Mon, 15th Aug 2011 08:44
Orogen Gold has started the second phase of drilling at the Mutsk gold project in Armenia. The company said the drilling will target a maiden resource by the end of 2014. A drill rig has been mobilised to test the mineralised corridor further before the onset of winter. Orogen expects that the
Read moreGold explorer Orogen has tapped the market for 650,000 pounds to help speed up its exploration programme at the Mutsk gold project in southern Armenia. It placed 216.6m shares with existing and new investors at a price of 0.3p a share. The placing represents 9.04% of the company's enlarged share c
Read moreOrogen Gold shares jumped after a positive surprise from drilling results at the Mutsk gold project in Armenia. The company signed a deal with Armenian company Georaid in January that gave it the right to undertake a confirmatory exploration programme at the Mutsk project. Orogen Gold revealed tod
Read moreOrogen Gold narrowed its pre-tax loss for 2012 as the mining company cut costs and edged ahead in production. The group reported an annual pre-tax loss of £0.65m, down from £1.21m the previous year. Gross profit came to £0.07m compared to nil the prior year. Operating loss after expenses fell to
Read moreOrogen Gold, the AIM-listed mineral exploration company focused on the historic gold mining district of Deli Jovan in Serbia, has outlined the next phase of its trenching and drilling programmes for 2013. At its new discovery in Gindusa West, the company's planned work includes follow-up detailed t
Read moreOrogen Gold has signed an agreement with Georaid for the Mutsk gold project in southern Armenia, the mineral exploration company announced Tuesday. The company signed a memorandum of understanding with the Armenian registered company for the exclusive right to undertake an exploration programme ove
Read moreShares at AIM-listed mining company Orogen Gold rose almost five per cent to 0.65p on Wednesday morning following an announcement that the company had discovered new gold in Serbia. The company, which focuses on gold exploration and development in Eastern Europe, published details of gold assay dat
Read moreOrogen Gold, an exploration company focused on gold exploration and development in Eastern Europe, has placed 240m shares with members of the board at 0.5p each to raise funding for the Deli Jovan gold project into 2013. The placing raised net proceeds of about £1.135m and covers earn-in to 75 per
Read moreOregon Gold, an exploration company focused on gold exploration and development in Eastern Europe, has reported 'solid progress' at the Deli Jovan gold project in Eastern Serbia, where a 7,500 metres diamond drilling programme began in May. So far 15 holes have been drilled at the Gindusa mine targe
Read moreTracey Taylor, Group Finance Director of Hargreaves Lansdown, has ditched 8,700 shares in the firm just two weeks after the company unveiled record results for the first quarter of 2012. Taylor, a member of the Hargreaves board since 2008, sold the shares for 520p each, alongside a familiy member
Read more