Posts Tagged ‘lon’

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Frontier Mining agrees US$29 mln financing for expansion of Benkala copper mine

Frontier Mining (LON:FML) today unveiled a new US$29 million financing arrangement that will help support the development of the Benkala copper mine in Kazakhstan. Full story

Hambledon Mining down after fine for environmental damage

StockMarketWire.com - Shares in Kazakhstan-focused gold miner and developer Hambledon Mining (LON:HMB) fell after it was fined approximately £1.17m for causing environmental damage. The company said it had received a letter from the appointed court... Full story

European Goldfields shares soar on Greek environmental approval

European Goldfields shares soar on Greek environmental approval
Investors have been anticipating a positive outcome, the shares are now up over 30 percent in the past few weeks European Goldfields (LON:EGU, TSE:EGU) shares shot up over 10 percent after the group’s 95%-owned subsidiary Hellas Gold SA got environment Full story

Drilling at Patagonia Gold’s Monte Leon prospect intersects wide gold and silver zones

Drilling at Patagonia Gold’s Monte Leon prospect intersects wide gold and silver zones
Patagonia Gold ( LON:PGD ) reported that drilling at the Monte Leon prospect in the Santa Cruz province of Argentina has intersected wide near surface zones of potentially bulk mineable gold and silver mineralization. Geological interpretation has Full story

Herencia to acquire 51% stake in Chile copper-gold target, Chile

Herencia to acquire 51% stake in Chile copper-gold target, Chile
Herencia Resources (LON:HER) will acquire a controlling interest in an advanced copper gold-target in Chile which has already revealed significant mineralisation. The Guamanga Project displays potential abundant iron oxides, copper mineralisation and Full story

Medusa Mining is copper plated too

Medusa Mining is copper plated too
Seymour Pierce analyst Asa Bridle expects Medusa Mining ( LON:MML , ASX:MLL, TSE:MLL) will advanced the copper side of it business over the next 12 months. This morning Medusa, the LSE’s lowest cost gold miner, reminded investors of the potential in Full story

Red Rock shares boosted by continued improvements at El Limon gold mine

Red Rock shares boosted by continued improvements at El Limon gold mine
Red Rock Resources (LON:RRR) shares gained over 12 percent this morning as investors welcomed the continued improvement of the El Limon gold mining operation. The company optioned into the producing El Limon mine back in June 2010 through a deal with Full story

Horizonte Minerals: Interview with CEO Jeremy Martin

There's something about Horizonte Minerals (LON:HZM) . Once a tiddler, now growing into one of the more substantial junior explorers on AIM. After an early life as a quite widely spread operation, in less than a year, the company has transformed Full story

Mining news summary: Anglo American, Randgold, Solomon Gold, Forte Energy, Red Rock Resources

Anglo American ( LON:AAL ) reported that group revenues jumped 34% to US$32.9 billion in 2010, while operating profit doubled to US$9.8 billion. The group also announced an agreement with Lafarge to combine their cement, aggregates, ready-mixed concrete, Full story

ECR Minerals Indonesian Associate Sells Its Stake In Derewo River Gold Project

ECR Minerals (LON:ECR) Minerals Indonesian associate sells its stake in Derewo River gold project ECR Minerals (LON:ECR,OTC:MTGDY) associate Paniai Gold has agreed share-based deal to sell its 50 percent stake in the Derewo River gold project to West Full story
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