Motif Bio gains as Rodman & Renshaw hikes target price
A look at the top risers and fallers in London on Monday
Company
LON:GAL
Galantas Gold Corporation is a gold company focused on the acquisition, development, and advancement of gold assets in stable mining jurisdictions. The company is currently advancing the Indiana Gold-Copper Project in Chile, an advanced-stage project with a substantial historical resource base.
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A look at the top risers and fallers in London on Monday
The Police Service of Northern Ireland will not at this stage be providing anti-terrorism cover for Galantas' activities at Omagh
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A look at the week gone for newsflow from the junior and small cap miners
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A glance at some of the stories on the Proactive newswire today
The portal will give access to underground ore in the western side wall at the base of the now-closed open pit.
Having raised money earlier in the year, Galantas is now pressing ahead with underground development
Following the purchase of new equipment last year, Galantas is moving mining work underground at Omagh
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I would argue that we are going into such a golden period – and this has already started since the phenomenon of the Trump Bump in November.
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A look at the week's highlighted news for the junior miners
In London, the shares are up 18.3% over the last month.
Some of the largest rises and falls in London at 3pm: Tlou Energy, Regency Mines, Starcom
The first tranche of a C2.44 mln placing has now come in, allowing Galantas to commence underground operations
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What news from the world of small cap mining last week?
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Condor Gold reports drilling results from La India; Genedrive making "good progress" in realising potential of breakthrough device; Porta settles Grand Retro debt; and more…
The funds will be used for working capital and to start development of the underground mine
The proceeds will finance the commencement of the development of an underground mine at Omagh
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It was a fairly busy week for the small cap mining sector
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Elsewhere, Asiamet Resources raises £2mln; Berkeley Energia adds another piece to the Salmanca puzzle; Tissue Regenix opens another door in the US; plus much more…
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A look at some of the small cap mining news stories from the week gone
The continuation of the review had been listed for the 6th to 8th of December but those dates are no longer available.
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A look at some of the news from the junior mining sector this week
A round-up of updates from the Proactive Investors universe.
The processing of ore earlier in the development programme than previously considered may have positive cash flow implications
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A round-up of some of the market moving mining stories on Proactive this week
Galantas Gold Corp has been notified of a likely extension of the time required for the hearing of a judicial review of its planning consent for an underground mine on its property in Omagh, County Tyrone in Northern Ireland
Major share price risers and fallers in London at 4pm
Galantas has been notified that an extension beyond the current 27-29 September listing dates is likely
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Weekly round up of mining headlines from the world of Proactive.
Surface samples for the stringer returned very high grades of gold and silver
Galantas is pressing on with rehabilitation work at the Omagh gold mine ahead of a judicial review of the decision to give it planning consent
With a 29.4p price target Whitmore Howard sees more than 200% upside to Galantas Gold's current share price.
Diamondcorp raises production in South Africa, Range Resources confirmed the spudding of its latest well in Trinidad and Utilitywise gets a new chief executive.
The refurbished units - a scoop and a drill jumbo - are expected to be delivered this month (August).
Investments and investor services
No tears at boohoo.com as it issued an upbeat trading update
Shares in Galantas are up over 63% since the beginning of January
Galantas Gold Corp shares jumped by more than one-third in Toronto on Friday after the company said investor Ross J. Beaty had increased his common stock stake in the company this week
Earlier this month, it said it would raise C$1.26mln by placing around 16mln shares
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The weekly round up of news and updates from the mining sector.
Galantas Gold remains active at the Omagh property, pending a judicial review due in September
Production at the site, a former producer, is suspended as the firm awaits the outcome of a judicial review in September this year
Among other things the funds will finance legal commitments in respect of underground planning consent for the Omagh mine
SyndicateRoom aims to democratise UK investment, Motif Bio is in the market for antibiotics and a placing strengthens Atlantis' balance sheet.
Planning consent for an underground operation was granted last year subject to a judicial review after an objection to the approval.
Galantas Gold Corp said a judicial review will be heard into the planning consent it was granted last summer for its underground gold mine in Omagh, County Tyrone, Northern Ireland.
Kestrel is located s within land covered by existing planning consent, though additional planning permission may be required.
Just how much exploration upside is there on Galantas Gold’s (LON:GAL) ground in County Tyrone, Northern Ireland?
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Goldplat got a boost from a new resource statement for its project at its gold recovery operations in South Africa.
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Big news from ANGLE, Breedon Aggregates and Shanta Gold too.
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After finishing up last week, there were early signs of promise for Footsie but it never really got out of the blocks...
Shares in Galantas Gold rose strongly after latest drilling at its Omagh project in County Tyrone....
The FTSE 100 Index was 10.8 points adrift at 5889.17p as oil prices continued their downward trend
Investments and investor services
The FTSE 100 Index dropped 31.01 points to 5869 as oil prices fell again
Latest drilling at Galantas Gold's Omagh project in Northern Ireland has thrown up the largest accumulation of gold discovered so far, the company revealed.
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ITM Power, 88 Energy and Rightster Group also had news out on Friday
Galantas Gold said solid progress had been made in its latest quarter as it prepares the Omagh mine in Northern Ireland for development.
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After a brief foray into the black, Footsie went lower.....
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There were some fireworks at Proactive today... Alliance Pharma shares nudged higher on Thursday after it emerged it will receive £6.7mln in compensation.....
The FTSE 100 Index pared losses to stand 1.5 points up at 6414 by lunchtime
The package it owns in the Republic is just 33 kilometres from the firm’s Omagh mine.
Miners had good news last week despite global economic turmoil
Investments and investor services
A number of tech and mining companies had news out today
China's imports fell about a fifth in September, data showed
Below are the main news-driven share price movements at 4pm.
Investments and investor services
Data showed China's imports falling a fifth, down for the 11th month in a row
Galantas Gold's plans to start mining underground at Omagh may be challenged
Under the Mining Capital brand, there’s been a new injection of enthusiasm and energy.
It was a busy week in the small cap mining space as the UK's first mine for over 40 years opened.
Anheuser-Busch Inbev makes play for rival SABMiller
Shares in Galantas Gold spiked almost 20% in early trade after the discovery of high grade gold on the boundary of the Omagh Gold Mine, County Tyrone, Northern Ireland.
Below are the main news-driven share price movements at 12.30pm.
A look back at the main news stories in the small cap mining world this week
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It was a busy day in the small cap world with Gemfields garnering much attention...
Atlanctic Coal, Strategic Minerals and African Potash all had significant news out this week...
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Atlantic Coal was a notable share riser as it revealed what Adam Wilson, the company’s chairman, described as a “remarkable” turnaround.
Investments and investor services
There was a lot of news this week in the world of the small cap miners.
Investments and investor services
There was a lot of news to get through today in the world of small caps...
The placing saw 20mln units issued, most of which to Beaty
Ireland’s mining scene is still humming, especially in zinc and gold.
Investments and investor services
A number of technology companies were celebrating contract wins today.
Ross Beaty, an entrepreneur and mining financier, will acquire around 15% of Galantas
Galantas Gold has found more signs of gold, this time on three licences 33km away from its Omagh mine.
Four soil samples indicated above 20ppb gold and a further five above 10ppb gold.
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FTSE100 was down 46 points at lunch as Greece worries intensify after a breakdown of talks and easyJet shares (LON:EZJ) flew lower, weighing on the blue chip index.
All thirty members on the Dow Jones were lower as the index opened 185 points, or 1%, down to 17,715.
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London blue chips headed lower as concerns mounted over a Greek debt default.
AIM's Galantas Gold and Armadale Capital both enjoyed gains this week while Amur Minerals ascent kept up pace.
Mariana resources made the headlines this week as chief executive Glen Parsons said he was delighted with results at its Hot Maden project in Turkey. Meanwhile, the company signed a deal with Asset Chile for two of its Chilean projects. It
Mariana resources made the headlines this week as chief executive Glen Parsons said he was delighted with results at its Hot Maden project in Turkey. Meanwhile, the company signed a deal with Asset Chile for two of its Chilean projects. It
Berenberg equity analyst, Michelle Wilson, believes a strong online presence is not enough for retailers.
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Risers and fallers, including Mporium, Amerisur, Galantas Gold, Range Resources, Lonmin,
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Britain's blue chips closed around 16 points higher, at 6,846 as gains were halted by news that Greek talks had stalled.
Shares in Galantas Gold (LON:GAL, CVE:GAL) surged on news that mining is set to begin once more at Ireland's only gold mine.
Investments and investor services
Investors took the news that Greece and its creditors are ramping up their discussions as a positive sign.
The Dow Jones climbed 72 points, or 0.4% to 18,069, while there were similar gains for the Nasdaq and the S&P 500.