Proactive news highlights: Sound Energy, Rambler Metals & Mining and Forbidden Technologies
A director of Sound Energy is stepping down; Rambler Metals swings to a profit; Forbidden announces its latest contract win; and much more…
Company
LON:HUM
Founded in 2005, Hummingbird Resources Plc (AIM: HUM) listed on the London AIM exchange in December 2010. The Company is a leading multi-asset, multi-jurisdiction gold production, development and exploration company and member of the World Gold Council
302 stories · page 3 of 4
A director of Sound Energy is stepping down; Rambler Metals swings to a profit; Forbidden announces its latest contract win; and much more…
The AIM listed group and Kola Gold plan to create a new company to hold the 10 Mali exploration properties covering 1,600 square kilometres called Cora Gold Inc.
Archive
Small caps received the backing of brokers today as there were no upgrades for any major firms
Archive
Jefferies International has seemingly lost faith in communications groups, as it downgraded its target prices for Sky PLC (LON:SKY), TalkTalk Telecom Group PLC (LON:TALK), BT Group PLC (LON:BT) and Vodafone Group PLC (LON:VOD).
"The largest AIM-based gold funding to be completed for four years is a testament to the quality of the project"
"We look forward to the construction phase of Yanfolila and the announcement of further key milestones over the coming months," said Hummingbird's CEO, Dan Betts
The European oil and gas exploration and production company Ascent lived up to its name as resolutions 1 to 3 were duly passed at today’s AGM.
Archive
Onzima said it “has thus far made a number of positive returns on its investments” in the resources sector.
Fund raisings have continued apace in the junior mining sector
The FTSE 100 Index closed 24.02 points up at 6209.63
Hummingbird Resources undertakes a successful equity financing, Rambler Metals & Mining has closes its fundraise, while Kibo Mining caps off a good week.
Hummingbird has orchestrated a significant equity fundraising for the Yanfolila gold project in Mali
The firm issued 103mln shares at 22p a pop in a placing and carried out a subscription offer for another 105mln at the same price
Archive
Connemara Mining Company had more good news, Eland Oil & Gas Plc expects to complete flow testing and Fastjet halted its application for an air operator’s licence.
“We stand in a far stronger position to gain the best possible financing package for the Yanfolila gold project "
Archive
A selection of the weeks small cap mining news......
Hummingbird Resources' shares should rise if it can gets its Yanfolila gold project in Mali financed and built, said broker Cantor, who rates the shares a 'buy'.
Archive
Quartix ahead of expectations, Sound Energy knocks €0.5mln off the cost of its project in Italy and good news for 88 Energy.
The blue-chip benchmark ended February a solitary point higher than Friday’s closing price.
Below are some significant news driven movers at 5pm..
Net present value rises to US$109mln from US$88mln based on a gold price of US$1,100
Archive
The week ended with Patagonia Gold saying it expects to start production from its Cap-Oeste deposit in Argentina by the autumn.
Archive
Good corporate news including strong sets of numbers from Lloyds and RSA sent FTSE100 soaring...
Archive
Metal Tiger split, Premier Oil's $558mln write-off and Ceres power partners with Honda.
The Footsie extended the morning's gains to stand 140.94 points up at 6008 by lunchtime
Lloyds reported a 5% rise in underlying profit to £8.1bn
The extension will allow more time for the two to put together a finance package for the Yanfolila Gold project in Mali.
Archive
Here’s the news highlights from the mining sector this past week.
Archive
Biotech firm VolitionRx is to collaborate with Surrey University’s cancer research institute.
Hummingbird has added more gold ounces at Yanfolila with a view to extending the mine life significantly
Investors will be buoyed by the potential of Gonka, which is just five kilometres from the planned mine.
The pair plan to create a new company to hold a number of Hummingbird’s non-core gold exploration permits in Mali plus some of Kola’s in Mali and Senegal.
A new definitive feasibility study for the Yanfolila gold project in Mali, significantly improves the economics...
DiamondCorp, Hummingbird Resources and Rambler Metals also had news out this week
Investments and investor services
Weatherly International, Motif Bio and 88 energy also had news out on Tuesday
Investments and investor services
IInvestors continued to bask in the glow from Sunrise Resources
Hummingbird now estimates it can increase the amount of ore processed each year by 24% to 1.24Mtpa
Archive
Worryingly for other road users it is the prospects for Saga’s motor insurance business that has prompted the ‘buy’ rating.
“The Yanfolila Project more than underpins the current share price,” the house broker said.
African Potash is continuing to make significant progress in becoming a fertiliser trading firm.
Investments and investor services
There were a number of companies reporting interim results today...
A recent optimisation study highlighted a low –cost, high grade route.
It was a busy week in the small cap mining space as the UK's first mine for over 40 years opened.
A preliminary report from Knight Piesold Consulting looked at four run-of-river hydropower options.
“One thing we have is grade,” says CEO David Reading. “The other thing we have is strong people. It’s a testimony to them that we’ve actually built it.”
Archive
Growth in Chinese manufacturing activity is slowing down more rapidly than thought, which prompted sharp falls for miners.
Archive
It's deja vu all over again for African Potash as it inked another fertiliser deal.
The bridge loan facility with Taurus now amounts to US$15mln
Investments and investor services
There was a lot of news in the world of small caps today, starting with Tethys Petroleum
Grade control drilling at Hummingbird's Yanfolila gold project in Mali indicates that significantly higher grades may be on offer when the company starts mining next year
Archive
Quite busy on the mining front this week. Here are some highlights.
Archive
A mixed news bag from budget carriers to biotechs..Here are some highlights..
There was a lot of news in the small cap mining sector this week.
Hummingbird has completed an innovative deal to offload one of its licences that still keeps it plugged into the upside from the gold project.
Archive
A mixed news bag from the small cap miners this week. Here are a few nuggets.
First gold pouring at Yanfolila is predicted for the first half of next year.
Beating expectations this week was Xtract Resources after it announced its Chepica mine returned to profitability in May, at least three months ahead of schedule.
Archive
City firm Investec reckons Premier Foods (LON:PFD) is tasty and has upgraded the share to 'buy' from 'hold'. It also punts up the target price a tad - to 51p from 47p each.
Technical studies at Hummingbird Resources' Yanfolila gold project in Mali have shown the economics of the open pit operation can be further improved, the firm said, as it unveiled a £3.5mln fundraising.
The current mining plan by no means accounts for all of the gold in the ground at Yanfolila.
Archive
On the day of the Queens speech a mixed news bag, which featured miners, biotechs and tech stocks.