Wishbone Gold reports increased cross-border trading of physical gold
Richard Poulden said profit margins had improved further in the second half due to a rising proportion of Asian trading
Company
LON:WSBN
Wishbone Gold PLC has three major exploration properties in Australia and three minor prospects. Two of these are located in the Pilbara region of Western Australia and the third is in the Mingela-Charters Towers region in Queensland. The company’s flagship project is Red Setter located approximately 13km south west of Newcrest’s Telfer operations. Red Setter is a Havieron/Telfer style gold prospect. Cottlesloe, 35km south east of Red Setter, has deposits visible at surface of silver and lead: metals which are essential for battery and electric car production. In Queensland the Wishbone II project has almost doubled with the addition of Wishbone VI. Simon Beams of Terra Search believes this area could host a Ravenswood style deposit similar to the Ravenswood mine to the south east.
143 stories · page 3 of 8
Richard Poulden said profit margins had improved further in the second half due to a rising proportion of Asian trading
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
A look at the day's major movers, including Rose Petroleum, Craneware, CVS, Adept4, Merlin, Mirriad and Costain
A third-party valuation of the Wishbone II and White Mountains exploration permits in Queensland gave a valuation range of AU$575,000 to AU$1.86mln
Investments and investor services
The mid-cap FTSE 250 added over 147 points to close at 19,462 on Friday
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
It said while the issue of its accounts will be within the AIM timetable before the end of June, this exceeds the NEX Exchange Growth Market timetable
A sale of the company’s stake in the Honduras asset is being considered, as is the possibility of the company taking full control of the joint venture
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
The gold trading outfit is looking to improve margins by expanding shipments or operations out of Africa
Investments and investor services
The UK blue-chip benchmark finished around 41 points lower at 6,692
Archive
The clothing retailer is the first of a deluge of updates from the sector expected over the next few weeks, with many forecasting a sharp downturn for the traditionally busy trading period
Archive
There will be some key data from the US and UK at the start of the new year, and Christmas retail trading news will be a dominant focus notably from Next PLC
Archive
There will be some key data from the US and UK at the start of the new year, and Christmas retail trading news will be a dominant focus notably from Next PLC
Investments and investor services
A look at the day's major movers, including Savannah Petroleum, Interserve, Water Intelligence and CSF
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
The AIM-listed gold trading and exploration company said its company broker, Turner Pope Investments placed 300,000,000 new ordinary shares at a price of 0.1p each
Investments and investor services
At the close, the UK blue-chip index was 9.24 points higher at 6,721.17 just below the late session peak of 6,733.00 and well above the early low of 6,653.65
With licensing completed, Wishbone Gold said it will accelerate production over the coming months and expects to be shipping to Dubai in the first quarter of next year
Archive
A glance at some of the day's highlights from the Proactive Investors newswire