Mining

Contract awarded to finalise project design, source vendor financing and provide EPC management for Matala Gold Mine, Zambia Alecto Minerals (LSE:ALO), the Africa-focused gold and base metal exploration and development Company, has announced that, following the Company’s recent exciting acquisition of the historic Matala and Dunrobin gold mines in Zambia and as part of the […]

MXO Oil stock (LSE:MXO) is now trying to rise from the long-term base it has formed in the market. Would this be a sustained bullish movement or a false breakout? From July to August 2015, the price nosedived, after which it formed a base. The base was in place from August till now… But there […]

The SPA Loan is secured by a general security agreement Victory Nickel Inc. (TSX:NI) announced today the receipt of formal notice of default and demand for payment of principal and accrued interest from the holder of a US$3,000,000 unsecured promissory convertible note. As previously disclosed, the Company failed to pay quarterly interest payments due June […]

Baita Plai Polymetallic Mine – Completion of Merger Vast Resources plc, the AIM listed mining company, has announced that the merger agreement between Vast’s 80% owned Romanian subsidiary African Consolidated Resources srl and its subsidiary Mineral Mining SA has been confirmed by the Appeal Court of Cluj. The decision of the Appeal Court is stated […]

GOLD (XAUUSD) Dominant Bias: Bearish The Thanksgiving effect did not take place last week, as Gold generally moved sideways, without any significant drop. This effect has not taken place for 3 years in a row, though that does not mean it would not take place in November 2016. The dominant bias on the market is […]

Over 108 Feet and 7.81% Zinc Over 70 Feet Found in Historic Data Nevada Zinc Corporation (TSX-V:NZN) has secured significant exploration data from exploration and mining work carried out at its recently acquired Mountain View Mine and the surrounding area, in some cases dating back more than 70 years. The recently acquired data which came […]

What are the details? Quattro Exploration and Production Ltd. (TSX-V:QXP) has announced the filing of its third quarter 2015 financial statements, reporting net earnings of CDN $0.01 per share. The Company reported the following results for the 3 months ending September 30th, 2015: • Revenues $3,501,408 • Net income from operations, $ 11.70 per boe […]

Director Appointment The Board of Directors of Bacanora announces the proposed appointment of Mark Hohnen as a Director of Bacanora, subject to regulatory approval and finalisation of the terms of his appointment. Mr. Hohnen brings with him experience in the Japanese, Chinese and Korean markets, all of which play a significant role in the production […]

SUBMISSION OF TONGO MINING LICENCE APPLICATION AND ENVIRONMENTAL IMPACT ASSESSMENT Stellar Diamonds plc, the London listed (LSE:STEL) diamond development company focused on West Africa, has formally submitted to the National Minerals Agency (NMA) of Sierra Leone its application for a large scale mining licence for the Tongo project. This application will be processed by the […]

Mpokoto Gold Project – Update on exploration and expanded resource definition Armadale, the AIM-quoted investment company focused on natural resource projects in Africa, has provided an update on the ongoing development and expansion of its Mpokoto Gold Project in the Democratic Republic of the Congo, with a current mineral resource of 678,000 oz and which […]