Proactive news highlights: Featuring Ceres Power, Ormonde Mining and Golden Saint Resources
Ceres Power signs a deal with Nissan; Ormonde Mining gets a boost in Spain; Golden Saint Resources says it has made significant progress, plus much more…
Company
LON:ORM
Ormonde Mining PLC is a mineral resource company with interests in Spain. The Company’s vision is to be a successful, reputable natural resource company, committed to the responsible development of mining projects and the creation of value for our shareholders, employees and host communities.
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Ceres Power signs a deal with Nissan; Ormonde Mining gets a boost in Spain; Golden Saint Resources says it has made significant progress, plus much more…
The legal declaration allows it to use land without having to await completion of the compulsory purchase process.
Archive
Metals Ex produces its first gold this week; Diamondcorp hailed the success of its recent auction; and Mkango joined AIM.
Tungsten ammonium paratungstate (APT) prices have recently risen to US$210 per tonne
A snapshot of small cap stories today on Proactive Investors
Profits for the year were €2.07mln (loss €1.63mln) with €557,000 revenues also received in management fees
The good news is the objection to the compulsory land purchase plans has been thrown out, but the bad news is there could be an appeal against the verdict
Archive
The weekly round up of news and updates from the mining sector.
Sound Energy's Morrocco well is positioned just above its target, DekelOil is increasing its stake in an Ivory Coast palm oil operation and Ormonde mining plans to extend its Spanish mine.
"There is significant potential to substantially extend the mine life at Barruecopardo underground"
Archive
Quartix ahead of expectations, Sound Energy knocks €0.5mln off the cost of its project in Italy and good news for 88 Energy.
Ormonde will prioritise works on lands where it has full access and will temporarily defer works elsewhere
Ormonde Mining now has a clear path to construction and production at the Barruecopardo tungsten project in Spain
Oaktree Finance is putting up the money to build the mine.
Others with news out included Bushveld Minerals, Paragon Diamonds, Shanta Gold and ZincOx Resources.