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Proactive weekly mining highlights: Asiamet Resources, Salt Lake Potash, Pembridge Resources ....
It was a busy week for the small cap mining companies
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LON:GLR
Galileo Resources PLC is an opportunity-driven company whose model is to acquire large databases generated by major companies and abandoned for strategic, corporate, technical and other reasons which do not necessarily reflect the potential value of the project. The company has a strong management team who have succeeded in discovering, evaluating and advancing mining projects.
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It was a busy week for the small cap mining companies
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A glance at some of the day's highlights from the Proactive Investors newswire
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A look at the day's major movers, including Big Sofa Technologies, Techfinancials, Paragon Entertainment, Pendragon, Metro Bank, Serco, Taptica, HemoGenyx Pharmaceuticals ...
The company said two advanced options for Glenover were being studied to move the project forward, with talks underway.
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The UK's premier shares index finished the afternoon session off nearly 31 points at 7,367
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A look back at some of the news from London-listed mining stocks
The plan is for ore mined at Galileo’s Star Zinc project to supply Jubilee’s Sable refinery in Zambia, which it recently agreed to buy from Glencore
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A glance at some of the day's highlights from the Proactive Investors newswire
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A look at some of the biggest risers and fallers in London on Wednesday
The proceeds of the placing would be used to produce an independent resource estimate for the project as well as a preliminary pit design and the application for a mining permit
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On Wall Street, stocks were in the red at the time of writing despite positive Chinese data and a batch of positive earnings reports
Galileo plans to increase its stake in the Star Zinc project to 95%
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A glance at some of the day's highlights from the Proactive Investors newswire
A JORC resource is expected early next year, after which Galileo will apply for a mining licence
The mining firm said the phase 2 drilling, completed in October, had “significantly” increased the project’s non-JORC conceptual grade and tonnage estimate
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A glance at some of the day's highlights from the Proactive Investors newswire
A round-up of the week's news from small-cap mining and exploration companies