(Alliance News) - Karelian Diamond Resources PLC on Friday said it has applied to extend its diamond exploration programme in the Kuhmo region of eastern Finland. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday. Read More
Karelian Diamond Resources PLC - Finland and Northern Ireland-focused diamond and platinum group metals exploration company - Says unmanned aerial vehicle-based detailed electromagnetic survey conducted, with EM data processed by Radai Oy. Says this occurred over green diamond target area in the Kuhmo region of Eastern Finland and has identified two diatreme-shaped anomalies that may indicate the kimberlitic source of the green diamond, the focus of its exploration in the area. Read More
Karelian Diamond Resources PLC - Finland and Northern Ireland-focused diamond and platinum group metals exploration company - Celebrates the Finnish Land Court's decision regarding appeals by two landowners in relation to the mine boundary and the amount of compensation to be paid to them for a diamond mine being developed by Karelian at Lahtojoki in Finland. The decision, communicated by the court on Monday last week, maintained the original decision on the mine boundary, while the majority of the items upon which the landowners based their claims regarding compensation were rejected by the court except for three items. Those three items were referred back to the National Land Survey to review. Karelian says the mine at Lahtojoki will be the first diamond mine in the EU once it is in production. Read More
Karelian Diamond Resources PLC - Finland and Northern Ireland-focused diamond and platinum group metals exploration company - Announces placing of 21.9 million shares at 1.5 pence each to raise about GBP328,747 before expenses. The issue price is a near 39% discount to the closing mid-market price of 2.45p per share on Friday, Karelian says. The funds will be used to carry out a follow-up exploration programme for nickel-copper-platinum group elements on the company's licences. Further, they will be used to continue Karelian's diamond exploration and development programme in Finland. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and Tuesday and not separately reported by Alliance News: Read More
Karelian Diamond Resources PLC - Finland-focused diamond exploration company - Says analysis of Kimberlitic garnets taken from near the location where the company discovered a green diamond indicate the presence of a diamond stability field and diamond-bearing Kimberlite. In 2022, Karelian found a green diamond in the Kuhmo region of Finland, and subsequently submitted sixty garnets sourced nearby to Renaud Geological Consulting Ltd for testing in Canada. Karelian says the discovery "could be particularly significant as coloured diamonds, including green diamonds, sell for prices which can be multiples of those for clear colourless diamonds". Read More
(Alliance News) - Karelian Diamond Resources PLC on Monday said it now has official notice of a court date regarding land concessions needed to develop its Lahtojoki diamond mine. 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
(Alliance News) - The following is a round-up of earnings for 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 Wednesday and Tuesday and not separately reported by Alliance News: Read More
Karelian Diamond Resources PLC - Announces that indicator mineral and microprobe analysis results from a stream sampling programme in Northern Ireland confirms the prospectivity of the company's licence area for nickel, copper and platinum group metals. Explains the sampling programme was a follow up to an earlier sampling programme which suggested the potential of the area for these metals. Says the results of this programme, taken in conjunction with results from the previous programme, indicate a highly anomalous river catchment area. This area has yielded five samples each having over 1,000 indicator minerals, company says, with the indicator minerals primarily chromite and forsterite with some chalcopyrite and gold grains. In addition, microprobe analysis on a number of chromite grains from samples taken showed that four samples had chromites with high zinc oxide values. Notes this can be a signature of sulphide rich nickel-copper group elements deposits. Plans follow-up programme. Read More
Karelian Diamond Resources PLC - Finland-focused exploration company based in Dublin - Starts follow up diamond exploration programme focused on excavation and drilling in the Kuhmo region of Finland. Chair Richard Conroy says: "I am delighted that a total of nearly forty kimberlite targets have been identified up-ice of the green diamond discovered by the company and that these targets will now be tested by excavation and in some cases by drilling. This programme marks a further major move forward in the exploration of the highly promising Kuhmo region of Finland in which the presence of diamonds has been confirmed in the best possible way by the company's discovery of a green diamond." Read More
(Alliance News) - Karelian Diamond Resources PLC on Friday said it will place 4.0 million new shares to fund exploration programmes in Finland and Northern Ireland, and has entered debt capitalisation and convertible loan agreements with Conroy Gold and Natural Resources PLC. Read More
(Alliance News) - Stocks in London were directionless at midday on Monday, in a quiet start to a big week for economic indicators and company earnings. Read More
(Alliance News) - Karelian Diamond Resources PLC on Monday said it is set to begin exploration programmes in both Finland and Ireland. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday. Read More