Archipelago Resources said new tests at its Toka Tindung mine in Indonesia demonstrated the site's potential as a multi-million ounce mine deposit. "Combined with the results reported earlier in the year, these high-grade intercepts now have the potential to again materially increase our economically defined gold resource, providing a further platform for growing our production profile and increasing shareholder value," the firm said.
Max Petroleum, an oil and gas exploration and production company focused on Kazakhstan, lost 10% of its value today after it gave up on its BSBNE-1 exploration well on the Besbolek North-East prospect. The well reached a total depth of 1,328 metres without encountering producible hydrocarbons, it said. It will now be plugged and abandoned.
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The five insurance policies you should haveSome insurance cover will be more important than others. We look at five insurance policies you may need to have to make sure you aren’t caught out in an emergency
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Is Donald Trump putting the US dollar in danger?Donald Trump's administration sees one of its greatest advantages – the US dollar – as a burden. Gold is the obvious beneficiary, says Cris Sholto Heaton.
