Mining

Hammaslahti Copper-Zinc Project – Drilling update FinnAust Mining has announced that a SMoy drill rig has arrived at its Kelkka Nickel Sulphide Project in South East Finland. Drilling is due to commence imminently. Kelkka is located only 80km Southeast of the Company’s discovery at its 100% owned Hammaslahti Project where drilling continues uninterrupted. Highlights: · […]

Definitive Feasibility Study Demonstrates Robust Economics of Namib Lead Zinc Silver Mine North River Resources has announced the completion of the Definitive Feasibility Study for its brownfield Namib Lead Zinc Silver Mine in Namibia. Highlights: · Maiden Mineral Ore Reserve of 585,000 tonnes at 6.2% zinc, 2.9% lead, and 46ppm silver · Robust economic model […]

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 […]