Mining

Technical Study for Mothae Kimberlite Project Paragon Diamonds Limited, the AIM quoted diamond development company, has announced the results of two independent studies carried out by The MSA Group on the Mothae Kimberlite Project, located in Lesotho, that Paragon is in the process of acquiring. The conclusions exceed management’s initial expectations, as detailed in the […]

Interim Results Noricum Gold Limited, the European focused base and precious metals exploration and development company, has announce its interim results for the six months ended 30 June 2015. Highlights · Work during the period culminated in the transformational acquisition of 50% of the Bolnisi Copper & Gold Project in Georgia, positioning Noricum as a […]

What are the details? Horizonte Minerals Plc, (AIM:HZM) (TSX:HZM) the nickel development company focused in Brazil, has announced the award of a new 1,610 hectare concession area, adjacent to Glencore plc’s advanced Vale dos Sonhos and Serra do Tapa nickel laterite deposits. The New Concession is located approximately 60 kilometres north of Horizonte’s 100% owned […]

Interim Results for the six months ended 30 June 2015 Armadale, the AIM-quoted investment company primarily focused on the Mpokoto Gold Project in the Democratic Republic of the Congo, announces its interim results for the six months ended 30 June 2015. Highlights – Targeting low capex, low opex commercial gold production at the Mpokoto Gold […]

Normally I don’t pay much attention to warnings of potential financial woes on the horizon, largely because there is always someone prophesying global gloom and doom. But when Citigroup’s chief economist warns, it is not only something I regard as newsworthy, it is something I regard as significant. Willem Buiter doesn’t do this sort of […]

What are the details Bacanora, the London and Canadian listed (AIM:BCN) (TSX-V:BCN) lithium and borates company focused on Mexico, has mobilised a second drilling rig to site and also provides an update on the drilling programme currently being undertaken as part of the pre-feasibility study at its Sonora Lithium Project in Mexico. Bacanora has now […]

How will investors take that news about Mark Owen? Noricum Gold Limited, the European focused base and precious metals exploration and development company, has appointed Mr. Mark Owen, who has spent the past 13 years as Technical Director for leading consultancy Wardell Armstrong International, as a Senior Advisor to the Company with immediate effect. Mr. […]

High Priority Potential VMS Drill Targets Identified – Block 4 Oman Project Savannah Resources plc (AIM:SAV) has advised invesors that it has received positive modelling results from the Versatile Time Domain Electromagnetic survey conducted at its 408km² Block 4 Copper Project, located in the strongly mineralised Semail Ophiolite in northern Oman, which highlights the potential […]

Operational Update Goldplat, the AIM listed African gold producer, has announced significant progress on capital projects and new contracts aimed at improving the production and efficiency of its gold recovery operation in South Africa, Goldplat Recovery (Pty) Limited, which processes by-products from the mining process to recover gold. Capital projects – A new electric boiler […]

Shares of Glencore (LSE:GLEN) rose more than 7% to close at 131.80 on the London Exchange today when it released an update on its aggressive plans to reduce its net debt and “adapt the business to the current commodity landscape.” The move is much the same as Lord Nelson would have done with HMS Victory, […]