TRADING UPDATES: Bluejay Mining raises funds; Novacyt gets VAT refund
(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
(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
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and Wednesday and not separately reported by Alliance News: Read More
Ariana Resources PLC - mineral explorer and developer with gold mining interests in Turkey, Cyprus and Kosovo - Anounces completion of 1,222 metres diamond drilling for due diligence purposes at Dokwe Gold Project in Zimbabwe. Says two holes have been drilled at Dokwe North and two at Dokwe Central. Consultant has commenced assessment of metallurgy and potential process routes. Company says mineralisation's geochemical characteristics are being defined through an "extensive" pXRF programme on old and new drill cores. Dokwe is owned by Rockover Holdings Ltd, of which Ariana owns approximately 2.1%. Ariana says the companies are in "exclusive discussions" regarding potential "further collaboration". 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 - mineral exploration and development company with gold mining interests in Turkey, Cyprus and Kosovo - Announces full-year production results for year ended December 31 for the Kiziltepe mine in Turkey. Kiziltepe is 24% owned by Ariana through its shareholding in Zenit Madencilik San ve Tic AS. Says Kiziltepe produced (and sold) a total of 17,683 ounces of gold during the year, including gold in carbon, exceeding full-year production guidance of 18,000 oz gold for 2023. Reports gross full-year revenue of USD39.2 million at an average realised gold price of USD1,945 per ounce, with an average revenue per gold ounce of USD2,218. 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 - mineral exploration and development company with gold mining interests in Turkey, Cyprus and Kosovo - Reports further results from the Hizarliyayla area of the Salinbas project, of which it owns 24%. Says that a drilling programme at Hizarliyayla was completed for 6,005.8 metres, comprising 10 diamond drillholes since December 2022. Notes that the best high-grade intercepts to date include 1.0 metres at 2.80 grams per tonne of gold, and 5.26 grams per tonne of silver from 72.5 metres at HZR006. Read More
(Alliance News) - Ariana Resources PLC on Thursday touted drilling results from its Salinbas project in Turkey, which defined wide zones of gold mineralisation in several areas. Read More
(Alliance News) - Ariana Resources PLC on Tuesday said it has received positive results from drilling at its 24%-owned Kizilcukur project in Turkey. Read More