Investments and investor services
Risers & fallers: Hardide, Mobile Streams, Auhua Clean Energy, Verona Pharma
Auhua Energy rebounded while Urals Energy jumped ahead of its final results on Friday.
Company
Xtract Resources PLC
LON:XTR
Xtract Resources (AIM: XTR) is a resource, development and mining company whose focus is and will be to acquire brown field resource projects with a view to release value for its shareholders. The projects targeted will be in regions where mining and infrastructure is prevalent and the mining regulations transparent.
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Proactive weekly mining news summary - Ariana Resources, KEFI Minerals, Xtract Resources, SolGold
Savannah Resources (LON:SAV) continues to see good gold grades at its Block 4 project area in Oman and has identified a new prospect - Salahi 1. It was just one of a number of companies receiving good news this week.
Investments and investor services
Proactive news summary - Ariana Resources, Alba Minerals, Falcon Oil & Gas, Premier African Minerals
Miners and oil stocks took to the stage today on a busy day for small caps.
Xtract Resources expects to turn profit at Chepica soon
Xtract Resources is excited about the year ahead and reckons it's around three months away from its Chepica mine in Chile generating a profit.
Xtract Resources to go undergound after third surface find at Chepica
Jan Nelson, chief executive, said: "We have been very successful with our recent systematic exploration approach to defining gold bearing zones on surface. We are looking forward to drilling these gold bearing zones to depth and believe tha
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FTSE 100 climbs 50 points early
Xtract Resources finds another clump of gold on surface at Chepica
The discovery at Salvadori prospect and could contain approximately 1,000oz to a depth of 25m and be worth about US$1mln at current prices.