DMMR 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
Read moreSmall caps round-up: Sea Energy, Victoria Oil, Kefi Minerals...
6th Jan 2010 09:58
Shares in SeaEnergy climbed after the wind farm group said Moray Offshore Renewables, a joint venture that is 25% owned by its 80%-owned subsidiary Sea Energy Renewables, is expected to be awarded the right to develop wind power technology in northeast Scotland. Victoria Oil & Gas advanced after th
Read moreSmall caps round-up: Pangea DiamondFields, 4imprint, Anglo-Eastern...
10th Nov 2009 09:53
Shares in Pangea DiamondFields jumped after the firm, which mines for the gemstones in Angola, said a recent sale of 1,964 carats yielded an average price of $147.50 a carat. The price represents 82% of the company's target of $180, but is well ahead of the 70% it had budgeted. Printed products gr
Read moreSmall caps round-up: Albany Capital, Scott Wilson, Chariot Oil...
15th Jun 2009 08:47
Pre-IPO investment company Albany Capital posted a pre-tax loss of £3.14m against a profit of £727,000 in the same period last year. Consolidated net assets per share at 31 March 2009 was 39.0p (31 March 2008: 55.9p) Due to the current economic climate and market conditions, there was a loss on inv
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