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Fri, 13th May 2016 15:34
Serabi Mining, the Brazil-focused gold exploration company, says test drilling suggests the size of its Palito deposit may be 80% greater than first thought. The drilling programme, which began in late October and ran through to the middle of November, involved digging eight holes. Test results rec
Read moreSerabi Gold, the Brazilian focused exploration company, has discovered areas of geological interest in the results of its recently completed 2011 'Eastern Block' induced polarization (IP) ground geophysical survey in the Jardim do Ouro project. The results indicate a number of IP chargeability anom
Read moreLondon's leading share index went into the weekend on a high after falls the previous two days. Royal Bank of Scotland led the top share index higher after the FT reported that bank executives and officials at the Treasury are talking about ways for the bank to exit the toxic asset scheme. After
Read moreAfter yesterday's triple-digit fall the Footsie has clawed back around half of those losses, helped by a strong performance from miners. Weather conditions in Australia have improved enough to allow Rio Tinto to end the force majeure event that's disrupted supplies of aluminium from Boyne Smelters
Read moreAfrican Eagle's £3.7m placing at 15.5p a share was oversubscribed by new and existing institutional shareholders, the company said Friday. Chairman Euan Worthington said the firm, which is pinning its hopes on the Dutwa nickel project in Tanzania, had enough cash to complete a pre-feasibility study
Read moreLONDON (Dow Jones)--Serabi Mining PLC (SRB.LN) said Tuesday the current exploration program is focused on a number of promising geophysical anomalies highlighted by the 2008 airborne VTEM survey and subject to finalizing a drill contract and mobilizing, it will undertake an estimated 7,500 meters of
Read moreFootsie dropped into the red over the lunchtime session before crawling back into positive territory. Little seems capable of getting investors excited, with even the highly volatile BP having a relatively quiet day. Part-nationalised lender Royal Bank of Scotland is the best performing blue chip.
Read moreHigher production and improved margins helped ethanol producer GTL Resources more than double profits in the year to March 31. Pre-tax profits climbed to $32.9m from $14.5m the previous year on revenues that were up to $216.6m from $145.5m. Brazil-focused gold miner Serabi Mining has agreed to iss
Read moreLONDON (Dow Jones)--Serabi Mining PLC (SRB.LN), a resources company, said Wednesday it has entered into a conditional share subscription agreement with Eldorado Gold Corporation (ELD.LN) a Canadian-based gold producer with existing interests and operations in Turkey, China, Brazil and Greece. M
Read moreLONDON (Dow Jones)--Serabi Mining PLC (SRB.LN), an AIM-traded gold exploration and production company, said Monday that following a visit from a representative of the Instituto Brasileiro do Meio Ambiente e dos Recursos Naturais Renovaveis, or IBAMA, the Federal Environmental Agency, Serabi Mineraca
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