Risers and fallers: Seeing Machines, Newmark Security, Ferrum Crescent...
Seeing Machines shares rocketed after the company announced its new FOVIO chip is being adapted for use in semi-autonomous vehicles
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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Xtract Resources pulls plug on Chepica mine
Xtract will not make any future option payments and will relinquish its option and mining rights at Chepica on 15 October
Xtract Resources names Bird executive chairman
He was previously non-executive director and the move is with immediate effect, the mining firm said. .
Archive
Proactive mining highlights: Armadale, Blackham, Evraz, Jubilee, Metal Tiger and Sirius
Weekly round up of the mining headlines from the world of Proactive.
Asiamet and Capital Drilling in focus as mining sector remains in spotlight
There was more positivity from the mining sector on Wednesday with drilling updates, financial results statements and analyst commentary.
Risers & Fallers: Imaginatik, Ovoca, Paragon Entertainment, Shanta, Symphony International, W Resources
It was a good day for gold plays Ovoca Gold and Shanta Gold
Xtract Resources awaits down payment for Manica asset sale
Talks are ongoing with the buyer of Manica as well as the Auroch Minerals, the company Xtract acquired the asset from last year.
London mid-caps climb above Brexit levels for the first time in a month
It took a month, but London’s midcaps have climbed above their Brexit levels for the first time as shares closed higher on Wednesday while top AIM stocks hit their highest levels of the year
FTSE 100 Index pares gains as pound rises on UK job news
The FTSE 100 Index lost hold of earlier gains of around 30 points to stand 10.16 points ahead at 6707.53
Investments and investor services
FTSE 100 Index rises despite mining woe
The FTSE 100 Index was 30.59 points to the good at 6727.96 while the FTSE 250 also rose
Risers and fallers, including Anglo American, IronRidge Resources and Firestone Diamonds
A loom at some early risers and fallers in London on Wednesday.
Xtract Resources brings in £1mln for Chepica upgrade; updates on Manica
A deal was agreed to sell Manica in May for US$17.5mln
Xtract Resources updates on Manica gold project sale
Due diligence is progressing well, Xtract says, and the buyers so far see no reason not to conclude the deal.
Xtract looks for new opportunities following Manica sale
Xtract agreed to sell Manica in May, less than a year after it acquired the asset in Mozambique.
WEEKLY GOLD: Gold continues to ease as traders become bearish
Gold didn’t have a good week as it saw its biggest decline in more than two months, while bearish traders continue to come out of the woodwork
Archive
Proactive mining highlights: Asiamet, Bacanora, Condor Gold, Gemfields, Sable, Sirius and more...
The weekly round up of news and updates from the mining sector.