Mining

Posting of Admission Document and board changes Africa Oilfield Logistics (LSE:AOL), the AIM listed African focussed support services and logistics company, has announced that the Board has decided to exercise the call option granted to it pursuant to the framework and option agreement announced on 28 March 2014, to acquire the entire issued share capital […]

Polymetallic Discovery at Hammaslahti Project continues to grow – mineralisation now intercepted over 500m along north to south strike and all holes in first cross-section hit mineralisation FinnAust Mining has announced the discovery of additional high grade copper, zinc, lead, silver and gold mineralisation, which has extended the previously identified high grade polymetallic...

Kibo Mining shares (LSE:KIBO) are very weak, and they would continue to be weak. Unless one goes short, anyone who holds the shares, thinking things would soon go bullish, would end up being kicked in the butt. Most tend to think that all that matters is the correct picking of stocks, but you can be […]

Update on Strategic Review and FSP alongside Further to the announcement by the Company on 10 July 2014 in connection with a strategic review and the commencement of a formal sale process, Empyrean advises that it has set a closing date for bids of 25 September 2014. As notified previously, the Board reserves the right […]

Significant Zones of Higher Grade Heavy Mineral Sands Identified at Jangamo Project, Mozambique Savannah Resources plc (AIM:SAV) has said that it has now received the analysis results from the 3,990m scout drilling programme detailed in the 2 July 2014 RNS at its highly prospective, 180km² Jangamo heavy mineral sands project, located in a world-class mineral […]

Mariana Enters Agreement to Acquire 100% of Aegean Metals Group with Highly Prospective Gold-Copper-Silver Projects in Turkey and Chile Mariana Resources Ltd, the AIM listed exploration and development company with projects in Peru, Argentina and Chile, announces that it has entered into a binding letter agreement with Aegean Metals Group Inc. (TSX.V:AGN) (FRA:A91), a Canadian […]

So, how did they do? Sable Mining Africa Ltd, the AIM listed iron ore exploration and development company, has presented its results for the year ended 31 March 2014. Highlights · Focus on the high grade, high margin, low capex Nimba Iron Ore Project in south-east Guinée · Nimba distinguished as one of the largest […]

Mariana Resources secures up to US$6 million investment to fund growth of South American exploration portfolio over the next 12 months Mariana Resources Ltd , the AIM quoted exploration and development company focused in Peru, southern Argentina and Chile, has entered into a convertible securities issuance deed with Bergen Global Opportunity Fund, LP, an institutional […]

Talks of completed 60 tonne per hour mill DekelOil Public Limited, a palm oil development company with interests in Côte d’Ivoire, has announced its interim results for the year ended 30 June 2014. Highlights: · DekelOil successfully established as a revenue-generative, EBITDA-positive vertically-integrated CPO producer in the Cote d’Ivoire · Successful commissioning of a 60...

African Minerals shares (LSE:AMI) have crashed – dropping significantly for the most part of the year. The bearish bias is so strong that anyone that goes long in this market would be sliced up. In the chart, the ADX period 14 is above the level 50, showing a very powerful trend. The DM+ is below […]