Mining

Preliminary Results Goldplat plc, the AIM listed gold producer, announces its preliminary results for the year ended 30 June 2015. Overview – Focussed on growth of market-leading gold recovery operations in South Africa and Ghana, with additional upside available from mining and exploration portfolio – Produced 30,524 ounces of gold (2014: 30,977 ounces) with 21,181 […]

MOU with a Congolese Distributor for the Supply of Minimum 150,000MT of Fertiliser in the Democratic Republic of Congo African Potash, the AIM listed exploration company focused on sub-Saharan potash assets and the vertical integration of fertiliser operations, has entered into a memorandum of understanding with a local Congolese distributor with a view to supplying […]

Market Update African Potash, the AIM listed exploration company focused on sub-Saharan potash assets and the vertical integration of fertiliser operations, has announced that agreement has been reached to establish a sale price of US$500 per metric tonne in respect of 50,000MT fertiliser product to be sold pursuant to the Memorandum of Understanding announced on […]

W Resources stock (LSE:WRES) has been performing wonderfully, bringing smiles to buyers’ faces. Before the current strong bullish movement, the stock was in a base for several months. The stock broke strongly upwards in August 2015, sprinting northwards until now. The ADX period 14 is above the level 60, denoting a very strong momentum in […]

First Gold Pour at Pickstone-Peerless Gold Mine, Zimbabwe Vast Resources plc, the AIM-listed resource development and production company, has commenced production at its 584 hectare Pickstone-Peerless Gold Mine in Zimbabwe, with its first gold smelt producing 8.5kg of gold bullion, which will be delivered to the Fidelity refinery in Harare. This milestone follows the maiden […]

BHP Billiton’s share price (LSE:BLT) rebounded today as two new parts of the company’s developing story were revealed. By and large, investors will probably give much more attention to the cuts in executive pay than the other, just as significant story. BHP shares are up at 1,046.00 at 11:09 a.m. EDT. That is a gain […]

Interim Results Hummingbird Resources, the multi-project gold company, has announced its unaudited financial results for the six months ended 30 June 2015. Operational Highlights · Significant progress made in the development of the 1.8Moz Yanfolila Gold Project, Mali, ahead of first gold pour targeted for 2016 o Optimisation study highlighted increased size, extended life of […]

Interim results for the six month period to 30 June 2015 Anglo Asian Mining, the AIM listed gold, copper and silver producer focused in Azerbaijan, has issued interim results for the six month period ended 30 June 2015 (“H1 2015”). Note that all references to “$” are to United States dollars. Operational overview · Robust […]

High Grade Copper Mineralisation Identified at the Aarja Prospect Block 4, Semail Ophiolite Belt, Oman Savannah Resources (LSE:SAV) has identified new high grade copper mineralisation on at the Aarja Prospect at its Block 4 permit following a detailed collation of historical data. The copper mineralisation is located along strike and under the previously mined Aarja […]

Mining shares were like an anchor for the FTSE today, during a period when the last thing the FTSE needs is an anchor. Although it was not the biggest loser of mining sector of the combined 1,034 losers on the LSE, BHP Billiton’s share price (LSE:BLT) fell more than 5.0% to 1,021.50, back the position it […]