Mining

Commissioning of Plant at Pickstone-Peerless Gold Mine Vast Resources plc, the AIM-listed resource and development company, has announced the commissioning of the ball mill and the carbon in leach plant at the Pickstone-Peerless Gold Mine, thus facilitating the start of gold adsorption and marking a further milestone in its transition into a cash generative mining […]

The biggest financial news of the week, up until Greek Prime Minister Alexis Tsipras announced his resignation, has, arguable been George Soros investing the equivalent of £1.43 million in Arch Coal (NYSE:ACI) and Peabody Energy (NYSE:BTU), two coal mining companies that have have been struggling, having lost 98% of their value over the past several years. […]

Gold Gold experienced a smooth downwards movement in July 2015. In August, price consolidated for about two weeks before breaking northwards last week. Price consolidated again before the end of last week and in the beginning of this week before breaking northwards again. This week is particularly interesting because Gold was thought of rallying, which […]

It might have been a better day for Glencore’s (LSE:GLEN) share price and the FTSE 100 if the former had not had to publish its Q2 and H2 operations and financial report. The mining giant’s share price dropped by 9.74% to close at 158.95, continuing a decline that began a year ago on 25 July […]

Uranium Resources stock (LSE:URA) is expected to go upward, owing to the Double Bottom Pattern in the market and the current price action. The market reached a floor on April and May 2015 before rising up significantly. At the end of July, it reached another floor, and now the price is taking off. In the […]

Financing Proposal and Notice of GM Further to the announcement dated 22 July 2015, North River Resources, the AIM quoted resource company focused on the Namib Project Lead-Zinc Project in Namibia, has provided an update in respect to its proposed near term financing plan to raise US$4.0 million, which will be used to progress the […]

Government approval for acquisition of Mothae Paragon Diamonds Limited, the AIM quoted diamond development company, has announced that further to the announcement of 14 July 2015, the Company has now obtained the necessary formal approval from the Government of Lesotho to complete the acquisition of a 75% interest in, and operatorship of, the defined Mothae […]

Landmark Trading Agreement with COMESA African Potash, the AIM listed exploration company focused on sub-Saharan potash assets, has entered into a trading agreement with the Common Market for Eastern and Southern Africa and the Mask Africa Crowd Farm Fund Limited, with a view to creating a vertical platform for the mining, production and distribution of […]

RHA Project Update Premier African Minerals Limited, the AIM-traded, multi-commodity mining and resource development company focused on Southern and Western Africa, has issude an interim update on progress and developments at its flagship project the RHA Tungsten mine, in respect of which the Company is the operator and holds a 49% interest. · Plant modifications […]

Developed Process Route for Gold Recovery following Metallurgical Testwork Armadale, the AIM quoted investment company focused on natural resource projects in Africa, has announced that a review of metallurgical testwork has supported the development of a planned process route for gold recovery at the 678,000oz Mpokoto Gold Project in the Katanga Province of the Democratic […]