Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksHGM.L Share News (HGM)

  • There is currently no data for HGM

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Resources round-up: Highland Gold, Rialto, Chaarat...

Thu, 12th Jul 2012 11:50

Highland 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 method and will employ conventional gravity and cyanidation processing technology. The expected production should range from 50,000 - 60,000 oz of gold per annum with 300,000 - 400,000 tonnes of ore being processed each year, having an average head grade of 5.14g per tonne.Rialto Energy has begun its drill stem-testing programme on the Gazelle-P3 ST2 well, Abidjan, Cรดte d'Ivoire, which will take around two weeks to complete. After completion of the drill stem testing Rialto intends to suspend the well to allow for future completion as a Gazelle Field production well. The suspension has been lifted on Chaarat's gold Tulkubash project in the Kyrgyz Republic and the firm now expects gold production to begin in the second half of 2013. The company has welcomed new legislation which provides clarity and long term stability without the need for the negotiation of an investment agreement. "Our progress to production can now continue without the need for further negotiation on stabilisation with the Kyrgyz Government," the firm said. Goldstone has reported new drilling results which confirm depth extensions of the Homase/Akrokerri gold resource, where 51 drill holes, totally 14,3476 metres have been completed. The firm has suspended drilling temporarily and is using the results to establish whether the veins have economic potential. Assay results for an additional 20 drill holes completed along the Homase/Akrokerri trend are pending.Landore Resources has said that the recently completed drilling campaign on the B4-7 deposit at the junior lake nickel project has significantly enhanced the volume of sulphide mineralisation along the 650 metres of strike length delineated to date. 81 diamond core holes and four re-entered holes have been completed. 26,521 tonnes of nickel equivalent at a 0.25% nickel cut-off were reported at the deposit. Looking forward the company is planning an in-house resource upgrade which it will then submit for an upgrade of the desposit, which it anticipates will occur in the fourth quarter of 2012. A drilling programme to extend the deposit to the west is planning for the same time, and pre-feasibility studies on both BW-7 and VW are planned for the following quarter. Amur Minerals has announced that the 2012 exploration field programme is now fully operational. Drilling is planned for 14 holes to test for the presence of nickel and copper. Four holes completed along one section have confirmed the presence of the nickel and copper sulphide host zone within three out of four. Drilling of the fourth hole was terminated short of the targeted host zone due to poor ground conditions. A newly purchased diamond core rig is said to be operating well and is expected to save $165 per metre. Hambledon Mining has said gold production for the quarter ended June 30th of 5,917 ounces was in line with management expectations, although this was held back slightly by the constraint in tailings disposal from the process plant during some remedial works. There were 'modest' amounts of ore extracted from the underground mine. Recovery levels are currently at 78-9%, short of the 81% aimed for by the company. Remedial works to modify the plant are on-going and are expected to be complete early on in the fourth quarter of this year. A total of 179,156 milled tonnes were produced during the period at a grade of 1.28g per tonne. Total recovered silver was 6,856 oz and the total recoved gold was 5,840 oz.NR
More News
9 Oct 2014 09:27

Thursday broker round-up UPDATE

African Barrick Gold: Numis reduces target price from 330p to 270p keeping its hold recommendation. Antofagasta: Numis upgrades to hold with a target price of 700p. Aureus Mining: Numis lowers target price from 45p to 40p staying with its buy recommendation. Boohoo: Barclays initiates with a targe

Read more
9 Oct 2014 08:44

UK BROKER RATINGS: Macquarie Raises LSE, 3I And St James's Place

Read more
1 Oct 2014 05:19

UK Dividends Calendar - Week Ahead

Read more
30 Sep 2014 15:18

UK Dividends Calendar - Week Ahead

Read more
30 Sep 2014 05:23

UK Dividends Calendar - Week Ahead

Read more
29 Sep 2014 14:58

UK Dividends Calendar - Week Ahead

Read more
26 Sep 2014 05:22

UK Dividends Calendar - Week Ahead

Read more
25 Sep 2014 15:14

UK Dividends Calendar - Week Ahead

Read more
25 Sep 2014 05:24

UK Dividends Calendar - Week Ahead

Read more
24 Sep 2014 15:17

UK Dividends Calendar - Week Ahead

Read more
23 Sep 2014 09:36

Tuesday broker round-up UPDATE

AVEVA: JP Morgan reduces target price from 2450p to 1825p, while leaving its overweight rating unchanged. African Minerals: Credit Suisse reduces target price from 120p to 25p, while leaving its neutral rating unchanged. Aviva: Goldman Sachs ups target price from 490p to 515p and reiterates a neutr

Read more
23 Sep 2014 07:51

Highland Gold Mining Profit Dips On Falling Metal Prices

Read more
23 Sep 2014 05:21

UK Earnings, Trading Statements Calendar - Week Ahead

Read more
22 Sep 2014 15:09

UK Earnings, Trading Statements Calendar - Week Ahead

Read more
22 Sep 2014 05:20

UK Earnings, Trading Statements Calendar - Week Ahead

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.