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Some of the mining news highlights over the past week
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LON:THR
Thor Energy PLC is an exploration company with a focus on uranium and energy metals that are crucial in the shift to a ‘green’ energy economy. The company has a number of highly prospective projects that give shareholders exposure to uranium, nickel, copper, lithium and gold. Thor Energy's projects are located in Australia and the USA, both of which are top mining jurisdictions, and are poised for discovery success.
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Some of the mining news highlights over the past week
Mick Billing, Thor’s executive chairman said: "We are delighted to receive the first of what is expected to be a series of royalty payments from gold production at Spring Hill"
Thor said it had identified several scheelite mineralised intervals (for tungsten) and sulphide that potentially was a source of copper
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London's FTSE 100 was trading steadily in Wednesday afternoon's exchanges.
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Bezant Resources shares zipped higher after it confirmed the first commercial gold and platinum production at its Choco project in Colombia
Thor has long had a primary focus on tungsten, with the company’s flagship project at Molyhil in Australia’s Northern Territory, but in recent years it has had to be nimble about it, as prices of the metal plunged after the boom of the last
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A glance at some of the day's highlights from the Proactive Investors newswire...
Mick Billing, Thor’s executive chairman said: "Good grade mineralisation commencing at surface is always very good news, as is the intersection of higher grade material where historical results estimate they should extend”
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the biggest risers and fallers in London today
"The Pilot Mountain drilling program at Good Hope and Desert Scheelite demonstrates our strong belief that Pilot Mountain will become a very significant multi commodity deposit,” said Mick Billing.
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Some of the day's headlines on the Proactive Investors newswire
A glance at some of the bigger risers and fallers today in London ...
Thor Mining continues to work up its tungsten and lithium projects in the USA, with its Australian assets nicely set too
With an hour and a quarter of trading to go, the UK benchmark index was ahead 58 points at 7,430, just easing back from the afternoon peak of 7,438.90
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Some of the day's headlines on the Proactive Investors newswire
A glance at some of the bigger risers and fallers today in London ...
Thor representatives have been on site in the USA inspecting lithium mineralisation
With an hour and a half of trading to go in London, the FTSE 100 index was 36 points higher at 7,404, albeit remaining below an early peak of 7,425.52
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A look at the week’s highlighted news for the junior miners
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A glance at some of the stories on the Proactive newswire today...
In addition to the US$75,000 purchase price, Thor has also contributed A$50,000 to US Lithium to cover the exploration programme, which is now expected to be fully funded for the next three months
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Companies featured: Grand Group Investment, PV Crystalox Solar, Thor Mining, Falcon Media House, Game Digital, Proxama, Sports Direct International, Arian Silver Corp, Nu-Oil & Gas, Dart Group
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Footsie was becalmed throughout the day, leaving the mid-cap FTSE 250 to claim the limelight
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A glance at some of the stories on the Proactive newswire today
Proactive is monitoring all the movers and shakers on the day
Last month, Thor jumped into the lithium buzz, announcing the acquisition of a 25% stake in US Lithium Pty Limited
The top-share index finished up on the day and therefore up on the week also
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A glance at some of the stories on te Proactive newswire today
The Myanmar-language social media, entertainment and payments platform operator is breaking even at the current run-rate
Thor has added 68 square kilometres of new ground to its holdings in Northern Territory, Australia.
The AIM-listed group said it will also use the funds to finance explorations work on the Big Sandy lithium project in Arizona, in which the company has a 25% stake
The AIM-listed firm’s executive chairman, Mick Billing said: "All targets on this 50 hole program have been tested, with the program finishing inside both time and the estimated budget of A$100,000”
Thor Mining expects to benefit from the fact that lithium is a key ingredient in batteries that power smartphones, laptops and electric
Thor Mining's Dundas project is located near the Albany-Fraser belt, which hosts a number of gold discoveries including the Tropicana deposit
Some of the main risers and fallers in London at 3.45pm
"Importantly, the grade of mineralisation at Pilot Mountain is relatively high and this underpins the robust nature of the project."
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Tlou Energy Limited (LON:TLOU) highlighted the progress made with the group’s Lesedi coal bed methane (CBM) project, in Botswana, for the quarter ended March 31.
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A glance at some of the stories on the Proactive newswire today
There were also strong zinc shows in the six holes not reported in exploration by previous owners.
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A glance at some of the stories on the Proactive newswire today
Metal Tiger plc is a major shareholder in Thor holds over 34mln shares in Thor, or 9.24% of the capital.
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A look at the week’s highlighted news for the junior miners
The company owns the Pilot Mountain tungsten project in the US state of Nevada
Thor Mining is now cashed up and drilling at Pilot Mountain, and results are starting to come in
Drilling on the second of two holes at Pilot Mountain has hit thick intercepts of mineralisation
Some of the largest rises and falls in London at 15:45pm: Urals Energy, Acacia Mining, Vela Technologies
The FTSE 100 was down 32 points to 7,342 shortly after 3.15pm on Monday
Some of the largest rises and falls in London at 3.20pm included Wey Education, Rosslyn Data Technologies, Thor Mining
A lot of drilling has been done on the Pilot Mountain tungsten project down the years; Thor is looking to drill some more to prepare a resource estimate and, hopefully, extend the mineralisation
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A recap of the week just gone in the mining sector
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A glance at some of the stories on the Proactive newswire today
Depending on whether the gold is sold for less than A$1,500 or not, Thor is entitled to a royalty on Spring Hill's output of A$6 or A$14 per ounce of gold
The main risers and fallers around 2.45pm included Brave Bison, Metal Tiger, PCG, Entertainment ...
Thor Mining (AIM, ASX:THR) has been granted a trading halt by the ASX.
Evgen received a boost as its subarachnoid haemorrhage treatment has been given orphan status by the US FDA
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Weekly round up of the mining headlines from the world of Proactive.
Thor Mining (ASX:THR, LON:THR) has revealed a new drill campaign close to its existing Molyhil tungsten deposit in the Northern Territory of Australia.
Thor Mining announces a new drill campaign, Metal Tiger confirms copper mineralisation and ServicePower unveils three new partnerships.
Thor Mining announces a new drill campaign, Metal Tiger confirms copper mineralisation and ServicePower unveils three new partnerships.
Improvements in the tungsten price have sparked renewed interest in the sector
Tristel ends a rough week on a high note as directors buy more than 100,000 shares in the company.