Thursday, May 17, 2012

Breakaway Resources gains exploration upside surrounding 7.5m silver ounce Altia project

Breakaway Resources has gained exclusive access to three advanced exploration targets within its Altia Project where strongly anomalous copper and high grade silver has been intersected adjacent to the current 7.5 million silver ounce Resource.

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  • Elemental Minerals CEO says there is "great potential" with its potash development

    Iain Macpherson, CEO of Elemental Minerals (ASX:ELM TSX:ELM), tells Proactiveinvestors that there’s a distinct “window of opportunity to...
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  • Pura Vida targets a billion barrels offshore Morocco

    Damon Neaves, MD of Pura Vida Energy (ASX:PVD), tells Proactiveinvestors that with the programme in place for this year there is a compelling...
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  • Dart Energy CCO talks about a “fantastic opportunity”

    Eytan Uliel, CCO at Dart Energy (ASX:DTE), tells Proactiveinvestors that there is a “fantastic opportunity in the unconventional gas...
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  • Mandalay Resources CEO says it aims to be debt free by year end

    Brad Mills, CEO of Mandalay Resources (TSX:MND) tells Proactiveinvestors that the company will continue with the current strategy of self...
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  • Peninsula Energy Chairman talks about production in 2012/13

    Gus Simpson, Exec. Chairman of Peninsula Energy (ASX:PEN) tells Proactive Investors that the company is moving closer toward development...
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  • Nyota Minerals CEO says 2012 looks very exciting for the company

    Richard Chase, CEO at Nyota Minerals (LON:NYO, ASX:NYO), tells Proactive Investors that the company is in the right place at the right time...
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  • Castle Peak Mining: Two numbers point to the quality of Ghana assets
    Two numbers point to the potential of Castle Peak Mining. These are five and 50. In short, there are five mines within a 50 km radius of the firm's Akorade project with a total of 50 mln ounces of gold reserves and resources.
  • Mkango Resources sees more good grades from Songwe
    Mkango Resources today reported more good grades from the latest drilling at its rare earth project at Songwe Hill in Malawi.
  •  Optiva Securities analyses opportunities in the gold sector
    Jason Robertson, Chief Analyst and Broker at Optiva Securities, tells Proactiveinvestors that there are a number of opportunities amongst small-cap gold stocks. Jason Looks at Goldstone (LON:GRL), Connemara Mining (LON:CON), Stellar Resources (LON:STG) ) and Cluff Natural Resources, a stock that is due to list later in May.
  • Nyota Minerals aims to produce gold by end of 2014
    Richard Chase, CEO of Nyota Minerals, talks about producing gold by the end of 2014, 100,000+ ounces of gold per year, 1.67 million ounces at 2.9 grams per tonne, extensions open in all directions, International Finance Corporation, first mover advantage, huge opportunities, and a very large landholding (May 2012).
  • Wednesday, May 16, 2012

    Tethys Petroleum sees potential to increase production from new oil field

    Tethys Petroleum (LON:TPL, TSE:TPL) has been awarded a new oil field in Uzbekistan, from which it says there is good potential to increase production. The Chegara field currently has limited production from three wells and lies 14 km south-west of the firm's existing North Urtabulak asset. It has been the subject of minimal drilling and...
  • Wednesday, May 16, 2012

    Soco International to begin production from second platform at TGT field this summer

    Soco International (LON:SIA) said a second production platform at the TGT field, offshore Vietnam, is on track to begin flowing oil this summer, increasing production from TGT to around 55,000 barrels per day. The company, which has assets in Vietnam and Africa, said production in the first four months of 2012 averaged 11,690 boepd net to the...
  • Wednesday, May 16, 2012

    Westminster Group opens new training academy in UK

    Westminster Group (LON:WSG) said the new academy opened in central England by its subsidiary Longmoor offers ‘tremendous potential' for the expansion of its training services. Longmoor, which is the close protection (CP) and risk assessment division of Westminster, has opened the academy in response to the increasing demand for its CP...
  • Tuesday, May 15, 2012

    Motive Television completes first milestone in tablet TV JV

    Motive Television (LON:MTV) said it has successfully completed its first milestone in the joint venture with Granite Broadcasting Corp to enable Television Anytime Anywhere over broadcast television to tablet devices.  Last month, the company completed the technical feasibility analysis and business plan which was approved by the JV.  In a...
  • Tuesday, May 15, 2012

    Renishaw reports positive start to final quarter, sees higher full year profits

    Renishaw (LON:RSW) topped the FTSE 250 leaderboard after telling investors that its full year profits are set to be ahead of the 2010/11 financial year. Investors cheered the update, sending shares in the measuring and medical device manufacturer up 12 percent to 1,500 pence in early deals, valuing the engineering group at £1.1...
  • Tuesday, May 15, 2012

    Kasbah Resources secures major tin project Achmmach in Morocco

      Kasbah Resources (ASX: KAS) has taken the final step in securing the Achmmach Tin Project, with the transfer of the exploitation permits to the company's Moroccan subsidiary now complete.Achmmach is among the top five tin resources worldwide following a 150% increase and upgrade of the JORC Resource to 135,000 tonnes of tin in April. The...
  • Monday, May 14, 2012

    Obtala Resources begins harvest at Tanzanian farming project

      Obtala Resources (LON:OBT) announced a "major milestone" in the development of its agricultural joint venture in Tanzania - with first crops now being harvested. Canola crop is now being harvested with soya also underway, the firm said. The company plans further havesting of groundnut, sunflower and sesame. Obtala chairman Francesco...
  • Monday, May 14, 2012

    Wasabi Energy says demand for Kalina Cycle technology continues to grow

      Power specialists Wasabi Energy (LON:WAS, ASX:WAS) is continuing discussions with major groups across the globe about its Kalina Cycle technology. The demand for the firm's technology continues to grow and it is confident of meeting its growth targets, it said, as it released a corporate update on its major projects and investments...