W Resources (LON:WRES) reported more strong indications of tungsten from drilling at La Parrilla in Spain.
Best result was 11m at 0.20% WO3 (tungsten) from 29m in Hole IRC1-35, though hole 34 showed 0.15% over 5m.
It was the big news from the mining sector today, which also saw Alecto Minerals (LON:ALO) announce it is to work with South Afrcian consultancy group PenMin to develop Matala and Dunrobin, its recent gold mine acquisitions in Zambia.
Elsewhere, Metal Tiger’s (LON:MTR) new joint venture in Botswana has completed the acquisition of 14 licences in the Kalahari copper belt.
DiamondCorp (LON:DCP) said it has begun the ramp up towards commercial production from the Upper K4 (UK4) Block of the company’s Lace Mine in South Africa’s Free State.
Caledonia Mining (LON:CMCL TSX:CMCL) remains on track to achieve target output for 2015 of 42,000 ounces of gold and operating costs as planned, it said, as it noted the share price fall on Monday in Toronto.
Meanwhile, Chris Cleverly, African Potash’s (LON:AFPO) executive chairman, has joined the board of Blenheim Natural Resources (LON:BNR) as a non-executive.
In the energy space, Mexico and Africa-focused MX Oil (LON:MXO) has confirmed speculation that it is to raise up to £4mln to fund investment in Nigeria.
MX said it is structuring secured, convertible loan notes to generate the cash via a series of fund-raising rounds to be drawn down in tranches in the next year.
Elsewhere, Sound Energy (LON:SOU) completed its 55% farm-in at the Morocco onshore licence Tendrara Lakbir, with ministerial approval, the final requirement, now received.
To the tech space - where Transense Technologies (LON:TRT) inked a deal with tyre giant Continental (ETR:CON) to supply it with its latest Translogik tyre inspection probes.
So far, ContiTrade – the European arm of Continental – has ordered 85 kits but Transense expects “significant further orders”, it said without giving financial details.
Video editing firm Forbidden Technologies (LON:FBT) saw shares lifted as it unveiled a partnership with Red Letter Days and its social video network eva.
In pharma news, Ergomed (LON:ERGO) said its development partnerships remained on track as it updated on their progress. In all it has teamed up with five companies to take stakes in drugs.
Meanwhile, Biomedical group NetScientific (LON:NSCI) hired Lawrence Cohen as chief executive of its portfolio company, molecular diagnostics group Glycotest, from January 4 to accelerate the commercialisation of its novel non-invasive blood tests.
In other news, corporate invoice specialist Tungsten (LON:TUNG) remained upbeat on its future despite soaring losses and the scrapping of plans to set itself up as a bank.
The e-invoice group has agreed to sell its bank subject to UK regulatory approval for approximately £30mln in cash, reflecting net assets of £25.4m plus a premium.
Finally, enterprise services platform and marketplace blur Group (LON:BLUR) appointed chief financial officer Tim Allen to its board with immediate effect.