Mining

£500,000 debt financing, Acquisition update and Share buyback programme Paragon Diamonds Limited, the AIM quoted diamond development company, has announced that it has raised £500,000 of unsecured debt financing, from an investment company. The proceeds of the fundraise may be used to initiate a share buyback programme and to support short term working capital requirements […]

Potential acquisition of an interest in Manaila mine Vast, the AIM listed resource and development company, announces that it has progressed the its diligence investigation on the currently operating open pit polymetallic Manaila Mine in Suceava County, northern Romania to an advanced stage further to a pre-sale agreement to purchase a 50.1 per cent interest […]

Sirius Minerals shares (LSE:SXX) are expected to continue to going upwards in the context of an established uptrend. The price action supports this view as this analysis shows. From the beginning of January to the end of March 2015, the price moved in a tight consolidation phase, but it broke upwards significantly in April, moving […]

The situation on Bacanora Minerals stock (LSE:BCN) looks dicey, making traders wonder whether they should buy or sell. The recent bias was bullish but the price has been coming down since last month. The trend has turned bearish in the short-term. In the chart, 4 EMAs are used and they’re EMAs 10, 20, 50, and […]

STRATEGIC INVESTMENT STATUS GRANTED TO KIZILTEPE GOLD MINE Ariana Resources, the Anglo-Turkish gold exploration and development company has announced that its Kiziltepe Gold-Silver Mine, has been granted Strategic Investment status by the Turkish Government. Kiziltepe is part of the Red Rabbit Joint Venture in western Turkey with Proccea Construction Co. Highlights: – Strategic...

Agreement to fund and develop the Mpokoto Gold Project Armadale, the AIM quoted investment company focused on natural resources projects in Africa, has said that via a subsidiary, it has signed a Heads of Terms Agreement with the Africa Mining Contracting Services group with a view to funding, developing, constructing and operating the Mpokoto Gold […]

Churchill Mining stock (LSE:CHL) has shot skywards significantly. Within the last several months, the price simply moved sideways, creating a strong base which might even prevent serious bearish plunges. This is a type of market that benefits buyers. The bullish journey started in May 2015, and it ran till the end of that month. In […]

What is next for Brazilian commodities Horizonte Minerals Plc, (LSE:HZM) the nickel development company focused in Brazil, has announced the final results from its Phase 4 infill resource drilling programme at its 100% owned Araguaia nickel project in Para State, north central Brazil. The drill programme is now complete and has demonstrated consistent high grade […]

Final Results North River Resources has announced its results for the year ended 31 December 2014 and that the Annual General Meeting will be held at the offices of SGH Martineau LLP, 5th Floor, One America Square, Crosswall, London EC3N 2SG on Thursday 25 June 2015 at 11.00 am. A notice convening the AGM, proxy […]

Ivrea Project: Airborne Geophysical Survey Commences Nyota Minerals Limited (LSE:NYO) has announced the start of the airborne geophysical survey at its 70% owned Ivrea nickel exploration project in the Piemonte Region of Italy. The survey has been contracted to Geotech, which has a strong working relationship with a local helicopter hire company based in Piemonte. […]