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Proactive mining highlights: Ariana, Alecto, Breedon, Kibo, Mkango and more...
This week's mining industry news from Proactive Investors.
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LON:ARS
Asiamet Resources Ltd is an emerging copper producer focused on the development of a portfolio of large copper, copper-gold and polymetallic deposits in Indonesia, adjacent to the key growth markets in Asia.
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This week's mining industry news from Proactive Investors.
Brave Bison appoints new CEO, Highlands Natural Resources acquires more claims in Utah and Plexus opens up massive funding opportunity.
Based on an eight year life, the PEA showed the project could generate gross revenue of US$1.27bn, assuming an average copper price of US$3.25 per pound.
It was a downbeat end to the week that saw the Footsie surrender the week's gains, as did the FTSE Aim indices.
88Energy funding inundated with demand, African Potash shares slump and Andes Energia confirms production volumes.
Major share price risers and fallers in London at 4.00pm
Indonesia-focused Asiamet Resources Limited has raised £1.5mln via an oversubscribed private placing as it advances its Beruang Kanan Main (BKM) copper project.
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In contrast to FTSE100, UK small caps were higher at the close, with Vast Resources still the top London gainer...
Stocks on London's junior market are at least having a better time of it than the blue-chips
Asiamet is working up a promising-looking copper project in Indonesia
Major share price risers and fallers in London at 3.30pm
Asiamet has delivered a PEA for its BKM copper project in Indonesia
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Companies covered include: Asiamet, DJI, Cap-XX, fastjet, Gfinity, Syndicate Room
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A busy week for small cap miners ended with Ulster-focused gold explorer Dalradian Resources Inc saying it remained on track to submit a planning application for the Curraghinalt mine later this year.