Mining

Board Change Alecto Minerals plc (AIM:ALO), an AIM quoted mineral exploration company focussed on West and East Africa, has announced that Mark Wellesley-Wood, who has enjoyed an extensive career in the City gaining over 40 years’ experience in both the mining and investment banking sectors, will be joining the Board as Non-Executive Chairman with immediate […]

Phase 3 Drilling at Jangamo Project Now Complete, Mozambique Savannah Resources (LSE:SAV) announces that it has now completed the third round of scout drilling and the first round of resource drilling totalling 1,920m at its highly prospective, 180km² Jangamo heavy mineral sands project, located in a world-class1 mineral sands province in southern Mozambique. Highlights: · […]

Hammaslahti mineralisation extended over 500m along north to south strike and remains open FinnAust Mining plc, the AIM listed exploration company, has announced that assay results have confirmed the discovery of additional high grade copper, zinc, silver and gold mineralisation, which extends the previously identified high grade polymetallic mineralised lode at its Hammaslahti Project in...

Options a Key Stake in a Newly Defined Gold District Mariana Resources, an AIM listed exploration and development company with projects in Peru, Argentina and Chile, has announced it has entered into an option agreement to earn up to a 50.01% interest in Nassau Gold Limited, a joint venture company between Mariana and Sumin Resources […]

Interim Results for the six months ended 30 June 2014 Alecto Minerals plc (LSE:ALO), the AIM quoted mineral exploration company focused on West and East Africa, has announced its unaudited interim results for the six months ended 30 June 2014. Highlights: · Delivered on key objectives to build value across the Company’s African gold and […]

GOLD (XAUUSD) Dominant Bias: Bearish This market became bearish in July 2014, and since then the price has dived by over 1300 points. The bias is still very bearish – characterized by great volatility in the market. This shows that there is a serious struggle between the bull and the bear. The price has tested […]

Posting of Admission Document and board changes Africa Oilfield Logistics (LSE:AOL), the AIM listed African focussed support services and logistics company, has announced that the Board has decided to exercise the call option granted to it pursuant to the framework and option agreement announced on 28 March 2014, to acquire the entire issued share capital […]

Polymetallic Discovery at Hammaslahti Project continues to grow – mineralisation now intercepted over 500m along north to south strike and all holes in first cross-section hit mineralisation FinnAust Mining has announced the discovery of additional high grade copper, zinc, lead, silver and gold mineralisation, which has extended the previously identified high grade polymetallic...

Kibo Mining shares (LSE:KIBO) are very weak, and they would continue to be weak. Unless one goes short, anyone who holds the shares, thinking things would soon go bullish, would end up being kicked in the butt. Most tend to think that all that matters is the correct picking of stocks, but you can be […]

Update on Strategic Review and FSP alongside Further to the announcement by the Company on 10 July 2014 in connection with a strategic review and the commencement of a formal sale process, Empyrean advises that it has set a closing date for bids of 25 September 2014. As notified previously, the Board reserves the right […]