AIM-listed resources investor Armadale Capital said that there was strong potential financial returns from a scoping study at the Mpokoto gold project, which has shown it to be a robust and low-cost development. The project, in which Armadale has the right to an 80% interest, is located in the Kat
Read moreLONDON (Alliance News) - Armadale Capital PLC Monday said strong financial returns have been demonstrated from its scoping study at the Mpokoto Gold Project in the Democratic Republic of Congo, giving the site a net present value of USD33.0 million. The AIM-quoted investment company, focuse
Read moreLONDON (Alliance News) - Armadale Capital PLC Wednesday said total inferred and indicated resources for its Mpokoto Gold Project in the Democratic Republic of the Congo are lower after detailed re-logging and re-interpretation of the weathered rock profile at the site gave an updated JORC complia
Read moreLONDON (Alliance News) - Armadale Capital PLC Wednesday announced a share placing of 375 million shares in the company at a price of 0.14 pence per share to raise GBP525,000. The AIM-quoted investment company, focused on natural resource projects in Africa, said the proceeds of the placing
Read moreAIM-listed Armadale Capital, which is focused on natural resource projects in Africa, has placed 375m shares to raise funds for the continued development of the Mpokoto Gold Project in the Katanga Province of the Democratic Republic of the Congo. At 0.14p a share, the placing raised £485,000 after
Read moreLONDON (Alliance News) - London's capital markets continued a resurgence Monday as two more companies announced that they intend to list, another started trading, and AIM-listed Fyffes PLC said it would be acquired by Chiquita Brands International Inc of the US in a deal that
Read moreLONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday. ------- FTSE 100 - WINNERS Rolls-Royce Holdings, up 2.9%. The group is the biggest riser on the blue-chip index after it said after the UK equity market
Read moreLONDON (Alliance News) - Armadale Capital PLC Monday announced that it has acquired an interest in ASX-listed Redcliffe Resources Ltd by investing AUD60,000 in the company. The AIM-quoted investment company, focused on natural resource projects in Africa, said Redcliffe is focused on the ex
Read moreLONDON (Alliance News) - Armadale Capital PLC Friday said its 40% owned Mine Restoration Investment Ltd has agreed commercial terms for the sale of coal fines and completed ZAR4.5 million in financing. The company said MRI agreed commercial terms with Keaton Energy for the sale of coal fine
Read moreLONDON (Alliance News) - Armadale Capital PLC Monday said Mine Restoration Investments Ltd's coal briquetting plant at the Vaalkrantz Mine in South Africa can now commence full commercial production. The AIM-quoted investment company, focused on natural resource projects in Africa, said the
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