Ortac Resources shakes mining market
Ortac Resources shares soared as investors turned their eyes on the potential of gold production in Solvakia.
Ortac Resources shares soared as investors turned their eyes on the potential of gold production in Solvakia.
The AIM-listed gold explorer lifted 22.82% to a mid of 0.635p, showing a trend of major gold companies, according to broker Seymour Pierce.
Traders are expecting good results from the 1.3m ounce turec Gold Deposit in Slovakia where the results of the pre-feasibility are due this quarter.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The company will thereafter begin work on an environmental and social impact assessment which will enable a definitive feasibility study.
Last month the firm unveiled interim results, reporting a loss of £0.79m and a cash position of £6.7m as of September 30th.
RD
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
Millions of homeowners to see mortgage payments rise
Mortgage holders with deals expiring soon can expect to pay more, according to Bank of England calculations, though the increase is less than previously forecast
-
Investment trust share buybacks neared £5 billion in first six months of 2025
The first six months of 2025 have seen a “whirlwind” of corporate activity, with discounts narrowing as boards return capital to shareholders