Mining

High Grade Copper Mineralisation Identified at the Aarja Prospect Block 4, Semail Ophiolite Belt, Oman Savannah Resources (LSE:SAV) has identified new high grade copper mineralisation on at the Aarja Prospect at its Block 4 permit following a detailed collation of historical data. The copper mineralisation is located along strike and under the previously mined Aarja […]

Mining shares were like an anchor for the FTSE today, during a period when the last thing the FTSE needs is an anchor. Although it was not the biggest loser of mining sector of the combined 1,034 losers on the LSE, BHP Billiton’s share price (LSE:BLT) fell more than 5.0% to 1,021.50, back the position it […]

Operational Update Goldplat plc, the AIM listed African gold producer, has announced further progress on capital projects aimed at improving the production and efficiency of its gold recovery operation in South Africa, Goldplat Recovery (Pty) Limited, an update on the progress at its Kilimapesa Gold in Kenya, and confirm GPL’s continued status as a Responsible […]

Maiden sale of copper concentrate at Manaila Polymetallic Mine Vast Resources plc, the AIM-listed resource, development and production company, has concluded a maiden sale of approximately 450 tonnes of concentrate at its 50.1 per cent. owned Manaila Polymetallic Mine in Romania. Of the concentrate sold, 40 tonnes constituted stock on hand produced prior to the […]

Economic Impact Assessment of UCG Cluff Natural Resources Plc, the AIM quoted natural resources investing company, has announced the publication of an independent report highlighting the potential economic benefits of the development of Underground Coal Gasification, a proven industrial process which allows coal to be converted into gas in-situ, in the UK. The report has […]

MoU on Zimbabwean Coal Power Station Development Sable Mining, the AIM listed exploration and development company, has entered into a Memorandum of Understanding with a view to developing a 600MW coal-fired power plant at the Company’s 19,236 hectares Lubu Coal Project in Zimbabwe, with CITIC Construction Co., Ltd, a subsidiary of CITIC Group, a Chinese […]

Salahi 1 Continues to Return High Grade Gold Results – Block 4, Semail Ophiolite Belt, Oman Savannah Resources plc (AIM:SAV) advises that it has identified further high grade gold mineralisation at the Salahi 1 Prospect at its Block 4 copper-gold project in Oman. The results follow completion of additional rock chipping and trenching as part […]

Glencore International shares (LSE:GLEN) have been plunging and they would continue to plunge. This is a strong bear market and it is expected to continue. The only sensible thing to do here is to go short, for expert traders follow the line of the least resistance, cutting small losses along the way (which they tend […]

Fully Underwritten Open Offer and Placing North River Resources, the AIM quoted resource company focused on the Namib Project Lead-Zinc Project in Namibia, has provided an update, further to the announcements made on 11 and 28 August 2015, in respect to its proposed near term financing plan to raise US$4.0 million with the launch today […]

Technical Study for Mothae Kimberlite Project Paragon Diamonds Limited, the AIM quoted diamond development company, has announced the results of two independent studies carried out by The MSA Group on the Mothae Kimberlite Project, located in Lesotho, that Paragon is in the process of acquiring. The conclusions exceed management’s initial expectations, as detailed in the […]