Mining

Significant Zones of Higher Grade Heavy Mineral Sands Identified at Jangamo Project, Mozambique Savannah Resources plc (AIM:SAV) has said that it has now received the analysis results from the 3,990m scout drilling programme detailed in the 2 July 2014 RNS at its highly prospective, 180km² Jangamo heavy mineral sands project, located in a world-class mineral […]

Mariana Enters Agreement to Acquire 100% of Aegean Metals Group with Highly Prospective Gold-Copper-Silver Projects in Turkey and Chile Mariana Resources Ltd, the AIM listed exploration and development company with projects in Peru, Argentina and Chile, announces that it has entered into a binding letter agreement with Aegean Metals Group Inc. (TSX.V:AGN) (FRA:A91), a Canadian […]

So, how did they do? Sable Mining Africa Ltd, the AIM listed iron ore exploration and development company, has presented its results for the year ended 31 March 2014. Highlights · Focus on the high grade, high margin, low capex Nimba Iron Ore Project in south-east Guinée · Nimba distinguished as one of the largest […]

Mariana Resources secures up to US$6 million investment to fund growth of South American exploration portfolio over the next 12 months Mariana Resources Ltd , the AIM quoted exploration and development company focused in Peru, southern Argentina and Chile, has entered into a convertible securities issuance deed with Bergen Global Opportunity Fund, LP, an institutional […]

Talks of completed 60 tonne per hour mill DekelOil Public Limited, a palm oil development company with interests in Côte d’Ivoire, has announced its interim results for the year ended 30 June 2014. Highlights: · DekelOil successfully established as a revenue-generative, EBITDA-positive vertically-integrated CPO producer in the Cote d’Ivoire · Successful commissioning of a 60...

African Minerals shares (LSE:AMI) have crashed – dropping significantly for the most part of the year. The bearish bias is so strong that anyone that goes long in this market would be sliced up. In the chart, the ADX period 14 is above the level 50, showing a very powerful trend. The DM+ is below […]

Nayega Manganese Project, Togo – New Ferromanganese Strategy, Definitive Feasibility Study and Mining Licence Update Ferrex plc, the AIM quoted iron ore and manganese development company focused in Africa, has provided a strategic update from the 92,390Ha Nayega Manganese Project, held through Societe Generale de Mines, located in northern Togo. The Company is focussed on […]

Company argues of “substantial” progress made Paragon Diamonds Limited, the AIM quoted diamond development and production company, has issued audited final results for the six months to the 30 June 2014. Overview: * Substantial progress made towards building a cash generative diamond production company with a portfolio of multi-stage projects located in known diamondiferous regions...

Update re: Ethiopian Wayu Boda JV Gold Project Alecto Minerals plc (LSE:ALO), the AIM quoted mineral exploration company focussed on West and East Africa, has been formally notified by its Joint Venture partner Centamin plc that, following the completion of the recent exploration programme, it will continue to satisfy the initial expenditure commitment at the […]

GOLD (XAUUSD) Dominant Bias: Bearish Gold has been trending downwards in a significant mode since the middle of July 2014. From the supply level at 1344.80, the price has tested the demand level at 1225.50. This is a downward movement of close to 2000 points. The weakness in the market remains valid and the price […]