Mining

High Priority Potential VMS Drill Targets Identified – Block 4 Oman Project Savannah Resources plc (AIM:SAV) has advised invesors that it has received positive modelling results from the Versatile Time Domain Electromagnetic survey conducted at its 408km² Block 4 Copper Project, located in the strongly mineralised Semail Ophiolite in northern Oman, which highlights the potential […]

Operational Update Goldplat, the AIM listed African gold producer, has announced significant progress on capital projects and new contracts aimed at improving the production and efficiency of its gold recovery operation in South Africa, Goldplat Recovery (Pty) Limited, which processes by-products from the mining process to recover gold. Capital projects – A new electric boiler […]

Shares of Glencore (LSE:GLEN) rose more than 7% to close at 131.80 on the London Exchange today when it released an update on its aggressive plans to reduce its net debt and “adapt the business to the current commodity landscape.” The move is much the same as Lord Nelson would have done with HMS Victory, […]

MOU for the supply of 150,000MT of fertiliser in Zimbabwe African Potash, the AIM listed exploration company focused on sub-Saharan potash assets, has entered into a Memorandum of Understanding with a Zimbabwean fertiliser supply company with a view to supplying it with 150,000 metric tonnes of fertiliser. This is the third fertiliser Trading Agreement secured […]

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 […]

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. […]

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 […]

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 […]

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 […]

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 […]