Ariana Resources advancing Kiziltepe gold mine construction apace
Commissioning is now drawing very close, with first gold production expected by the end of the year.
Company
LON:AAU
Ariana Resources is a mineral exploration and development company with an exceptional track-record of creating value for its shareholders through its interests in active mining projects and investments in exploration companies. The company's focus is a +1Moz gold development project in Zimbabwe and has interests in gold production in Türkiye and copper-gold silver and zinc exploration and development projects in Cyprus and Kosovo.
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Commissioning is now drawing very close, with first gold production expected by the end of the year.
The target price is 2.71p or 53% higher than the current market price of 1.77p and 'buy' is the view.
Ariana Resources has bolstered its board with the appointment of mining engineer, cloudBuy is to deliver a new online marketplace and Goldplat saw profits surge.
After 1999, he moved to the Zambian Copper Belt with Anglo American plc / KCM plc
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Weekly round up of mining news from the world of Proactive.
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A weekly round up of the mining news from the world of Proactive.
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Ariana Resources is making good progress with construction at Red Rabbit, and in the meantime is providing some excitement with exploration drill results
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Also AFC energy gets a "helpful" cash injection from the EU and Ariana finds a new vein.