Greatland acquires gold-copper project in Western Australia
“We believe that the initial consideration of A$25,000 in cash and the issuance of 65mln shares represents a very modest initial payment given the potential at Havieron”
Company
LON:GGP
Greatland Resources is a new leading Australian gold and copper producer, operating the Telfer gold mine, one of Australia’s largest gold-copper mining complexes. The company is concurrently developing the nearby world-class Havieron gold-copper project and exploring across a significant regional portfolio.
617 stories · page 30 of 31
“We believe that the initial consideration of A$25,000 in cash and the issuance of 65mln shares represents a very modest initial payment given the potential at Havieron”
Investments and investor services
The FTSE 100 index closed lower in a widespread sell-off while the pound flirted with its lowest level against the euro since the Brexit vote
Archive
Round up of this week's mining headlines from the world of Proactive.
Earlier this week, Greatland reported anomalous levels of metal typical of a polymetallic VMS-type system at its Bromus project
Investments and investor services
UK stocks ended flat on Wednesday as jitters ahead of the Federal reserve’s rate decision set in
Major share price risers and fallers in London at 3.45pm
Notable grades of silver, zinc, cadmium and sulphur were unearthed with low level nickel intercepts as well.
Archive
Weekly round up of mining headlines from the world of Proactive.
Callum Baxter said the project has been subject to little historical exploration.
"We are very pleased to announce a comprehensive, wide-spaced drilling campaign for our 100% owned Ernest Giles gold project," said executive director Callum Baxter.
House builders, financials and airline IAG, which issued a profit warning, took an absolute battering today.
The metals explorer has field teams on site at its Bromus nickel project ready to start preparation work on four drill locations
The European oil and gas exploration and production company Ascent lived up to its name as resolutions 1 to 3 were duly passed at today’s AGM.
We all might as well have started the long weekend a day early for all the activity in the UK market today
Struggling Circle Oil got some leeway, Koovs secured funding, and Arbuthnot Securities is selling a big chunk of Secure Trust Bank.
UK shares ended the day in similar fashion as they begun, with big caps outshining smaller stocks.
Outside of the resources sector, Summit Therapeutics was also going well
Big caps outshone small caps in early deals, with small cap miners again in focus. FTSE100 was up over 28 at 6,289, while FTSE AIM 100 lost 0.07% to 3,462 and the FTSE AIM All share was practically flat at 731.770.