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Metals and mining
Great Western Mining (GWMO) share prices shot up as it revealed its plans
October 18, 2020 10:02 AM AEDT| By Team Kalkine MediaThe Great Western Mining Corporation plc (LON: GWMO) released its operations update on 15 October 2020 in which it provided details about its roadmap to production. The company was well on track to produce gold and silver metals at Mineral .....
ECR Minerals PLC to Get Access of Historic Goldfields with Tambo Project’s New Exploration Licenses
October 15, 2020 11:22 PM AEDT| By Team Kalkine MediaExploration and mining face more complex challenges than ever before in a world of globalisation, technology advancement, increasing regulation and fluctuating markets. But ECR Minerals has been known for taking up challenges and succeeding them. I.....
Alien Metals (LON: UFO) share prices go up after completion of mining program at Hamersley
October 13, 2020 05:00 AM AEDT| By Team Kalkine MediaSummary Alien Metals completed the follow-up and comprehensive geological mapping and sampling programmes at its Hamersley Iron Ore Projects. The mapping has been completed over four of the five priority prospects that have been targeted as par.....
Rio Tinto (LON: RIO) blasted caves despite giving assurances to delay: Traditional owners
October 13, 2020 02:23 AM AEDT| By Kunal SawhneySummary Indigenous owners said Rio Tinto continued to load explosives above the site despite promising to delay the blast at Juukan Gorge in the Pilbara region. The submission by the PKKP Aboriginal Corporation read that due to the destruction .....
Vast Resources (LON: VAST) resumes production at its Baita Plai mine in Romania
October 11, 2020 02:16 AM AEDT| By Hina ChowdharySummary The Apuseni Mountains in Transylvania where the Baita Plai mine is located hosts one of the Romania’s largest polymetallic and uranium mines. Vast Resources said that it would be on track to meet its production and sales targe.....
Quick Insights on Two FTSE Listed Basic Materials Stocks: Central Asia Metals & Hummingbird Resources
October 10, 2020 04:24 AM AEDT| By Kunal SawhneySummary Central Asia Metals produced 3,883 tonnes of copper, 5,764 tonnes of zinc and 7,159 tonnes of lead in Q3 FY2020. In the same period it sold 3,988 tonnes of copper, 4,873 tonnes of zinc and 6,860 tonnes of lead. Hummingbird Resources an.....
Asiamet’s shares (LON: ARS) rise sharply after sale of Indokal
October 10, 2020 04:14 AM AEDT| By Hina ChowdharySummary The share prices of Asiamet Resources closed 72 per cent higher after it sold its wholly owned subsidiary Indokal to Indonesia’s PT WIN Asiamet said that it would like to retain its shareholding and keep associating with PT WIN on.....
Performance Review of Two FTSE-250 Listed Stocks: Victrex & Ferrexpo
October 09, 2020 04:41 AM AEDT| By Hina ChowdharySummary Victrex PLC reported revenue of £266 million, which fell by 10% year on year in FY2020. The total sales volume declined by 7% year on year to 3,492 tonnes in FY2020. Ferrexpo PLC produced 2.5 million tonnes of pellets in Q3 2020 .....
Quick Update on Two Basic Materials Stocks - Altus Strategies & Strategic Minerals
October 08, 2020 03:38 AM AEDT| By Kunal SawhneySummary Altus Strategies announced the start of the drilling programme at Lakanfla gold project in Western Mali. The drilling programme includes 18 holes of 3,800 metres that would be funded by Marvel Gold Limited. Strategic Minerals announced.....
Two Resource Stocks Trending on LSE: Alba Mineral Resources and Bezant Resources
October 05, 2020 10:00 PM AEDT| By Kunal SawhneySummary Alba Mineral Resources announced that it has completed four drill holes with a total vertical length of 252 metres at Clogau gold mine. It has received the extension permit to continue underground drilling until the end of October 2020......
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Sizeable Gold Exploration Potential at ECR Minerals’ Creswick Project
September 29, 2020 11:39 PM AEST| By Team Kalkine MediaSummary The Creswick project area with an abundance of DMS has a high potential for gold mineralisation MGA’s 2019 RC (reverse circulation) drilling had classified quartz-carbonate composite chips in 5 drill holes and as Ferroan dolomite .....
Recent Updates on Two Mining Players - Beowulf Mining PLC & Galileo Resources PLC
September 17, 2020 11:20 PM AEST| By Kunal SawhneySummary Beowulf Mining announced the validation of high-grade magnetite concentrate at Kallak North by Dr Bo Arvidson. The high-grade magnetite could be used as a feedstock in fossil-free ore based steel making plant in Sweden. Galileo Resourc.....
Quick Insights on Two FTSE Listed Resource Players - Pan African Resources & Central Asia Metals
September 16, 2020 11:32 PM AEST| By Team Kalkine MediaSummary Pan African Resources generated revenue of USD 273.7 million, which increased by 25.9 percent year on year in FY2020. The average gold price was up 25.9 percent year on year, and gold sold increased by 1.3 percent year on year in FY2020.....
ECR Minerals Ramp-Up Exploration at Bailieston And Creswick Projects Ahead of The End of Victorian Winter
September 15, 2020 11:22 PM AEST| By Team Kalkine MediaSummary ECR Minerals is currently undertaking field mapping and geochemistry across numerous gold prospects in the Bailieston project area Acquisition of a diamond drilling rig is significantly going to aid the company, which will be used in ma.....
Two Mining Stocks Trending on the LSE - Greatland Gold PLC & Jubilee Metals Group PLC
September 14, 2020 11:11 PM AEST| By Kunal SawhneySummary Greatland Gold got approval for a mining lease application for Havieron gold-copper deposit. The Company observed the potential for bulk tonnage opportunity at the Havieron project. Jubilee Metals Group's application for small scale mi.....
Rio Tinto CEO Quits Over A Row On Destruction Of Sacred Aboriginal Sites
September 12, 2020 11:20 PM AEST| By Kunal SawhneySummary In May of the year 2020, the company had blown up two ancient ab-original caves in Pilbara, Western Australia leading to widespread condemnation and protests by the public and the company shareholders. The event led to the Australian go.....
Operational Update on Two Mining Stocks – Rockfire Resources PLC & Thor Mining PLC
September 10, 2020 11:20 PM AEST| By Kunal SawhneySummary Rockfire Resources is currently developing the Plateau gold deposit in the Lighthouse tenement. The Company started phase 2 of diamond drilling for the vertical length of 500 metres at the project. Thor Mining acquired American Vanadiu.....
Quick Glance on Two Metals Mining Stocks - Sylvania Platinum & Cora Gold
September 08, 2020 11:13 PM AEST| By Kunal SawhneySummary Sylvania Platinum reported revenue of USD 114.1 million in FY2020, which increased by 62 percent year on year. It produced 69,026 ounces of 4E PGM in FY2020 and sold it at an average basket price of USD 2,015 per ounces. Cora Gold rece.....
Two Mining Stocks Trending on LSE – Caledonia Mining Corporation & Alien Metals
September 05, 2020 10:11 PM AEST| By Team Kalkine MediaSummary Caledonia Mining Corporation reported revenue of USD 22.9 million in Q2 FY2020. The revenue increased year on year due to higher amount of gold production. The gross profit improved from USD 7.0 million in Q2 FY2019 to USD 9.2 million i.....
Quick Insights on Two AIM Listed Mining Stocks: Bushveld Minerals & Ariana Resources
September 03, 2020 11:29 PM AEST| By Hina ChowdharySummary Bushveld Minerals produced 1,649 metric tonnes of vanadium in H1 FY2020, which increased by 18 percent year on year. Ariana Resources reported a gross income of USD 9.9 million from Kiziltepe mine in Q2 FY2020, which improved from incom.....
