Latest News

Proactive weekly mining highlights: Anglo Asian Mining, Thor Mining, Panthera Resources, NQ Minerals


Anglo Asian Mining PLC (LON:AAZ), the gold producer focussed on Azerbaijan, is to pay a special dividend of US$0.015 per share in respect of the year ended December 31, 2020.

Greatland Gold PLC (LON:GGP) has told investors that its latest ‘excellent’ drill results at the Havieron project confirm the continuity of higher-grade mineralisation.

Arkle Resources PLC (LON:ARK) has highlighted recent drill results put out by Group Eleven Resources (CVE:ZNG) as part of an ongoing programme of work on the Stonepark zinc deposit in Ireland

Thor Mining PLC (LON:THR) has unveiled a maiden copper-gold mineral resource estimate for its Alford East project in South Australia including the Netherleigh Park, Liaway and Alford East prospects.

Scotgold Resources Limited (LON:SGZ) provided an update on its progress ramping up production at its newly commissioned Cononish Gold and Silver Mine in Scotland, as well as its exploration activities on the Cononish Project and Grampian Project. 

Shanta Gold Ltd (LON:SHG) said it produced 20,622 ounces of gold from its New Luika mine in Tanzania during the fourth quarter of 2020, up from the 19,973 produced in the third quarter.

Panthera Resources PLC (LON:PAT) provided an update regarding ongoing work across its West African portfolio, as well as on projects owned by associated company Moydow Holdings.

Oracle Power PLC (LON:ORCP) said it has kicked off a field exploration programme at the Jundee East gold project in Western Australia

Great Western Mining Corporation PLC (LON:GWMO) said a follow-up magnetic survey at its Olympic gold project in Nevada has indicated where a previous productive gold vein might lie.

Power Metal Resources PLC (LON:POW) has taken an option to acquire a 100% interest in four gold exploration properties in the prospective Hemlo and Schreiber area of Ontario, Canada, while also hailing the completion of the first drill programme at its part-owned Haneti project in Tanzania.

NQ Minerals PLC (AQSE:NQMI)(USOTCQB:NQMLF) has been granted permission to undertake more than two kilometres of surface trenching at the Beaconsfield gold mine in northern Tasmania, Australia.

Condor Gold (LON:CNR) (TSE:COG) has completed a ground investigation program of 23 geotechnical drill holes and 58 test pits on the tailings storage facility (TSF), water retention and attenuation reservoir and processing plant site at La India project, Nicaragua.  

Base Resources Limited (LON:BASE) left its production guidance for the current fiscal year unchanged as it updated on activities in the final quarter of calendar year 2020.

Emmerson PLC (LON:EML) has released a 2020 Sustainability Summary which gives a forward-looking view on the development and construction of its world-class Khemisset potash project, in Morocco.

Thor Mining PLC (LON:THR) updated investors on the outlook for its projects in the March quarter of 2021 with a quarterly update revealing that a program of field sampling and drill access permitting is planned for its Ragged Range gold project in Western Australia, as well as an initial 3,000-metre drill program.

Galileo Resources PLC (LON:GLR) said it has sold a package of 9 licences in the Kalahari Copper Belt for US$3mln to Sandfire Resources Ltd (ASX:SFR), which is building the T3 copper-silver mine nearby.

Salt Lake Potash Ltd (ASX:SO4) (LON:SO4) (FRA:W1D) has successfully completed its share purchase plan after increasing the offer size to $8 million from the initial $5 million targeted, following strong demand from existing retail shareholders. 

ECR Minerals PLC (LON:ECR) has confirmed a significant warrant exercise, helping boost the current financial position of the company, as well as the appointment of a new joint broker.

BlueRock Diamonds PLC (LON:BRD) has announced the sale of a 14.8 carat stone for US$167,000, equating to a price per carat of US$11,300.

Vast Resources PLC (LON:VAST) hailed the achievement of many operational successes in the first half of its financial year, concluding with the first sale of metal concentrate in the second half.

Asiamet Resources Ltd (LON:ARS) has announced the termination of the binding sale and purchase agreement (SPA) entered into with PT WIN, as signed and announced on December 24, 2020, for the acquisition of Indokal Ltd, the owner of the Kalimantan Surya Kencana Contract of Work, located in Central Kalimantan, Indonesia.

Europa Metals Ltd (LON:EUZ) said it has hired Adam Habib as a corporate development adviser to its board.

AEX Gold Inc. (CVE:AEX) (LON:AEXG) has announced the appointment of Jaco Crouse as its chief financial officer (CFO) with immediate effect.


Small cap movers: Arcadia’s high street empire turns to AIM rescuers to survive

Previous article

Small cap movers: Arcadia’s high street empire turns to AIM rescuers to survive

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News