadiola's production slumped 33% to 22,000 oz gold. Yatela secured 6,000 oz gold. Company exploration in the area remains robust, with focus on the Saraya orebody in Guinea. Amara Mining Plc. [AMZ-TSX; AMALSE] changed its name from Cluff Gold Plc. effective October 1. The company operates the Kalsaka gold mine in Burkina Faso, with 15,191 oz gold produced in Q2 2012 compared with 12,504 oz gold produced in Q1. The company is also developing the Baomahun gold project in Sierra Leone and the Yaoure gold project in Côte d'Ivoire. A resource update for Baomahun is expected during October. ArcelorMittal [MT-NYSE] brought its Yekepa iron ore operation in north-east Liberia on stream last year, with the first shipment made in September 2011. The company holds a 70% stake in the project. Production reached 1.3 million tonnes in 2011 and ArcelorMittal believes the operation will reach its 4 million tpy (tonnes per year) capacity by end-2012. As of December 31, 2011, the company's total measured and indicated resources in Liberia stood at 427 million tonnes at 47.5% iron. Aureus Mining Inc. [AUE-TSX] released details of its NI 43-101-compliant feasibility study for its New Liberty gold project in Liberia on October 1. Average annual production will reach 120,000 oz gold over the first four years of mine life. Total output over an eight-year mine life will reach 846,000 oz gold. Meanwhile, Aureus will continue exploratory activity to increase the property's resource levels. The company is also advancing its Liberia-located Ndablama and Gondoja gold projects and holds an interest in the Sonfon gold project in Sierra Leone. Birinian Gold Ltd. [BGS-ASX] has unearthed two broad gold trends in a soil sampling program at its 1,131 km2 Basawa gold project in Liberia, immediately 20 www.resourceworld.com upstream of abundant alluvial gold workings in the northwest of the project area. One of the trends coincides with a regional scale geological structure and consists of a number of discrete gold anomalies which extend over 6 km of strike. One sample returned a peak gold value of 1,090 parts per billion, or greater than 1 gram per tonne (g/t). Further upside to the potential of the Basawa Project, is that it is located in a new gold district which, until now, has not been recognized by modern exploration companies. The area has never been subjected to systematic exploration, nor has the primary source of the abundant alluvial gold been identified. Castle Peak Mining Ltd. [CAP-TSXV] is developing the Akorade gold project, located in Ghana's southern Ashanti belt. On August 22, the company reported results from its recent drill campaign on the project's Apankrah and Nana targets. Hole NKDDH022 recorded 79.9 g/t gold from 193199 metres. The results follow drill-hole data released on July 11, including details of hole NKDDH0018 that intersected 3.39 g/t gold from 168-188 metres. Channel Resources Ltd. [CHU-TSXV] is advancing the Tanlouka gold project in Burkina Faso. On September 4, the company filed a NI 43-101-compliant report for the project's Mankarga 5 deposit. Indicated resources comprise 14.1 million tonnes at 0.94 g/t gold for 425,000 oz gold contained. The company will conduct follow‐up drill campaigns, while other exploratory work will focus on other sites, the Tanwaka and Manesse zones located north of Mankarga. Compass Gold Corp. [CVB-TSXV] is primarily focused on its Yanfolila and Dandoko gold projects in Mali. Results from the company's most recent drill campaign at Yanfolila's Solona target were highlighted on October 1, including details of hole SD48, which recorded 2.15 g/t gold from 25.2-31.5 metres and hole SD50, which intersected 1.15 g/t gold from 64.32-71.12 metres. Endeavour Mining Corp. [EDV-TSX; EDVMF-OTCQX; EVR-ASX] owns two gold mines producing approximately 200,000 oz per year in West Africa: the 90%-owned Nzema gold mine (produced 90,026 oz in 2011) in southwest Ghana, about 280 km west of the capital, Accra; and the 90%owned Youga gold mine, 180 km southeast of Ouagadougou, capital of Burkina Faso. Youga has been in production since 2008 and produced 87,264 oz gold in 2011. The mine is targeted to produce 85,000-90,000 oz in 2012. Equator Resources Ltd. [EQU-ASX] is focused on the exploration of its gold projects in the prospective and re-emerging West African country of Liberia. Through its wholly-owned subsidiary, Bukon Jedeh Resources, the company holds a 100% interest in a total of 1,537 km² of gold exploration projects in southeastern Liberia in three granted licences. These are the Bukon Jedeh mining concession agreement which covers an area of 252 km², the Maryland mineral exploration license, which covers an area of 586 km², and the River Gee mineral exploration license which covers an area of 699 km². Golden Rim Resources Ltd. [GMRASX] has four projects in Burkina Faso and two in Mali. Recent drill results from the Netiana gold discovery at the Balogo Project in Burkina Faso includes intercepts of 57 metres at 40.6 g/t gold and 31 metres at 65.6 g/t gold. The company is aiming for a JORC-compliant resource estimate for Netiana by end-2012. Goldfields Ltd. [GFI-JSE; GFI-NYSE] operates two gold mines in Ghana. Output at the Tarkwa Mine stood at 176,300 oz gold for Q2 2012 compared with 185,300 oz gold in Q1. The decline was due to lower throughput, according to Goldfields. Towards the end of Q2, Tarkwa's heap leach facilities were closed by Ghana's Environmental Protection Agency. The suspension was lifted on August 9, although Goldfields estimates 15,000 oz gold production has been lost. The company's Damang gold mine reported 38,200 oz gold produced in Q2 compared with 44,300 oz gold in Q1. The decline was due to lower grades and less tonnes processed. Goldrush Resources Ltd. [GOD-TSXV; NOVEMBER 2012