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Proactive end of day round-up: Be Heard, BOS Global Holdings, Sirius Minerals...
A glance at some of the main stories on the Proactive newswire today
Company
LON:SAV
Savannah Resources PLC is the owner of the Barroso Lithium Project, located close to key infrastructure in Northern Portugal which contains the most significant spodumene lithium resource in Western Europe. Following a positive scoping study that outlined a conventional operation producing 175,000t of spodumene concentrate per annum, Savannah is progressing with the development and environmental licencing of the Barroso Lithium Project. A definitive feasibility study is underway, and Portugal’s environmental regulator is evaluating Savannah’s Environmental Impact Assessment study on the project.
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A glance at some of the main stories on the Proactive newswire today
Risers & fallers: Record PLC pays out bumper dividends, EU Supply gets contract boost
The proposed site is adjacent to the historic Lasail underground mine
Investments and investor services
Zak explores just how change of name might (and might not) alter the fortunes of a small-cap
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Some of the stories that ran on the Proactive newswire today
Some of the main risers and fallers in London at 3.45pm
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A look at the world of small cap diggers this week and their news..
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A glance at some of the stories on the Proactive newswire today...
Some of the main risers and fallers in London at 3.45pm
"This is undoubtedly a highly strategic and valuable growth opportunity for Savannah."
FTSE 100 closed at 7,517 - up 2.81. points, or 0.04% and failed to make a record close
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A taste of the small cap stories on the Proactive newswire today
A look at some of the biggest London-listed risers and fallers today
Work on an economic study has also begun and is scheduled to be completed around July time
At the close, the UK blue chip index was up 0.7%, or 48.8 points at 7,435.4, not far below its all-time record of 7,447.0
Eight Ministerial approvals are required to get a mining licence in Oman
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A glance at some of the stories on the Proactive newswire today
The chief executive of Savannah Resources said the Mutamba project has the potential to be a significant producer of titanium feedstocks
Some of the largest rises and falls in London at 3.20pm included Wey Education, Rosslyn Data Technologies, Thor Mining
Savannah has three major projects on the go and will use the money to carry out further drilling and a scoping study.
FTSE 100 stocks ends flat on Thursday after falling back from a fresh record high as shares in outsourcing group Capita slumped 9%
At the Matumba mineral sands joint venture in Mozambique, a second high grade mineralisation zone at Ravene has been identified.
“Copper is a key Energy Metal and will continue to play a crucial role in the fast-evolving global energy matrix,” said David Archer, Savannah’s chief executive.
Some the biggest rises and falls in London at 12 noon: Beowulf, Duet Real Estate, Servision
Savannah has three major projects on the go in Oman, Finland and Tanzania
Investments and investor services
FTSE 100 shares ended higher on Wednesday, as Unilever talked up a review to show more shareholder value and Lloyds Banking posted its highest profit in a decade
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A glance at some of the stories on the Proactive newswire today.
Metallurgical work at Mahab 4 has yielded promising results
The Ravene deposit is relatively under-evaluated and indications suggest that it has the potential to host significant zones of high-grade heavy minerals
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A glance at some of the stories on the Proactive newswire today
Savannah is doing targeting work ahead of a drill programme to start once winter is over.
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A glance at today's headlines on the Proactive newswire ...
An auger drill programme is almost finished, with a further 88 holes of shallow drilling expected to complete early in 2017.
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Elsewhere, Haydale Graphene agrees a development deal with Araldite maker; Akers Biosciences hails its “highly successful” diabetes trial; Tissue Regenix signs it first European distribution agreements; plus much more…
Lasail, Bayda and Mahab 4 will be surveyed with results from all three due in the first quarter of next year.
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A look at some of the stories from the mining sector this week
Immupharma among the small cap pharmas in focus on Wednesday, alongside Futura Medical, Horizon Discovery Group, and Summit Therapeutics.
At Mahab, the final hole in the programme recorded 14.25m at 3.86% copper
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HSBC upgrade plus Savannah Resources, Paddy Power Betfair and US election
Also covered: Armadale Capital, CloudTag, Ceres Power, European Metals, Gfinity, Kromek, Metal Tiger, Rare Earth Minerals, Savannah Resources, San Leon Energy, Telit, Venn Life
Sareum, Faron, WideCells, Abzena and Ergomed were among Monday's small cap highlights
Lodging the EIA is a milestone in developing the combined deposits as an integrated operation.
Major shareholder Al Marjan put its hand in its pocket to keep its stake at just below 30%, while the CEO and chairman also subscribed for shares
As our mining expert Alastair Ford pointed out, its been a long hiatus with no corporate activity of any real significance at the junior level for nearly seven years, but deals are now popping up.
The commercials remain broadly similar to the original agreement to bring together the projects, which are next to each other and are effectively component parts of the same deposit.
The junior is exploring for copper in Oman and has just extended the deadline for merging of its mineral sands property in Mozambique
FTSE 100 shares dug themselves out of a hole to close just softer on Friday after banks recovered from heavy falls on speculative reports that troubled Deutsche Bank's US fine may be reduced
Lamprell shares soared after it secured a US$90mln contract to transform a shipping vessel into floating accommodation for Statoil's workers
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Round up of this week's mining headlines from the world of Proactive.
They relate to the Mahab 4 and Maqail South deposits in Block 5 and are for an open-cut development at Maqail South and for an underground development at Mahab 4.
The latest assays are from six holes, and one intersection hit 23.47% copper over 0.4 metres, the company said.
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Weekly round up of mining headlines from the world of Proactive.
“This early work is already confirming both encouraging grades and defining significant pegmatites at surface containing key lithium minerals”
London shares closed firmer on Wednesday as mixed-to-downbeat manufacturing data was counterweighed by upbeat oil prices
Savannah shares have more than doubled this year as momentum has built
A total of six diamond drill holes have been completed so far
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A round up of the week's mining headlines from Proactive.