Savannah Resources Hopeful As Scout Drilling Ends At Jangamo
2nd Jul 2014 09:17
LONDON (Alliance News) - Savannah Resources PLC said Wednesday that the visual heavy metal sand mineralisation it has seen from the drilling programme at its Jangamo project in southern Mozambique have been "highly encouraging" so far. The company has completed over half of its planned 4,00 Read More
LONDON (Alliance News) - Savannah Resources PLC Friday said it has started a new drilling programme at its Jangamo heavy mineral sands project in Mozambique. AIM-listed Savannah Resources said a 4,000 metre reverse circulation drilling programme is underway to define the prospectivity of Ja Read More
LONDON (Alliance News) - Savannah Resources PLC Friday said its pretax loss widened in 2013 despite largely flat expenses, as impairment charges hit the company. The minerals exploration and development company, which is yet to post any revenues, said its pretax loss widened to GBP2.0 milli Read More
LONDON (Alliance News) - <strong>Lloyds Banking Group</strong> kicked off the first-quarter bank earnings season Thursday, reporting that its pretax profit dropped by a third to GBP1.37 billion after last year was buoyed by gains on the sale of government securities.<br /><br />However, its un Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.<br />-------<br /><strong>FTSE 100 - WINNERS</strong><br />-------<br /><strong>Lloyds Banking</strong> Group, up 4.8%. The banking group is the biggest riser in the Read More
LONDON (Alliance News) - Savannah Resources PLC saw its shares rise Thursday after it said it had paused drawing down funds from its facility with the Bergen Global Opportunity Fund LP for 30 days due to the general share market conditions for junior resources companies. In a statement, the Read More
LONDON (Alliance News) - Savannah Resources PLC Thursday said it has received positive results from its ground magnetic survey at the Jangamo heavy mineral sands project in Mozambique. The minerals exploration and development company said the test, which was carried out over anomalous drill Read More
LONDON (Alliance News) - Savannah Resources PLC Thursday said further testwork has defined high grade zones of heavy minerals at its Jangamo heavy mineral sands project in Mozambique. The minerals exploration and development company said further analysis of samples collected on its 1,812 me Read More
LONDON (Alliance News) - Savannah Resources PLC said Thursday that it had raised USD6.3 million in a private placing to fund its acquisition of interests in the Oman Copper Belt. It will place USD5.9 million in shares, and issue a USD400,000 unsecured convertible instrument to Bergen Global Read More
LONDON (Alliance News) - Savannah Resources Thursday said it has started a ground magnetic survey at the Jangamo heavy mineral sands project in Mozambique. The minerals exploration and development company said a two-week ground geophysics programme is now underway at Jangamo in order to mor Read More
LONDON (Alliance News) - Alecto Minerals PLC said Friday it has enhanced its existing gold portfolio in Mali with the acquisition of the total issued share capital of Savannah Resources PLC subsidiary, NewMines Holdings Limited. Aletco's existing gold portfolio is Mali includes its flagship Read More
LONDON (Alliance News) - Savannah Resources PLC Monday said it has raised GBP1.5 million through the placing of 20 million shares at a price of 7.5 pence per share. The exploration and development company said it is now in a strong cash position of over GBP2.0 million following the placing, Read More
LONDON (Alliance News) - Shares have opened mixed Monday despite a strong lead from Asian markets, as tensions in Ukraine continue to concern investors.<br /><br /><strong>Kentz</strong> Corp said its pretax profit increased in 2013 driven by revenue growth at its Technical Support Services di Read More
LONDON (Alliance News) - Savannah Resources PLC Thursday said follow-up analysis of samples at its Jangamo heavy minerals sands project in Mozambique have confirmed broad zones of heavy minerals. The exploration and development company said assay results confirm broad intersections of heavy Read More
LONDON (Alliance News) - ITV reported higher profits and revenues for 2013 and gave a bullish outlook for 2014, but has seen its shares punished Wednesday after it failed to increase its special dividend. The television company raised its total dividend for 2013 to 3.5 pence, from 2.6 pence Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Weir</strong> Group, up 6.5%. Despite reporting a fall in profit and revenue fo Read More
LONDON (Alliance News) - Savannah Resources PLC Wednesday said it has made two executive appointments, Paul O'Donoghue as country manager in Mozambique and Durair A'Shaikh, a geologist with over 18 years experience. The Mozambique-focused mineral sands company said O'Donoghue is a founder o Read More