Mining

Baoulé Diamond Export and Upcoming Sale Stellar Diamonds plc, the London listed (AIM: STEL) diamond development company focused on West Africa, has announced that it has exported a diamond parcel of 3,341 carats from trial mining of its Baoulé kimberlite project in the Aredor area of Guinea to Antwerp. These goods will be cleaned and […]

Appointment of Mineral Sands Industry Leaders to Assist in Development of Pituffik Titanium Project, Greenland FinnAust Mining, the AIM listed exploration company with projects in Greenland, Finland and Austria, has announced that, in line with its strategy to rapidly assess the near term production potential of the Pituffik Titanium Project in Greenland, it has appointed […]

Cash Placing of £1.75 million Savannah Resources (AIM:SAV) has raised £1,747,473 (before expenses) through the placing of 98,295,329 ordinary shares of 1.0p each at a placing price of 1.777778p per ordinary share to Al Marjan Limited, an existing investor. HIGHLIGHTS: · Raised gross proceeds of £1,747,473 · Funds will predominantly be used to fund the […]

Q4 2015 Operations Update Magnolia Petroleum, the AIM quoted US focused oil and gas exploration and production company, has announced a quarterly update on its operations across proven and producing US onshore hydrocarbon formations, including the Bakken/Three Forks Sanish in North Dakota and Montana, and the Woodford, Mississippi Lime and the Hunton in Oklahoma. Q4 […]

Issue of Equity MX Oil, the AIM quoted oil and gas investing company, has announced that it has raised £175,000 via a placing of 14 million ordinary shares at a price of 1.25 pence per share. The Placing is in response to demand received from new and existing shareholders to participate on the same terms […]

Horizonte Minerals , (AIM:HZM) (TSX:HZM) the nickel development company focused in Brazil, has announced the award of four new concession areas adjacent to its Araguaia nickel project which is being developed as the next major nickel project in Brazil. · Two new southern concessions, totalling 15,674 hectares, are located in a prospective position adjacent to […]

Joint Venture with Randgold Resources for the Advancement of Kossanto West Gold Project in Western Mali Alecto Minerals plc, the Africa-focused gold and base metal exploration and development company, has announce dthat Caracal Gold Mali SARL, its wholly owned subsidiary, has entered into a joint venture agreement with Randgold Resources (Mali) Limited for the exploration […]

Robust Project Demonstrated by Mpokoto Feasibility Study Armadale, the AIM quoted investment company focused on natural resource projects in Africa, has announced the preliminary results of the Feasibility Study for Phase 1 of the Mpokoto Gold Project in the Katanga Province of the Democratic Republic of Congo. The Study is based on the intended initial […]

Initial Drill Results at Kvemo Bolnisi Reiterate Potential for H2 2016 Gold Production Noricum Gold Limited, the European focused base and precious metals resource development company, has announced initial high grade, close-to-surface gold assay results received from an ongoing 19 hole diamond drill programme at Kvemo Bolnisi have highlighted the potential for early stage low […]

Study on Gonka Deposit and Taurus Extension Hummingbird Resources (AIM:HUM), has announced the results of a Desktop Study on the Gonka deposit, located 5km south of the proposed Yanfolila Gold Project plant in Mali, prepared for the Company by DRA Projects. Gonka is not currently included in the Yanfolila Definitive Feasibility Study and the results […]