Mining

What do they plan to do? Stellar Diamonds plc, the AIM quoted (LSE:STEL) diamond mining and exploration company focused on West Africa, has raised approximately £1 million through the issue of 88,362,066 new ordinary shares of 1p each at 1.16p per share to directors, existing private shareholders and new institutional investors. The proceeds of the […]

Nevada Sunrise Gold Corporation (TSX-V:NEV) is pleased to announce that Pilot Gold Inc. (TSX:PLG) has reported results from an initial metallurgical program designed to address the amenability of high-grade mineralization from the Secret Canyon host rock to produce a high-grade concentrate at the Kinsley Mountain project. Kinsley Mountain is a joint venture between Pilot Gold […]

Kossanto West Gold Project, Mali – Licence Update Alecto Minerals (AIM: ALO), the AIM quoted mineral exploration company focussed on West and East Africa, has finalised the consolidation of two of its existing exploration permits, Kobokoto Est and Kobokoto, at its Kossanto West Gold Project in western Mali, into a single 100 sq. km. exploration […]

Placing to Raise £600,000 gross Alecto Minerals plc (LSE:ALO), the AIM quoted mineral exploration company focussed on West and East Africa, has said that it has raised £600,000 (before expenses) by way of a placing, via Hume Capital Securities plc, of 200 million new ordinary shares of 0.01 pence each in the capital of the […]

Block 4 Database Acquisition – Oman Savannah Resources (AIM:SAV) has agreed to acquire an extensive, digitised exploration database relating to the Block 4 Copper Project (over which Savannah has an agreement to earn in up to 65%), which is located in the mineral rich Oman Ophiolite belt. Block 4 is one of three highly prospective […]

Quarter 4 and Full Year 2014, operations and production update – Gedabek and Gosha gold, copper and silver mines, Azerbaijan Anglo Asian Mining, the AIM-listed gold, copper and silver producer focused in Azerbaijan, has issued fresh details about production and operations for its Gedabek and Gosha gold, copper and silver mines in western Azerbaijan for […]

Get the lowdown below Rose Petroleum, the AIM-listed (LSE:ROSE) natural resources company, has provided a detailed operational update on the current activities taking place within both its oil and gas and mining divisions. Overview: · On-going drilling programmes in both oil and gas basins of the prospective Mancos and Paradox plays in Utah – current […]

Shareholder Support for 100% Acquisition of Aegean Metals Group Inc with Highly Prospective Gold-Copper-Silver Projects in Turkey and Chile Mariana Resources Ltd, the AIM quoted exploration and development company focused in South America, has announced that following a meeting of Shareholders of Aegean Metals Group Inc there was overwhelming support for the plan of arrangement […]

Appointment of environmental and planning consultants for Kincardine Underground Coal Gasification Project, Scotland Cluff Natural Resources Plc, the AIM quoted natural resources investing company, today announced the appointment of Environmental Resources Management as the Company’s environmental and planning consultants for the proposed Kincardine Underground Coal Gasification Project...

Also provide Progress Update on Trial Mining at Baoulé Kimberlite, Guinea Stellar Diamonds plc, the London listed (AIM:STEL) diamond development company focused on West Africa, has released details of operational update from trial mining at its 75% owned, five hectare Baoulé kimberlite pipe in Guinea. Highlights: · Trial mining has yielded a total of 2,145 […]