Mining

Placing to Raise £600,000 gross Alecto Minerals plc (LSE:ALO), the AIM quoted mineral exploration company focussed on West and East Africa, has said that it has raised £600,000 (before expenses) by way of a placing, via Hume Capital Securities plc, of 200 million new ordinary shares of 0.01 pence each in the capital of the […]

Block 4 Database Acquisition – Oman Savannah Resources (AIM:SAV) has agreed to acquire an extensive, digitised exploration database relating to the Block 4 Copper Project (over which Savannah has an agreement to earn in up to 65%), which is located in the mineral rich Oman Ophiolite belt. Block 4 is one of three highly prospective […]

Quarter 4 and Full Year 2014, operations and production update – Gedabek and Gosha gold, copper and silver mines, Azerbaijan Anglo Asian Mining, the AIM-listed gold, copper and silver producer focused in Azerbaijan, has issued fresh details about production and operations for its Gedabek and Gosha gold, copper and silver mines in western Azerbaijan for […]

Get the lowdown below Rose Petroleum, the AIM-listed (LSE:ROSE) natural resources company, has provided a detailed operational update on the current activities taking place within both its oil and gas and mining divisions. Overview: · On-going drilling programmes in both oil and gas basins of the prospective Mancos and Paradox plays in Utah – current […]

Shareholder Support for 100% Acquisition of Aegean Metals Group Inc with Highly Prospective Gold-Copper-Silver Projects in Turkey and Chile Mariana Resources Ltd, the AIM quoted exploration and development company focused in South America, has announced that following a meeting of Shareholders of Aegean Metals Group Inc there was overwhelming support for the plan of arrangement […]

Appointment of environmental and planning consultants for Kincardine Underground Coal Gasification Project, Scotland Cluff Natural Resources Plc, the AIM quoted natural resources investing company, today announced the appointment of Environmental Resources Management as the Company’s environmental and planning consultants for the proposed Kincardine Underground Coal Gasification Project...

Also provide Progress Update on Trial Mining at Baoulé Kimberlite, Guinea Stellar Diamonds plc, the London listed (AIM:STEL) diamond development company focused on West Africa, has released details of operational update from trial mining at its 75% owned, five hectare Baoulé kimberlite pipe in Guinea. Highlights: · Trial mining has yielded a total of 2,145 […]

Completion of Analysis of Historic Drilling Results at Kerboulé Gold Project, Burkina Faso Alecto Minerals plc (AIM: ALO), the AIM quoted mineral exploration company focussed on West and East Africa, has provided an update on the 399.5 sq. km. Kerboulé Gold Project, located in the highly prospective Birrimian-age Djibo gold belt in northern Burkina Faso, […]

GOLD (XAUUSD) Long-term Bias: Bearish Gold trended lower last year – just as it did in the year 2013. From January 2014 to early March of the same year, price moved upwards significantly, topping at 1391.97. Since then, further rally was rejected and price began to come down, although the bulls made desperate effort to […]

Let us take a close look… New Jersey Mining Company (OTCQB:NJMC) today announced results of its underground drill program and summarized its 2014 activities at the McKinley gold project in central Idaho. In 2014, NJMC drilled 21 small diameter (B sized) core holes totaling 1,273 feet (388 meters) from within the underground workings of the […]