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LONDON (Alliance News) - Rambler Metals and Mining PLC, which has a strategic investment in Marathon Gold Corp, Monday said the latest results from drilling at Marathon's Valentine Lake project showed continued success. In a statement, Marathon said it had intersected new wide intervals of
Read moreLONDON (Alliance News) - Rambler Metals & Mining PLC Thursday said its second quarter pretax profit fell despite a revenue increase as costs, poor weather and lower copper prices hit the company. The Newfoundland copper and gold producer, explorer and developer said its pretax profit fell 2
Read moreLONDON (Alliance News) - Rambler Metals and Mining PLC said Monday it had fully repaid its CAD10.0 million credit facility with Sprott Resource Lending Partnership, having completed its final payment of CAD1.0 million on February 28. Rambler said it had cash resources at February 28 of CAD5
Read moreLONDON (Alliance News) - Rambler Metals & Mining PLC Wednesday said its production and head grades increased in line with guidance in its fiscal second quarter, despite extreme cold weather. The copper and gold producer, with operations in Newfoundland and Canada, said production increased
Read moreLONDON (Alliance News) - Rambler Metals & Mining PLC Thursday said it has commenced diamond drilling at the Little Deer Copper Project in Newfoundland in Canada, with its 50-50 joint venture partner Thundermin Resources Inc. The Newfoundland copper and gold producer, explorer and developer
Read moreLONDON (Alliance News) - Copper and gold producer Rambler Metals and Mining PLC Monday said it had reduced its debt facility with Sprott Resource Lending Partnership to CAD1.0 million from USD2.8 million in December. Since December 3 2013, the company has made two additional payments of CAD
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Newfoundland focused copper and gold producer Rambler Metals provided an update on NI43-101 reserve and resource estimates for its Ming copper and gold mine, which is situated on the Baie Verte peninsula of that Canadian province. The result was the extension of the estimated life of the mine by
Read moreLONDON (Alliance News) - Rambler Metals and Mining PLC Monday said it has updated its NI43-101 reserve and resource estimate at the Ming Copper-Gold Mine. The Newfoundland-based copper and gold producer, explorer and developer said the updated mineral reserve is estimated to contain 56.7 mi
Read moreAfrican Barrick Gold: JP Morgan lowers target price from 180p to 170p leaving its neutral rating unaltered. Aggreko: Numis reduces target price from 1400p to 1234p downgrading from reduce to sell. Anglo American: Deutsche Bank reduces target price from 1780p to 1500p and downgrades to hold. JP Mor
Read moreAfrican Barrick Gold: Citi takes target price from 93p to 119p, but still recommends selling. African Minerals: Citi increases target price from 320p to 330p and maintains a buy recommendation. Antofagasta: Citi shifts target price from 780p to 790p, while its sell recommendation remains unchanged
Read moreAnglo American: Deutsche Bank reduces target price from 2700p to 2600p, buy recommendation unchanged. Chemring: Credit Suisse reduces target price from 330p to 210p, neutral rating kept. CRH: UBS raises target price from 1110p to 1140p, neutral rating unchanged. Daily Mail and General Trust: Deut
Read moreAfrican Barrick Gold: HSBC cuts target from 710p to 670p, overweight rating kept. African Eagle Resources: Seymour Pierce keeps buy rating. Anglo American: Nomura cuts target from 2,100p to 2,000p, neutral rating kept; UBS ups target from 2,230p to 2,250p, buy rating kept. Burberry: Goldman Sachs
Read moreCanada-focused Rambler Metals saw losses widen in the last year as it worked to bring its Ming Mine into commercial production. The company posted revenues of $1.2m in the year to the end of July, down from $3.5m in 2011. This led to a net loss of $3.37m - or 0.026c loss per share - compared to a
Read moreRambler Metals, the copper and gold producer based in Canada, said it was making steady progress at its Newfoundland and Labrador sites. In a project update the firm said it had seen increases in head grade, copper recovery and throughput month over month. Actual mined grades were in line with est
Read moreRambler Metals and Mining said gold production in the second quarter of them miner's financial year was 4,022 ounces at its wholly-owned Ming gold and copper mine in Newfoundland. The average daily gold throughput for January was 600 metric tons per day (mtpd) with the highest one day throughput bei
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