Ariana completes sale of Pilbara lithium tenements
23rd Feb 2016 15:32
(ShareCast News) - Ariana Resources had a bit more cash in its back pocket on Tuesday, having completed the sale of a package of tenements in the Pilbara region of Western Australia to Dakota Minerals, through its 86%-owned Australian subsidiary Asgard Metals. The AIM-traded company had initially an
Read moreAriana Resources 'close' to starting construction at Kiziltepe mine
4th Aug 2015 10:25
(ShareCast News) - Gold and minerals explorer Ariana Resources said it expects construction on its new gold mine in western Turkey to begin in the near future. The London-listed company was given the green light after payment $0.96m worth of forestry permit fees to begin construction on the Kiziltep
Read moreAriana Resources says Red Rabbit Gold Project analysis shows "highly encouraging" results
5th Jun 2015 09:58
Anglo-Turkish gold exploration and development company Ariana Resources reported "highly encouraging" results from the soil geochemical programme that was carried out on part of its Red Rabbit Gold Project in western Turkey. The group reported five new discoveries of the 12 targets identified in the
Read moreAriana Resources granted permit for Red Rabbit Gold Project
3rd Jun 2015 08:47
Ariana Resources shares jumped more than 50% on Wednesday morning after the Anglo-Turkish gold explorer had its Red Rabbit Gold Project application approved. The application, made through its joint venture company, Zenit Madencilik, was for a permit covering an area in west Turkey, where the company
Read moreAriana Resources nets $33m to fund Turkish gold mine
31st Jul 2014 15:14
Anglo-Turkish gold explorer Ariana Resources has done a $33m funding deal to bring a gold-silver mine into production. Ariana has secured the finance from Turkish investment bank Turkiye Finans Katilim Bankasi to wholly fund construction of the Kiziltepe pit. Kiziltepe is the initial mine targeted
Read moreAriana Resources wins regulatory approval for Kiziltepe mine
30th Dec 2013 09:05
Ariana Resources has received regulatory approval for the initial mine at the Kiziltepe sector at the Red Rabbit gold-silver project in western Turkey. The approval from the Ministry of Environment and Urban Planning will allow the company to develop the mine which is targeted at 21,000 ounces of g
Read moreHangar 8 CEO makes first sale to meet demand for stock
3rd Dec 2013 15:59
Hangar 8, a privately-owned passenger jet aircraft owner, announced that Dustin Dryden, its Chief Executive Office, made his first ever sale of company stock with the disposal of 750,000 shares to meet institutional demand. Dryden sold the shares at 205p each for a total of £1.54m and reduced his
Read moreMultiple sales for Entertainment One Chief
2nd Dec 2013 16:16
Darren Throop, Chief Executive Officer of Entertainment One, has sold four rounds of shares in the international entertainment company, reducing his stake by a total of 785,789 shares to 8.4m. While 69,239 shares were traded in at 239.2p each, the remainder were sold for 241.1p, earning Throop a to
Read moreTom Albanese stocks up on Vedanta shares
20th Nov 2013 16:14
Tom Albanese, a big player in the mining industry, has bought a round of shares in Vedanta Resources worth 298,290 pounds. Albanese, who is the former chief of Rio Tinto, purchased 30,500 shares at 978p each. In September the director took up an advisory role as Chairman of Vedanta Resources Ho
Read moreAriana Resources identifies new drill targets in Turkey
23rd Oct 2013 10:48
- 10 new drill-ready targets found at Red Rabbit project - New high-grade gold-silver targets at Kiziltepe licences Ariana Resources has identified 10 new drill-ready targets on well mineralised veins at the Red Rabbit gold project in west Turkey. The company has also found a further 300 explorat
Read moreAriana shares leap after submitting EIA for Kiziltepe
30th Aug 2013 13:49
Shares in Ariana Resources leapt after it announced it had taken a further key step towards the start of building the first mine at the Red Rabbit Gold project in Turkey. The gold explorer said it had submitted its final Environment Impact Assessment (EIA) report for the Kiziltepe sector of the Red
Read moreMelrose Chairman invests 6.6m pounds through share purchase
27th Jun 2013 15:51
Industrial investment conglomerate Melrose saw its long-running Chairman invest over six and a half millions pounds in the company this week. Harris & Sheldon Investments, an investment company connected with Executive Chairman Christopher Miller, purchased 2.76m shares through three transactions b
Read moreAriana Resources raises 1.25m pounds to develop Red Rabbit project
17th Jun 2013 11:47
AIM-listed exploration and development company Ariana Resources has conditionally raised 1.25m pounds before expenses by way of a subscription by Lanstead Capital L.P. An update issued by the company stated that Lanstead, an institutional investor, had subscribed for 125m new ordinary shares of 1.0
Read moreAriana Resources on track to begin production of first gold mine
12th Apr 2013 13:08
Ariana Resources is on track to begin production of its first gold mine mid-next year, Managing Director Kerim Sener said Friday. The company's flagship Red Rabbit Gold project in Turkey is expected to produce 21,000 ounces (oz) of gold in the first five years and has a mine life of eight years. T
Read moreAriana Resources identifies potential in Turkey
10th Apr 2013 13:37
Ariana Resources sees the potential for a one million-ounce deposit at its Salinbas/Ardala joint venture in north-east Turkey. The joint venture with Eldorado Gold Corporation identified 180,000 ounces of gold plus 820,000 ounces of silver at Salinbas with a further 590,000 oz of gold and 3.3mln o
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