Mining

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 […]

Binding Memorandum of Understanding signed for US$12m equity and debt finance package Paragon Diamonds, a AIM quoted diamond development company, has signed a legally binding Memorandum of Understanding with International Triangle General Trading LLC with regards to a US$12m equity and debt financing package. ITGT is a privately owned international investment group, with a focus […]

Update on Baseline Environmental Study on Närke Oil Shale-Uranium Project, Sweden URU Metals, the multi-commodity exploration company, is pleased to announce that it has completed the first stage of the Company’s Baseline Environmental Study, for the Närke Oil Shale – Uranium deposit, located in Sweden. The company has said that the study confirmed that there […]

Additional Drill Targets Identified through Deep Sensing IP Geophysics at the Soledad Copper-Gold-Silver Prospect, Central Peru. Mariana Resources Ltd, the AIM listed exploration and development company with projects in South America and Turkey, has provided an update on the results obtained from the Deep Sensing IP geophysical survey at the Soledad Copper-Gold-Silver Project, Central Peru...

Schonberg Drill Update Noricum Gold Limited, the Austrian focused gold exploration and development company, has announced a drilling update from the Company’s 100% owned Schonberg Gold and Precious Metals Project. Recent activities comprise part of a drill programme being undertaken across three main target areas to test the deeper massive sulphide mineralisation as well as […]

Agreement to Utilise Established Rail Corridor to Port of Buchanan Sable Mining Africa Ltd, the AIM listed iron ore exploration and development company, has said that West Africa Exploration S.A., its 80% subsidiary, has signed an Infrastructure Development Agreement with the Government of Liberia relating to the development, ownership rights, financing, use and operation of […]

Ground Geophysics Confirms High Priority VMS Copper Drill Targets, Oman Further to the announcement of 24 December 2014, Savannah Resources (LSE:SAV) have issued results from the recently completed ground Electro-Magnetic survey conducted over a number of high priority prospective copper targets within Blocks 4 (Savannah earning 65%) and Block 5 (Savannah 65%) in Oman. Savannah […]

What do they plan to do? Stellar Diamonds plc, the AIM quoted (LSE:STEL) diamond mining and exploration company focused on West Africa, has raised approximately £1 million through the issue of 88,362,066 new ordinary shares of 1p each at 1.16p per share to directors, existing private shareholders and new institutional investors. The proceeds of the […]