Mining

GOLD (XAUUSD) Dominant Bias: Bearish Gold fell by over 8000 points last month, testing the support level at 1084.90 before experiencing a pause in the bearish momentum. Price dived significantly, reaching the monthly low of 108.90 on July 24, 2015. Then it started moving sideways for the rest of the month. The bias on the […]

What are the details? Sable Mining, the AIM listed iron exploration and development company, has announced results from metallurgical test work conducted at the Plateau 2 area of the 205.2 million tonnes Nimba Iron Ore Project in Guinea. Highlights: · Detailed mine scheduling shows a life of mine of more than 20 years, and highlighted […]

PLACING AND SUBSCRIPTION TO RAISE £1,000,000 Ariana Resources, the Anglo-Turkish gold exploration and development company focused on Turkey, has announced that it has raised £1,000,000 before expenses. The proceeds of the Placing and Subscription will be used primarily for further exploration and resource development of the Kiziltepe Sector of the Red Rabbit Gold Project in […]

Placing and subscription of 105,416,662 Ordinary Shares at a price of 1.2pence per share Vast Resources plc, the AIM listed resource and development company, has announced that it has raised approximately £1.26 million (approximately $1.96 million) before costs through a placing of 45,416,662 ordinary shares of 0.1 pence each in the Company and a subscription […]

Buyers are encouraged to continue holding Jubilee Platinum stock (LSE:JLP) because it has a good potential to continue going further upwards, considering the recent short-term dip in the context of an uptrend and what price action is saying. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The […]

Appointment of Interim CEO FinnAust Mining plc, the AIM listed exploration company with a multi-project, copper, zinc and nickel portfolio in Finland and Austria, has announced the appointment of Roderick McIllree as its non-Board interim Chief Executive Officer. Mr. McIllree is a graduate of Curtin University’s Kalgoorlie School of Mines, holds a Bachelor of Science […]

Manaila mine: fulfilment of conditions precedent Vast Resources plc, the AIM listed resource and development company, is pleased to announce that all the conditions precedent under the sale and purchase agreement for the acquisition of a 50.1 per cent. interest in Sinarom Mining Group srl, the owner of the 1.8Mt polymetallic Manaila mine located in […]

Positive Results from Mapping and Sampling, Walchen, Austria Noricum Gold Limited, the European focused base and precious metals exploration and development company, has provided an update on its exploration activities at the Company’s 100% owned Walchen VMS Deposit, located in an area of Austria proven to host copper, gold and silver mineralisation. In particular, the […]

Namib Lead Zinc Mine Bankability Strengthened Significantly following completion of further Metallurgical Testwork North River Resources has announced that, following supplementary metallurgical testwork, confidence in the planned ore processing solution for the Namib Lead Zinc Project in Namibia has been improved significantly. Highlights: · A critical milestone as North River moves towards...

Mothae Acquisition – Update Paragon Diamonds Limited, the AIM quoted diamond development company, has announced that, further to the announcement of 5 May 2015, the Company has now entered into a legally binding share purchase agreement with Lucara Diamond Corporation with regards to the acquisition of the Mothae Kimberlite Resource. Mothae is located close to […]