Resource round-up: Sirius Petroleum, Thor Mining, KEFI Minerals ...
31st Jul 2012 11:53
Gold and copper exploration company KEFI Minerals pleased investors after it said tests on a site in Saudi Arabia confirmed the presence of high grade gold and silver over substantial widths and strike lengths. It said diamond drilling would begin at the Jibal Qutman Licence in the current quarter.
Read moreKEFI Minerals JV awarded fourth licence in Saudi Arabia
4th Jul 2012 08:08
Gold and copper exploration company KEFI Minerals has received its fourth mineral exploration licence in Saudi Arabia for a period of five years; it has been granted to the Gold and Minerals Joint Venture (JV), in which KEFI has a 40 per cent interest. The licence covers an area of 99.9k square km
Read moreKEFI Minerals projects ready for drilling
5th Apr 2012 11:59
KEFI Minerals, an AIM-quoted gold and copper exploration company, has said fieldwork on its Hikyrin South and Selib North Exploration Projects in Saudi Arabia have reached the stage of drilling. At Hykirin South, samples taken from the waste dumps of ancient mining have returned up to 16.3g per to
Read moreLondon close: Footsie follows Wall Street lower
4th Jan 2012 17:12
Having spent most of the day seeking direction, UK investors took the hint from their US counterparts and banked some of yesterday's heavy gains. Fashion chain Next was one of the day's biggest fallers, after a cautious trading statement. The company said "despite a good final week before Christma
Read moreLondon midday: Footsie back to square one
4th Jan 2012 10:38
UK equities are seeking direction after a morning in which the Footsie moved in a narrow band ranging from 5689 to 5720. Fashion chain Next is a drag on the index, after a cautious trading statement. The company said "despite a good final week before Christmas, November and December sales were disa
Read moreLondon open: Retailers caned after Next disappoints
4th Jan 2012 08:38
Footsie has defied expectations of a soft start and has crept above the 5,700 barrier, helped by continuing demand for resource stocks. Fashion chain Next is a drag on the index, however, after a cautious trading statement. The company said"despite a good final week before Christmas, November and D
Read moreKefi Minerals granted two new licences
4th Jan 2012 08:20
Kefi Minerals, an AIM-listed gold and copper exploration company, has been awarded two mineral exploration licences in Saudi Arabia for its gold and minerals joint venture. The licences, which are for a period of five years, are located in the Central Arabian Gold Region. Kefi Minerals has a 40%
Read moreDMMR grants KEFI first (of 21) licenses in Saudi Arabia
17th Jun 2011 13:27
AIM-quoted gold and copper exploration company KEFI Minerals has today announced that the Saudi Deputy Ministry for Mineral Resources (DMMR) has granted its first mineral exploration licence, in Saudi Arabia, to the Gold & Minerals (G&M) joint venture. KEFI Minerals has a 40% interest in the G&M jo
Read moreSmall caps round-up: Aminex, Helesi, Powerflute...
4th Feb 2011 11:31
Aminex has proposed to up its interest in the Nyuni Production sharing agreement in Tanzania from 50% to 65% through a farm-in agreement with Key Petroleum. "A further acquisition of interest in the Nyuni PSA is a logical expansion of our activities and confirms our strong commitment not only to
Read moreNew Sirius Minerals finance boss invests £99,000
18th Jan 2011 16:39
Potash explorer Sirius Minerals' new finance director Andrew Lindsay has invested £99,000 in the company following his appointment. Lindsay was appointed on the same day that Sirius announced its acquisition of York Potash. He was previously finance director of AIM-quoted European Nickel. He has
Read moreKEFI raises cash for Saudi exploration
8th Oct 2010 12:12
KEFI Minerals is raising £625,000 before expenses in order to push forward its exploration programmes in Saudi Arabia and Turkey. Turkey was the original focus of the company but Saudi Arabia is becoming more important. KEFI has lodged 21 exploration licence applications in Saudi Arabia, covering
Read moreMining round-up: Discovery Metals, Kefi, Ormonde ...
28th Sep 2010 16:16
Discovery Metals had had its seven prospecting licences in Ngamiland, Botswana renewed for a further two years. "All areas of interest, within these prospecting licences, have been retained," it said. Gold and copper exploration company Kefi Minerals saw loss before tax narrow to £0.47m in the fir
Read moreLand Secs FD increases stake
27th Jul 2010 17:08
Land Securities finance director Martin Greenslade has been adding to his shareholding. He bought 11,000 shares at 612.4p each. This £67,000 investment took his stake to 470,029 shares. Chief executive Francis Salway and London Portfolio MD Robert Noel have also been buying in recent weeks. Gr
Read moreKefi Minerals: Centerra Gold Withdraws From Artvin Joint Venture
15th Jul 2010 12:45
LONDON (Dow Jones)--Kefi Minerals PLC (KEFI.LN), an AIM-quoted gold and copper exploration company with projects in Turkey and the Kingdom of Saudi Arabia, said Thursday Centerra Gold Inc. (CAGDF) has advised the Company of its intention to withdraw from the Artvin joint venture. MAIN FACTS:
Read moreSmall caps round-up: Kefi, Mariana, New World Resources...
14th Apr 2010 12:42
An update on its activities in Saudi Arabia has lifted the share price of gold and copper explorer Kefi Minerals. A total of 21 exploration licenses have been lodged covering 2,100km2 the company said. Also in metals, Argentina and Chile-focused exploration and development group Mariana Resources i
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