Xeros Technology Group PLC leads AIM 100 higher
It was a mixed start for London's junior market but revolutionary laundry system developer Xeros has scrubbed up very well
Company
LON:SOLG
SolGold is a leading resources company focussed on the discovery, definition and development of world-class copper and gold deposits. In 2018, SolGold's management team was recognised by the "Mines and Money" Forum as an example of excellence in the industry and continues to strive to deliver objectives efficiently and in the interests of shareholders. SolGold is aggressively exploring the length and breadth of this highly prospective and gold-rich section of the Andean Copper Belt which is currently responsible for c40% of global mined copper production.
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It was a mixed start for London's junior market but revolutionary laundry system developer Xeros has scrubbed up very well
Investments and investor services
Aim's leading lights ended a rough week on a bright note
Junior oilers were making ground as small cap indices went higher but were still left in the rear view mirror by FTSE100.
Shares in SolGold plc went lower on Tuesday as it unveiled a discounted share issue to raise over £3mln.
Don’t tell Goldman Sachs, but, mining stocks were the top performers in the small cap market so far today.
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There were some big stories for mining juniors Friday...after a fairly busy week..
Metals prices are on the up taking mining stocks with them
There's no doubt these are tough times for oil prices and associated firms as stockpiled barrels tower up and prices fall off a cliff.
Shares in Solgold shot up over 14% in early deals as it revealed Hole 16 at the Cascabel copper project in Ecuador continues to hit intense porphyry style mineralisation.
Miners were doing much of the heavy listing in early trading
Major share price risers and fallers in London at 4.00pm
World trade recorded a 13.8%yoy decline (US$ terms) in 2015, marking the first contraction since 2009.
Intense mineralisation is being found in hole 16 at the Cascabel copper project in Ecuador, SolGold said.
Some good news on the dividends front from RSA and Lloyds, while reinsurer Beazley is moving management back to the UK.
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Velocys has started a new project to turn the UK's waste into fuel, Corero launched a beta version of its latest software and bad luck for Faroe Petroleum.
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Big news at the Horse Hill discovery well, while Motive Television breaks the US and results from SolGold's latest drilling.
Oil majors still rise and Weir Group gets boost from vague bid chatter
SolGold said its latest drill findings support the view that the Alpala deposit at the Cascabel copper project in Ecuador can be extended southeast.
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Here’s the news highlights from the mining sector this past week.
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Biotech firm VolitionRx is to collaborate with Surrey University’s cancer research institute.
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Corero Network Security has passed a ‘significant milestone’ in its development by getting a tier-one ISP to take its SmartWall Threat Defense System
The first batch from Hole 13 indicated 376m of copper at a grade of 0.52%
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A bounce back oil prices pushed London shares higher at the close but the UK benchmark still closed lower on the day....
The miners turned back into the red during the morning session sending the index 9 points lower to 6,126.
The company reckons it has identified five porphyry centres in what it calls the Cascabel cluster.
The FTSE 100 Index fell 26 points to 6308 at lunchtime
Investments and investor services
Below are the main news-driven share price movements at 4pm.
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Highlights of the news developments from the growth companies universe
SolGold has raised £933,953 through the issue of shares at 1.5p each
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Investments and investor services
Here are the Proactive Investors small cap news highlights for Tuesday November 3.
The pronouncement follows some early work carried out on Aguinaga area. 1.6km north of Alpala, its most developed prospect.
Stratex, Sunrise, Alexander Nubia, Sirius and Richland Resources also reported...
Investments and investor services
Costa Coffee and Premier Inn owner Whitbread and Holiday Inn-owner Intercontinental Hotels Group did their best to boost the index.
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Life was sweet in the world of the small cap miners today.
The FTSE 100 Index was 16.47 points adrift at 6335 by lunchtime
As London's blue chips looked like they were heading in one direction - south - the rest of the City was focused on China's state visit..
Investments and investor services
Below are the main news-driven share price movements at 4pm.
Investments and investor services
Paragon Diamonds has agreed a US$15mln package to fund the development of its Lemphane and Mothae mines in Lesotho.
SolGold shares headed north as the week ended as it struck funding deals with two major shareholders to bring in over £1mln.
The new drill programme will run alongside Hole number 12.
Atlanctic Coal, Strategic Minerals and African Potash all had significant news out this week...
Investments and investor services
On ‘Black Monday’ investors were sent running as China concerns caused a panic, but in the world of small caps, a few were able to buck the trend.
Solgold is building on drilling success at Cascabel with the identification of new targets
There was a lot of news in the small cap mining space this week...
Investments and investor services
The mining sector took centre stage today in the world of small caps...
Below are some of the main news-driven share price movements at 4pm
SolGold's 12 hole at the Cascabel copper gold project has exhibited encouraging visible copper mineralisation, which increased with depth, the firm said as it updated on progress.
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...
Investments and investor services
Chinese industrial profits fell in June after rising a month earlier
SolGold added that the second rig will explore other potential porphyry centres within the greater Cascabel porphyry cluster. The second drill is part of a strategy to delineate an 85mln tonne high grade zone with the aim of generating a ma
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Quite busy on the mining front this week. Here are some highlights.
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A number of resource companies have successfully raised fresh capital today, while another has been on a cost-cutting drive.
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Reports of Greek plans for tax rises and spending cuts cheer traders
The hole will test the southeast strike extension of the high grades uncovered in hole number five.
A recovery in Shanghai and hopes of a deal for Greece have raised spirits
This mineralisation is believed to form a "saddle" between the inferred Central Alpala and Northwest Alpala porphyry centres.
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While the world’s stock markets fretted over a possible exit from the Eurozone by Greece, life went on much as normal for the small caps.
Drilling of the eleventh hole was halted at a depth of 1,668m.
Savannah Resources (LON:SAV) continues to see good gold grades at its Block 4 project area in Oman and has identified a new prospect - Salahi 1. It was just one of a number of companies receiving good news this week.
Investments and investor services
Miners and oil stocks took to the stage today on a busy day for small caps.
Tough markets mean depressed share prices, and in mining markets haven’t been tougher than they are now for a good few years. But SolGold chief Nick Mather remains upbeat on its flagship project.
Tough markets mean depressed share prices, and in mining markets haven’t been tougher than they are now for a good few years. But SolGold chief Nick Mather remains upbeat on its flagship project.
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Though still seen as a risky place for investment by many due to a hefty tax imposed on mining projects, some have recently invested big in the area on the belief that the country is wrongly perceived, including chief executive officer of n
Though still seen as a risky place for investment by many due to a hefty tax imposed on mining projects, some have recently invested big in the area on the belief that the country is wrongly perceived, including chief executive officer of n
Though still seen as a risky place for investment by many due to a hefty tax imposed on mining projects, some have recently invested big in the area on the belief that the country is wrongly perceived, including chief executive officer of n
Though still seen as a risky place for investment by many due to a hefty tax imposed on mining projects, some have recently invested big in the area on the belief that the country is wrongly perceived, including chief executive officer of n
Though still seen as a risky place for investment by many due to a hefty tax imposed on mining projects, some have recently invested big in the area on the belief that the country is wrongly perceived, including chief executive officer of n
Navaho Gold is the next out company spawned from the highly regarded D’Aguilar stable, which includes Solomon Gold; LON:SOLG. Navaho is targeting 'carlin style' gold, with the Carlin Trend host to some of the largest gold deposits in