Mining

Enters into Balance Sheet Enhancing Transaction with Shoats Creek Development Northcote has announced that it has substantially improved its balance sheet through two transactions with Shoats Creek Development, Inc., its partner in the development of the Shoats Creek Field, Beauregard Parish, Louisiana. The total reduction in company liabilities resulting from the above transactions is...

To create combined Asheba-Akoko Gold Project in Ghana Goldcrest Resources plc, the gold focused exploration company with interests in projects in Ghana, has agreed terms to acquire the entire issued share capital of Taoudeni Resources Limited, a company incorporated in England & Wales and which owns 100% of the Asheba Gold Project located in Ghana. […]

Proposed Disposal of Sugarloaf AMI Project for a Consideration of up to US$71.5 million Empyrean Energy PLC (AIM:EME.L), a profitable US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, has announced that it has entered into a conditional purchase and sale agreement with Carrier Energy Partners II, […]

Quarter 4 and Full Year 2015, operations and production update – Gedabek gold, copper and silver mine, Azerbaijan Anglo Asian Mining plc, the AIM listed gold, copper and silver producer focused in Azerbaijan, has provided an operations and production update from its Gedabek gold, copper and silver mine in western Azerbaijan for the three months […]

Moving Towards First Production in Q2 2016 at Grants Patch Gold Tribute Project, Australia Keras Resources, the AIM quoted resource development company, has confirmed that it has made progress at the Grants Patch Gold Tribute Project, located 30km north of Kalgoorlie in the prospective Western Australian goldfields. The Company believes it will commence initial production […]

Drilling Completed in Oman Savannah Resources (AIM:SAV), advises that it has completed its initial reverse circulation and diamond drilling programme over Blocks 4 and 5 in Oman, which are prospective for both copper and gold. Savannah is earning a 65% shareholding in the Omani company, Al Thuraya LLC, the owner of the Block 4 licence […]

Placing to Raise £825,000 to Accelerate Expansion of Trading Operations African Potash, the AIM listed exploration company focused on the vertical integration of fertiliser operations in Africa and sub-Saharan potash assets, has announced a placing of 48,529,412 new ordinary shares in the Company at a price of 1.7p pence per share to raise gross proceeds […]

Issue of up to £0.5 million of Equity Vast Resources, the AIM listed mining company with operations in Zimbabwe and Romania, has announced that, further to the announcement of 4 January 2016, certain directors, senior executives or consultants of the Company entered into a subscription agreement on 5 January 2016 according to which they will […]

20,000MT Trade under COMESA Agreement African Potash, the AIM listed exploration company focused on the vertical integration of fertiliser operations in Africa and sub-Saharan potash assets, has dispatched 20,000 metric tonnes in partial satisfaction of the sale agreement previously announced on 1 October 2015. Highlights: · Dispatch of the initial 20,000MT of urea fertiliser stock […]

Three Primary Targets Identified at Pituffik Titanium Project FinnAust Mining plc, the AIM listed exploration company with projects in Greenland, Finland and Austria, has provided further detail on work completed during 2015 at the recently acquired 126 sq km Pituffik Titanium Project in Greenland. This work focused on better defining areas likely to host economic […]