Mining

Savannah Resources plc (LSE:SAV) has completed the acquisition of interests in the highly prospective Block 5 and Block 6 copper projects in the Sultanate of Oman from TSX-V listed Gentor Resources Inc. The acquisition of these Projects forms part of Savannah’s growth strategy of building a globally diverse, multi-commodity exploration and development company. Overview: · […]

Alba Mineral Resources stock (LSE:ALBA) has been given a new lease of energy. This means the price has gotten some stamina and should continue going upwards, following the sudden jump up (a significant bullish breakout). The price broke out significantly from the area of the Upper Trendline. This ended the many months of boring equilibrium […]

Northcote (LSE:NCT) has provided an update on its 2014 work programme and the issue of £300,000 zero coupon secured loan notes to further accelerate drilling work at Zink Ranch. Highlights: · In order to deal with the current and anticipated increases in gas & fluid flows resulting from the 2014 programme infrastructure improvements are required. […]

Chairman of the Bored? Alecto Minerals (LSE:ALO), the AIM quoted mineral exploration company focussed on West and East Africa, have announced that Dominic Doherty, currently Alecto’s Operations Manager, has been appointed to the Board as Operations Director with immediate effect. In tandem with this, Mike Ware, the Company’s part time Executive Director, will step down […]

Exploration Update – Soil Sampling Programme at Schonberg Project Noricum Gold Limited, the Austrian focused gold exploration and development company, has issued an update for its wholly owned Schonberg Precious Metals Projects located in south-central Austria. 1,811 samples in total have now been taken from four target areas defined across the Schonberg licence area. The […]

$12.0 million project equity agreement with Greenstone Resources Highlights: · Binding Investment Agreement signed with Greenstone Resources LP, a long term strategic investor, for $12.0 million of equity funding · Greenstone has subscribed for an initial tranche of $2,784,680 of ordinary shares of 0.2 pence each in the capital of the Company (“Ordinary Shares”) at […]

Soledad Project Update Peru- 174m of Copper-Gold-Silver Mineralisation at Breccia 1 & Altered Porphyry at Breccia 5 Intersected Mariana Resources, the AIM quoted exploration and development company focused in Peru and southern Argentina, has announced further positive results from its recently completed 2,084m drill campaign at the copper-gold-silver Soledad prospect in Peru, located in...

Randgold Resources shares (LSE:RRS) were bullish at the beginning of this year, before the market was caught in a 3-month correction which lasted until the end of May 2014. Since the beginning of June 2014, the market has been going upwards, and it is expected to continue doing that for the rest of this year. […]

GOLD (XAUUSD) Dominant Bias: Bullish There is an established bullish bias on this market, with the greater probability that the price would continue going higher. However, there could be some temporary pullbacks along the way, which should not take the price below the demand levels at 1299.00 and 1288.00, so that the bullish bias could […]

That is in Peru, just so you know Mariana Resources, the AIM quoted exploration and development company focused in Peru and southern Argentina, has commenced additional drilling at the 102 sq km Condor de Oro copper-gold-molybdenum project, located along the prolific Cordillera del Condor gold-copper belt in Northern Peru. Mariana’s decision to extend the drill […]