Ariana Resources identifies new gold mineralisation in Turkey
18th Feb 2013 08:33
Ariana Resources, a gold exploration and development company focused on Turkey, saw its shares leap by more than a fifth on Monday after announcing that drilling at its Salinbas and Ardala project has identified additional gold mineralisation. The project is contained within its joint venture wit
Read moreAriana Resources: Mine construction to commence at Red Rabbit before 2014
5th Feb 2013 08:40
AIM-listed gold exploration and development company Ariana Resources has provided an update on the proposed time frame of mine development at its Red Rabbit prospect in western Turkey. The company reported that it had submitted and Environmental Project Summary to the Ministry of Environment and Ur
Read moreAriana Resources step closer to constructing Red Rabbit Gold Mine
28th Jan 2013 09:51
AIM-listed gold exploration and development company Ariana Resources has moved a step closer towards commencing construction at its first mine in Turkey, a company update issued on Monday disclosed. The group, which is developing a mine known as the Red Rabbit Gold Project in Western Turkey, stated
Read moreResources round-up: Kalimantan Gold, Serabi Gold, Ariana Resources
2nd Oct 2012 10:21
Kalimantan Gold plunged 22 per cent after it said Tigers Realm Metals had pulled out of drilling at its Jelai epithermal gold project in Indonesia. "TRM did not see the results it expected in [its] modest 6-month drill test and they have provided notice to withdraw from the option deed effective Sep
Read moreResource round-up: Atlantic Coal, Silvermere, Toledo Mining
30th Jul 2012 10:59
Shares Atlantic Coal, the AIM-listed miner focused on Pennsylvania, USA, jumped 11% in early trading after it reported a positive production update from its Stockton Colliery. In the three months to the end of June the company saw an 18.8% increase in clean coal production compared to the first quar
Read moreResources round-up: Global Petroleum, Ariana, Edge Resources
23rd Jul 2012 13:09
AIM-listed oil and gas group Global Petroleum has finally completed the delayed interpretation of 2D seismic data in Petroleum Exploration Licence 29, offshore Namibia - in which it owns an 85 per cent interest - meaning that it can now concentrate on finding a suitable partner for the next phases o
Read moreResource round-up: Frontera, Ariana, Copper Development, Gold Oil
29th Jun 2012 11:36
Frontera Resources, the Georgia- (USA) focused oil company has reported falling revenues for full year 2011. Crude oil sales fell from 8.3m dollar in 2010 to 7.4m dollars in 2011. The company also completed a restructuring during the year resulting in a net loss of 119.9m dollars compared to 63.9m d
Read moreAriana's Red Rabbit project has legs
1st Feb 2012 13:30
Ariana, a gold exploration and development company currently undertaking the Red Rabbit gold project in western Turkey, has declared itself pleased with early drilling results on the project. Drilling in the Arzu South/Arzu North gap zone has returned a first result of 8.7 metres at 2.03 grams per
Read moreSmall caps round-up: Ariana, Haynes, Music Festivals...
26th Jan 2012 15:15
Ariana Resources, a gold exploration and development firm, has secured a $2m loan facility to assist with the funding of the Red Rabbit Project in Western Turkey. The remaining components of the feasibility study for the Kiziltepe sector of the project are being compiled, while plans for a storage f
Read moreUpside seen at Ariana's Red Rabbit project
22nd Nov 2011 07:48
AIM-listed gold miner Ariana Resources has reported a positive update on activities at Red Rabbit in western Turkey which reinforce the the production potential at this flagship gold project. Ariana has found high surface silver grades (averaging 65 g/t) from the Karakaya Vein at its Kepez prospect
Read moreLondon pre-open: Footsie expected to recover after Monday's sell-off
22nd Nov 2011 07:32
The Footsie is set to recover after six consecutive days of selling, despite US and Asian markets falling lower last night and this morning, respectively. City sources expect the FTSE 100 to open up 35-40 points from yesterday's close of 5,223. In company news, the specialist investment firm, asse
Read moreLondon close: Higher finish for FTSE 100
22nd Aug 2011 16:35
The FTSE 100 quickly snapped out of its poor start to finish with gains, though these were somewhat off earlier highs following the start of trading on Wall Street. Gold producers such as Randgold Resources and Petropavlovsk were driven higher by rising prices for the precious metal. Oilfield serv
Read moreLondon midday: Stocks post big gains as miners advance
22nd Aug 2011 12:11
Despite a faltering start, the FTSE 100 is now posting near triple-digit gains with resource stocks in particular posting big gains. A surging gold price, which stands just below the $1,900 level drives FTSE 100 miner Randgold Resources to the top of the pile. Oilfield services group Petrofac was
Read moreMining Round-up: Avocet, North River, Solomon, Ariana
22nd Aug 2011 09:45
The resource estimate at gold miner Avocet's Inata mine license area in Burkina Faso has been upped by 59% to 3.36m ounces. The figure includes measured, indicated and inferred resources. "The growth of the Inata Mineral Resource surpasses our expectations and supports our view that the Inata gold
Read moreAriana sets the hare running at Red Rabbit
23rd May 2011 15:16
Gold miner Ariana Resources has no mining income as of yet but has "set running the hare that is Red Rabbit," its gold and silver project in western Turkey. "Our Red Rabbit Project is on course to become the next new Turkish gold producer during 2012," claimed chairman Michael Spriggs. L
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