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The Markets
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Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
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The Markets
by Proactive
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Small-cap coverage continues on .com
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The Markets
by Proactive
Proactive UK has moved.
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General mining & base metals

Small Cap Watch: Small caps edge lower as resources companies advance exploration and funding plans

S&P/ASX Small Ordinaries (INDEXASX: XSO) slipped modestly, closing at 3,477.10, down 6.30 points or 0.18% for the session, and off 9.90 points or 0.28% over the past 5 days.

The RIU conference kicks off today, but several ASX-listed companies have already reported operational and funding updates across the resources sector. You can read about the following and more throughout the day.

Solis advances Brazil lithium targets

Solis Minerals Ltd (TSX-V:SLMN, ASX:SLM, OTCQB:SLMFF, FRA:08WA) has mobilised its Brazilian exploration team to site, progressing target refinement, land access agreements and drill rig planning at its projects in Minas Gerais.

Resource Minerals raises $3.50 million

Resource Minerals International Ltd (ASX:RMI) has secured firm commitments to raise $3.50 million through a placement of 87.5 million shares at $0.04 each.

St George reports high-grade assays

St George Mining Ltd (ASX:SGQ, FRA:S0G, OTC:SGQMF) reported further high-grade assay results from diamond drilling at its 100%-owned Araxá rare earths and niobium project in Brazil.

Astral progresses Mandilla and Spargoville work

Astral Resources NL (ASX:AAR) provided an update on activities at its Mandilla Gold Project, where a 6-hole, 3,000-metre diamond drilling program is underway.

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