Company
Galileo Resources PLC
LON:GLR
Galileo Resources PLC is an opportunity-driven company whose model is to acquire large databases generated by major companies and abandoned for strategic, corporate, technical and other reasons which do not necessarily reflect the potential value of the project. The company has a strong management team who have succeeded in discovering, evaluating and advancing mining projects.
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Archive
Proactive news snapshot: Alliance Pharma, TyraTech, Galileo Resources …
A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
Elegant Hotels rejects bid approach from Melia Hotels
By the time it has confirmed press speculation, the bid approach was a dead duck
Drilling to commence at Galileo’s Star Zinc joint venture
Results from the new drill programme will go towards a resource update for the Star zinc project
FTSE 100 closes higher; miners lag and Brexit wranglings continue
FTSE 100 closed over 38 points higher on the day to 7,338; FTSE 250 shares added over 81
Archive
Proactive news spotlight: Ortac, Galileo, Landore, Union Jack Oil, Aminex, Solo Oil, Redx Pharma, Belvoir Lettings, Satellite Solutions, BATM
A round-up of the small cap news stories on Monday, November 6.
Galileo lines up consultants to assist with exploration of Zambian zinc
Galileo is moving forward on the Star zinc project in Zambia
Ferrum Crescent brings industry veteran Colin Bird on board through £185,000 placing
“Colin has a significant track record of delivering value for shareholders from the exploration, sale, development and operation of mining projects”
Archive
Proactive news snapshot: EG Solutions, Richland Resources, Galileo Resources …
A glance at some of the day's highlights from the Proactive Investors newswire
Galileo Resources joint venture picks up Star Zinc
“We look forward to formalising the project JV agreement and pursuing aggressively our work programme to take the project forward"
Galileo Resources shares leap over 20% on positive broker comment to Star Zinc project option exercise move
In a note to clients today, ‘house’ broker Beaufort Securities said the “potential to acquire an interest in the Star Zinc project is positive news for Galileo”
Galileo Resources to acquire Star Zinc project in Zambia through joint venture with BMR Group
The AIM-listed miner has also raised around £1mln via a placing to fund the Star Zinc move and other projects
Galileo Resources shares jump as it says preliminary drilling results show Concordia copper project "promising and well worth pursuing"
The company said drilling of basic rock bodies identified by outcrop, limited ground magnetic survey and previous aeromagnetic survey data, intersected encouraging "potentially mineable" near-surface copper mineralisation with good grades
Archive
Proactive news snapshot – Highlands Natural Resources, Asiamet Resources, Horizonte Minerals ...
A glance at some of the day's highlights from the Proactive Investors newswire
Galileo Resources still keeping powder dry on Concordia option
The explorer is waiting for the opportunity to review and assess information generated by the initial drilling programme at Concordia.
Galileo Resources signs terms sheet to advance Glenover project
Galileo will fund the execution of the mining right application by a loan convertible into 4% of the equity
Archive
Proactive news round-up: Gemfields, Telit Communications, Sunrise Resources ...
A glance at some of the stories on the Proactive newswire today
Nature Group and OneView Group shares plunge
A look at the biggest risers and fallers of UK small caps
Galileo Resources doing extra prep work on its sampling programme at Concordia
Evaluation of historical maps and plans revealed that these often were drawn using different base grid coordinate systems to those currently used, so the company is standardising the grid coordinates system
Archive
Proactive news round-up: Sound Energy, Europa Oil & Gas, Galileo Resources ...
A glance at some of the headlines on the Proactive newswire today...
Major phosphate producer set to carry out pilot plant study Galileo Resources’ Glenover project
The ultimate objective of the study is to either develop the project or sell it in whole or part to the MPP
Archive
Proactive weekly mining news – Gemfields, Ariana Resources, Sirius Minerals…
A look at the week’s highlighted news for the junior miners
Galileo Resources shines as it completes exploratory drilling at Concordia
“We consider the drill programme a success and consider our in-house model for Concordia is developing favourably towards a major copper resource”
Galileo Resources soars higher as initial drilling at Concordia copper project completed
A look at some of the biggest London-listed risers and fallers today
FTSE 100 closes at record high; miners in support
The UK blue chip index closed at 7,454, below the new intra-day peak of 7,460.20, but above the previous high of 7,447 hit in March
Archive
Proactive end of day news wrap: Galileo Resources, Anglo Pacific, Kromek ...
A taste of the small cap stories on the Proactive newswire today
Galileo Resources plays down recent share price surge
The stock has gained more than 75% over the past week
Archive
Proactive weekly mining report - Thor, European Metals, Landore Resources and others
A recap of the week just gone in the mining sector
Archive
Proactive news round-up: Falcon takes flight
Also featured: AFC, Ferrum Crescent, Galileo, Kibo, Lansdowne Oil, Metal Tiger, Netscientific, Powerhouse, REM, ReNeuron, Tern
Prudential shares in demand; Metal Tiger and Falcon Oil & Gas strong gainers
Some of London's largest risers and fallers around 2.30pm included insurer Prudential, and small caps Metal Tiger and Falcon Oil & Gas ...
Galileo surges as it starts drilling at Concordia
The shares rose 6% as the company confirmed drilling at the South African copper project will start today
FTSE 100 closes higher with banks betting on March US rate hike
FTSE 100 shares closed higher on Wednesday, led by banking shares which teamed up with their Wall Street brethren to cheer on what may be a US rate hike as soon as March
Galileo exploration work yields encouraging results
The work also revealed the the potential for near surface ore bodies and an increase in “chargeability” at deeper levels.
Archive
Proactive news round-up: Orogen Gold, Braveheart Investment, Concepta ...
A glance at some of the stories on the Proactive newswire today
Galileo’s Silverton gold project dishes up decent drill results
Results from Galileo's Silverton gold property continue to show promise
Higher copper prices to benefit Galileo in 2017
The outlook came as Galileo reported a £538,000 loss for the six months to September
Archive
Proactive weekly mining news - Condor Gold, Anglesey Mining and more
A look at the week's news for the junior diggers...
Archive
Proactive news round-up: 88 Energy, Nanobiotix, Bacanora Minerals...
A glance at today's headlines on the Proactive newswire ...
Galileo identifies three more drill targets at Concordia copper project
The findings from the Shirley Trend at Concordia cap off the miner’s exploration efforts for 2016
Proactive news highlights - Royal Dutch Shell, Providence Resources, URU Metals and more
A look at some of the highlight news stories on the day
Funding boost for Sirius Minerals and 88 Energy, but its GAME OVER for Xcite
Suddenly there’s cash swilling around the AIM natural resources sector, but the return of positive sentiment is too little too late for Xcite Energy.
Xcite Energy looks doomed, MP Evans up 43% on bid approach
London's risers & fallers at 11.45am: Shoe Zone, Beximco ...
Archive
Proactive mining highlights: Ariana Resources, Amur Minerals, Fox Marble, Sirius and more...
Weekly round up of mining headlines from the world of Proactive.
Proactive news highlights: Base Resources, Galileo Resources, ImmuPharma, Sound Energy and more...
Daily round up of the day's news headlines from Proactive Investors.
Galileo to kick off geophysics at Homeep target
Recent modelling showed the potential over a very small portion of strike of the overall trend for 942,435 tonnes of ore grading 0.89% of copper.
UK stocks weighed down by miners
Top UK stocks fell into negative territory late on Tuesday, weighed down by depressed mining stocks after copper prices hit a 10-week low
Investments and investor services
Miners weigh on Footsie but small caps advance
The Footsie was 3.4 points ahead at 6841.46 as precious metals lost their shine
Trending - Apple and ARM in focus as Britain dines out after Brexit vote
A look at some of the hot topics as the summer holiiday season starts to draw to a close
Risers & fallers: Kodal Minerals, Vast Resources and Patagonia Gold.
Major share price risers and fallers in London at 9.30am
Galileo raises US$2.5mlm from Nevada disposal
The cash received will cover short-to-medium-term working capital.
FTSE 100 Index opens higher despite mining woe
The Footsie was 4.27 points ahead at 6842.32 as support services group Bunzl reported a strong first half
Archive
Proactive weekly mining news summary, including Strategic Minerals plc, Metals Exploration Plc, Arian Silver and Premier African Minerals Ltd
A look at the week's mining news from the small cap sector
Galileo Resources identifies more targets at Concordia
There are now seven high priority targets at Concordia in South Africa
Archive
Proactive mining highlights: Anglo Asian, Condor Gold, Gemfields, Kibo, Hummingbird, Orogen and more
Weekly round up of mining news from the world of Proactive.
Archive
Proactive news highlights: FairFX, Allergy Therapeutics, SalvaRx, Akers Biosciences, GW Pharma & more
Low-cost currency provider FairFX enjoyed its best ever week last week thanks to heightened trading activity amid the UK’s EU referendum vote.
Galileo Resources completes earn-in deal on Nevada property with Orogen Gold
Galileo executive director: "Andrew Sarosi, executive director, said: "We are pleased to have concluded this agreement with Orogen, which allows for an outside party to fund the exploration of Silverton.”
Galileo Resources says eleven targets now at Concordia
Five of these have near surface potential said Colin Bird, Galileo’s chief executive
Galileo Resources delivers high grades in a prolific copper area
Galileo Resources has a sizeable footprint on a copper-rich region of South Africa, and is now pressing ahead towards a resource
Archive
Proactive mining highlights: African Potash, Eurasia Mining, Lucara Diamonds, Red Rock and more...
Top story this week - Lucara's massive diamond breaks auction records. Even bigger one to come.
Emerging exploration model at Concordia has Galileo Resources excited
The more the company delves into the welter of data it acquired concerning the Concordia coppert project, the more it likes what it has
Galileo identifies another copper zone at Concordia
Rietberg is approximately 10km northwest from the Wheal Julia deposit and contains numerous thick high grade intersections
Galileo Resources agrees Nevada gold farm out
Orogen can earn 51% of the property by spending US$400,000 on exploration within 18 months
Archive
Proactive news highlights: Anglo Asian Mining, Breedon Aggregates, Keywords Studios and more
New licence deals for Tekcapital, the largest deal to date for Keywords and successful well testing for Lekoil.
Galileo Resources pleased with latest Concordia orebody re-work
Consultant Minxcon, which based its models on geologic core logging and assays of 26 drill holes, said copper tonnes and grade were significant
Risers & fallers: Churchill Mining, Halfords, Tower Resources ...
Main share price risers and fallers in London at 4.00pm
A curate’s Easter egg for the mining sector
The first quarter of 2016 has been decidedly mixed for junior mining
Investments and investor services
Small caps overshadowed by resurgent blue-chip miners
Mining bulls were hailing Janet Yellen's cuatious comments about interest rate rises as a weaker dollar sparked demand for mining shares
Resource stocks lead market higher
Mining stocks are surging ahead, dragging the Footsie higher
Galileo Resources PLC flags South African copper potential
Galileo has hit the ground running at its new Concordia copper project in South Africa
Risers and fallers: Metal Tiger PLC, Polo Resources PLC, Univision Engineering ...
Major share price risers and fallers in London at 4pm
Resource stocks head north as Ascent Resources PLC takes podium again
Small cap shares, notably resource stocks, along with Footsie were making ground at the open.
Galileo Resources PLC pleased with remodelling of Concordia
The remodelling, by Minxcon and the first stage of an agreed work programme at the licence, indicated grades were similar to large copper open pits being mined globally.
Galileo Resources PLC builds international portfolio
Galileo Resources has gold in Nevada and copper in South Africa, and a management team with a track record of success
Risers & fallers: Tribal, Servelec, Atlas Development, Fresnillo..
Major share price risers and fallers in London at 4.30pm
Archive
Shard Market Eye - 2016 Shares to Watch
As the sound of sleigh bells can be heard and the year draws to a close we highlight some stocks to watch in 2016.
Broker spotlight: Investec cuts price targets for miners
Update: Comment added on Bezant and Galileo.
Investments and investor services
Proactive highlights - Allergy Therapeutics, Angle, Summit, VolitionRx, Faron Pharma, Camco Clean Energy, Mobile Streams & more
Here we take our daily look at the small cap news highlights of the trading day
Galileo Resources pounces on potentially world-class copper super-pit
Galileo is to earn-in 51% of the Concordia project in the north Cape province by spending 10mln rand
Archive
Shard Market Eye: Galileo Resources
Early stage gold-copper mine development in a low risk location
Archive
Shard Market Eye: Featuring Galileo Resources
Resource exploration plays are off the radar for many investors at the moment.
Investments and investor services
Proactive news summary: Bacanora, Challenger Acquisitions, Galileo, Independent Oil, LGO, Lingo ...
On a quiet news day for the large and mid-caps it was left to the minnows to provide the excitement; step forward Rare Earth Minerals and Bacanora Minerals.
Galileo Resources agrees further extension to US$4mln sale
This is the second extension granted to the company's joint-venture partner.
Investments and investor services
Economic data and rising oil prices lift London blue-chips
Footsie breaks through 6,700 barrier as oil prices rise
Investments and investor services
London shares rise on China services cheer
Chinese service sector racked up its quickest growth in 11 months
Investments and investor services
Risers & Fallers: Tern, Wizz Air, Travis Perkins, Coal of Africa and more...
Tern said the value of its portfolio has risen more than four-fold over the past 12 months.
FTSE 100 buoyed by miners and more pharma bid gossip
Rio Tinto led the advance ahead of results due out tomorrow
Galileo Resources has the gift of the Gabbs
“There is a suspicion that this is a new Carlin Trend emerging,” says chairman Colin Bird of Galileo Resources. For the avoidance of doubt the Carlin Trend is one of the most prolific gold producing regions of the world, situate