ALO.L Share News (ALO)

UK WINNERS & LOSERS: Ariana Resources Stands Out From Weak Gold Miners

MARKET COMMENT: UK Shares Close Mixed After Flat Day; Foxtons Shines

Alecto Shares Jump On Centamin Joint Venture In Ethiopia

Alecto Minerals Loss Narrows As It Moves Towards Production In Africa

African Mining To Take Fewer Alecto Shares In Unit Sale To Dodge Takeover Rules

Alecto Minerals Appoints Heytesbury As Company Secretary

Alecto Minerals signs deal to buy AME West Africa

Alecto Minerals has signed an agreement with African Mining & Exploration to acquire its subsidiary AME West Africa. Alecto has secured £600,000 of funding through a £250,000 placing and issue of convertible loan from AME and an Alecto cornerstone investor, Tamimi Investments and Mining Co. AME We

Alecto Minerals narrows losses, upbeat about Centamin alliance

Shares in Alecto Minerals surged on Monday after the AIM-listed multi-commodity explorer narrowed its full-year loss and hailed a 'transformational' deal with FTSE 250 gold miner Centamin. The company announced last week that it has entered into a new agreement with Centamin to look for opportuniti

Alecto Minerals forms strategic alliance with Centamin - UPDATE

Alecto Minerals has formed a strategic alliance with Centamin to pursue gold projects in Ethiopia. The two have entered into a non-binding heads of terms agreement for a proposed joint venture for opportunities within the Federal Democratic Republic of Ethiopia. Alecto owns gold projects Wayu Bo

Alecto Minerals delivers positive results from Wayu Boda

Alecto Minerals, an AIM-listed multi-commodity exploration and development company with projects in Ethiopia and Mauritania, has cheered its investors with news of its exploration campaign at the 945.5 sq km Wayu Boda Gold Project in central-southern Adola greenstone belt in southern Ethiopia. The

Alecto zeroes in on Ethiopian targets

Alecto Minerals said it had identified multiple targets at its Aysid Metekel gold project in Ethiopia. The firm said work on the 1,953 sq km project had culminated in the delineation of five high priority target areas for follow up work in the upcoming 2013 field season. Alecto plans to conduct fo

Resources round up: Arian, Baobab, Trans-Siberian Gold ...

Arian Silver, the Mexico focused silver company, said a dispute with the owner of a toll mill has prompted it to suspending trial milling operations at its San Jose mine in Zacatecas state. Arian says talks are underway to resolve the row but the stock was down 15% at 11:31. Baobab Resources, the m

Alecto haggles on Rift Valley purchase, shares jump

The Africa focused minerals explorer, Alecto, has negotiated a 10 percent reduction in the price it is paying for Rift Valley Resources. The price reduction took place after Alecto discovered Rift Valley needs an additional exploration licence at the Wayu Boda project in southern Ethiopia. Alecto

Alecto acquires Ethiopian gold and emerald licence

Alecto Minerals, the AIM listed resource investment company focused on Africa, has acquired Tanzanian mining company Rift Valley Resources, for an initial consideration of £409,200. The acquisition gives Alecto control of a three year exploration licence covering the 945.5 square kilometres (sq km

Alecto soars after Ghanaian expansion

Shares in mining investment firm Alecto Energy jumped a fifth higher after it signed an agreement to acquire 80% of Rancho Ghana, which holds a 191.1 sq km gold exploration licence in the Ashanti Gold Belt, Ghana. "The acquisition of this gold and base metal licence in Ghana is a significant step f