Beowulf Mining 27/08/2010
Sweden-focused Beowulf Mining will drill soon at its Routevare iron ore project after a 17% first-half loss increase to £222,000.
India-focused Oilex has pleased investors with a hefty reserve upgrade to between 248bn and 591bn cubic feet of gas at Cambay in Gujarat.
Sweden-focused Beowulf Mining will drill soon at its Routevare iron ore project after a 17% first-half loss increase to £222,000.
GGG Resources has increased its estimate of inferred gold resources at Bullabulling in Western Australia 450% to 1.98m oz.
After increasing estimated nickel resources at Dutwa in Tanzania by 145% to 845,000 tonnes, African Eagle hopes to have a bankable feasibility study ready by late 2011.
Industry sources say imminent resource estimates for Aussie energy counter Oilex's Cambay gas project in India could dwarf previous indications.
Discovery Metals has established an initial copper reserve of 313,300 tonnes at its Boseto project in Botswana.
Peru copper play Metminco says drilling has identified eight major targets in a cluster at its Los Calatos project.
Avocet Mining says drilling in the Souma Trend of Burkina Faso's Dynamite prospect in West Africa has yielded 'positive gold grades'.
Stellar Diamonds targets $1m (£660,000) monthly revenue late this year from Bomboko and Mandala in Guinea, but sees bigger rewards later from elsewhere.
Iron ore play African Aura Mining says airborne surveying has defined a major new target at Nkout in southern Cameroon.
Chromex Mining says it has received a preliminary bid approach worth £31m at 35p.
Zinc bulls should consider Herencia Resources, which expects a formal resource estimate for its Paguanta project in Chile in August or September.
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