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Egdon Resources has been granted permission for an an exploratory borehole near the UK village of Westerdale through its 40 per cent-owned licence in the area. The Westerdale-2 well is planned to evaluate the Ralph Cross/Westerdale gas discovery in an area near the Ralph Cross-1 well, which previous
Read moreMining titan Xstrata is to take full control of the Pallas Green zinc project in Ireland, buying out the 23.6% interest held by its joint venture partner, Minco, for $19.4m. Xstrata unit Xstrata Zinc Canada will become the sole owner of the project at Cahernconlish, Limerick County in the Republic
Read moreIrish miner Minco received a boost from an updated resource estimate for the Pallas Green Zinc-Lead Project in County Limerick, Ireland, in which it holds a 23.6% participating interest. The new 6% zinc equivalent cut off resource is 56% greater in tonnage than the previously published JORC (Joint
Read moreShares in Sagentia moved higher after the technology and product development consultant said profits for the full year will be ahead of previous expectations following a better than expected summer. 'Consultant utilisation has remained high over the summer contrary to the anticipated seasonal slo
Read morePharmaceutical company IS Pharma has raised £3.6m through a placing at 77p per placing share with Abingworth LLP. Abingworth is now IS Pharma's largest shareholder with a 13% stake. Tim Wright, chief executive of IS Pharma, said: "Abingworth has an excellent reputation as a strategic healthcare inv
Read moreIrish miner Minco has raised £1.04m through the issue of just over 35m shares at 3.25p each. It will use the money to fund exploration and drilling at the Pallas Green zinc-lead project on the border between the Irish countries Limerick and Tipperary. The project is held in a joint venture with glo
Read moreAvocet Mining swung made a profit of $11.1m in the first six months of 2010 compared with a $4.5m loss in the half-year to 30 September, and ramped up gold production by around three quarters to 97,747 ounces. The firm which has changed its year-end, said its Inata mine in Burkina Faso produced 19,
Read moreLONDON (Dow Jones)--Minco PLC (MIO.LN), an Irish exploration and development company, said Wednesday five holes have been recently completed on the newly discovered Knockroe deposit, and all five holes intersected significant high zinc grade mineralization. MAIN FACTS: -Co. continuing to exp
Read moreLONDON (Dow Jones)--Minco PLC (MIO.LN), an Irish exploration and development company, said Wednesday that a total of 26,983 meters of drilling has been completed in 58 holes on the Pallas Green joint venture project during the first five months of 2010. MAIN FACTS: -Of the 58 holes completed
Read moreOxford Metrics Group (OMG) rallied Wednesday after the image technology company flagged half-year revenue of £14.4m and predicted a pre-tax profit ahead of the market's current forecast for the full year. The firm says it is in "robust financial health", which pleases Daniel Stewart. The broker poi
Read moreIrish exploration and development company Minco has unveiled its 2010 exploration programme on the Pallas Green zinc-lead project in County Limerick, Irleand. The €7m programme, undertaken with its joint venture partner Xstrata Zinc, will entail about 70,000 metres of diamond drilling in about 150
Read moreShares in Minco surged after the mining firm reported 'excellent' drilling results at its Pallas Green zinc-lead exploration project in Limerick, Ireland. Minco said a hole at the project returned one of the highest zinc and lead assay values received to date. Animation group DQ Entertainment expe
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