Marula Mining (AQSE: MARU A2X: MARU), an African focused mining and development company, is pleased to announce that it will be presenting at the Aquis Showcase Event on Tuesday, 12 November 2024 at the Royal College of Surgeons, London.
Jason Brewer, the Company’s CEO, will deliver a presentation to attendees, and management will be available throughout the day to engage with investors. The Aquis Showcase Event is a one-day event where companies present and compete in an investment contest, to be judged by a panel of experts and the attending investor audience.
Neo Energy (LON: NEO) the near term, low-cost uranium developer, an update on its progress with the formal acquisition documentation in respect of its acquisition of a 100% interest in the Henkries South Uranium Project (‘Henkries South’) located in the administrative district of Namaqualand in the Northern Cape Province of South Africa.
As announced on 14 October 2024, the Company signed a binding agreement with South African uranium exploration company, Eagle Uranium SA (Pty) Limited (‘Eagle Uranium’) to acquire the Henkries South Uranium Project. The Company’s South African based lawyers are finalising the formal share sale and purchase agreement (‘Agreement’) for the acquisition of 100% of the Henkries South Uranium Project.
Ariana Resources PLC (AIM: AAU) announced a target of at least two million ounces of gold at its Dokwe project in Zimbabwe after an internal exploration data review. The current resource stands at 1.8 million ounces, but Ariana highlighted “excellent prospects” for increasing this through drilling in high-grade zones at Dokwe North, the Northwest flank, and open areas west of the Dokwe Central deposit.
Oriole Resources PLC (AIM: ORR) has reported the discovery of gold mineralization at Gamboukou, part of its Central Licence Package (CLP) of tenements in Cameroon. The junior mining company noted that this gold discovery emerged from a broader assessment of lithium mineralization potential within the CLP, following a site visit by consultancy Micon.
Amaroq Minerals Ltd (AIM, TSXV, NASDAQ Iceland: AMRQ) In Episode 2 of this documentary series, we follow Amaroq’s team as they traverse one of the planet’s most under explored regions, uncovering valuable insights into Greenland’s mining potential. With a commitment to local communities and a vision to transform Greenland into a global mining hub, Amaroq Minerals is unlocking new opportunities for sustainable development.
Successful Completion of 2024 Exploration Field Season: An independent mine development corporation with a substantial land package of gold and strategic mineral assets across in Southern Greenland, announces to that it has successfully completed its 2024 exploration programmes across its portfolio in South Greenland.
Bluebird Mining Ventures Ltd (LON:BMV) Optimo Capital Research Report; Announce that Optimo Capital Limited has published a research report on the Company following its recently announced funding.
The report is available to view on the Company’s website at:
https://bluebirdmv.com/wp-content/uploads/2024/10/Optimo-Capital-Research-Report-Oct-2024.pdf or at
https://www.optimocapital.co.uk/library-2
Bluebird has a Joint Venture development model in place with local in-country partners in South Korea and the Philippines, which have committed a cumulative c.US$9 million to advance its high-grade gold mines to production, providing a free carry for the Company. The strategy remains to develop the portfolio, which has an estimated 1.8M oz Au across three projects, to production, with the aim of becoming a producing entity with a long-term cumulative production target in excess of 100,000 oz Au per annum.
ECR Minerals plc (AIM: ECR) announced the results of rock chip sampling and trenching activities completed at the Lolworth Project, Queensland, focusing on gold and base metals exploration. ECR also provides an interim update in relation to the diamond drilling programme at its Tambo Gold Project in Victoria.
Adam Jones, ECR Chief Geologist said: ”These rock chip and trenching results from Lolworth further validate the significant potential that the Board sees in this substantial acreage Project. Not only are we uncovering gold, but we are now seeing significant traces of silver.
Zak Mir talks to Chris Chadwick, CEO of MetalNRG, in the wake of last week’s announcement that it has signed a binding sale and purchase agreement to acquire the entire issued share capital of Compagnie Minière de Oumejrane from Managem S.A.
The Acquisition will include 100% ownership of the Oumejrane copper mine, which is in production, cash generative and profitable in the Eastern Anti-Atlas of Morocco. OMF Fund IV SPV K LLC, a fund managed by Orion Resource Partners, has entered into a US$25,000,000 convertible loan note with MetalNRG, the proceeds of which will be used by MetalNRG to complete the Acquisition.
Empire Metals Ltd (AIM: EEE) announced the completion of its latest drilling program at the Pitfield titanium project in Western Australia, revealing extensive, thick zones of strongly weathered saprolite cap.
The collected samples will be used primarily for metallurgical testing, flowsheet development, and to pinpoint targets for the next phase of diamond core and reverse circulation drilling planned for 2025.
Alan Green talks to European Green Transition (AIM:EGT) chief executive Aiden Lavelle and CFO Jack Kelly to update us on the latest, including progress at Olserum, in Cyprus, and information on the cash position.
European Green Transition plc (listed on the AIM London Stock Exchange under the ticker “EGT”) is a business operating in the green economy transition space in Europe. EGT intends to capitalise on the opportunities created by Europe’s transition away from fossil fuels to a green, renewables-focused economy. The Company plans to expand its existing portfolio of green economy assets through M&A, targeting what it believes to be distressed and undervalued projects. EGT sees substantial opportunities to deliver value from its M&A pipeline, which includes critical material, wind, solar, processing and recycling projects.
Rome Resources Plc (AIM: RMR) reported further promising mineralization signs from ongoing drilling at Mont Agoma on its Bisie North projects in the DRC.
The latest findings indicate a notable increase in tin widths in the southeasternmost drill holes along strike and at depth.
Gold surged to a new record high as investors turned to the safe-haven asset amid growing market speculation that Donald Trump would win the U.S. election. The price of bullion reached an all-time peak of around $2,730 per ounce just two weeks before the election. Market sentiment has shifted, with rising bets on a Trump win. According to Polymarket, the Republican candidate has over a 60% chance of prevailing on November 5, compared to Kamala Harris’s 39%. Trump’s policies on tariffs, taxes, and immigration are viewed as potentially inflationary, making them unfavourable for bonds but supportive of the U.S. dollar. Additionally, he is perceived as more crypto-friendly.
Altona (LSE: REE), a resource exploration and development company focused on diversified critical raw materials in Africa, is pleased to announce the results of the geophysical and geochemical data assessment for the Company’s new Kabompo South copper project in Zambia, performed by Earthmaps Consulting (“Earthmaps”).
In other news, CleanTech Lithium PLC (AIM: CTL, OTCQX: CTLHF) has secured an extension for the US$1.25 million staged payment to the option vendors of its Laguna Verde project in Chile. Originally due on 21 October 2024, this extension provides CleanTech with additional time to finalize its listing process on the Australian Securities Exchange (ASX).
Marula Mining Negotiate JV on Lithium Sulphate Plant & Answer Shareholder Questions
Marula Mining is in advanced negotiations with a Chinese battery manufacturer to establish a joint venture for a lithium sulfate plant at the Blesberg lithium and tantalite mine in South Africa.
This plant, scheduled for commissioning in the second half of 2025, will process high-value ore with more stable revenue projections.
Asiamet Resources Ltd (AIM: ARS, OTC: KMGLF) announced after hours on Friday the successful completion of its $3.55 million equity raise, which included a $260,000 retail offering.
This retail offering followed last week’s announcement of a $3 million subscription from major shareholder PT Delta Dunia Makmur Tbk, alongside an additional US$295,000 investment from the company’s board members and management.
