Bushveld Minerals Limited (LON:BMN) announced that 2017 was a transformational year, which saw the company ‘significantly progress’ the development of each of its platforms.
The AIM-listed firm said it has successfully implemented the acquisition of Vametco, high quality and low-cost vanadium producer, over two phases.
Ariana Resources plc (LON:AAU), the exploration and development company operating in Turkey, said it continues to expect its gold production figures for the full year “to be in line with expectations”.
And ECR Minerals PLC (LON:ECR) reported a narrowed loss in its half-year results as it turned its focus squarely on projects in the Australian state of Victoria.
The AIM-listed miner reported a pre-tax loss for the period of £247,945, a reduction on the £433,804 loss in the same period last year, while it ended the period with cash and cash equiValents totalling £701,499, up from £107,508 the same time last year.
Kibo Mining PLC (LON:KIBO) issued a rebuke to press speculation around the status of its negotiations with the Tanzania Electric Supply Company (TANESCO) over the development of the Mbeya Coal to Power Project.
Meanwhile Cradle Arc Plc (LON:CRA), the owner of the Mowana copper project in Botswana, said it is encouraged by the long-term pricing fundamentals for copper.
The company said in its full-year results statement that the ramp-up to processing a targeted 12,000 tonnes a year of copper in concentrate continues to advance in accordance with the company's accelerated development plan.
Amur Minerals Corporation (LON:AMC) reported that RPM Global has completed open pit optimisation analyses company’s Ikenskoe/Sobolevsky and Kubuk deposits located within its Kun-Manie mining licence in Russia.
Elsewhere Kibo Mining PLC (AIM:KIBO) finalised the joint venture agreement with Mozambique energy company Termoeléctrica de Benga SA regarding the development of the Benga Independent Power Project (BIPP).
Vast Resources PLC (LON:VAST) raised £1.25mln through a share placing to help fund the development of its operations in Romania and Zimbabwe.
The AIM-listed miner issued 238.1mln new shares at a price of 5.25p each – not far below Tuesday’s closing price of 5.4p.
And BHP Billiton plc (LON:BLT) agreed to pay US$211mln to the Renova Foundation, which was set up to support victims of the Samarco mining disaster in Brazil.
In November 2015, a dam at the Samarco mine co-owned by BHP and Brazilian company Vale burst, leaving 19 people dead and destroying two villages.
Ariana Resources plc (LON:AAU) unveiled a Joint Ore Reserves Committee (JORC) exploration target for its Salinbas gold project in Turkey.
The AIM-listed gold explorer said the JORC exploration target had indicated up to 2.7mln ounces (Moz) of gold and 16.1Moz of silver in the Salinbas area, excluding current JORC indicated and inferred resources of around 1Moz of gold.
And Galantas Gold Corporation (LON:GAL) announced it has now reached the main gold vein in development works underground at its Omagh gold mine in Northern Ireland.
The main tunnel that Galantas has dug descends at a slope with a gradient of 1-in-7 from near the base of the former open pit.