(ShareCast News) - Savannah Resources has as identified further high grade gold mineralisation at the Salahi 1 Prospect at the Block 4 copper-gold project in Oman. The company said the results follow completion of additional rock chipping and trenching as part of the geologically mapping of Block 4.
Read moreStock markets across Europe are set to plummet on Monday morning as the risk of a Greek default and possible exit from the Eurozone increased significantly over the weekend following the breakdown of talks between Athens and its lenders. City sources predict the FTSE 100 will open around 180 points
Read moreSavannah Resources said on Monday that it has raised approximately £0.55m in cash through the placing of 21.9m shares at 2.5p each with both new and existing investors. The net proceeds will be used to fund work on the recently-announced joint venture with Rio Tinto comprising the Mutamba/Jangamo he
Read moreIndustrial metals group Savannah Resources doubled in market value on Monday after the AIM company entered into a joint venture agreement with mining giant Rio Tinto in Mozambique. Savannah's subsidiary AME East Africa has struck a deal with Rio to combine its adjacent Mutamba, Dongane and Jangamo h
Read more