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Allied Nevada is a US-based gold mining and exploration company, which operates it’s wholly owned open pit Hycroft Mine, located near Winnemucca, Nevada. The Company also owns a number of advanced and early-stage exploration properties located throughout the State of Nevada.
Recent Sector News
The 20% rise in the share price of Amara Mining n the last five weeks suggests the market is finally tuning into the huge potential of the West Africa-focused gold development group.
The IFC is the investment arm of the World Bank and its financial support will be used to fund exploration of the deposits that surround Aureus’s flagship New Liberty gold mine in Liberia.
Amara Mining’s annual results statement charted the huge strides management has made transforming the West Africa-focused gold explorer and producer.
The disconnect between risk, in-the-ground value and price make Hummingbird Resources a prime example of a sentiment driven mismatch. The recent resource upgrade from the Liberia-focused gold mine developer revealed why.
Savannah Resources shares surged on Thursday afternoon as it announced a US$6.3mln investment from New York-based asset manager Bergen, which will fund its expansion into a highly prospective copper belt in Oman.
Cash will fund further exploration of Los Cisnes in Santa Cruz province, where company has been encouraged by recent uptick in activity.
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