Xtract Resources reports positive test results at Zambia mine
20th Aug 2019 12:55
(Sharecast News) - Xtract Resources on Tuesday reported positive assay results from preliminary sampling of mine tailings at the Kalengwa copper project in Zambia.
Read moreXtract Resources lands Zambian copper and gold exploration agreement
11th Feb 2019 11:34
(Sharecast News) - Xtract Resources on Monday signed a memorandum of agreement with a consortium to undertake exploration works on the copper/gold small scale mining license number 8370-HQ-SML located at Kajevu in the North Western Province of Zambia.
Read moreXtract Resources jumps after securing contractor agreement for Mozambique concession
16th Jan 2019 16:05
(Sharecast News) - Xtract Resources jumped on Wednesday after its wholly-owned Mozambican subsidiary, Explorator, concluded an additional mining contractor agreement with Huafei Gold Resources.
Read moreXtract makes decent progress on Omnia collaboration
29th Aug 2018 10:32
(Sharecast News) - Xtract Resources updated the market on the hard rock collaboration agreement with Omnia Mining, as announced on 19 February, on Wednesday.
Read moreXtract settles with Auroch over Manica Project acquisition
9th Feb 2017 16:13
(ShareCast News) - Xtract Resources announced on Thursday that it had reached an agreement with Auroch Exploration, regarding the outstanding amounts owed by the company to Auroch in relation to the acquisition of the Manica Gold Project. The AIM-traded firm said the settlement reached was over the
Read moreXtract Resources intends to raise £220,000 for general working capital
21st Dec 2016 11:30
(ShareCast News) - Xtract Resources intends to raise £220,000, before expenses, in a placing of about 1.3bn shares priced at 0.0165p each. Funds would go to general working capital. Chairman Colin Bird and a company associated with him would participate in the placing -- alongside private and instit
Read moreXtract Resources to exit Chepica mine
22nd Sep 2016 15:53
(ShareCast News) - Xtract Resources announced on Thursday that, after undertaking a review of the Chepica Gold and Copper Mine in southern Chile, it has determined that the underlying fundamentals and the risk associated with the project were no longer supportive of continuing investment. The AIM-tr
Read moreXtract raises £1m, moves closer to Manica sale
20th Jul 2016 16:29
(ShareCast News) - Xtract Resources updated the market on the disposal of its interest in the Manica Gold Project in Mozambique on Wednesday, and confirmed the completion of a placing of 1,538,461,538 new ordinary shares of 0.01p at a price of 0.065p to raise £1m. The AIM-traded firm said it has mad
Read moreSmall caps news round-up
4th Feb 2016 15:50
(ShareCast News) - Forbidden Technologies was celebrating its first contract win for its social video platform on Thursday, after a number of proof-of-concept trials. The AIM-traded technology firm's 'eva' platform described itself as "the real video social network", and allows users to create profi
Read moreXtract Resources' Chepica mine gets permission to restart
4th Feb 2016 11:00
(ShareCast News) - AIM-listed Xtract Resources said the processing plant at its Chepica gold and copper mine in Chile has been granted permission to restart. The diversified metals and minerals producer said the Inspector of Mines visited the mine earlier this week and found management had implement
Read moreAnother setback for Xtract Resources at Chile facility
27th Jan 2016 13:48
(ShareCast News) - Xtract Resources was looking at another setback at its Chipeca Gold Mine in Chile on Wednesday, a month after two fatal accidents saw its processing plant operations there temporarily suspended by authorities. The AIM-traded resources firm had previously indicated that it expected
Read moreXtract Resources signs joint venture agreement for Mozambique project
20th Oct 2015 09:01
(ShareCast News) - Shares in Xtract Resources edged higher early on Tuesday after the resource assets developer signed a joint venture agreement for a project in Mozambique. The group said the deal with Mineral Technologies will remove "significant overburden" at its Manica project, where Xtract is
Read moreXtract Resources slumps on mixed assay results from South African projects
8th Oct 2015 15:19
(ShareCast News) - Shares in Xtract Resources declined sharply on Thursday, after the gold and copper miner reported mixed assay results from two of its South African projects. The London-listed company said the results show copper values at the Carolusberg tailing dam stood at an average of 0.21%,
Read moreXtract Resources downgrades forecasts due to earthquake
29th Sep 2015 12:58
(ShareCast News) - Shares in Xtract Resources fell after the gold and copper mining and development company said it now expects third and fourth quarter profit to be lower than previously guided due to an earthquake in Chile. Xtract said it expects to generate a profit of $150,000 in the third quart
Read moreXtract Resources surges on gold find
4th Aug 2015 09:32
(ShareCast News) - Shares in Xtract Resources surged after the company found a new gold reef system at its Colin Mining area in Chile. The company said its own estimates found the new reef system could quadruple the previous estimates of gold found in the area and as a result could increase the life
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