Mining

Armadale (LSE:ACP), an AIM quoted investment company focused on natural resource projects in Africa, have released assay results from the Company’s recent investment in the highly prospective, low-cost, Mpokoto Gold Project in the Katanga Province in the south of the Democratic Republic of Congo. The results were returned from the final 20 holes of a […]

Mariana Resources (LSE:MARL) which broke northward in a significant mode at the beginning of November 2013, is currently being pulled back. This is a good opportunity for the bulls to go long at cheaper prices. Here, the ADX period 14 is sloping above the level 50 (signifying a very strong bias), while the DM+ is […]

Beacon Hill Resources (LSE:BHR) can be sold at 0.80 and later exited at 0.20 in what could potentially be a profitable short trade. The long-term bias is downwards and the bulls are too weak to effect any meaningful changes, until further notice. The price has been trending downwards for several months, breaking new lows, even […]

Mariana Resources (LSE:MARL), an AIM quoted exploration and development company focused in Peru and southern Argentina, have released positive initial results from scout drilling at Pucayacu target of the Condor de Oro copper-gold project, located along the prolific gold-copper Cordillera del Condor belt in Northern Peru. Highlights: – First two holes indicate multiple mineralisation...

Beacon Hill Resources (LSE:BHR) (ASX:BHU), the AIM and ASX listed coal producer, have provided an update on rail logistics at its flagship asset, the Minas Moatize Coal Mine in Tete, Mozambique. · Arrival of maiden test train to trial the Tete coal loading facility · Five new 2,240 kW diesel locomotives on track to be […]

Armadale, the AIM quoted investment company focused on natural resource projects in Africa, have released details of Mining Restoration Investments Limited interim results for the period ended 31 August 2013. Armadale holds approximately 40% of the equity in MRI, which has coal briquetting operations and has developed technology to treat Acid Mine Drainage in South […]

Anglo Asian Mining (LSE:AAZ), the AIM listed gold producer in Azerbaijan, is pleased to announce that it has appointed Mr Sean C. Muller as a Director of Geology with immediate effect. Mr Muller’s non-Board role will be primarily focused on further advancing the exploration and development of Anglo Asian’s flagship Gedabek gold, copper, silver mine […]

Sable Mining Africa (LSE:SBLM), an AIM listed exploration company, have released details of a 32% increase in its JORC Code compliant resource at the Nimba Iron Ore Project in south-east Guinea (‘Nimba’ or ‘the Project’) following expansion exploration drilling. Overview: · 32% tonnage increase in JORC Code compliant Mineral Resource at Nimba to 178.4Mt, up […]

The board of Centurion Resources (LSE:CEN), the AIM quoted natural resource company has announced the proposed acquisition of the entire issued share capital of FinnAust Mining plc, an exploration company with extensive holdings in Finland. The consideration for the Acquisition is £7.7 million and will be satisfied by the issue of the Consideration Shares. In […]

Alecto Minerals (LSE:ALO), an AIM quoted mining exploration company focussed on West and East Africa, has provided an update on the Company’s exploration activities at its 207 sq km Kossanto Gold Project in the prospective Kenieba Inlier in western Mali. Overview: · Discovered new highly prospective high grade gold area within the southern section of […]