Mining

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 […]

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 […]