Ariana Share News (AAU)

Ariana Information

Buy AAU Shares
Add AAU to Watchlist
Add AAU to Alert

Share Price Information for Ariana (AAU)

Share Price is delayed by 15 minutes

Get Live Data

Share Price: 2.25

Bid: 2.20

Ask: 2.30

Change: -0.05 (-2.17%)

Spread: 0.10 (4.545%)

Open: 2.275

High: 2.275

Low: 2.25

Prev. Close: 2.30

Last checked at -

Ariana Resources Says Progress Made On Construction Of Kiziltepe Mine

Wed, 13th Apr 2016 07:59

LONDON (Alliance News) - Ariana Resources PLC on Wednesday said progress has been made on construction work at the Kiziltepe mine within the Red Rabbit silver-gold project in western Turkey.

Ariana said the crushers and screen construction is substantially complete for the mine, with process plant foundations partially done and awaiting initial steel work installation. The mine administration, accommodation and canteen facilities are all complete, Ariana said.

Open-pit access development by the mining contractors is fully underway, the company said and several exploration drill holes have been planned to target the Arzu Central area of the project.

Ariana said the project remains on track for commissioning in the second half of 2016.

Ariana shares were up 3.9% to 1.35 pence.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

More News

21 Dec 2022 17:44

TRADING UPDATES: Homeserve takeover sanctioned; Ariana finds nickel

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

2 Dec 2022 19:33

TRADING UPDATES: Time Out eyes Riyadh; MTI Wireless wins deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued this week and not separately reported by Alliance News:

10 Nov 2022 21:19

TRADING UPDATES: Zambeef expects profit jump; Mobile Streams wins deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

10 Nov 2022 14:12

Ariana Resources upbeat on recent progress in Turkey

(Sharecast News) - Gold-focussed explorer and developer Ariana Resources updated the market on its Turkish projects on Thursday, which are 23.5% owned by the company through its shareholding in Zenit.

30 Sep 2022 22:02

EARNINGS SUMMARY: Echo Energy, Enwell Energy, Sivota revenue rises

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

7 Sep 2022 16:36

Ariana acquires exclusive earn-in option on Slivova gold project

(Alliance News) - Ariana Resources PLC on Wednesday announced that its 75% held subsidiary Western Tethyan Resources Ltd has acquired an option on the Slivova gold project in Kosovo.

2 Sep 2022 13:35

IN BRIEF: Ariana Resources provides GBP500,000 loan for Apliki project

Ariana Resources PLC - exploration firm with interests in Turkey, Cyprus and Kosovo - Provides convertible loan to Venus Minerals Ltd of GBP500,000 with a 10% coupon. Says loan will be used to progress the Apliki copper project in Cyprus. The firm recently provided an updated mineral resource estimate for the project. Venus holds management control of the project.

18 Aug 2022 11:51

IN BRIEF: Ariana Resources shares rise with upgraded resource estimate

Ariana Resources PLC - exploration firm with interests in Turkey - Says the updated mineral resource estimate for its Apliki copper project in Cyprus shows a global measured, indicated, and inferred resource of roughly 17 million tonnes at a grade of 0.3% to 0.7% copper. Says the project represents a developed open-pit with significant unmined resources available for modern extraction.

3 Aug 2022 15:57

TRADING UPDATES: Ensilica expects annual profit ahead of expectations

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

26 Jul 2022 14:47

IN BRIEF: Ariana Resources expands exploration footprint in Kosovo

Ariana Resources PLC - gold producer in Turkey and explorer Kosovo and Cyprus - Says 75%-owned Western Tethyan Resources Ltd is granted a further exploration license in Kosovo. The new Hertica license covers 58 square kilometres in north east Kosovo. It is prospective for copper and gold. Notes that Western Tethyan Resources has three other license applications in Kosovo awaiting approval by the Independent Commission for Mines & Minerals.

29 Jun 2022 12:45

IN BRIEF: Ariana Resources annual profit gets boost from disposals

Ariana Resources PLC - exploration firm with interests in Turkey - Posts a pretax profit of GBP7.7 million in 2021, up 51% from GBP5.1 million the previous year. Company says the main driver of this increase was the partial disposal of its interest in Turkey in February. Ariana reduced its 50% interest in the Kiziltepe mine and 100% interest in the Salinbas project to a collective 24%. Looking forward, company aims to advance its long-term interest in south-eastern Europe and to start investing in "high-impact early-stage exploration opportunities".

23 Jun 2022 21:28

TRADING UPDATES: FirstGroup extends takeover date; Tasty repays debt

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

23 Jun 2022 12:33

Ariana reports progress across its operations

(Sharecast News) - Europe-focussed gold explorer and developer Ariana Resources updated the market on its operations on Thursday, reporting that the Tavsan project development was being transitioned into the construction stage.

16 Jun 2022 11:53

IN BRIEF: Ariana Resources seals 12 drill holes at Tavsan in Turkey

Ariana Resources PLC - exploration firm with interests in Turkey - Says it has completed 12 geotechnical drill-holes at the Tavsan gold project in Western Turkey. 96 new holes have been drilled within the mineral resource area. Results received include 55 holes which intercepted gold mineralisation. Ariana says the primary objective of the 2021/2022 drilling programme at Tavsan was to provide infill drilling data, primarily into the measured and indicated categories.

3 May 2022 21:55

TRADING UPDATES: Vela, Standard Life Investments up portfolio value

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Latest Share Chat

Ariana Share News (AAU)

Share Price Information for Ariana (AAU)

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Ariana Resources Says Progress Made On Construction Of Kiziltepe Mine

Login to your account

Quickpicks are a member only feature

Login to your account