Mining

Pre-payment facility agreed with Auramet International Goldplat plc, the AIM listed African gold producer, has announced that its gold recovery operation in Ghana, Gold Recovery Ghana has received cash of USD1.4 million on 5 November 2015 in respect of the backlog material sold to Aurubis AG. This receipt will enable GRG to make payments to […]

Company said to be ‘delighted’ by the news ++Miton Group Acquires Significant Interest in Company++ DekelOil Public Limited, operator and 51% owner of the vertically integrated Ayenouan palm oil project in Côte d’Ivoire, was notified on 10 November 2015 that Miton Group PLC acquired 51,599,997 shares, representing a 3.35% interest in the Company, on 9 […]

The pilot plant, located at Morro Azul in the State of Minas Gerais, processed 160 wet tonnes of ore over an 11 day period Horizonte Minerals Plc, (LSE:HZM) the nickel development company focused in Brazil, has announced the completion of the integrated Rotary Kiln Electric Furnace pilot plant campaign for its 100% owned Araguaia nickel […]

SIERRA LEONE DECLARED EBOLA-FREE Stellar Diamonds plc, the London listed (LSE:STEL) diamond development company focused on West Africa, has welcomed the announcement made by the World Health Organisation on Saturday 7 November 2015 that Sierra Leone is Ebola-free after going 42 days without any new infections. The Company, which is in the process of preparing […]

Drilling Underway at High Priority Targets Block 4, Semail Ophiolite Belt, Oman Savannah Resources (LSE:SAV) has commenced the drilling of selected new VTEM targets and historical copper results around the Aarja Prospect in the Block 4 permit area. Savannah is earning a 65% shareholding in the Omani company, Al Thuraya LLC, the owner of the […]

Joint Venture with Orchid Group, Ethiopia Atlas Development (LSE:ADSS), the African focussed support services and logistics company, has announced that it has established an Ethiopian joint venture company with Orchid Business Group PLC, a prominent Ethiopian infrastructure, construction & logistics company, to provide industry leading international standard services in Ethiopia. This...

Operational Update Goldplat plc, the AIM listed African gold producer, has announced a positive operations update for the three months ending 30 September 2015 for its two market leading gold recovery businesses in South Africa and Ghana, and its Kilimapesa Gold Project in Kenya, reporting a total gold production of 9,581 ounces, a return to […]

The Right Honourable Lord Peter Hain appointed as a non-executive director African Potash, the AIM listed exploration company focused on sub-Saharan potash assets and the vertical integration of fertiliser operations in Africa, has appointed The Right Honourable Lord Peter Hain to its Board as a non-executive director, with effect from 1 December 2015. His appointment […]

Financial Results for the Year Ended 30 June 2015 Bacanora, the London and Canadian listed (AIM:BCN) (TSX-V:BCN) lithium and borates company focussed on Mexico, has announced its final audited results for the 12 months ended 30 June 2015. These results were prepared in line with International Financial Reporting Standards, and, unless otherwise specified, amounts are […]

Lonmin shares (LSE:LMI) are supposed to continue going further and further south, given the current price action and the dominant bias in the market. What is happening right now is a good opportunity to go short again. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50, and 200. The color […]