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Ortac Resources (OTC) Share News

Ortac Resources Confirms High-Grade Copper In Eritrea Drilling

13th May 2014 12:42

LONDON (Alliance News) - Ortac Resources Ltd Tuesday said the second batch of assay results from drilling at its Yacob Dewar prospect in Eritrea has confirmed high-grade copper in the region and shows good gold results. The natural resource development company said the second period of dril Read More

Ortac Resources Notes Complaints Against Underground Mining Plan At Sturec

8th May 2014 13:46

LONDON (Alliance News) - Ortac Resources Ltd Thursday said the District Mining Bureau in Slovakia has received complaints against its application to begin underground mining in its mining license area at its ?turec deposit. The natural resource development company said the matter has now be Read More

Ortac Resources Ups Investment In Andiamo Exploration To 25%

28th Apr 2014 07:52

LONDON (Alliance News) - Ortac Resources Ltd Monday said it has increased its investment in Andiamo Exploration Ltd, following encouraging results in copper mineralisation intersected by Andiamo's previous drill programmes. The natural resource development company said it has increased its Read More

Ortac Strategic Partner Finds Gold At Ber Gebey In Eritrea

14th Apr 2014 07:29

LONDON (Alliance News) - Ortac Resources Ltd Monday said strategic partner Andiamo Exploration Ltd has received the results of a rock chip sampling programme across its Ber Gebey prospect, which showed gold values of up to 23 grammes per tonne. Ortax, which in January announced plans to acq Read More

Ortac Resources Gets Approval For Underground Mining At ?turec

7th Apr 2014 09:10

LONDON (Alliance News) - Ortac Resources Ltd Monday said the district mining bureau in Slovakia has approved its application to begin underground mining at its ?turec deposit. The natural resource development company said the approval is subject to mining activities being carried out in acc Read More

Ortac Completes Second Tranche Of Andiamo Investment

18th Mar 2014 12:27

LONDON (Alliance News) - Ortac Resources Ltd Tuesday said it has completed payment of the second tranche of its conditional subscription agreement with Andiamo Exploration Ltd. The natural resource development company said that, as a result of the further USD500,000 investment, its stake in Read More

Ortac Resources Notes The Start Of Drilling At Yacob Dewar

12th Mar 2014 10:32

LONDON (Alliance News) - Ortac Resources Ltd Wednesday said that Andiamo Exploration Ltd has started core drilling at its Yacob Dewar gold and copper exploration project in Eritrea. The natural resource development company said that the current drilling programme is designed to target shall Read More

Ortac Resources Says Andiamo Signs Contract For Drilling In Eritrea

3rd Mar 2014 11:27

LONDON (Alliance News) - Ortac Resources Ltd said Monday that Andiamo Exploration Limited, a company that it entered into a strategic alliance with in January, has signed a contract with Colonnade Mining Group Ltd for a drilling programme in Eritrea. The diamond core drill programme is expe Read More

DIRECTOR DEALINGS: Ortac Resources CEO Transfers Shares To Wife

27th Feb 2014 16:12

LONDON (Alliance News) - Ortac Resources Ltd said Thursday that Chief Executive Officer Vassillios Carellas had transferred 10 million shares to his wife. His wife subsequently sold 4.7 million shares at a price of 0.248 pence each and immediately repurchased 4.6 million shares at 0.25 penc Read More

Ortac Resources Holds Talks With Slovak District Mining Bureau Over Mining Application

21st Feb 2014 09:01

LONDON (Alliance News) - Ortac Resources Ltd Friday said discussions have been held regarding its trial underground mining application in Slovakia with the Slovak District Mining Bureau, Banska Bystrica. The natural resource development company said it met with the Bureau on February 18 at Read More

DIRECTOR DEALINGS: Ortac Resources Chairman Buys 2 Million Shares

12th Feb 2014 11:40

LONDON (Alliance News) - Ortac Resources Limited PLC Wednesday said Chairman Anthony Balme bought 2 million shares via his ISA at a price of 0.235 pence per share Tuesday. Following this transaction, Balme holds 174.4 million shares, which represents 6.93% stake in the firm. Shares in Read More

Ortac Resources Says Won't Be Hurt By Andiamo's New Option Deal

3rd Feb 2014 10:07

LONDON (Alliance News) - Ortac Resources Ltd Monday said its exploration partner has done an option deal for the exploration and development of the northern portion of the Haykota license area in Eritrea, but the agreement doesn't impact the areas that are the main focus of Ortac's interest in th Read More

Ortac Resources Executive Director Charles Wood Resigns

31st Jan 2014 16:55

LONDON (Alliance News) - Ortac Resources Ltd, the AIM-listed exploration and development company, said Friday that Executive Director Charles Wood has resigned with immediate effect. Shares in Ortac Resources closed Friday down 3.9% at 0.250 pence per share. By Rowena Harris-Doughty; Read More

DIRECTOR DEALINGS: Ortac Resources Chairman Buys 3.0 Million Shares

24th Jan 2014 09:47

LONDON (Alliance News) - Ortac Resources Ltd said Executive Chairman Anthony Balme bought 3.0 million shares in the company at a price of 0.255 pence per share on Wednesday. The natural resource exploration and development company said Balme now holds 169.4 million shares representing 6.73 Read More

UK MIDDAY BRIEFING: Royal Dutch Shell In Australian Asset Sell-Off

20th Jan 2014 13:13

LONDON (Alliance News) - <strong>Royal Dutch Shell</strong> Monday said it will sell its interests in the Australian Wheatstone gas projects in a USD1.14 billion deal, just a trading day after Friday's profit warning that caused its shares to tumble. <br /><br />The stock is again near the bot Read More

UK WINNERS & LOSERS: UK Banks Hit By Deutsche Bank Losses

20th Jan 2014 11:21

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday.<br /><br />-------<br /><br /><strong>FTSE 100 - LOSERS</strong><br /><br /><strong>Royal Bank of Scotland</strong>, down 2.2%, and <strong>Barclays</strong>, down 1.2 Read More

Ortac Resources Raises GBP500,000 In Placing

20th Jan 2014 10:20

LONDON (Alliance News) - Ortac Resources PLC Monday said it has raised gross proceeds of GBP500,000 by placing 200 million new shares at 0.25 pence each, funds it will use to strengthen its cash position and advance projects in Solvakia and Eritrea. Ortac Resources shares were down 7.3% at Read More

Ortac Resources Submit Preliminary Environmental Report In Slovakia

21st Oct 2013 10:20

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