Post Brexit referendum currency moves and sales for lead software products drove Electosoft to a record 2016.
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The full site preparation phase is expected to start in the second quarter, while highway work will get underway on January 30 (ending April 7).
Gold production for the year came in at 829,705oz – a 12% increase on 2015’s figures
Output from the New Luika mine in 2016 totalled 87,713oz, which was a record for the Tanzania-based junior
The area is is proving to be an exceptionally prospective goldfield with multi-million ounce potential
Mine will pay back in a little over two years suggests PEA
Production on the whole beat that of 2015, but wasn’t quite what the market, or Rio itself, had in mind
John Peters, Strategic Minerals managing director, said that Cobre’s record sales would mean a maiden profit in 2016.
Overall operations were healthy with US$7mln of cash generated in the first half.
“We believe this merger would make sense, add value, and create capex synergies,” says Deutsche Bank analyst Franck Nganou.
The former CEO re-joined the board as non-executive director in December but is now leaving the company completely.
For the half year, net profits came in at US$3.7mln from a US$2.6mln deficit the last time
Here we take a look at the medium and small cap companies included among Fleet Street's top stock market tips for 2017.
The group's main aims for 2017 are to restore customer focus, grow sales and lower gearing
Cash flow from Cobre will provide working capital, but with £600,000 raised in the final quarter of 2016, Strategic is ready to strike.
Barratt said it built 7,180 homes in the six months to December 31, down 6% on the same period a year earlier reflecting a fall in completions in the capital.
The Western Zone, is 6km in length and 1.5km in width while the Eastern zone is 2km by 1.5km.
BAM! Drilling results continue to report wide zones of gold mineralisation at Landore's highly prospective Junior Lake property
A low-cost model has served Tharisa well during difficult market conditions, but should chrome prices rally, as expected ...
New Luika comprises nine deposits in the south of Tanzania
Reiterating his ‘buy’ recommendation on the stock in the emerald and ruby miner and marketer, Peel’s analyst Michael Stoner raised his valuation to 93p from 78p.
Nickel revenues may be 10% higher than anticipated and copper income 6% better
Over the year, the mine produced 50,351 ounces, up 17.6%
The production level remained well above the combined plant processing capacity, while it was another quarter with an unblemished safety record
Bovis said its finance director, Earl Sibley will be interim CEO as the group searches for a permanent successor to David Ritchie.