Mining
The CEO of Thor Explorations shares insights on positive drill results and project expansion at Segilola
October 07, 2024 01:08 PM BST| By Team Kalkine MediaHighlights:,Thor Explorations Ltd. reported promising results from the first two holes of a 12-hole drilling program at the Segilola Gold Project in Nigeria, with one intersection yielding 11.24 grams per ton over three meters.,The drilling program a...
Cornwall’s £4.5M Mining Research Hub to Boost Green Mineral Extraction
October 07, 2024 12:15 PM BST| By Team Kalkine MediaHighlights:,New Research Centre,: A £4.5 million government grant will fund a mining research centre at Exeter University’s Penryn campus, focusing on critical mineral extraction.,Job Creation,: Each new mine could employ 200-350 staff, with addition...
Rio Tinto Eyes Arcadium Lithium Amid Growing Takeover Rumors
October 07, 2024 09:06 AM BST| By Team Kalkine MediaHighlights:,Rio Tinto confirmed a non-binding approach to acquire lithium producer Arcadium Lithium, with no guarantee the deal will proceed.,Arcadium's shares surged 10% on Friday, following speculation that the takeover offer could value the compan...
SP Angel Endorses Anglo Asian Mining’s Growth at Gedabek and Demirli Mines
October 04, 2024 04:17 PM BST| By Team Kalkine MediaHighlights:,Strong Production Growth,: Anglo Asian Mining is set for significant production growth following the restart of the Gedabek mine and development of Demirli.,Increased Copper Focus,: Copper’s rising share in output is seen as key to the co...
Gold Holds Steady Amid Middle East Tensions and US Rate Cut Adjustments
October 04, 2024 03:32 PM BST| By Team Kalkine MediaHighlights:,Gold Prices Hold Steady,: Despite reduced US rate cut expectations, gold remains stable amid Middle East tensions, trading around US$2,650.,Geopolitical Tensions,: Concerns over a potential Israeli strike on Iran following missile attacks...
Anglo Asian Receives Upbeat Price Assessment After Restarting Operations in Azerbaijan
October 04, 2024 12:11 PM BST| By Team Kalkine MediaHighlights,Buy Rating Maintained:,SP Angel has reaffirmed its "buy" rating for Anglo Asian Mining PLC, setting a target price of 308 pence.,Positive Outlook on Production:,The restart of operations at the Gedabek Gold/Copper Mine and the growth poten...
Canaccord Genuity Lowers Wynnstay Price Target Amid Tough Trading Conditions
October 04, 2024 11:53 AM BST| By Team Kalkine MediaHighlights:,Canaccord Genuity lPrice target reduced: Canaccord Genuity lowered Wynnstay’s target price from 520.0p to 470.0p due to struggles in its feed and fertiliser divisions.,Mixed performance: While feed and fertiliser underperformed, Wynnstay’...
Orosur Mining Announces Successful Admission of New Common Shares on AIM
October 04, 2024 08:18 AM BST| By Team Kalkine MediaKey Points:,Orosur Mining has successfully admitted 30,035,971 new common shares to trading on AIM, raising capital at a placing price of £0.0278 (CAD$0.05).,Following this issuance, the total number of common shares in circulation has increased to 2...
Versarien Advances R&D and Secures Grant Applications Amid Growing Pipeline
October 04, 2024 08:00 AM BST| By Team Kalkine MediaKey Points:,Versarien Plc's pipeline of opportunities has surged from £1.6 million to £4.7 million since the appointment of CEO Dr. Stephen Hodge.,The company remains focused on developing graphene and advanced materials, actively participating in si...
Castillo Copper Completes Offloading of Additional Non-Core Asset
October 03, 2024 11:51 AM BST| By Team Kalkine MediaHighlights,Castillo Copper Ltd has finalized the sale of its Cangai Copper Mine to Infinity Mining, consisting of three tenements in northern New South Wales.,As part of the transaction, Castillo will receive 40 million shares and 20 million options...
Zulu Lithium Project Restarted by Premier African
October 03, 2024 10:54 AM BST| By Team Kalkine MediaHighlights,Premier African Minerals Ltd is advancing its Zulu lithium project through potential strategic partnerships and operational enhancements.,The company is exploring options for a complete or partial sale while considering self-funding for th...
Galliford Try Holdings (LSE:GFRD): Robust Order Book and Strategic Initiatives Point to Continued Growth
October 03, 2024 10:25 AM BST| By Team Kalkine MediaHighlights,Profit Growth,: Galliford Try reported a pre-exceptional profit before tax of £32.7 million for the year ending July 1, 2024, marking a 39.7% increase from £23.4 million the previous year.,Dividend Increase,: The company announced a final...
Premier African Minerals (LSE:PREM) Announces £550,000 Subscription
October 03, 2024 09:26 AM BST| By Team Kalkine MediaKey Points,Share Subscription,: Premier African Minerals has raised approximately £550,000 through the issuance of 1,746,031,746 new ordinary shares at a price of 0.0315 pence per share.,Strategic Options for Zulu,: The Company is exploring various s...
Green Lithium and Rio Tinto Join Forces to Enhance Lithium Supply in UK and EU
October 01, 2024 01:07 PM BST| By Team Kalkine MediaHighlights:,Rio Tinto and Green Lithium partner to develop a lithium supply chain for the UK and EU’s EV and energy storage sectors.,Green Lithium plans to build a large-scale refinery on Teesside to supply battery-grade lithium chemicals.,The collab...
Jefferies Expects Growth for Rio Tinto’s Canadian Aluminium Assets
October 01, 2024 12:46 PM BST| By Team Kalkine MediaHighlights:,Rio Tinto’s Canadian aluminium assets are considered world-class and poised for growth as North American demand is set to rise.,The company’s diversified product offerings, low-cost assets, and potential for carbon reduction enhance its m...
Sonia Scarselli Takes on Role of Executive VP of Exploration at Endeavour Mining
October 01, 2024 10:26 AM BST| By Team Kalkine MediaHighlights:,Endeavour Mining appointed Sonia Scarselli as executive vice-president of exploration, effective December.,Scarselli, joining from BHP, will lead Endeavour’s exploration programme targeting up to 17 million ounces of resources by 2025.,Wi...
Rising Gold Prices Linked to Strong Cash Flows at Pan African Resources
October 01, 2024 09:47 AM BST| By Team Kalkine MediaHighlights,Appointment of Financial Director,: Marileen Kok has been appointed as financial director of Pan African Resources, effective October 1, 2024, bringing extensive mining industry experience.,Positive Gold Market Conditions,: The company ben...
New Insights Applauded by Bradda Head from San Domingo Samples
October 01, 2024 08:32 AM BST| By Team Kalkine MediaHighlights,Bradda Head Lithium Ltd reports exceptional lithium indications from its San Domingo prospect in Arizona.,Channel samples at the Midnight Owl target revealed an intercept of 8.40 meters with 1.17% Lithium Oxide (Li2O).,A new target, Ruby S...
Anglo Asian Resumes Operations at Gedabek Gold Mine's Agitation Plant
October 01, 2024 07:59 AM BST| By Team Kalkine MediaHighlights,Anglo Asian Mining PLC resumes normal production of agitation leaching at Gedabek mine after a year-long pause.,The restart follows authorization for raising the tailing dam wall on August 5, 2024.,Production from the agitation leaching pl...
Emmerson target nudged higher by broker ahead of permit decision
September 30, 2024 10:06 PM BST| By Team Kalkine MediaHighlights:,Panmure Liberum raised Emmerson PLC's price target to 17p following progress on environmental permitting.,Emmerson expects a decision on its Khemisset Potash Project permit in Q4 2024, with an updated resource estimate to follow.,Final la...