Director dealings: Savannah Resources CFO lowers stake
23rd Aug 2018 15:57
(Sharecast News) - Savannah Resources' chief financial officer Christopher Michael McGarty disposed of 2.03m ordinary shares in the AIM-listed firm on Thursday.
Read moreSavannah says Portuguese lithium project potentially 'major' producer
14th Jun 2018 08:33
(Sharecast News) - AIM-quoted resource development company Savannah Resources said on Thursday that its Mina do Barroso lithium project in Northern Portugal has the potential to be a "major European producer" of spodumene lithium.
Read moreSavannah Resources moves a step closer to Oman mining licences
14th May 2018 13:14
(Sharecast News) - Savannah Resources announced the issuance of letters of no objection from all eight ministries for both the Mahab 4 and Maqail South mining licence applications on Monday.
Read moreSavannah Resources still awaiting government approval
23rd Apr 2018 08:14
(Sharecast News) - While waiting for the outcome of an analysis by the Mozambique government, diversified resources group Savannah Resources said it was making "progress" in carrying out "critical work" at its Mutamba project.
Read moreSavannah Resources completes drilling at Ravene
1st Feb 2017 16:07
(ShareCast News) - Savannah Resources announced on Wednesday that it has completed drilling at the Ravene deposit in Mozambique, which forms part of the Mutamba mineral sands project being developed by Savannah and Rio Tinto as part of a consortium agreement. The AIM-traded company said it has compl
Read moreSavannah Resources posts positive sampling results
22nd Dec 2016 08:46
(ShareCast News) - Resource development company Savannah Resources announced on Thursday that all results had now been received from reconnaissance rock chip sampling over its new lithium projects in Finland, Somero and Erajarvi. The AIM-traded firm said the work programme returned anomalous lithium
Read moreEnvironment studies start at Savannah, Rio Tinto mineral sands project
13th Dec 2016 12:52
(ShareCast News) - AIM-listed explorer Savannah Resources announced it has a fully operational and expanded team in its joint mineral sands project with mining giant Rio Tinto and has started scoping and environmental studies. The Mutamba mineral sands project in Mozambique is being developed with R
Read moreSavannah Resources 'encouraged' by copper mineralisation at Oman sites
16th Nov 2016 10:03
(ShareCast News) - Miner Savannah Resources "encouraged" by high grade copper mineralisation at its Oman sites after a resource drilling programme. The results for the drilling programme at the Mahab four prospect in block five in Oman found that the 16B5DD018 licence, drilled at 14.25 meters had 3.
Read moreSavannah Resources upbeat on Mutamba mineral estimate
8th Nov 2016 10:44
(ShareCast News) - Savannah Resources said results of its mineral resource estimate of the Jangamo and Dongane deposits in the Mutamba project underscored it as one of the largest ilmenite-dominant, mineral sands accumulations on the east coast of Africa. The AIM-quoted outfit said this was a major
Read moreSavannah Resources raises a further £800,000 via share placing
12th Oct 2016 14:05
(ShareCast News) - Copper, gold and lithium explorer Savannah Resources raised further equity on AIM after another share placing to fund development at its mining projects in Oman, Mozambique and Finland About 23.5m shares were subscribed to at 3.5p each to raise £825,186 adding to the £1.42m raised
Read moreSavannah Resources raises £1.42m in placing
26th Sep 2016 15:10
(ShareCast News) - Resource development company Savannah Resources announced on Monday that it has raised approximately £1.42m, before expenses, through the placing of 28,208,973 new ordinary shares and subscription for 12,500,000 new ordinary shares at a placing price of 3.5p per share, with both n
Read moreSavannah Resources begins exploration at Somero and Eräjärvi
28th Jul 2016 13:15
(ShareCast News) - Resource-development company Savannah Resources said exploration has started at its two new lithium projects in Finland, Somero and Eräjärvi. It received no landowner objections during the one-month statutory objection period required before work on the ground could begin. The ex
Read moreSavannah Resources releases remaining Oman drill data
22nd Feb 2016 13:58
(ShareCast News) - Savannah Resources revealed the remaining results from its reverse circulation (RC) and diamond drilling programme at Blocks 4 and 5 in Oman on Monday, which were prospective for copper and gold. The AIM-traded resource development firm said it had also completed the preliminary c
Read moreSavannah Resources gets further investment from Al Marjan
15th Feb 2016 15:25
(ShareCast News) - Savannah Resources said private investment bank Al Marjan bought 98.3m shares in the company at just under 1.8p each in a placing, making it the largest shareholder. The AIM-listed, west Africa-focused exploration group raised gross proceeds of £1.75m, which will be used to fund t
Read moreSavannah Resources identifies further high-gade gold mineralisation at Oman project
17th Sep 2015 08:20
(ShareCast News) - Savannah Resources has as identified further high grade gold mineralisation at the Salahi 1 Prospect at the Block 4 copper-gold project in Oman. The company said the results follow completion of additional rock chipping and trenching as part of the geologically mapping of Block 4.
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