Orogen Gold unveils next phase of drilling programmes
27th Feb 2013 09:12
Orogen Gold, the AIM-listed mineral exploration company focused on the historic gold mining district of Deli Jovan in Serbia, has outlined the next phase of its trenching and drilling programmes for 2013. At its new discovery in Gindusa West, the company's planned work includes follow-up detailed t
Read moreOrogen Gold signs contract for Armenia gold project
22nd Jan 2013 08:26
Orogen Gold has signed an agreement with Georaid for the Mutsk gold project in southern Armenia, the mineral exploration company announced Tuesday. The company signed a memorandum of understanding with the Armenian registered company for the exclusive right to undertake an exploration programme ove
Read moreOrogen Gold rises on fresh gold discovery
5th Dec 2012 10:10
Shares at AIM-listed mining company Orogen Gold rose almost five per cent to 0.65p on Wednesday morning following an announcement that the company had discovered new gold in Serbia. The company, which focuses on gold exploration and development in Eastern Europe, published details of gold assay dat
Read moreOrogen Gold places 240m shares with board members
17th Oct 2012 08:01
Orogen Gold, an exploration company focused on gold exploration and development in Eastern Europe, has placed 240m shares with members of the board at 0.5p each to raise funding for the Deli Jovan gold project into 2013. The placing raised net proceeds of about £1.135m and covers earn-in to 75 per
Read moreResources round-up: Oregon Gold, African Copper, Sovereign Mining
8th Aug 2012 11:27
Oregon Gold, an exploration company focused on gold exploration and development in Eastern Europe, has reported 'solid progress' at the Deli Jovan gold project in Eastern Serbia, where a 7,500 metres diamond drilling programme began in May. So far 15 holes have been drilled at the Gindusa mine targe
Read moreFinance Director at Hargreaves sells shares
2nd May 2012 15:59
Tracey Taylor, Group Finance Director of Hargreaves Lansdown, has ditched 8,700 shares in the firm just two weeks after the company unveiled record results for the first quarter of 2012. Taylor, a member of the Hargreaves board since 2008, sold the shares for 520p each, alongside a familiy member
Read moreResource stocks round-up: Faroe, Edenville, Jubilee ...
27th Mar 2012 09:12
Faroe Patroleum hailed a 'truly exceptional year' for the company as it charged back into the black with pre-tax profits of £14.3m. This was a dramatic improvement on the £26m loss the year before. The company put the result down to a dramatic boost to production, proven reserves and cash flow, toge
Read moreSmall caps round-up: Orogen, Providence, President
27th Feb 2012 15:44
Orogen Gold, a Europe-focused miner, has said it has re-established access to its mine sites after a temporary cut-off was caused by extreme weather. The firm admitted that the exceptionally severe winter weather conditions in Serbia have had a slight impact on the timing of completion of the underg
Read moreOrogen delighted with Siberian soil samples
3rd Oct 2011 08:31
A massive soil sampling exercise at recently reopened mines owned by Orogen Gold has identified several gold anomalies that are worthy of further investigation. Access to the two Deli Jovan shallow underground mines in eastern Siberia is improving, and extraction of water continues to expose deeper
Read moreLondon midday: FTSE 100 stable after calm start
15th Aug 2011 12:21
Shares are holding onto their gains today amid much calmer trading than the volatility seen last week. In company news, international recruitment firm Michael Page is sharply lower. It made a flying start to 2011 but said profit growth in the banking sector has tailed off in the second half of the
Read moreOrogen upbeat despite further losses
15th Aug 2011 08:44
Europe-focused miner, Orogen Gold, widened its losses in the first half of 2011, dropping £554,000 into the red. This compared with a loss of £435,000 in the first half of last year for the firm formerly known as Medavinci, which was relaunched in March. However, the company is positive about its
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