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  • 2008
    • August
      • Raytec Metals sets up advisory board
        08/19/08
        Raytec Metals (TS-V: RAY) announced the formation of an advisory board which will advise on the commercialization of the company's potash deposits in Saskatchewan. The advisory board will consist of highly qualified fertilizer industry individuals including:

        Howard Cummer, Ph.D., a Hong

      • Mercator Gold – board change
        08/19/08
        Mercator Gold (AIM: MCR) announced that Denis Geldard, the company’s chief operating officer and a director, has resigned from the board, as of 12 September 2008, for personal reasons.

        Mercator Gold is a gold producing company, which is reviving the former gold producing area at Meekathar

      • Mindoro – more good drill results from Agata North
        08/19/08
        Mindoro Resources (TSX-V: MIO & Frankfurt: WKN 906167) announced results for a further 35 drill holes from its Agata North Nickel Laterite project, in the Philippines. This drill program continues to expand the resource with economic grades and thicknesses consistent with those previously report

      • Platmin boosts exploration team
        08/19/08
        Platmin (AIM & TSX: PPN) a platinum exploration and development company focused on the Bushveld in South Africa, announced it had appointed Mr Jan van der Merwe as Exploration Manager on 1st August 2008.

        He joins Platmin after twenty years experience with Lenin, a major platinum comp

      • Central China Goldfields – Johnny Hon retires
        08/19/08
        Central China Goldfields (AIM: GGG) announced that Dr Johnny Hon retired from the board of the company at its AGM today. Johnny Hon was recently been appointed as an Economic Advisor for Jilin Province in northeast China. As Central China has a possible interest in reviewing projects in this provinc

      • Metals Exploration - warrants exercised
        08/19/08
        Metals Exploration (AIM: MTL) announced that the company has allotted 100,000 new ordinary shares in the company, following receipt of notices of conversion of warrants in the company at 8p per share. Following conversion of these warrants, there will be 112,083,795 ordinary voting shares in the com

      • Chromex Mining grants options
        08/19/08
        Chromex Mining (AIM: CHX) a company focused on chrome granted a total of 2,450,000 options for ordinary shares to its directors and management on 14 August 2008. The options are exercisable at 45 pence per share up to 14 August 2013. Chromex shares are currently trading at 40.50 pence.

      • Discovery Metals raises £3.1 million
        08/19/08
        Discovery Metals (AIM:DME, ASX: DML, BSE: DML) issued 15,934,412 shares at 19.5p (A$0.42) to raise £3.1 million. This issue of shares is the first tranche of a placement to raise £3.82 million (AUD$8.2 million) - before expenses - from institutional and sophisticated investors in Australia and Botsw

      • EMED – 460 exciting metres at Biely Vrch
        08/19/08
        EMED Mining Public Limited (AIM: EMED) released the result of the first drill intercept of the current in-fill drilling program at its Biely Vrch Prospect on the company's Detva Licence in central Slovakia.

        Drillhole DVE27 intercepted 1.1grams per tonne gold from surface to the bottom of

      • Kopane appoints Michael Wittet to board
        08/19/08
        Kopane Diamond Developments (AIM: KDD) announced the appointment of Michael Wittet as a non-executive director. He is a chemical engineer and engineering consultant, who worked for DeBeers for thirty-six years.

        Tim Read, chairman of Kopane, said:

        “We are delighted that Mike wil

      • Herencia - high grades at depth at Paguanta
        08/19/08
        Herencia Resources (AIM: HER) an exploration and development company focused on resource opportunities in South America, informed the market that drilling at the Patricia deposit (part of its 70% owned Paguanta zinc-lead-silver project in northern Chile) continues to yield positive results.
      • Ascent Resources – Hungary gas production update
        08/19/08
        Ascent Resources (AIM: AST) a Europe focused oil and gas exploration and production company, announced that since its (45.23% interest) PEN-104 well at one the company’s Nyírség permits in Hungary commenced flowing on 12th August, a stabilised average gas production rate of 88,200 cubic metres a day

      • Pan African Resources’ profits surge
        08/19/08
        Pan African Resources(AIM: PAF & AltX: PAN) released provisional results for the financial year ending June 2008, which showed profits after taxation rising to £7.6 million from £2.89 million the previous year.

        EBITDA to the end of June 2008 was £13.7 million on gold sales of 99,078 o

      • Ariana builds up its land holding in Western Turkey
        08/19/08
        Ariana Resources (AIM: AAU) a gold exploration and development company focused on Turkey announced that, as part of its deal with Odyssey Resources, one exploration and five operating licences (from a package of ten licences) have been transferred to the Tavsan project. Ariana also announced that it

      • SNRP - Jeremy Metcalfe piles in
        08/18/08
        Strategic Natural Resources (AIM: SNRP) announced that Jeremy Metcalfe, the company's chief executive, has bought 50,000 shares in the Company for 20.25p. Following this purchase, Jeremy Metcalfe now has a direct, and indirect, interested in 2,815,600 ordinary shares representing 4.33% of the Compan

      • Gold Oil - Invepetrol & San Alberto XXI-2 updates
        08/18/08
        Gold Oil (AIM: GOO) announced that it is exercising its option to purchase Inversiones Petroleras de Colombia S.A. (Invepetrol) for a total of US$4 million.

        The company will make an initial payment of $1 million, with the balance to be paid later. Invepetrol holds an 18.05% participating

      • Van Dieman - Ron Goodman step up to the plate
        08/18/08
        The board of Van Dieman Mining has appointed Ron Goodman, formerly Executive Director Operations, as CEO and Managing Director. Ken Frey, who steps down from these roles, will retain a role in the development of the company's sapphire joint venture.

        The board have made these changes beca

      • Synchronica makes acquistion & confirms Sun deal
        08/18/08
        Synchronica plc (AIM: SYNC) a leading specialist mobile email and synchronisation provider announced that it has entered a conditional agreement to acquire for the operating subsidiary of one of its competitors - AxisMobile plc (AIM: AXIS).

        Synchronica will issue 85,102,041 new ordinary

      • Braemore Resources confirms expansion of ConRoast Smelter underway
        08/14/08
        Braemore Resources (AIM: BRR) confirmed that it had commenced the expansion of the ConRoast demonstration smelter facility in South Africa this week. The expansion will see the capacity of the smelter rise to3.2MW and allow for the production of up to 70,000 ounces of Platinum Group Metals (PGMs) p

      • Central China cuts 65 metres grading 0.75% copper equivalent
        08/14/08
        Central China Goldfields (AIM: GGG) released arguably the most compelling drill hole result for the Guqing prospect within the Gangjiang Project, which is part of the larger Nimu Copper Project in China this morning.

        Drill hole GJ14 cut 65.1 metres grading 0.52% copper and 0.025% molybd

      • Medusa Mining announces discovery of magnetite-copper-gold porphyry
        08/14/08
        Medusa Mining(AIM: MML), best known for producing gold from the high grade Co-0 Mine in the Philippines, announced that first pass drilling at the Kamarangan Prospect had intersected “visible copper and molybdenum”. Drilling also intersected massive magnetite with copper and gold mineralisation in

      • Empyrean Energy lifted by Sugarkane Gas Field update
        08/13/08
        Empyrean Energy, the oil and gas exploration and production company, climbed 6% after announcing a further update on activities at the Sugarkane Prospect, Block B, Texas, USA.

        The Sugarkane Prospect is operated by Texas Crude Energy Inc, who this morning confirmed that the Kowalik 1H vert

      • Rurelec commissions 6MW power plant in Bolivia
        08/13/08
        Rurelec (AIM: RUR) the Latin America power plant developer and operator, announced that its Bolivian subsidiary, Empresa Guaracachi, had commissioned the 6 megawatt Jenbacher II plant. The plant consists of three “high efficiency” General Electric Jenbacher gas engines and is in addition to the 8MW

      • Murchison United receives scoping study for Maroochydore Copper Project
        08/13/08
        It is easy to forget that Murchison United (ASX: MUR, AIM: MUU) does in fact have one interest outside of uranium in West Africa. This morning, the company announced that a scoping study had been completed by its 50% joint venture partner, Aditya Birla Minerals (ASX: ABY) on the Maroochydore Copper

      • Discovery Metals raises £3.75 million for full feasibility study
        08/13/08
        Discovery Metals, the copper and nickel exploration and development company with assets in Botswana, announced that it had completed a placing to institutional investors to raise A$8.2 million (£3.75 million) at A$0.42 cents (19.25 pence) per share.

        The funds raised will be ‘primarily’ us

      • Rusina Mining CEO exercises 3 million options at 8 pence per share
        08/12/08
        Rusina Mining (ASX:RML, AIM:RMLA), the nickel laterite producer based in the Philippines, announced today that CEO Robert Gregory has exercised 3 million options with a strike price of A$0.164 cents.

        Following the transaction, Mr. Gregory holds 3.215 million shares, or 1.33% of the compan

      • Churchill Mining adds heavily experienced technical director
        08/12/08
        Churchill Mining (AIM: CHL), the coal company rapidly advancing the East Kutai Coal Project in Kalimantan, Indonesia, announced the appointment of John Clayton as Technical Director.

        Mr. Clayton brings almost four decades of experience in various fields of infrastructure, engineering and

      • Garden Hill South horizontal well to commence shortly for Enegi Oil
        08/12/08
        Enegi Oil (AIM: ENEG), the oil and gas exploration and development company, confirmed that the horizontal sidetrack of the Garden Hill South oil field would commence in about a week.

        Enegi Oil has a 100% interest in Garden Hill South through its Canadian subsidiary, PDI Production Inc.

      • Ascent Resources announces first gas production in Hungary
        08/12/08
        Ascent Resources (AIM: AST) the oil and gas exploration and production company, climbed 10% this morning after confirming the commencement of gas production at the PEN-104 well in the Penészlek area of the Nyírség permits in Hungary. Ascent has a 45.23% interest in the project.

        The produ

      • Medusa Mining increases gold resource to 0.862 million ounces
        08/12/08
        Medusa Mining, the owner and operator of the Co-O Gold Mine in the Philippines, announced a 17% increase in its JORC compliant resources to 0.862 million ounces with an average grade of 10.72 grams per tonne gold.

        The resource update is part of a wider resource definition and exploration

      • Accsys Technology expands license option in China
        08/12/08
        Accsys Technologies license option agreement with Diamond Wood China took a further step in the right direction today. The environmental technology company announced that Diamond Wood has expanded its rights to manufacture Accoya® wood in the People’s Republic of China for an additional nameplate p

      • Red Rock starts gravity survey over Mt Alfred Iron Ore tenement
        08/11/08
        Diversified mineral exploration company, Red Rock Resources (AIM: RRR) confirmed this morning that it was approximately half way through a gravity survey over the Mt Alfred Iron Ore tenement in Western Australia. The gravity survey is seeking to indentify the "main zones of iron mineralisation&

      • Rambler Metals appoints General Manager for Ming Mine Project
        08/11/08
        Rambler Metals and Mining (TSXV: RAB, AIM: RMM) announced that it filled the key role of General Manager for the development of the Ming Copper Mine Project in Eastern Canada. Jason McKenzie, who brings over 35 years of underground mining experience, has taken up the role.

        Mr. McKenzie

      • Tianshan Goldfields renews licences in China
        08/11/08
        Tianshan Goldfields, which is advancing its 90% owned 2.64 million ounce Gold Mountain Project towards a development decision provided a wide ranging update on activities today.

        Tianshan began with confirmation of a 'detailed geological mapping' program over the four major resource areas

      • Kefi Minerals identifies two drill targets in Turkey
        08/11/08
        KEFI Minerals (AIM: KEFI), the exploration company with projects in Turkey, announced the results of a recently completed 'pole-dipole Induced Polarisation' survey on its Bakir Tepe Licences.

        The IP survey defined two 'moderately strong chargeability anomalies'. One of the anomalies appe

      • Murchison United director buys shares
        08/11/08
        Glenn Featherby non-executive Chairman of Murchison United acquired 500,000 shares in the company for a total consideration of A$50,275.

        The share purchase increased the non-executive Chairman's stake to 990,620 shares.

        Murchison United recently announced a ground breaking j

      • Sacre-Couer Minerals raises $3.625 million
        08/08/08
        Sacre-Couer Minerals, the South American focused mineral exploration company, announced the closing of a non-brokered private placement which raised gross proceeds of C$3.625 million.

        Under the terms of the private placement, the Sacre-Couer has issued 2.5 million units at C$1.45 per Unit

      • Resource statement at Ida Dome lifts Kalahari Minerals
        08/07/08
        Kalahari Minerals (AIM: KAH) continued to benefit from its 39.11% interest in ASX and TSX listed Extract Resources, which released a maiden resource for the Ida Dome Uranium Project in Namibia today.

        The resource statement was based on 28,852 metres of an ongoing 60,000 metre drilling pro

      • Eurotrust enters into 400MW wind power agreement in Poland
        08/07/08
        EuroTrust (AIM: EURO) announced that it had entered into an agreement with Agrowind A/S, a Danish wind farm developer for the development of 400 megawatts (MW) of wind farm project in Poland. Eurotrust already has 57MW of wind farm developments under construction in Poland and Germany. The current

      • Discovery Metals extends strike of copper prospect to 18 kilometres
        08/07/08
        Discovery Metals substantially increased the chances of adding more tonnage to the Boseto Copper Project in Botswana after announcing that it had extended the prospective strike length of the Quirinus prospect to 18 kilometres today.

        The Quirinus prospect was confirmed as a discovery last

      • Xstrata offers £5 billion for Lonmin
        08/06/08
        Diversified mining giant, Xstrata (LSE: XTA) surprised the market this morning after it announced a all cash offer for fellow FTSE 100 constituent and leading South African Platinum producer, Lonmin (LSE: LMI).

        Xstrata has offered 3300 pence per share (£5 billion), a 42% premium to the

      • Michael Page leapts on approach from Adecco
        08/05/08
        Professional recruitment consultancy, Michael Page (LSE: MPI), a member of the FTSE 250, jumped 35% after confirming that it had received an 'unsolicited preliminary approach' from Adecco.

        Michael Page specialises in the placement of candidates in permanent, contract and temporary positio

      • Pangea Diamondfields tweaks outlook for diamond operations
        08/05/08
        Pangea DiamondFields (AIM: PDF), the mid-tier diamond producer and exploration company released a broad update on its various activities in Africa.

        Production for the six months to 30 June 2008 totalled 15,859 carats, with attributable resources of 8.61 million carats.

        A substa

      • Chaarat Gold climbs after releasing positive drill results
        08/05/08
        Chaarat Gold received a long overdue boost in its share price this morning after releasing additional drilling results from the company’s flagship 3.14 million ounce Chaarat Project in Kyrgyzstan.

        Shares in the company climbed 6% higher on solid drill results, including 15.7 metres with a

      • Empyrean Energy climbs on Sugarloaf Block A update
        08/01/08
        Empyrean Energy (AIM: EME), the oil and gas explorer and producer with assets in Germany and the United States, climbed 12% after confirming that the Sugarloaf Block A-4 well had reached total depth. The exploration program is operated by Texas Crude Energy.

        Texas Crude Energy said th

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