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Share Price: 2.825

Bid: 2.75

Ask: 2.90

Change: 0.135 (4.78%)

Spread: 0.15 (5.455%)

Open: 2.825

High: 2.96

Low: 2.96

Prev. Close: 2.825

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IN BRIEF: Ariana Resources Renews Irvindi Project Operating Licence

Mon, 15th Jun 2020 13:23

(Alliance News) - Ariana Resources PLC - AIM-listed exploration and development company - Renews operating licence on Ivrindi gold project in Turkey. Irvindi is located outside Ariana's Red Rabbit joint venture in western Turkey and the operating licence on it has been extended for 10 years, expiring June 20130 with a possible extension past that. A 45-hectare mining permit for Irvindi has been secured on the same terms. Land access and initial forestry permits are in place for the development, while new permit applications are currently in process.

Current stock price: 4.02 pence

Year-to-date change: up 63%

By Anna Farley; annafarley@alliancenews.com

More News

28 Mar 2024 10:28

TRADING UPDATES: Develop North net asset value down amid rising rates

(Alliance News) - The following is a round-up of updates by London-listed companies, issued this week and not separately reported by Alliance News:

12 Mar 2024 17:41

EARNINGS AND TRADING: Ariana strikes gold; Union Jack adds royalties

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

12 Mar 2024 12:37

Ariana reports latest drilling results from Tavsan

(Sharecast News) - Mineral explorer and developer Ariana Resources unveiled the latest developments at its Tavsan Project on Tuesday, which it operates in partnership with Zenit, Proccea Construction and Ozaltin Holding, with Ariana holding a 23.5% stake.

22 Feb 2024 16:10

Ariana posts positive drilling results from Kizilcukur

(Sharecast News) - Minerals explorer and developer Ariana Resources reported positive outcomes from its fourth quarter drilling initiative at the Kizilcukur Project in the Kiziltepe Sector on Thursday.

22 Feb 2024 12:05

EARNINGS AND TRADING: Galliford wins deals; Sylvania profit down

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and Wednesday and not separately reported by Alliance News:

15 Feb 2024 14:22

IN BRIEF: Ariana Resources completes Dokwe due diligence drilling

Ariana Resources PLC - mineral explorer and developer with gold mining interests in Turkey, Cyprus and Kosovo - Anounces completion of 1,222 metres diamond drilling for due diligence purposes at Dokwe Gold Project in Zimbabwe. Says two holes have been drilled at Dokwe North and two at Dokwe Central. Consultant has commenced assessment of metallurgy and potential process routes. Company says mineralisation's geochemical characteristics are being defined through an "extensive" pXRF programme on old and new drill cores. Dokwe is owned by Rockover Holdings Ltd, of which Ariana owns approximately 2.1%. Ariana says the companies are in "exclusive discussions" regarding potential "further collaboration".

15 Feb 2024 13:38

Ariana Resources reports progress at Zimbabwe's Dokwe project

(Sharecast News) - Mineral explorer and developer Ariana Resources updated the market on the ongoing due diligence programme concerning the Dokwe Gold Project in Zimbabwe on Thursday, owned by Rockover Holdings.

31 Jan 2024 18:28

EARNINGS AND TRADING: STV raises holding in Two Cities Television

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

17 Jan 2024 17:24

IN BRIEF: Ariana Resources production at Turkish mine beats forecasts

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.

17 Jan 2024 14:52

Ariana Resources reports solid year of production at Kiziltepe

(Sharecast News) - Mineral explorer and developer Ariana Resources released its full-year production results for the Kiziltepe Mine in Turkey on Wednesday in which it holds a 23.5% stake through its shareholding in Zenit.

21 Dec 2023 21:18

TRADING UPDATES: Guild Esports hails Counter-Strike-focused deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

21 Dec 2023 15:09

Ariana upbeat on drilling results from Tavsan

(Sharecast News) - Mineral explorer and developer Ariana Resources updated the market on the Tavsan Project on Thursday, which is operated in partnership with Zenit, Proccea Construction and Ozaltin, with Ariana owning a 23.5% stake.

6 Dec 2023 14:24

IN BRIEF: Ariana Resources completes Hizarliyayla drilling programme

Ariana Resources PLC - mineral exploration and development company with gold mining interests in Turkey, Cyprus and Kosovo - Reports further results from the Hizarliyayla area of the Salinbas project, of which it owns 24%. Says that a drilling programme at Hizarliyayla was completed for 6,005.8 metres, comprising 10 diamond drillholes since December 2022. Notes that the best high-grade intercepts to date include 1.0 metres at 2.80 grams per tonne of gold, and 5.26 grams per tonne of silver from 72.5 metres at HZR006.

6 Dec 2023 12:01

Ariana Resources releases fresh Salinbas drilling results

(Sharecast News) - Minerals explorer and developer Ariana Resources released a new set of results from the Hizarliyayla area of the Salinbas Project on Wednesday.

30 Nov 2023 11:17

Ariana Resources shares rise on significant results at Salinbas

(Alliance News) - Ariana Resources PLC on Thursday touted drilling results from its Salinbas project in Turkey, which defined wide zones of gold mineralisation in several areas.

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IN BRIEF: Ariana Resources Renews Irvindi Project Operating Licence

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