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Share Price: 1.15

Bid: 1.10

Ask: 1.20

Change: 0.00 (0.00%)

Spread: 0.10 (9.091%)

Open: 1.15

High: 1.15

Low: 1.15

Prev. Close: 1.20

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IN BRIEF: Thor Mining Loss Stretched By "Very Active Year"

Mon, 14th Sep 2020 14:40

Thor Mining PLC - vanadium and gold miner in US and Australia - Pretax loss in year ended June 30 widens to GBP922,000 from GBP735,000. Administrative expenses up 35% to GBP123,000 and corporate expenses rise 10% to GBP663,000. "The preliminary statements summarise a very active year for the company in terms of advancement of existing projects and investigation of new projects as we observe a rise in demand for, and price recovery of, a range of minerals and metals," Executive Chair Mick Billing says.

Current stock price: 0.60 pence

Year-to-date change: up 40%

By Eric Cunha; ericcunha@alliancenews.com

More News

4 Nov 2022 10:28

Thor Mining celebrates best gold intercept yet at Pilbara project

(Alliance News) - Thor Mining PLC said it anticipates positive returns from Kelly's Ridge, after initial drilling revealed high-grade intercepts.

4 Nov 2022 09:01

LONDON MARKET OPEN: FTSE 100 boosted by miners as commodities rise

(Alliance News) - Stocks were higher in London early Friday, as mining stocks lifted the FTSE 100, buoyed by rumours of an end to China's zero-tolerance Covid policies.

4 Nov 2022 07:49

LONDON BRIEFING: Stocks called higher; US job growth expected to slow

(Alliance News) - Stock prices in London were called higher on Friday in the wake of US Federal Reserve and Bank of England rate hikes, as markets now await a key US jobs report, expected to show a softening in the labour market.

26 Oct 2022 14:35

TRADING UPDATES: Solid State expects to top annual expectations

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

10 Oct 2022 17:28

IN BRIEF: Thor Mining begins drilling at Kelly's prospect in Australia

Thor Mining PLC - Australia-focused exploration and development company - Begins drilling at Kelly's prospect in the Ragged Range project in Eastern Pilbara. Drilling targets the sheared contact of Euro Basalts and Boobina Porphyry that forms a silicified ridge extending over 1 kilometre. Drilling follows up on rock chip samples returning up to 16 grams per tonne of gold and 55 grams per tonne of silver.

10 Oct 2022 17:26

IN BRIEF: Thor Mining begin drilling at Kelly's prospect in Australia

30 Sep 2022 18:24

EARNINGS UPDATES: 600 Group swings to profit; Thor Mining narrows loss

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

26 Sep 2022 12:43

Thor Mining begins drilling in region historically low in uranium

(Alliance News) - Thor Mining PLC said that it has begun drilling at the Wedding Bell and Radium Mountain projects in the Uravan Mineral Belt in south-west Colorado, US.

26 Sep 2022 12:34

Thor Mining launches drilling programme at Colorado assets

(Sharecast News) - Diversified resource company Thor Mining has commenced drilling at its 100% owned Wedding Bell and Radium Mountain projects, located in the historic uranium-vanadium mining district of southwest Colorado.

7 Sep 2022 21:42

TRADING UPDATES: Zinnwald upbeat; Nanoco-Samsung trial delay

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

9 Aug 2022 16:50

IN BRIEF: Thor Mining shares jump on Kapunda study funding

Thor Mining PLC - Australia-focused exploration and development company - Says OZ Minerals Ltd agrees to provide AUD2.5 million, around GBP1.4 million, funding support for technical investigations into in situ recovery technology at EnviroCopper Ltd, Kapunda copper-gold ISR project in South Australia. Thor holds a 30% stake in ECL, and the funding will be non-dilutive to its holding. The funds will be used to continue studies into the potential economic extraction of copper resources via ISR, Thor says.

1 Aug 2022 17:58

IN BRIEF: Thor Mining starts airborne survey over Ragged Range project

Thor Mining PLC - Australia-focused exploration and development company - Commences close spaced airborne survey over the north eastern part of the Ragged Range project in Pilbara, Western Australia.

28 Jul 2022 20:54

TRADING UPDATES: Virgin Wines loses fizz; M&C revenue improves

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

25 Jul 2022 11:36

IN BRIEF: Thor Mining gets good sampling results from Ragged Range

Thor Mining PLC - Australia-focused exploration and development company - Completes three programmes of reconnaissance mapping over the Ragged Range project in Western Australia. Notes this included rock chip and stream sediment sampling. Says the rock chip sampling over the 13 kilometre-long Sterling prospect returned up to 6 grams per tonne of gold in rock chip. Finds anomalous gold of up to 1.46 grams per tonne and copper of 4.8% at the Kelly prospect. Plans to continue sampling geological mapping and sampling.

11 Jul 2022 09:48

IN BRIEF: Thor Mining shares up as campaign at Ragged Range completed

Thor Mining PLC - Australia-focused exploration and development company- Says it has drilled 48 reverse circulation holes totalling 3,120 metres at Ragged Range located in Eastern Pilbara, Western Australia, over the last three weeks. It says assay results are expected in August to September.

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IN BRIEF: Thor Mining Loss Stretched By "Very Active Year"

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