Mining

Alecto Minerals (LSE:ALO), an AIM listed African focussed multi-commodity exploration and development company, is pleased to announce that Mark Jones has been appointed to the Board as Chief Executive Officer with immediate effect. The appointment follows the passing of certain resolutions at a General Meeting of the company on the 2nd October as a result […]

Follows positive August results. Explorer-developer Premier African Minerals (LSE:PREM) has announced that it has amassed a multi-commodity suite of assets in Africa. In late August 2013, PREM released positive results from a Preliminary Economic Assessment (PEA) and concept mining study on the flagship RHA tungsten (WO3) project in Zimbabwe. The PEA envisaged a six-year operation […]

Sable Mining Africa (LSE:SBLM), an AIM listed exploration company, has announced the granting of a mining licence for the Nimba Iron Ore Project in south-west Guinea, the second largest undeveloped on- or near-rail Direct Shipping Ore project to be held outside the major mining companies in West Africa. The licence, or “Permit D’Exploitation Miniere”, number […]

. Premier African Minerals (LSE:PREM), a multi-commodity natural resource company with mineral projects located in Western and Southern Africa, has announced that RHA Tungsten Private Limited (‘RHA’) has simultaneously concluded a shareholder agreement and a management agreement with the National Indigenisation and Economic Empowerment Fund (‘NIEEF’), representing and acting for and on behalf...

Atlantic Coal (LSE:AIM), the AIM listed anthracite coal production and processing company with primary activities in Pennsylvania, USA, has announced its results for the six months ended 30 June 2013. Overview: · Increased profitability. A net profit of US$2,488,465 compared with a loss in H1 2012 of US$1,366,923 · Bolstered anthracite portfolio through the exercise […]

Sometimes investing makes you smile.  Other times it can make you want to jump off the nearest tall building.  Although certainly not the only sector that can take you through those highs and lows, mining provides a pretty good example that investing is not for the faint of heart.  Take these recent headlines, for example: […]

Sable Mining Africa (LSE:SBLM), an AIM listed exploration company, has announced “encouraging assay results” from the company’s recently completed expansion exploration programme at the Nimba Iron Ore Project in south-east Guinea (‘Nimba Project’). In a statement the company cited “results demonstrate high grade canga in the expansion area with best grade and vertical width of […]

Sula Iron & Gold (LSE:SULA), an iron ore and gold exploration company focussed on Sierra Leone, has announced that it has received the final positive assay results from its nine hole 2,000m drilling programme targeting iron mineralisation at its wholly owned 153 sq km Ferensola Project. The full set of results confirm Ferensola’s prospectivity for […]

Uranium Resources (LES:URA), an AIM listed uranium exploration and development company, has provided an update on its Tanzanian uranium project development and acquisition strategy. Mineralogical studies have identified uraninite and coffinite as main uranium minerals and unequivocally validate the Company’s uranium roll-front exploration model at the company’s Mtonya site, which is also...

On Goldstone Resources market (LSE:GRL) the southward breakout that occurred within the last two months proved to be a false one. The price then moved back inside the Trendlines, later breaking the upper Trendline to the upside, and trading further upwards in a turbulent manner. What happen in other businesses are not what happen in […]