Commodities

Anglo Asian Mining plc, the AIM listed gold, copper and silver production and exploration company in Azerbaijan, is holding its annual general meeting at 11.00am today. At the meeting Reza Vaziri, the Company’s CEO, will make the following statement: “This has been a year of substantial development for the Company as we focussed on capacity […]

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 […]

Channel Sampling at New Departure Silver Mine Black Mountain Resources Limited (LSE:BMZ), a silver focused development company with interests in the US, has issued an update on its New Departure Silver Mine in Montana. In the last week, approximately 118 channel samples (varying from 30cm to 2m) have been taken from the New Departure mine, […]

INVESTMENT INCENTIVES GRANTED FROM TURKISH GOVERNMENT FOR DEVELOPMENT OF KIZILTEPE GOLD-SILVER MINE Ariana Resources, a Anglo-Turkish gold exploration and development company, has confirmed the receipt of several key investment incentives from the Turkish Government for its Kiziltepe Gold-Silver Mine, part of its Red Rabbit Joint Venture in western Turkey with Proccea Construction Co...

Airborne Magnetics Identify Multiple Potential Strand Lines – Jangamo Project Savannah Resources (LSE: SAV) has received preliminary results from the recent airmagnetic survey completed at its highly prospective, 180km² Jangamo heavy mineral sands project, located in a world-class mineral sands province in southern Mozambique. Highlights: · Heliborne magnetic and radiometric survey...

Exploration Update – Soil Sampling Programme at Schonberg Project Noricum Gold Limited (LSE:NMG), anAustrian focused gold exploration and development company, hsa said it has discovered multiple coherent gold and copper in-soil anomalies have been delineated for follow up work through soil sampling at its wholly owned Schonberg Precious Metals Projects located in south-central Austria...

Operational Update and Conditional Placement of GBP 1.5 million in Ordinary Shares for Working Capital and Repayment of Darwin Convertible Loan Beacon Hill Resources (LSE:BHR) has entered into conditional subscription agreements to place up to 600,000,000 ordinary shares in the company at a price of 0.25 pence per Placing Share to raise approximately £1.5 million […]

Increase in Inferred Resource Estimate for the Kossanto Gold Project, Mali Alecto Minerals plc (LSE:ALO), the AIM quoted mineral exploration company focussed on West and East Africa, has announced a 28% increase in its independent Mineral Resource estimate for Gourbassi to 247,000 ounces of gold. This increase follows the recent completion of additional reverse circulation […]

It was less than a fortnight ago, June 11th to be exact, when Lamprell (LSE:LAM) watched the bottom drop out of his share price as investors showed their displeasure with the company’s remuneration report presented at its AGM. On that day, Lamprell’s share price dropped  22 pence (12.9%) to 149.00 just two days after reaching […]

Heads of term agreed with Geo Estratos, an established Mexican oil and gas services company Astar Minerals has said it has agreed heads of terms with Geo Estratos S.A. de C.V., an established oil services business in Mexico, to form a 51%/49% joint venture between Astar and Geo respectively to jointly evaluate, explore, develop, and […]