Global News

Ground Electromagnetic Survey Underway on Block 5 Copper project, Oman Savannah Resources plc (AIM:SAV) announces that it has commenced a ground electromagnetic survey, which is the precursor to drilling over a series of high priority copper targets on the Company’s Block 5 copper project, located in the mineral rich Oman Ophiolite belt. HIGHLIGHTS: · A […]

Operations Update DekelOil Public Limited, the West African focused palm oil producer, has provided an update on its logistics operations at its 51% owned vertically integrated palm oil project in Ayenouan, Côte d’Ivoire, which includes a 60t/hr Crude Palm Oil extraction mill, one of West Africa’s largest. This update, the company said in a statement, […]

Proposed Variation and Conversion of approximately US$13 million of Convertible Loan Notes, Up to £1.5 million Fundraising, Share Capital Reorganisation and Notice of General Meeting Beacon Hill, the coking coal developer focused on the Minas Moatize Coking Coal Mine in Tete, Mozambique, has announced an update on its financing arrangements and the restructuring of its […]

I warned on 26 November that the fallout from whatever decision OPEC made about maintain their oil production at its current levels would have a significant impact. At the time, I asked the question, “Economics or Evolution?” After further consideration, I think I forgot to begin that last word with an “R.” What’s Really Going […]

Operational Update Atlas Development & Support Services Limited (AIM:ADSS), the African focussed support services and logistics company has issued an update on activities in East Africa; With the restructuring programme complete, trading is in line with market expectations, with revenues for the year ending 31 December likely to be in the range of US$38-US$40 million […]

Additional Well Order Signed With Det Norske – Norway Plexus Holdings PLC, an AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, has received a purchase order from Det Norske Oljeselskap ASA to supply surface wellhead and mudline equipment services for Geopilot#2, an oil and […]

Significant Increase in Resource & Diamond Grade at Tongo Kimberlite Dyke Project Stellar Diamonds, the London quoted (AIM:STEL) diamond development company focused on West Africa, has announced an updated resource estimate for its 100% owned high grade Tongo kimberlite Dyke-1 project in eastern Sierra Leone. Highlights: · 35% increase in JORC compliant inferred resource to […]

Update on Metallurgical Testwork at Mpokoto Gold Project Armadale, the AIM quoted investment company focused on natural resources projects in Africa, is pleased to announce a positive update on the metallurgical testwork programme for the Mpokoto Gold Project in the Katanga Province of the Democratic Republic of Congo which has demonstrated increased gold recoveries of […]

Hammaslahti Copper-Zinc Project – Drilling update FinnAust Mining has announced that a SMoy drill rig has arrived at its Kelkka Nickel Sulphide Project in South East Finland. Drilling is due to commence imminently. Kelkka is located only 80km Southeast of the Company’s discovery at its 100% owned Hammaslahti Project where drilling continues uninterrupted. Highlights: · […]

Definitive Feasibility Study Demonstrates Robust Economics of Namib Lead Zinc Silver Mine North River Resources has announced the completion of the Definitive Feasibility Study for its brownfield Namib Lead Zinc Silver Mine in Namibia. Highlights: · Maiden Mineral Ore Reserve of 585,000 tonnes at 6.2% zinc, 2.9% lead, and 46ppm silver · Robust economic model […]