Resources round-up: Tertiary Minerals, Orsu Metals, Silvermere
20th Aug 2012 12:59
Tertiary Minerals has announced the successful completion on an independent scoping study on its wholly-owned Lassedalen fluorspar project in Norway. The study indicates that an underground mine and processing plant is commercially viable. The study projects that at a production rate of 100,000 to
Read moreResource round-up: Ind. Resources, Ormonde, Solo Oil ...
18th Jun 2012 09:10
The Italy focused gas company, Independent Resources (IRG), said it is accelerating its strategy review after an earthquake struck the area where its Rivara underground gas storage project is situated. The group said that the whole concept of underground natural gas storage is now being called into
Read moreSector movers: Randgold leads miners higher
2nd Nov 2011 15:51
The mining sector was performing well on Wednesday, with constituents making average gains of 3.79%, as it recovers after bearing the brunt of a mass sell-off yesterday. Africa-focused gold miner Randgold Resources was a notable riser, jumping over 7% on the FTSE 100 after profits for the third qu
Read moreTertiary Minerals narrows half-year losses
23rd May 2011 14:36
Falling costs have enabled fluorspar-focused miner Tertiary Minerals to narrow its losses in the half year ended 31 March to £143,524, from £200,108 previously. "Our projects continue to deliver excellent results and this is expected to continue through the pre-development stages," said executive c
Read moreSmall caps round-up: Forte Energy, Stellar Diamonds, Billing Services...
15th Feb 2011 11:33
Miner Forte Energy has discovered further significant intersections after drilling 10 new holes at its A238 uranium prospect in Mauritania. The holes were drilled immediately north of the main shoot of the A238 system "provide a clearer geological picture of the transition from the narrow, low gra
Read moreSmall cap round-up: Adventis, Alexon, Somero...
27th Jan 2011 17:48
Marketing agency Adventis' healthcare business has experienced a 'very considerable' downturn and will post a £0.26m loss for the full year. Full year results may also contain a significant goodwill impairment charge. For the full year underlying profits will be approximately £0.45m. Clothing gr
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 moreTertiary Minerals Gets Fluorspar Exploration Rights At Lassedalen
8th Jul 2010 07:32
LONDON (Dow Jones)--Tertiary Minerals PLC (TYM.LN), a mineral exploration and development company, said Thursday it has been granted exploration rights for fluorspar at the former producing Lassedalen Fluorspar Mine near Kongsberg, 80km to the south-west of Oslo in Norway. MAIN FACTS: -The a
Read moreLondon close: Footsie ends on a high
6th Jul 2010 17:01
The FTSE 100 finished just three points shy of its high point for the day as miners, particularly copper miners, drove the market higher. Copper producers Antofagasta and Kazakhmys were the two best performers as the price of copper rose the most in a week on the back of declining stockpiles. Mini
Read moreLondon afternoon: Rally continues
6th Jul 2010 14:03
London stocks made further headway over the lunchtime session, with banks and miners still leading the way. Antofagasta, Kazakhmys, Xstrata, Vedanta and Rio Tinto are the stand out performers in the mining sector, as commodity stocks come back into fashion after their recent buffeting, though gold
Read moreSmall caps round-up: Ithaca, Ambrian Capital, Providence...
6th Jul 2010 12:07
Oil and gas firm Ithaca Energy said it increased production throughout the second quarter of 2010 and remains on target to achieve forecast 2010 production levels. Production in the second quarter averaged 10,217 barrels of oil per day, a 17% improvement over first quarter production. Stockbroker
Read moreTertiary Minerals Positive Scoping Study At Storuman Project
6th Jul 2010 07:40
LONDON (Dow Jones)--Tertiary Minerals PLC (TYM.LN), a mineral exploration and development company, announced Tuesday a positive scoping study for its on its 100% owned Storuman Fluorspar project in Sweden and a potential 18 year minimum open-pit mine life. MAIN FACTS: -A viable fluorspar pro
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