Mining

Update on Processing Plant for Lemphane Kimberlite Project, Lesotho Paragon Diamonds Limited, the AIM quoted vertically integrated diamond development company in Lesotho, Africa, have announced the finalisation of the design and order plans for a state of the art processing plant for its 80% owned Meso Diamonds’ Lemphane kimberlite mine, which is located among a […]

But will they end up in a hole? Noricum Gold Limited, the Austrian focused gold exploration and development company, has announced that it has commenced drilling a second diamond drill hole, which is anticipated to reach a target depth of 200m at the Weissenbachgraben target, located at the 100% owned Schonberg Gold and Precious Metals […]

Low Cost Acquisition of the Advanced Kerboulé Gold Project in Burkina Faso Alecto Minerals plc (AIM:ALO), the AIM quoted mineral exploration company focussed on West and East Africa, has expanded its portfolio of gold projects in West Africa by entering into an agreement with Kaizen Discovery Inc. for the acquisition, by way of all share […]

Mining Licences Granted for Mpokoto Gold Project Armadale, the AIM quoted investment company focused on natural resource projects in Africa, has been granted four Mining Licences covering the Mpokoto Gold Project in the Katanga Province of the Democratic Republic of Congo, which has a current Total Mineral Resource of 678,000oz gold from 14.58 million tonnes […]

Sale of large high value diamonds from Lemphane Kimberlite, Lesotho, Africa Paragon Diamonds Limited, the AIM quoted diamond development company, has successfully sold a number of stones recovered during the Company’s 2013 bulk sampling programme at its flagship Lemphane kimberlite pipe in Lesotho. Lemphane is located among a cluster of actively mined kimberlites known for […]

CONFIRMATION OF PORPHYRY BY GEOPHYSICS: KIZILITEPE SECTOR Ariana Resources, the gold exploration and development company focused on Turkey, has announced the confirmation of a mineralised sub-volcanic porphyry at the Kepez prospect in the Kiziltepe Sector of the Red Rabbit Project, which it holds in a joint venture with Proccea Construction Co. Highlights: – Porphyry identified […]

GOLD (XAUUSD) Dominant Bias: Bearish On Friday, November 14, 2014, Gold bounced upwards. That was a break from the equilibrium zone that was formed last week. The upwards bounce was strong enough to threaten the existing bearish bias. In the US, Thanksgiving Day is on November 27, 2014. As usual, it would be the 4th […]

The spike on Central Rand Gold stock (LSE:CRND) could mean a false breakout if the price is not able to keep on going north. There has been a strong sideways movement for several months, resulting in a strong base. During that period, the market was trying to consolidating to the downside: prior to the current […]

Acquisition of Lanstead Holding in Company Paragon Diamonds Limited, the AIM quoted diamond development company in Lesotho, Africa, has announced that it has agreed to purchase, conditional on shareholder approval, 63,000,000 ordinary shares in the Company, representing 18.9% of Paragon’s entire issued share capital, from Lanstead Capital L.P. at a price of 3p per share […]

AIM-listed Central Rand Gold Ltd. (LSE:CRND) shares reached a 52-week high of 45.29 this morning. That is an increase of 466%. At its current price of 24.08, as at 4:00 p.m. UTC, it is still up by more than 200%, taking its market cap from £17.67 million to more than £35 million. The significant upthrust immediately followed […]