Mining

Namib Lead Zinc Mine Bankability Strengthened Significantly following completion of further Metallurgical Testwork North River Resources has announced that, following supplementary metallurgical testwork, confidence in the planned ore processing solution for the Namib Lead Zinc Project in Namibia has been improved significantly. Highlights: · A critical milestone as North River moves towards...

Mothae Acquisition – Update Paragon Diamonds Limited, the AIM quoted diamond development company, has announced that, further to the announcement of 5 May 2015, the Company has now entered into a legally binding share purchase agreement with Lucara Diamond Corporation with regards to the acquisition of the Mothae Kimberlite Resource. Mothae is located close to […]

Q2 2015 and HY1 2015 operations update – Gedabek gold, copper and silver mine, Azerbaijan Anglo Asian Mining, the AIM listed gold, copper and silver producer focused in Azerbaijan, has provided a production and operational update from its Gedabek gold, copper and silver mine in western Azerbaijan for the three months to 30 June 2015 […]

MAJOR UPGRADE TO SUGARLOAF AMI RESERVES AND RESOURCES Empyrean, the profitable US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, has announced a significant increase in its Reserves and Resources at its flagship Sugarloaf AMI assetin the liquids rich core of the Eagle Ford Shale in Texas, […]

Contract to Develop a Specialized 5,000 psi CNG Tank for Mining Applications Quantum Fuel Systems Technologies Worldwide, Inc. (NASDAQ:QTWW), a provider in natural gas storage systems, integration and vehicle system technologies, today announced it has received a contract to develop a specialized 5,000 psi CNG tank specifically configured for an integrated storage system for heavy […]

Conclusion of agreement to acquire 50.1 per cent. interest in Manaila mine subject to conditions precedent Vast Resources plc, the AIM listed resource and development company, announces that, further to the pre-sale agreement announced on 10 June 2015, it has concluded an agreement to purchase 50.1 per cent. of the issued share capital of Sinarom […]

ED RABBIT GOLD PROJECT UPDATE AND LAND ACQUISTIONS Ariana Resources, the Anglo-Turkish gold exploration and development company focused on Turkey, has announced a positive update from its Kiziltepe Gold-Silver Mine following the receipt of forestry approvals. Kiziltepe is the initial mine targeted at the Red Rabbit Gold Project in western Turkey, a joint venture between […]

It is better for buyers to stay away from Kibo Mining stock (LSE:KIBO) now, so as to avoid regret. The stock has long been in a perpetual downtrend, for most past of this year. The gap-up that occurred in April 2015 was later filled and the downtrend was resumed. In the chart, 4 EMAs are […]

GOLD (XAUUSD) Dominant Bias: Bearish Gold remains a bear market, with the price breaking more and more support levels gradually. In this market, occasional rallies should be seen as opportunities to sell short when the price is high in the context of the downtrend. This month, bears would try to target the support levels at […]

On-Track to Commence First Gold Production in August 2015 at Pickstone-Peerless Gold Mine Vast, the AIM listed resource and development company, has announced that strong progress is being made in advancing the Pickstone-Peerless Gold Mine in Zimbabwe into production in August 2015. The mine is being commissioned, with an estimated annualised gold production of circa […]