Resource round-up: Atlantic Coal, Silvermere, Toledo Mining

Also includes: Jupiter Energy, Griffin Mining, Ariana Resources, Leni Oil & Gas, Stratex International

Shares Atlantic Coal, the AIM-listed miner focused on Pennsylvania, USA, jumped 11% in early trading after it reported a positive production update from its Stockton Colliery. In the three months to the end of June the company saw an 18.8% increase in clean coal production compared to the first quarter of 2012. Atlantic now anticipates production will increase further and is targeting production of more than 155,000 tons for 2012.

Silvermere, the independent oil and gas company focused on appraisal and production opportunities in the US, said it had made further progress with the tie-in of the I-1 well in its Mustang Island 818-L Field. Some days had been lost last week due to sea swells outside safe operating tolerance, the company said, but as of Sunday night, the outlook for sea and weather conditions was satisfactory for continuing operations.

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