Horse Hill Development granted final approval for Weald Basin drilling
6th Aug 2014 13:34
Horse Hill Developments Ltd (HHDL), a joint venture (JV) group developed by several AIM-listed companies, has now been granted final approvals from the UK Environment Agency to go ahead the Horse Hill Prospect in the Weald Basin, Surry. The approvals clear the way for the JV to proceed with the dri
Read moreStellar Resources falls despite progress on Welsh gold project
19th Jun 2014 12:46
AIM-listed gold explorer Stellar Resources was a notable decliner on Thursday despite announcing progress on a mining scheme in North Wales. Stellar said a gold processing plant bought for use at its Clogau St David's gold mine had arrived in Amsterdam, from where it will be moved to Clogau. The
Read moreSector movers: Oil stocks track crude higher on Iraq violence
16th Jun 2014 13:37
Rising crude prices helped lift stocks in the oil sector on Monday, as the ongoing violence in Iraq raised concerns about the knock-on effect on supply. Fighting between the Iraqi army and Sunni Islamist insurgents escalated this weekend after militants from the Islamic State of Iraq and the Levant
Read moreStellar Resources to follow in Esso´s path, but with better seismics
4th Mar 2014 14:15
Stellar Resources has commenced civil works for the drilling of the Horse Hill-1 well on the prospect going by the same name, with completion expected by August 2014. The 2,646 metre (8,680 feet) well is targeting a number of conventional stacked oil targets at the proven Portland sandstone, Cora
Read moreStellar Resources rises after buying gold processing plant
25th Feb 2014 09:41
Gold miner Stellar Resources has bought a processing plant to handle ore from a mine in North Wales. Stellar said the plant was capable of processing up to 2 tonnes of ore per hour from the Clogau pit. It will be used to process previously identified high grade areas re-opened as part of the unde
Read moreShanta Gold's full-year production boosted by strong fourth quarter
20th Jan 2014 14:32
Shanta Gold said 2013 full-year production came to 64,054 ounces, marginally ahead of guidance of 63,000 ounces, following a strong fourth quarter. The East Africa focused company's gold output rose 3.6% to 19,581 in the fourth quarter from the previous three months and sales of the yellow metal ca
Read moreStellar Resources rockets on high-grade gold discovery in Wales
7th Feb 2013 11:32
Stellar Resources advanced on news it discovered high grade gold samples at the Clogau Gold Mine in Wales. Shares soared 49.25% to 2.50p by late Thursday morning after the company said it received promising first assay results from the venture though its 49.9% interest in Gold Mines of Wales. As
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