Mining

GOLD (XAUUSD) Dominant Bias: Bullish As it was expected, the trend on Gold has turned bullish – with a Bullish Confirmation Pattern in the market. The recent bearish bias drove the price as low as the demand level at 1183.00. That demand level was tested vigorously before further downward plunge was rejected, and since then, […]

PPA signed to provide power to Cerro Bayo Gold and Silver mine, Chile Rame Energy plc, the international power generator and engineering company, has announced that its wholly owned subsidiary, Seawind Holdings SpA, has signed a power purchase agreement with Compañia Minera Cerro Bayo Limitada to supply power to the isolated electrical grid system of […]

Drilling Update, Horse Hill-1, Weald Basin UK Stellar Resources’ (AIM:STG) Horse Hill-1 well has now been drilled to the third casing point at 6,612 feet measured depth, and will now be electrically logged through the observed reservoir sections. Electronic logging and full interpretation of these logs is expected to take approximately one week. The depth […]

Bonanza Rock Chip Results from Mariana’s New RurimaracAu-Ag Property, 4km from Soledad Cu-Au-Ag Prospect, Central Peru Mariana Resources, the AIM quoted exploration and development company focused in South America, announces that bonanza rock chip channel sampling results from the new strategic 2,000Ha Rurimarac gold tenements confirm high grade gold and silver mineralisation exposed in...

Quarter 3, 2014 Operations and Production update – Gedabek and Gosha Gold, Copper and Silver mines, Azerbaijan Anglo Asian Mining, an AIM listed gold, copper and silver producer focused in Azerbaijan, has provided a production and operations update for its Gedabek and Gosha gold, copper and silver mines in western Azerbaijan for the three months […]

Further Upgrade of JORC Resource at Mpokoto Gold Project Armadale, an AIM quoted investment company focused on natural resources projects in Africa, has announced a further significant resource increase and an upgrade in the JORC Code compliant Mineral Resource estimate classification for the Mpokoto Gold Project in the Katanga Province of the Democratic Republic of […]

If it’s been a good day on the LSE, it largely due to a spike of more than 32% in Synergy Health’s share price and a renewed outlook for the major mining stocks. Synergy (LSE:SYR) was the top riser on the LSE today with three of the remaining top 5 being companies from the mining sector. Anglo […]

Do they keep a-rolling? Beacon Hill Resources, an AIM listed Mozambique coking coal miner, has announced that it has entered into a sub-lease of its rolling stock to an undisclosed party. This sub-lease agreement will support the Company’s expansion strategy to advance Beacon Hill’s Minas Moatize Coking Coal Project to Tier One cash cost status […]

Sable Mining Africa Limited, an AIM listed exploration company, has announced a market update with regards to its high grade Nimba Iron Ore Project in south-east Guinea. · Nimba is a high grade bulk tonnage Direct Shipping Ore Project with a current Resource of 181.8Mt @ 58.8% Fe and Maiden Reserve of 53.96Mt @ 61.6% […]

First Diamonds from Trial Mining at Baoulé Kimberlite Pipe in Guinea Stellar Diamonds, the London listed (LSE:STEL) diamond development company focused on West Africa, has announced that first diamonds have been recovered from the commissioning of the mine plant at the Baoulé kimberlite pipe in Guinea. Highlights: · 100tph treatment plant commissioned on schedule in […]