Mining

Nayega Manganese Project, Togo – New Ferromanganese Strategy, Definitive Feasibility Study and Mining Licence Update Ferrex plc, the AIM quoted iron ore and manganese development company focused in Africa, has provided a strategic update from the 92,390Ha Nayega Manganese Project, held through Societe Generale de Mines, located in northern Togo. The Company is focussed on […]

Company argues of “substantial” progress made Paragon Diamonds Limited, the AIM quoted diamond development and production company, has issued audited final results for the six months to the 30 June 2014. Overview: * Substantial progress made towards building a cash generative diamond production company with a portfolio of multi-stage projects located in known diamondiferous regions...

Update re: Ethiopian Wayu Boda JV Gold Project Alecto Minerals plc (LSE:ALO), the AIM quoted mineral exploration company focussed on West and East Africa, has been formally notified by its Joint Venture partner Centamin plc that, following the completion of the recent exploration programme, it will continue to satisfy the initial expenditure commitment at the […]

GOLD (XAUUSD) Dominant Bias: Bearish Gold has been trending downwards in a significant mode since the middle of July 2014. From the supply level at 1344.80, the price has tested the demand level at 1225.50. This is a downward movement of close to 2000 points. The weakness in the market remains valid and the price […]

High Quality VMS Copper Drill Targets Identified in Block 5, Oman Savannah Resources plc (LSE:SAV) announces that field reconnaissance of high priority Versatile Time Domain Electromagnetic Survey targets at the Company’s prospective Block 5 Copper Project, located in the strongly mineralised Semail Ophiolite Belt in northern Oman, has identified a number of high quality drill […]

First Exploration Drill Hole Completed Intercepts Potash Mineralisation African Potash, the AIM listed company focused on sub-Saharan potash assets, has successfully intersected potash mineralisation at its Lac Dinga Potash Project in the Republic of Congo. LDDH_001 drill hole is the first of two holes to be completed within the Project area. Highlights: · LDDH_001 intersected […]

The share price of Petra Diamonds Ltd (LSE:PDL) rose by more than 8.6% today to 192.1 after the company had recovered a 232.08 carat diamond of exceptional quality from the legendary Cullinan mine in South Africa, proving that the best way to boost a diamond mining stock is by mining diamonds, especially exceptional ones. The closing […]

Mariana Options Strategic RurimaracGold Property Mariana Resources Ltd, an AIM quoted exploration and development company focused in Peru, southern Argentina and Chile, announces it has entered into an option to earn up to 70% of two potentially strategic gold tenements, located in the prospective Cordillera Negra metallogenic province in Peru. The Rurimarac Properties are located […]

ARIANA secures 100% surface rights for Arzu South Ariana Resources plc, the Anglo-Turkish gold exploration and development company focused on Turkey, has released update from its Kiziltepe Gold-Silver Mine following the Company’s recent approval of US$33 million of funding with a Turkish investment bank. Kiziltepe is the initial mine targeted at the Red Rabbit Gold […]

Potential Volcanic Massive Sulphide Clusters Identified – Blocks 5&6 Copper Project, Oman Savannah Resources (LSE:SAV) has announced that it has received positive results from the recent reprocessing of a Versa​tile Time Domain Electromagnetic airborne survey originally completed in 2010 at its highly prospective, 870km² Block 5 and Block 6 copper project, located in the prospective...