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Pin to quick picksAriana Share News (AAU)

Share Price Information for Ariana (AAU)

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Share Price: 2.70
Bid: 2.60
Ask: 2.80
Change: 0.10 (3.85%)
Spread: 0.20 (7.692%)
Open: 2.55
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Low: 2.60
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IN BRIEF: Ariana Resources production at Turkish mine beats forecasts

Wed, 17th Jan 2024 17:24

Ariana Resources PLC - mineral exploration and development company with gold mining interests in Turkey, Cyprus and Kosovo - Announces full-year production results for year ended December 31 for the Kiziltepe mine in Turkey. Kiziltepe is 24% owned by Ariana through its shareholding in Zenit Madencilik San ve Tic AS. Says Kiziltepe produced (and sold) a total of 17,683 ounces of gold during the year, including gold in carbon, exceeding full-year production guidance of 18,000 oz gold for 2023. Reports gross full-year revenue of USD39.2 million at an average realised gold price of USD1,945 per ounce, with an average revenue per gold ounce of USD2,218.

Current stock price: 2.10 pence, down 6.7% in London on Wednesday

12-month change: down 33%

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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24 Jul 2023 10:26

Ariana Resources starts drilling at Kizilcukur project in Turkey

(Alliance News) - Ariana Resources PLC on Monday said it has begun resource infill and extension drilling at the Kizilcukur gold project in Turkey.

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24 Jul 2023 09:47

AIM WINNERS & LOSERS: Itsarm surges on hope of avoiding liquidation

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20 Jul 2023 12:25

Ariana Resources investee seeks GBP3 million initial public offering

(Alliance News) - Ariana Resources PLC on Thursday said Venus Minerals Ltd is looking to raise up to GBP3 million via an initial public offering on AIM in London.

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19 Jul 2023 10:30

Ariana announces restart of construction at Tavsan

(Sharecast News) - Ariana Resources updated the market on construction progress at the Tavsan Mine on Wednesday, announcing that construction activities had been given the green light to resume following a ruling by the Kütahya Administrative Court in favour of the operator, Zenit.

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19 Jul 2023 09:31

Ariana Resources says Tavsan construction restarts after court ruling

(Alliance News) - Ariana Resources PLC on Wednesday said it construction recommenced at the Tavsan gold mine site in western Turkey, after a local court ruled in favour of project operator Zenit Madencilik San ve Tic AS.

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17 Jul 2023 11:25

Ariana Resources notes Slivova gold mineral estimate upgraded by 78%

(Alliance News) - Ariana Resources PLC on Monday said the total mineral resource of the Slivova gold project in Kosovo has increased by 78% from the previous mineral resource estimate.

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22 Jun 2023 15:44

UK shareholder meetings calendar - next 7 days

Friday 23 June 
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Mears Group PLCAGM
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Oxford Biomedica PLCAGM
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Petrofac LtdAGM
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Premier African Minerals LtdAGM
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Comptoir Group PLCAGM
Creo Medical Group PLCAGM
First Tin PLCAGM
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Golden Prospect Precious Metals LtdAGM
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ICG Enterprise Trust PLCAGM
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Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
21 Jun 2023 12:27

Ariana Resources drilling programme identifies gold, silver and zinc

(Alliance News) - Ariana Resources PLC on Wednesday said initial results from drilling at its Salinbas project in Turkey have returned anomalous gold, silver and zinc.

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19 Jun 2023 12:02

Ariana Resources hails gold find at Turkey-based Salinbas programme

(Alliance News) - Ariana Resources PLC on Monday reported gold, silver, copper and molybdenum findings at the Salinbas gold project in north-eastern Turkey.

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6 Jun 2023 14:26

IN BRIEF: Ariana Resources profit falls in tough economic background

Ariana Resources PLC - London-based exploration firm with interests in Turkey - Posts pretax profit of GBP5.0 million for 2022, down from GBP7.7 million the previous year. The company says that last year it benefitted from GBP6.4 million in profit from the disposal of its Turkish interests. The company reports no revenue for the year, unchanged from the year before. Ariana says that net share of the profit and losses of its associated investments increased by GBP1.5 million from the prior year. The company is unable to recommend the payment of a dividend for 2022.

Read more
10 May 2023 12:12

Ariana Resources says subsidiary Western Tethyan executes earn-in deal

(Alliance News) - Ariana Resources PLC on Wednesday said that its partially-owned subsidiary, Western Tethyan Resources Ltd, has executed an earn-in agreement for the Slivova Gold Project in Kosovo.

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