Central Asia Metals won the battle of the booths on the first day of Mines and Money with its magic well of replenishing skittles.
The plastic container never seemed to empty, even as delegates swung by what was one of the busier stands, topped up on sugar and the latest on Central Asia’s extensive copper operations, and then moved on into the afternoon with a slightly stronger rush than they’d had before.
Tirupati Graphite PLC (LSE:TGR, OTCQX:TGRHF) said it expects commercial production from its Vatomina project in Madagascar to be achieved this month.
The first sales and shipment from Vatomina started in October 2021 with commercial production expected to be declared in the current quarter, the company said as it announced its results for the six months to end September.
Ariana Resources PLC (AIM:AAU) announced a 240% jump in estimated resources for the Kokkinoyia Sector of the Magellan copper-gold project in Cyprus.
The total indicated and inferred resource estimate was increased to about 12.3 million tonnes at a grade of 0.31 to 2.25% copper and 0.27 to 0.57 grammes a tonne gold across multiple zones of mineralisation.
Anglo Asian Mining PLC (AIM:AAZ, OTC:AGXKF) said the government of Azerbaijan granted it access to the Zangilan district, an area previously held by Armenia, enabling the AIM-listed company to assess its Vejnaly asset.
Senior management, including chief executive Reza Vaziri, will travel to Zangilan in early December to assess the Vejnaly contract area, including the existing mines at the site.
Emmerson PLC (AIM:EML) has started appointing contractors to carry out pre-construction work at its Khemisset potash project in Morocco, less than a month after securing US$47mln of initial funding.
It awarded the first basic engineering contract to Barr Engineering for the mineral processing facility ahead of first production in early 2024.
Empire Metals Ltd (AIM:EEE) said it started the second phase of reverse circulation drilling at its Central Menzies gold project in Western Australia.
Exploration will focus on the mineralised trend known as Nugget Patch, which extends for 500m along the western flank of the prospect.