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Agriterra, Mariana Resources, Stratex International and Lydian International to present next week

Proactive will be in London next week with an exciting line-up featuring three mining companies and a firm that makes its money from the land's surface.


Proactive will be in London next week with an exciting line-up featuring three mining companies and a firm that makes its money from the land's surface.

Pan-African agricultural firm Agriterra (LON:AGTA) will be joining us on Thursday, next week (November 7), along with Stratex International (LON:STI), Mariana Resources LON:MARL) and Lydian International (TSE:LYD).

Please ensure you don't miss out by booking your place HERE.

Agriterra (LON:AGTA) is a pan-African agricultural company focused on beef, cocoa and maize production.

Mozbife is its vertically integrated cattle ranching and feed-lot production business that is developing into a "field to fork" producer, while Tropical Farms Limited is its cocoa company based in Sierra Leone.

In Mozambique, Agriterra has two maize operations: DECA, based in Chimoio in the Manica province, and Compagri, which was established in May 2009 in Tete, 400km to the north of Chimoio, as a second agricultural buying and processing facility in Mozambique.

The company is looking to expand its portfolio of agricultural products through the addition of palm oil, through the acquisition of Shawford Investments, which owns some 45,000 hectares of brownfield agricultural land in an area suitable for palm oil production in the Pujehun District in the Southern Province of Sierra Leone.

Meanwhile, Stratex International's (LON:STI) track record of rapidly turning its discoveries into cash makes it an exploration and development company to watch.

The AIM-listed gold explorer recently announced the £1mln acquisition of a 10.3% stake in Canadian firm Tembo Gold, to the delight of the firm’s fans in the City.

The investment was made as part of a consortium that includes the New Africa Mining Fund II and Concept Capital Management, and is Stratex’s first investment in Tanzania, adding to a portfolio made up of Turkish and East and West African assets.

The trio of investors could end up controlling more than 60% of Tembo, whose gold property comprises 100 square kilometres (sq km) of highly prospective licences and applications in Tanzania, next to Barrick Gold’s Bulyanhulu mine.

Peru may not be the first name you think of as a major gold or copper producing country, but Mariana Resources(LON:MARL) intends to change that. 

The company announced a new strategy earlier this year that will see it focus more closely on the Condor del Oro copper-gold porphyry property in northern Peru.

Located in the Cordillera del Condor, one of the most significant underexplored gold-copper belts in South America, a compilation of previous exploration has highlighted an impressive 4 sq km target area, says Mariana. Mariana admits Condor del Oro is a big step for the company but sees it as a potential company maker.

Meanwhile, in Argentina, where the company has had considerable exploration success in the Eastern Deseado Massif of Santa Cruz Province in recent years, work continues to advance newly discovered gold-silver prospects at Los Cisnes and Bozal to drill target stage.

Finally, Toronto listed Lydian International (TSE:LYD) is another gold explorer, and its major discovery is in southern Armenia.

An outcrop of what is known as the Amulsar gold project was first spotted by a team of geologists through the window of a moving car – in what was presumably one of the most rewarding games of ‘I Spy’ in history.

A vast amount of time and energy has been invested in the project since then. It has grown massively and is currently estimated to have over 4mln ounces (Moz) of gold resources – as of March 2013, Amulsar was adjudged to host a global gold resource of 1.8Moz gold at 1.1 grams per tonne (g/t) measured; 0.6Moz gold at 1.0 g/t Indicated; and 1.7Moz gold at 0.8 g/t inferred.

The company believes there is potential to increase the resource at depth at its flagship Amulsar project in Armenia following the recent drilling results.

Please join us at 5:45pm to allow for a prompt 6pm start. Each company has around 30 minutes to give a short presentation and for Q&A. This will be followed by the 'champagne raffle' where six guests will win a bottle each.

The evening will end with a  complimentary bar and an assortment of the finest hot & cold canapés, giving you the opportunity to speak with the directors and other investors.

Quick facts: Oriole Resources PLC

Price: 0.435 GBX

Market: LSE
Market Cap: £3.97 m

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