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Oil and gas group President Energy has declared itself pleased with operational progress in Paraguay, but things have been moving more slowly than hoped in Argentina, though the company ascribed this to prudence rather than technical issues, where the results of the pressure tests at the Argentinian
Read moreTerrace Hill Group, a leading UK property development and investment group, has announced the conditional acquisition of a foodstore and residential development site in Midsomer Norton, Somerset, and reported good progress with three other foodstore developments around the country. The acquisition w
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 moreHighland Gold Mining has completed its acquistion of Klen, which holds the mining and exploration rights to the Klen gold deposit and the adjacent Verkhne-Krichalskaya property located in the Chukotka autonomous region in north-eastern Russia. The company is planning to mine the deposit by open pit
Read moreExploration company Goldstone has confirmed the wide depth extension of its gold resource at Homase/Akrokerri in West and Central Africa after 46 holes were drilled, totalling 13,200 metres. Included in these, one hole intersected gold mineralisation of 15.7m at 1.4 g/t including 4.5m at 3.3 g/t, wh
Read moreAIM-quoted South African exploration company GoldStone Resources has today published the first results of analyses undertaken at two of its key exploration sites; these are the Sangola Permit, in Senegal, and the Manso Amenfi Permit, in Ghana. In the case of Sangola, and amongst other features, su
Read moreAustralian coal miner Caledon Resources posted heavy losses in the six months to June 30 due to the strengthening of the Australian dollar, despite a recovery in coal prices. It posted a loss of A$7.1m, marginally less than the $7.7m deficit of the same period the previous year, as revenues slipped
Read moreLONDON (Dow Jones)--Goldstone Resources Ltd (GRL.LN), a company focused on gold in West Africa, said Monday it has successfully completed an airborne electromagnetic survey (VTEM system) over the southern part of the Homase concession exploration project in Ghana. MAIN FACTS: -GoldStone has
Read moreGoldStone, the miner focused on gold in Ghana, Senegal and Gabon, has set up a strategic alliance with mid-tier Australian gold producer Bendigo Mining and is raising £2.1m from a share placing. The deal involves Bendigo buying 32.7m GoldStone shares at 6.5p each, giving it a 20% stake. "We are ex
Read moreFilm distributor Entertainment One reports record takings for the UK and Canadian opening of The Twilight Saga: New Moon, the sequel to the 2008 box office hit Twilight. New Moon, a film about vampires, has already generated an estimated weekend box office of more than £11m in the UK and $11m in C
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