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Mining Sector: Tri-Star falls after being advised to further explore Bald Hill project

Tri-Star (LON:TSTR) shares were down in late trading after it received an updated independent Technical Report on the Bald Hill Antimony Project, New Brunswick, that recommended further exploration and investigation. “Such exploration programmes, if undertaken, would aim to establish an Inferred Mineral Resource through additional surface excavation and diamond drilling, including drilling of the already […]

Avocet monitors unrest in Burkina Faso

Avocet Mining notes the recent unrest in Burkina Faso and says it will continue to monitor events closely as the situation develops. Avocet says its operations at the Inata mine in the north of the country remain unaffected by events at the present time. But it adds: “We are taking all necessary precautions to ensure […]

Mwana Africa changes registered office

Mwana Africa’s registered office has changed to 1 Catherine Place, London, SW1E 6DX. At 2:08pm: (LON:MWA) Mwana Africa PLC share price was -0.05p at 1.93p Story provided by

Mining Sector: Antofagasta on track to meet FY guidance

Antofagasta (LON:ANTO) remains on track to meet its full year guidance of 700,000 tonnes of copper, 270,000 ounces of gold and 7,500 tonnes of molybdenum and net cash costs of $1.45/lb. Copper production in the third quarter was 169,200 tonnes, a 5.0% decrease compared with the previous quarter, principally due to lower throughput at Los […]

Mining Sector: Minco shares soar after discovery at Buchans project

Exploration and development company Minco’s (LON:MIO) shares were up by more than 112% in late afternoon trading after a discovery was confirmed in Canada. Minco has announced multiple intersections of massive sulphide mineralisation with grades as high as 26.05% of combined zinc, copper and lead at its project in Buchans, central Newfoundland. They come from […]

Highland Gold acquires licence and mining rights

Highland Gold Mining Limited has acquired a licence for exploration and mining rights for the Lower Horizon of the Mnogovershinnoye (MNV) deposit This extends the company’s current 17.9 sq km licence for MNV at depth beyond lower levels of existing state approved reserves. The acquisition resulted from an open auction held on 23 October in […]

Mining Sector: Wessex up after it acquires HALO

Wessex Exploration (LON:WSX) was one of the sector’s biggest risers after it announced the successful acquisition of Hague and London Oil BV, following the announcement of the exchange of Heads of Agreement on 12 May. HALO is led by an established management team with significant public market experience and a proven track-record in successfully developing […]

Coal of Africa schedules AGM

Coal of Africa Limited will hold its annual general meeting at Tavistock Communications, 8th Floor, 131 Finsbury Pavement, London, EC2A 1NT, on 28 November. At 8:47am: (LON:CZA) Coal of Africa Ltd share price was +0.11p at 3.13p Story provided by

SolGold gives Cascabel exploration update

SolGold said it is encouraged by the visual results from Hole 8 at its Cascabel copper-gold porphyry project in Ecuador, which indicates the widespread nature of the mineralisation at Alpala. “Our refined geological model and the Orion IP results have reinforced our view that significant targets exist at Central Alpala, North West Alpala and South […]

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