Admiral Group Chairman trades in 100,000 shares
7th Mar 2013 15:42
Alastair Lyons, the long-standing Chairman of Admiral Group, the non-life insurance giant, reduced his stake by 100,000 shares in the wake of a strong set of full year results. In a sale made on behalf of his wife, Lyons disposed of the shares at 1,314p each, shrinking his holding to 392,152 share
Read morePatagonia Gold raises gross proceeds of 6.2m pounds
27th Feb 2013 10:03
Patagonia Gold has raised gross proceeds of approximately 6.2m pounds through a subscription of 41.2m new ordinary shares of 1p each in the company, each at a price of 15p per subscription share. The issue price represents a discount of approximately 3.23% to the closing middle market price of 15.
Read morePantagonia Gold's Chairman hangs up his hat
10th Jan 2013 08:39
Patagonia Gold's Chairman Sir John Craven has retired after eight years on the board, the mining exploration company said Thursday. The AIM listed company announced Deputy Chairman Carlos Miguens has taken over from Craven who stepped down Wednesday. "On behalf of the Board, my family and myself,
Read morePatagonia Gold gets green light for Argentinian project
22nd Nov 2012 08:07
AIM-listed gold miner Patagonia Gold has received a 'full and final permit' to start producing at its Lomada de Leiva gold project in Santa Cruz, Argentina. "We are very pleased to have achieved this important milestone for our company," said Chairman Carlos Miguens. "We would like to thank the Go
Read morePatagonia Gold gets uplift to Cap-Oeste estimate
10th Sep 2012 10:53
Patagonia Gold has announced a 24 per cent increase in the indicated resource at its Cap-Oeste Gold-Silver project in the Santa Cruz province of Argentina. The total "gold equivalent" ounces within the indicated category, is now at 1.197m ounces, an increase of 230,000 ounces. The grade estimate h
Read morePatagonia Gold to test new high grade discovery
5th Jul 2012 10:21
Patagonia Gold is planning to test the down dip extension of the recently discovered zone of high grade mineralisation in the Cap-Oeste South East (COSE) project in Santa Cruz province, Argentina. The most recent drill results from the COSE gold and silver deposit include 2.30 metres at 16.35 gram
Read moreKofax director earns over a million shares
28th Jun 2012 16:22
William Comfort, a Non-Executive Director of Kofax, a provider of capture driven process automation solutions, has received over a million shares in the company in exchange for the redemption of his interest in Conversion Capital Master. Comfort received a consideration of just over 1.1m shares, va
Read moreResources round-up: Stratex, Valiant Petroleum, Patagonia Gold
6th Jun 2012 14:42
Valiant Petroleum has terminated its contract with Awilco Drilling, following technical downtime, which occurred as a result of the suspension of drilling operations on the Timon exploration well in the UK North Sea, in which Valiant holds a 10 per cent stake. The well has been suspended for re-entr
Read moreResources round-up: Thor, Patagonia Gold, Amerisur ...
30th May 2012 12:37
Oil and gas producer Amerisur Resources has logged, cased and cemented the Platanillo-3 well in Colombia, the first of a six-well drill programme. Testing equipment has been mobilised and will shortly begin production tests. The reservoir sections encountered in the well are currently being studied
Read morePatagonia Gold CEO adds to share pile
7th Mar 2012 16:07
William Humphries, Chief Executive Officer of Patagonia Gold, the Argentina-focused mining firm, has purchased 300,000 shares in the firm. The director bought the shares at an average price of 35.67p for a total of £107,010, taking his total stake in the company to 15,393,857 shares, representing a
Read morePatagonia acquires land surface rights
5th Jan 2012 14:35
Patagonia Gold has acquired the remaining land surface rights of its main gold and silver project through its wholly-owned subsidiary Minera Minamalu. The area, which is known as El Tranquilo and covers 80 square kilometres in the Santa Cruz Province of Argentina, was purchased for £2.1m. El Tr
Read morePatagonia Gold completes Cap-Oeste extension
8th Sep 2011 09:30
Patagonia Gold, the Argentina focused mining firm, says the extension to its Cap-Oeste project is now complete with gold and silver found in a newly discovered zone. Normal drilling operations on the deposit are also ongoing and the company says the area remains "open along strike in both direction
Read morePatagonia Gold moves closer to production
9th May 2011 11:28
Patagonia Gold said it is closer to becoming a gold producer after another year of strong exploration activity in the year to 31 December. Losses attributable to shareholders were flat at £7.3m. "Santa Cruz Province is a very active mining region and other companies operating there are also showin
Read moreSmall caps round-up: Patagonia Gold, Charles Stanley, Jubilee Platinum...
26th Jan 2011 11:34
Patagonia Gold has risen on news that final results from the recently completed drill campaign on the COSE project in Argentina have revealed more "exceptionally high grade" gold and silver. A potential new mineralised vein has also been discovered at Cap-Oeste with drill-hole CO-166-D which inters
Read moreMining round-up: Discovery Metals, Patagonia Gold, Karelian ...
10th Nov 2010 16:31
Shares in Discovery Metals picked up at it reported a successful drill test of the newly discovered Ophion exploration target, located 40 km southwest of the Zeta deposit at the Boseto Copper Project. Initial results confirmed that Ophion is mineralised at depth, Discovery said, with follow-up dri
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