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Inflation data was in line with forecasts while the Spanish debt auction went as well as could be expected, prompting London equities to claw back some of the losses seen in early trading The Consumer Prices Index (CPI) measure of inflation dropped to 2.5% in August, down from 2.6% in July, helped
Read moreGold exploration company Condor is celebrating a mineral resource of 2.41m ounces of gold equivalent at its wholly-owned La India Project in Nicaragua, with gold up 46 per cent to 2.375m oz, well ahead of the year-end target of 2.0m gold. This includes 5.3m tonnes at 4.4g per tonne (g/t) for 751,0
Read moreCondor Gold, an exploration firm drilling a site in Nicaragua, has surged after revealing impressive results from a major drilling programme. The company completed fifty-nine drill holes at its 100% owned La India Project between mid-April and the end of July on the "India-California vein trend". T
Read moreMetminco said it had made significant progress during the three months to June at Los Calatos in Peru, and Mollacas in Chile. It said conceptual mining studies at the sites had taken the firm closer to mine development and, ultimately, copper production. Shares rose 4% at Sable Mining after the com
Read moreEdenville Energy, the African coal exploration and development company, reported promising tests at its Namwele mine in Tanzania. The firm said initial drilling and sampling confirmed the presence of coal bearing strata extending out along strike from previous workings and occurring at depth. The fi
Read moreECR Minerals has announced that it has so far completed eight drill holes out of nine at the Sierra de las Minas gold project area in Argentina. Samples from six of these have been sent for testing, with results expected in two to three weeks. The current programme is planned to consist of 12 holes
Read moreWasbi Energy's wholly owned subsidiary Imparator Enerji has made significant progress in Turkey, following sustained growth in the country's economy and the corresponding increase in energy demand. The situation has enabled Wasabi to implement its Kalina Cycle power generation technology as it explo
Read moreGold explorer Condor Resources, which last week announced an independent study had deemed its La India project in Nicaragua is economically viable, has raised funds through a share placing. The company raised £2.5m through a placing of 50m new ordinary shares at a price of 5p each. That's a discoun
Read moreWaste energy group Kedco has generated £0.403m after placing 31m new ordinary shares at 1.3p each. The proceeds of the placing will be used for working capital purposes and for continuing investment in the company's portfolio of biomass electricity and heat generation projects. Shares fell 18.75% to
Read moreGold miner Condor Resources has reported a high grade drilling result at its La India Project in Nicaragua. The firm sourced its best drill intercept of 2.67g per tonne gold at 23.09m in the hanging wall zone of the project's main vein. A high grade intercept of 4.76g per tonne gold at 4.86m was
Read moreCondor Resources doubled its losses for the six months to the end of June on a like-for-like basis, but remains positive about its outlook. After failing to earn any revenue and doubling administrative expenses, the firm made a loss of £208,271 for the half year compared to £420,576 for the same p
Read moreCondor Resources told investors this morning that it had struck gold at its La India project in Nicaragua. Shares rose 5% after it said samples from the new area called the Central Breccia returned average grades of 2.74 grams per tonne including two metres at 6.77 grams per tonne. The firm said
Read moreCondor, an AIM-listed mining company, has re-opened a long closed shaft in the historic La India Gold Mine in Nicaragua. What's called the "Zopilote Adit" was driven perpendicular from the La India Vein for at least 400m at some time prior to the mine's closure in 1956. An adit is an entrance to a
Read moreWhile the Footsie came off its daily highs, it still managed to post a gain of close to 1% as strong results from ASOS boosted the retail sector higher. Meanwhile, stocks were recovering from the 89 point sell-off yesterday, its worst one-day fall since mid-March. Strong growth overseas helped the
Read moreGold miner Condor Resources was on the descent on Wednesday after releasing a mineral resource estimate for its La India and Espinito concessions in Nicaragua. A JORC (internationally recognised standard) compliant indicated and Inferred Mineral Resource of 4.82 Mt at 6.4 g/t for 988,000 oz gold wa
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