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Mining

Empyrean talk "successful quarter", production and increased Sugarloaf reserves

03 Sep 2015 @ 04:11
Q2 2015 Production from Sugarloaf AMI, Texas Empyrean Energy, the profitable US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, has issued an update from its flagship Sugarloaf AMI Project in the prolific Eagle Ford Shale, Texas, for the three month period to the end of June […]
 

Ariana starts onstruction of Kiziltepe gold mine

03 Sep 2015 @ 04:05
CONSTRUCTION COMMENCES AT KIZILTEPE Ariana Resources, the Anglo-Turkish gold exploration and development company focused on Turkey, has announced that mine construction has commenced at the Kiziltepe Sector of the Red Rabbit Gold Project in western Turkey, which is being developed in partnership with Proccea Construction Co., to deliver its first gold pour in H2 2016. […]
 

African Potash strike MOU in Malawi

02 Sep 2015 @ 07:09
Second MOU for the supply of 50,000MT of fertiliser African Potash, the AIM listed exploration company focused on sub-Saharan potash assets, entered into a Memorandum of Understanding with a Malawian fertiliser supply company with a view to supplying them with in excess of 50,000 metric tonnes of fertiliser. This represents the second fertiliser Trading Agreement […]
 

North River Resources secure support for Namib project

02 Sep 2015 @ 07:06
Result of GM North River Resources, the AIM quoted resource company focused on the Namib Lead-Zinc Project in Namibia, held its General Meeting and has announced that the resolution seeking shareholder approval for disapplication of statutory pre-emption rights in respect of the Company’s Phase One Fundraising proposals was duly passed. On 11 August 2015, the […]
 

Bacanora cuts deal with Rare Earth Minerals

02 Sep 2015 @ 07:01
Sonora Lithium Project Signs Lithium Supply Contract Bacanora, the London and Canadian listed (AIM:BCN) and (TSX-V:BCN) lithium and borates company, and Rare Earth Minerals plc(AIM:REM), the owners of the Sonora Lithium Project1 in Northern Mexico , have finalised a conditional long-term lithium hydroxide supply agreement with Tesla Motors, Inc., the maker of electric vehicles and […]
 

Sable lay out annual results for investors

02 Sep 2015 @ 06:59
Annual Results Sable Mining, the AIM-listed exploration and development company, has presented its results for the year ended 31 March 2015. Highlights: · Operations focussed on advancing iron ore and coal portfolios in Africa · Nimba iron ore project in south-east Guinea continues to reach key milestones and demonstrate value as a high-grade, high-margin, low-capital […]
 

Sable completes sale of £2m assets

28 Aug 2015 @ 04:05
Sale of non-core assets for US$1.98 million Sable Mining, the AIM listed exploration and development company, has today completed transaction agreements which will monetise its interests in the Rietkuil coal project in South Africa. Separately the Company announces a recent sale of non-core interests in Liberia. Highlights · Total cash of US$1.98 million generated through […]
 

Further Losses Expected on Rio Tinto

27 Aug 2015 @ 19:30
Rio Tinto shares (LSE:RIO) are extremely weak right now, and the weakness is expected to continue. This is a wonderful opportunity for sellers, who can make more money by continuing to sell the shares. Every week proffers attractive trading opportunities; and you can take them. In the chart, it can be seen that the price […]
 

Magnolia Petroleum report 309boepd net production

26 Aug 2015 @ 01:49
Production Update & Reserve Report Magnolia Petroleum Plc, the AIM quoted US onshore focused oil and gas exploration and production company, has provided an update on current production and an independent Reserves Report as at 1 June 2015, on its leases in US onshore formations such as the Woodford and Mississippi Lime, Oklahoma, and the […]
 

Cluff to unlock the UK's energy via Underground Coal Gasification & Conventional Hydrocarbon licences?

26 Aug 2015 @ 01:45
Interim Results Cluff Natural Resources Plc, the AIM quoted natural resources investing company, has announced its interim results for the six months ended 30 June 2015. Highlights · Continuing to build substantive portfolio of Underground Coal Gasification (‘UCG’) Licences inshore UK – portfolio totals 690km2 · Progressing Conventional Hydrocarbon licences in the Southern...
 
 
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