Goldstone Resources Share News (GRL)

Goldstone Resources Slides As It Gets Disappointing Results From Sangola

LONDON (Alliance News) - Goldstone Resources Ltd saw its shares slide Tuesday after it said test results from drilling on the Baraboye and Ibel prospects at its Sangola joint venture project in Senegal had not returned gold intercepts that justify an immediate follow-up programme.# In a sta

AIM IN BRIEF: Mattioli Woods Half-Year Revenue Up 20%; Eyes Acquisitions

Goldstone Resources needs more funds for Gabon

West and Central Africa-focused gold miner Goldstone Resources said it will need more funding for its Gabon projects despite reducing half year losses, hitting its shares. Goldstone reported encouraging drilling results at its Oyem and Ngoutou licences in Gabon, which it said both have potential fo

AIM IN BRIEF: Rangers FC Appoints Graham Wallace As CEO

UK WINNERS & LOSERS: Halfords Goes The Extra Mile, Inmarsat Slips

Goldstone Resources Shares Fall 13% On Negative Assay Results From Randgold

Goldstone Resources places 33.33m shares

GoldStone, an AIM-listed exploration company focused on gold in West Africa, has carried out a share placing to raise funds that will allow it to further investigate the Manso Amenfi project. The placing has raised £0.5m before expenses after placing 33.33m shares at 1.5p each. GoldStone has a j

Goldstone Resource Raises GBP500,000 In Share Placing

GoldStone Resources looks to save cash after losses widen

AIM-listed GoldStone Resources will concentrate on conserving its cash in coming months after full year losses widened. The group tapped the market for £359,477 in July and members of the management team have since March agreed to defer 50% of their pay to save money. Given the financial constrain

Friday broker round-up UPDATE

Antofagasta: Morgan Stanley cuts target price from 830p to 810p and maintains an underweight rating. ARM Holdings: Deutsche Bank raises target price from 470p to 1080p upgrading to buy. Aviva: Barcalys increases target price from 294.50p to 320p, while its underweight rating remains unaltered. Bw

GoldStone Resources and Randgold Resources join forces

GoldStone Resources has joined forces with Randgold Resources for the exploration of the Sangola gold project in Senegal. As part of the joint venture agreement, Randgold will hold 51% of the project and GoldStone will own 49%. Randgold will fund all costs up to and including the completion of a

Goldstone Resources strikes gold in first round of drilling in Gabon

GoldStone Resources, the AIM-listed company focused on gold exploration in West and Central Africa, has published the first drill results for its Oyem Project in Gabon. The company revealed that gold had been identified in first round of drilling and initial interpretation suggested that the first

Resource round-up: Weatherly Int, Mercom, Goldstone Resources, Continental Coal

Aim-listed copper mining producer Weatherly International said it is to reopen the Old Matchless mine in Namibia, allowing the company to double production in the area. Production at the mine, which closed in 1983 and sits around 2km east of current mining operations, is expected to start within 13

Thursday broker round-up UPDATE

Alternative Networks: Westhouse Securities downgrades from buy to add, target price of 280p kept. Babcock International: UBS downgrades from buy to neutral. Barr (AG): N+1 Singer raises target price from 402p to 525p and upgrades to buy. Belvoir Lettings: Seymour Pierce raises target price from 9