Galantas Gold Corporation (LON:GAL) has had the planning consent for its Omagh gold mine in County Tyrone confirmed by a Northern Irish court.
A local resident had challenged the initial decision to approve underground work at the mine.
But the Court of Appeal dismissed claims that more than 20 hectares at the site had never been properly assessed.
Separately the group announced it would issue between 64mln and 80mln new shares to raise a minimum of £3.2mln and a maximum of £4mln.
The money raised will be used for working capital and to achieve full production at Galantas’s Omagh gold mine Ireland, where mining is already underway.
Kore Potash PLC (ASX:KP2 LON:KP2) has identified a possible 775mln tonnes of additional sylvinite at its Sintoukola project in Congo-Brazzaville/Republic of Congo.
The potential upgrade is located at two new exploration targets, Kola South and DX North, that are adjacent to the Kola and Dougou Extension sylvinite deposits.
“Potential identified to increase the company's sylvinite deposits to a total of between 1.5 and 1.9 billion tonnes (Bt) of sylvinite with an average grade of between 34 and 37% KCl,” said the statement.
IronRidge Resources Ltd (LON:IRR) has secured £5.4mln to fund the continued the advances being made with its pipeline of gold and lithium projects in Ghana, Chad and Côte d'Ivoire.
The shares will be placed a 20p each, a modest discount to Wednesday’s closing price. The funding round has the backing of the company’s major investors.
In another announcement, the company said has intercepted more high-grade lithium at the Ewoyaa project in Ghana. Among the highlights were 56 metres at 1.71% Li2O, 67 metres at 1.32% Li2O, and 45 metres at 1.56% Li2O.
SolGold plc (LON:SOLG) chief executive Nick Mather doesn’t lack ambition. After delivering a resource update on Alpala, its copper-gold deposit in Ecuador, he said: “Alpala is just the beginning for SolGold and we can see the emergence of the company as a copper-gold major and Ecuador becoming one of the world's largest copper producers as a result."
Nobody could fault Mather for underselling the potential of SolGold’s portfolio. But then the latest update does speak to the world-class potential of the company’s most advanced asset.
W Resources PLC (LON:WRES) has commenced production of tungsten and tin concentrate at the La Parrilla mine in Spain as part of a planned staged build-up to full mine production in the second half of 2019.
Production is expected to reach 10 to 15 tonnes per month from November 2018, with the first shipment planned for December 2018.
The early start-up allows W to generate revenue and cash flow ahead of large-scale production at a planned run rate of 2,500 tonnes per annum of tungsten concentrate.
Greatland Gold PLC (LON:GGP) has lauded exceptional laboratory assay results from the company's first drill hole (HAD005) of the current campaign at its 100%-owned Havieron licence in the Paterson region of Western Australia.
The AIM-listed precious and base metals exploration and development company said the results significantly extend the known world-class mineralisation established in its first drilling campaign.
The group said it also establishes new peak grades for the mineralised system, including peak gold of 211.30 grammes per tonne (g/t), previously 137.69g/t, and peak copper of 8.45%, previously 4.11%.
Red Rock Resources PLC (LON:RRR) said it is proceeding to completion of a joint venture (JV) for the development of cobalt and copper assets in the Democratic Republic of Congo (DRC).
The AIM-listed natural resource development company, with interests in gold, manganese and oil production will acquire 50.1% on completion of the joint venture with Bring Minerals SAU, its counterparty, and local partner Vumilia Pendeza SA.
Rambler Metals & Mining PLC (LON:RMM) has reported a jump in copper production and revenues for the third quarter at its Ming mine in Canada.
The AIM-listed firm reported saleable copper production for the period of 1,266 tonnes, up from 978 tonnes in the second quarter and up from 1,004 tonnes the same time last year.
Premier African Minerals Limited (LON:PREM) said it has hit multiple high-grade intersections in an update on its drilling programme at the RHA Tungsten mine in Zimbabwe, in which it holds a 49% stake.
The AIM-listed firm said all drill holes targeting underground depth and strike extensions at the site had intersected mineralised zones, with highlights including;
Anglo Asian Mining PLC (LON:AAZ) has identified ‘multiple additional gold and copper occurrences’ from an airborne survey over the 300sq km licence area of the Gedabek mine in Azerbaijan.
Stephen Westhead, Group Director of Geology and Mining said: "Preliminary results from the area surveyed to date show both magnetic and electromagnetic anomalies relating to geological entities at depth.
Eurasia Mining PLC (LON:EUA) said the extensive permit application process Monchetundra PGM and base metals project had been concluded after the office of the Prime Minister of the Russian Federation approved the issue of a mining permit.
Metal Tiger PLC (LON:MTR) has reported visible signs of metal from first drilling on its new target in the Kalahari copper belt in Botswana.
The mining junior recently re-jigged its interest in the area by swapping a direct stake in the T3 prospect for 30% of Tshukudu Exploration, a joint venture which has numerous licences in the surrounding area.
Following a review of all data gathered to date at the Kochang gold and silver mine in Thailand, Bluebird Merchant Ventures Ltd (LON:BMV) has established an initial estimate of the mineral potential of between 550,000 and 700,000 tonnes, derived from a small area.
Grades in this area range from between 5.2 grams per tonne to 6.6 grams of gold and from 27.3 grams to 34.8 grams silver.
European Metals Holdings Limited (LON:EMH) (ASX:EMH) has raised gross proceeds of £1,035,500 via a share placing to advance the group’s corporate strategy, including to progress its drilling programme and upgrade its resource model.
Oriole Resources PLC (LON:ORR) has started sample analysis and trenchwork at two projects in Cameroon.The junior signed options over Bibemi and Wapouzé earlier in the year.
Partner BEIG3 has now set up a new sample preparation lab in Yaounde, Cameroon’s capital, which has dispatched 454 samples from Bibemi to Bureau Veritas in the Ivory Coast for assaying.
NQ Minerals PLC (LON:NQMI) has signed a marketing and off-take agreement with Traxys, the global commodities trader.
The deal comes a week after NQ Minerals shipped its first concentrate from the Hellyer mine in Tasmania to Traxys, and follows on from an earlier off-take deal signed in August.