Mining

PROGRESS UPDATE ON PILOT PLANT WORK AT ARAGUAIA NICKELPROJECT, BRAZIL Horizonte Minerals Plc, (AIM:HZM) (TSX:HZM), the nickel development company, has announced positive results following completion of first stage testing of the Rotary Kiln Electric Furnace Pilot Plant for its 100% owned Araguaia nickel project in Para State, north central Brazil. Highlights: · Completed commissioning of...

Update on flotation plant to increase copper, gold and silver production at Gedabek mine, Azerbaijan Anglo Asian Mining, the AIM listed gold, copper and silver producer focused in Azerbaijan, has provide an update on the development and construction of its small scale flotation plant at the Gedabek gold, copper, silver mine, in western Azerbaijan, aimed […]

The share price of Glencore (LSE:GLEN) dropped by 3.11% in trading today, closing at 291.20. Since Glencore acquired Xstrata in May 2013 the impact of picking up the coal mining assets has combined with the broader world economic conditions to weigh on the company’s FY 2014 results. Taking the good with the bad On the […]

Optimisation Study Completed at Yanfolila Gold Project, Mali Hummingbird Resources, the multi-project gold company, has announced the results of its Optimisation Study which highlights the increased size, extended life of mine and robust economics of the Yanfolila Gold Project in Mali and the defined path to production in H1 2016, with construction commencing on time […]

GOLD (XAUUSD) Dominant Bias: Bearish Gold was bearish for the most part of the last month and there is a possibility that it would continue to be bearish this month. There has been a series of higher lows and lower lows in the market and the current higher low may be another opportunity to sell […]

Lately the U.S. and UK markets have been getting excitinger and excitinger. I know that’s bad grammar, but I just can’t help it. It’s exciting! We’ve been watching the FTSE 100 as we promised. (Obviously we would do that anyway.) But we can’t ignore the NASDAQ and the Russell 2000, both of which are reaching […]

Includes acquisition of Yanfolila gold project Hummingbird Resources, the multi-project gold company, has announced its unaudited financial results for the six months ended 30 November 2014. Operational Highlights: · Completed acquisition of Yanfolila gold project in Mali from Gold Fields Ltd (‘Gold Fields’) in July 2014 · Drilling results reported at the Yanfolila Project ·...

Shares of mining major, Rio Tinto (LSE:RIO) have been up this afternoon in fairly light trading following its announcement of its next step in the transformation of its operational structure. Although its shares were in decline for most of the day, hitting a low of 3,189 in early trading, most of the day has been […]

Horizonte Minerals Plc, (LSE:HZM)the exploration and development company focused in Brazil, announces its results for the year ended 31 December 2014. Overview: · Completion of NI 43-101 compliant Pre-Feasibility Study on the 100% owned Araguaia Nickel Project in Brazil, demonstrating robust project economics for a 15,000 tpa nickel in Fe-Ni product with post-tax Net Present […]

Financial Results for the Year Ended 31 December 2014 Savannah Resources plc (LSE:SAV) announces its audited financial results for the year ended 31 December 2014. · Transformational move into mineral rich Oman, diversifying commodity and geographic reach – acquired interests in Blocks 4, 5 and 6 copper projects in the Sultanate of Oman, which includes […]