Mining

Agreement to Utilise Established Rail Corridor to Port of Buchanan Sable Mining Africa Ltd, the AIM listed iron ore exploration and development company, has said that West Africa Exploration S.A., its 80% subsidiary, has signed an Infrastructure Development Agreement with the Government of Liberia relating to the development, ownership rights, financing, use and operation of […]

Ground Geophysics Confirms High Priority VMS Copper Drill Targets, Oman Further to the announcement of 24 December 2014, Savannah Resources (LSE:SAV) have issued results from the recently completed ground Electro-Magnetic survey conducted over a number of high priority prospective copper targets within Blocks 4 (Savannah earning 65%) and Block 5 (Savannah 65%) in Oman. Savannah […]

What do they plan to do? Stellar Diamonds plc, the AIM quoted (LSE:STEL) diamond mining and exploration company focused on West Africa, has raised approximately £1 million through the issue of 88,362,066 new ordinary shares of 1p each at 1.16p per share to directors, existing private shareholders and new institutional investors. The proceeds of the […]

Nevada Sunrise Gold Corporation (TSX-V:NEV) is pleased to announce that Pilot Gold Inc. (TSX:PLG) has reported results from an initial metallurgical program designed to address the amenability of high-grade mineralization from the Secret Canyon host rock to produce a high-grade concentrate at the Kinsley Mountain project. Kinsley Mountain is a joint venture between Pilot Gold […]

Kossanto West Gold Project, Mali – Licence Update Alecto Minerals (AIM: ALO), the AIM quoted mineral exploration company focussed on West and East Africa, has finalised the consolidation of two of its existing exploration permits, Kobokoto Est and Kobokoto, at its Kossanto West Gold Project in western Mali, into a single 100 sq. km. exploration […]

Placing to Raise £600,000 gross Alecto Minerals plc (LSE:ALO), the AIM quoted mineral exploration company focussed on West and East Africa, has said that it has raised £600,000 (before expenses) by way of a placing, via Hume Capital Securities plc, of 200 million new ordinary shares of 0.01 pence each in the capital of the […]

Block 4 Database Acquisition – Oman Savannah Resources (AIM:SAV) has agreed to acquire an extensive, digitised exploration database relating to the Block 4 Copper Project (over which Savannah has an agreement to earn in up to 65%), which is located in the mineral rich Oman Ophiolite belt. Block 4 is one of three highly prospective […]

Quarter 4 and Full Year 2014, operations and production update – Gedabek and Gosha gold, copper and silver mines, Azerbaijan Anglo Asian Mining, the AIM-listed gold, copper and silver producer focused in Azerbaijan, has issued fresh details about production and operations for its Gedabek and Gosha gold, copper and silver mines in western Azerbaijan for […]

Get the lowdown below Rose Petroleum, the AIM-listed (LSE:ROSE) natural resources company, has provided a detailed operational update on the current activities taking place within both its oil and gas and mining divisions. Overview: · On-going drilling programmes in both oil and gas basins of the prospective Mancos and Paradox plays in Utah – current […]

Shareholder Support for 100% Acquisition of Aegean Metals Group Inc with Highly Prospective Gold-Copper-Silver Projects in Turkey and Chile Mariana Resources Ltd, the AIM quoted exploration and development company focused in South America, has announced that following a meeting of Shareholders of Aegean Metals Group Inc there was overwhelming support for the plan of arrangement […]