(Alliance News) - Ariana Resources PLC on Thursday said that 51% of the Kosovo-based Silvova gold project has formally been acquired by its subsidiary Western Tethyan Resources Ltd. Read More
(Alliance News) - Ariana Resources PLC raised GBP1.1 million from placing and subscription on Wednesday to support the Dokwe gold project. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Wednesday. Read More
(Alliance News) - Stock prices in London opened in the green on Wednesday following a cool UK inflation reading, as investors gear up for potential budget cuts in Chancellor Rachel Reeves' looming spring statement. Read More
Ariana Resources PLC - London-based mineral exploration and development company with gold mining interests in Africa and Europe - Reports "excellent" drilling results from five holes at the Dokwe Gold Project in Zimbabwe. The hole at DPD126 intercepted 17.11 grams of gold per tonne in the Eastern Zone, which the company says is evidence of "significant gold mineralisation". Further results confirmed the continuity of mineralisation in other areas of the project, the company says. Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Wednesday, and not separately reported by Alliance News: Read More
(Alliance News) - Ariana Resources PLC on Monday said it secured significant financing from an institutional investor to progress two key strategic projects. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Ariana Resources PLC - London-based mineral exploration and development company with gold mining interests in Africa and Europe - Notes a recent mineral resource suggests an expanded mining scenario of 75,000 to 100,000 ounces production over 10 to 15 years as part of the definitive feasibility study. Says revised pit optimisations have increased the in-pit resources by 16%, with measured and indicated resources now at 1.33 grammes of gold per tonne for 1.2 million ounces of gold. Adds that the pre-feasibility study's proposed a production rate of 60,000 ounces per year and a 12-year mine life could be increased significantly. Read More
(Alliance News) - Ariana Resources PLC on Monday said it continued to advance its projects in a year in which the company was adversely impacted by foreign exchange rates. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Ariana Resources PLC - Precious metals exploration company focused on the Eurasian Tethyan metallogenic belt - Provides update on its due diligence review of the Dokwe gold project in Zimbabwe. Explains Ariana recently entered a conditional agreement to acquire 100% of Dokwe by way of merger with Rockover Holdings Ltd, in which Ariana currently holds around 2.1%. As part of its due diligence review, Ariana has completed four diamond drill holes for a total of 1,222m, two each at the Dokwe North and Dokwe Central deposits. Managing Director Kerim Sener says: "We have been able to both confirm historical drilling results, the distribution and nature of gold mineralisation within the Dokwe North and Central deposits and their geological controls, including new insights into the structural controls on mineralisation. The results from the holes at Dokwe Central in particular are critical for us to estimate resources at this deposit, and the three holes we have assays for so far have yielded lengthy zones of high and moderate-grade gold mineralisation." Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Ariana Resources PLC - Precious metals exploration company focused on the Eurasian Tethyan metallogenic belt - Gets revised pre-feasibility study for the Dokwe project in Zimbabwe. Says Dokwe PFS shows post-tax net present value of USD160 million and a 13-year mine life at 60,000 ounces of gold per year. Dokwe project is part of Rockover acquisition, it adds. Managing Director Kerim Sener says: "This substantial update to the Dokwe Project PFS further underscores our assessment that the project represents a major value-accretive opportunity for the proposed enlarged Company once we complete our merger with Rockover. Notably, the revised PFS only includes the Dokwe North area and there is significant scope to enhance the economics further if Dokwe Central is included...We anticipate positive developments through further project optimisation studies of the Dokwe project, which require ongoing assessment, along with similar studies being undertaken across the rest of our project portfolio." Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Ariana Resources PLC on Thursday said it has agreed to buy all of Rockover Holdings Ltd, the owner of the Dowke gold project in Zimbabwe. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued this week and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More