Commodities

Ground Electromagnetic Survey Underway on Block 5 Copper project, Oman Savannah Resources plc (AIM:SAV) announces that it has commenced a ground electromagnetic survey, which is the precursor to drilling over a series of high priority copper targets on the Company’s Block 5 copper project, located in the mineral rich Oman Ophiolite belt. HIGHLIGHTS: · A […]

Operations Update DekelOil Public Limited, the West African focused palm oil producer, has provided an update on its logistics operations at its 51% owned vertically integrated palm oil project in Ayenouan, Côte d’Ivoire, which includes a 60t/hr Crude Palm Oil extraction mill, one of West Africa’s largest. This update, the company said in a statement, […]

Proposed Variation and Conversion of approximately US$13 million of Convertible Loan Notes, Up to £1.5 million Fundraising, Share Capital Reorganisation and Notice of General Meeting Beacon Hill, the coking coal developer focused on the Minas Moatize Coking Coal Mine in Tete, Mozambique, has announced an update on its financing arrangements and the restructuring of its […]

I warned on 26 November that the fallout from whatever decision OPEC made about maintain their oil production at its current levels would have a significant impact. At the time, I asked the question, “Economics or Evolution?” After further consideration, I think I forgot to begin that last word with an “R.” What’s Really Going […]

Significant Increase in Resource & Diamond Grade at Tongo Kimberlite Dyke Project Stellar Diamonds, the London quoted (AIM:STEL) diamond development company focused on West Africa, has announced an updated resource estimate for its 100% owned high grade Tongo kimberlite Dyke-1 project in eastern Sierra Leone. Highlights: · 35% increase in JORC compliant inferred resource to […]

Update on Metallurgical Testwork at Mpokoto Gold Project Armadale, the AIM quoted investment company focused on natural resources projects in Africa, is pleased to announce a positive update on the metallurgical testwork programme for the Mpokoto Gold Project in the Katanga Province of the Democratic Republic of Congo which has demonstrated increased gold recoveries of […]

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 […]

Whatever announcement comes out of the OPEC meeting on Thursday , 27 November, may possibly be the biggest news story of 2014. Whatever the decision, it will have economic and geopolitical ramifications for some time to come, although much of the impact may not come until the alliance meets again in the Spring of 2015. […]

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 […]