Australia-listed Aura Energy Ltd (ASX:AEE, LON:AURA) was the star of the week as it shot up more than 100% after it took its bow on the AIM market on Monday after raising £2.24mln from London investors.
On Friday, Aura raised more than £600,000 (A$1,000,000) from the completion of its Australian placing.
Executive chairman Peter Reeve called it an “outstanding success”.
In total the group has raised more than £2.8mln (A$5mln) from the Australian placing and AIM admission.
Harvest Minerals Limited (LON:HMI, ASX:HMI) has appointed a principal contractor to start preparations for mining at its Brazil phosphate project.
DK Transportes, Demolição e Locação Eireli, or simply Eireli, will carry out two phases of work at the Maximus property in Minas Gerais state.
Kibo Mining PLC (LON:KIBO) has pulled in one of the biggest names in world engineering to help construct the thermal power plant at its Mbeya project in Tanzania.
US giant General Electric has signed a memorandum of understanding to supply equipment, technology and its help to bring the project to a financial close.
Goldplat has completed the farm-out of the majority of the Anumso gold project in Ghana.
Canada-listed Ashanti Gold (CVE:AGZ), formerly Gulf Shore Resources, can acquire 75% of Goldplat’s (LON:GDP) current 90% stake if it spends US$3mln on exploration.
Asiamet Resources Limited (LON:ARS) continues to be encouraged by feasibility study drilling at the Beruang Kanan Main (BKM) in Indonesia, which could lead to stronger economics than the preliminary economic assessment showed.
The firm said 38 holes had now been completed, while two are now in progress. Results show shallow grade mineralisation continues.
Asiamet's chief executive Tony Manini told investors the firm was "very pleased" with the drill results received to date.
Shares in Premier African Minerals Ltd (LON:PREM) rocketed as it revealed serial small cap firm promoter and lithium expert David Lenigas has got aboard its Zimbabwe Zulu project.
The entrepreneur has been hired to carry out an independent review of the project, where drilling has now started - looking at potential strategic investors or joint ventures as well as financing.
Eurasia Mining plc (LON:EUA) should see first revenues this month (September) after mining begun at its West Kytlim platinum project in Russia, it told investors in its half year results.
As reported last Friday, the Ekaterinburg refinery had accepted the first batch of platinum concentrate, which will be refined and then purchased as per previously agreed terms.
Ariana Resources plc (LON:AAU) may increase the size of one of the pits at its new mine at Kiziltepe in Turkey after drilling confirmed gold signs outside the original area.
Drilling to the north west of the boundary of the proposed Arzu South pit confirmed a parallel vein system.
Azerbaijan-based gold miner Anglo Asian Mining Plc (LON:AAZ) returned to the black in its latest half year as lower costs outweighed fewer ounces being sold.
Revenues for the six months to June were US$39.2mln (US$41.8mln), but Anglo Asian posted an operating profit of US$6mln (US$1.1mln loss) and a pre-tax surplus of US$3.5mln (US$4.1mln loss).