Risers & Fallers: Rurelec, PeerTV, Elementis, Camco Clean Energy, Asiamet and Capital Management
Below are the main news-driven share price movements at 4pm.
Company
Asiamet Resources Ltd
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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Asiamet sees good demand for £1mln placing
The placing, at 1.4p, has already been fully subscribed.
Proactive weekly mining round-up including Asiamet, Tango Mining, Shanta Gold, SolGold and more...
Stratex, Sunrise, Alexander Nubia, Sirius and Richland Resources also reported...
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Proactive small cap news highlights - Asiamet, Metminco, Trinity Exploration, Sound Energy, SacOil, Oilex, Photo-Me, Globo & others
Asiamet saw a resource upgrade, Metminco got a boost in its partnering efforts and Sound Energy's teamed up with Schlumberger
Asiamet 'very pleased' with updated 43% rise in copper resource
Following an extensive round of drilling BKM, now has a higher-confidence indicated resource of 15mln tonnes of copper at a 0.7% cut-off – the equivalent of 231mln tonnes of the metal.
Asiamet Resources drill programme ends on a high
Assay results from the Beruang Kanan Main copper deposit in Indonesia were some of the best to date.
Proactive weekly mining round-up including Asiamet, Gemfields, KEFI, Xtract, Mariana and Metal Tiger
There was a lot of big news from the small cap miners this week...
Investments and investor services
Proactive news highlights including Asiamet Resources, Fastjet, SeaEnergy
Atlantic Coal, Sierra Rutile, Xtract Energy and Motive Television also has news today.
Asiamet drill results point to Indonesia copper potential
Mineralisation was intercepted in sections from three metres down to 67 metres, returning copper grades of 1.09% to 2.61%.
Asiamet’s first production looks likely to hit a sweet spot in the copper market
Even if copper is currently under severe pressure, that dynamic is likely to have changed dramatically by the time Asiamet delivers its first production.
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Proactive mining news summary: Alecto, Asiamet, Bushveld, China Nonferrous, Ironridge, Landore ...
The end of quarter is approaching so companies were rushing out end-June trading updates, leading to a very heavy news day.
UPDATE - Asiamet Resources continues to see high grade copper at BKM
Drilling, in fourteen holes, was designed to increase confidence and expand the BKM Resource
Proactive weekly mining round-up including Wolf Minerals, Amara, Gem Diamonds, Galantas Gold...
It was a busy week in the small cap mining space as the UK's first mine for over 40 years opened.
Investments and investor services
Proactive news highlights: Asiamet, Paragon Diamonds, Accesso, Condor Gold, Genel Energy and more
Mosman Oil & Gas (LON:MSMN) moved STEP closer to acquisition with a royalty agreement worth NZ$4mln.
Bumper grades to boost economics of Asiamet's BKM
In all Asiamet plans to drill 80 holes to complete 6,500 metres of resource evaluation work – so far it has completed 66 holes for 5,605 metres.