Mining

Placing and Subscription of 167 million new Ordinary Shares to raise £835,000 Ferrex, an AIM quoted manganese development and iron-ore exploration company focused in Africa, has raised £835,000, before expenses (£768,250 net of expenses) through the placing of 127,500,000 new Ordinary Shares and subscription of 39,500,000 million new Ordinary Shares at 0.5p each in the […]

MINING LAW MODIFICATIONS APPROVED Ariana Resources, the Anglo-Turkish gold exploration and development company focused on Turkey, is pleased to announce that several modifications to the Mining Law were recently approved by the Turkish Parliament and have now been brought in to effect by the President. The Company believes this will hasten the mining permitting process […]

Final Results Ferrex plc, the AIM quoted manganese development and iron-ore exploration company focused in Africa, has published final results for the year ended 30 September 2014. · Manganese development and iron ore exploration in Africa focused on advancing low-capex, simple open-pit, low strip ratio projects which are located near to infrastructure and can be […]

Significant Coal Exploration Target Confirmed at Workington and Maryport Licence Areas in Cumbria, UK Cluff Natural Resources Plc, the AIM quoted natural resources investing company, has announced an initial Exploration Target in accordance with the JORC Code of between 384 million and 640 million tonnes of coal within its 100% owned coal exploration licences located […]

Ariana Resources, the gold exploration and development company focused on Turkey has announced that it has entered into an investment agreement with Metal Tiger (LSE:MTR) that includes a direct equity investment of up to £150,000 by Metal Tiger for shares with attaching warrants in Ariana. Dr. Kerim Sener, Managing Director, commented: “Ariana is pleased to […]

Impressive Intersection of 103m @ 9.0 g/t Au and 2.2% Cu from Initial Drilling at the Hot Maden Prospect, Eastern Turkey Mariana Resources Ltd , the AIM listed exploration and development company with projects in South America and Turkey, has reported that its JV partner and operator Lidya Madencilik Sanayi ve Ticaret A.S., earning 70%) […]

POSITIVE PUBLIC HEARING OUTCOME FOR THE ARAGUAIA NICKEL PROJECT, BRAZIL Horizonte Minerals, (LSE:HZM) (TSX:HZM) the nickel development company focused in Brazil, has released fresh detial from the outcome from its Public Hearing held on the 30 January 2015 for its 100% owned Araguaia nickel project in Para State, north central Brazil. Highlights: · Public Hearing […]

GOLD (XAUUSD) Dominant Bias: Bullish Gold went upwards last month, topping at 1307.35. After this, price began to trend lower around the end of that month, resulting in a serious threat to the existing bullish bias. There is a need for Gold to break the last month high to the upside, while trading further northwards […]

Drilling Underway at High Priority Copper Targets, Oman Savannah Resources plc (AIM: SAV) has said that drilling has commenced in Oman, targeting the recently identified high priority ground Electro-Magnetic targets at Sarami West (Block 5 – Savannah 65%) and Ghayth (Block 4 – Savannah earning 65%). HIGHLIGHTS: · A 10 hole diamond drill programme has […]

QUARTERLY REPORT Nyota Minerals Limited (LSE:NYO) has provides its Quarterly Report for the three months ended 31 December 2014. The Company owns 100% of the Northern Block exploration licences, namely Brantham and Towchester, in Western Ethiopia. HIGHLIGHTS · Fieldwork re-commenced promptly in early January 2015 following the renewal of the Northern Blocks in early December […]