Top partnerships and healthy funding set to extend Eco Atlantic bull-run – strike while the iron is hot ECO

Since it listed on AIM in February last year Eco Atlantic’s (LSE:ECO) share price has been on a relentless rise. Even the recent volatility in markets has done little to dampen the mood. In just 12 months, the exploration oil & gas firm has found itself attracting the attention of the sector’s major players, including…

Copper recovery, rapid newsflow, and production potential make Asiamet a strong resources punt (ARS)

Indonesia-focused resources firm Asiamet (LSE:ARS) is currently making its first significant step towards becoming a low-cost copper producer by completing a feasibility study on BKM, its high-quality, highly-economic copper deposit. Against a background of rising copper prices, which is being fuelled by an approaching global deficit, the business is also making significant progress at its…

Hummingbird flies on stellar initial gold recovery (HUM)

Shares in gold producer and developer Hummingbird Resources (LSE:HUM) flew higher today after the firm announced better than expected gold recovery at its newly-opened Yanfolila Gold Mine in Mali. Yanfolila saw its share rise 5.8pc, or 2p, to 35.2p after announcing that the plant has been consistently achieving higher than design specification gold recoveries of…

Pembridge Resources rewards patience with $37.5m Canadian copper-gold-silver mine acquisition PERE

Following a seemingly quiet second half of 2017, mining-focused cash shell Pembridge Resources (LSE:PERE) has bounced back today with the acquisition of a copper-gold-silver mine. Pembridge will buy the Minto Cooper-Gold-Silver Mine from Capstone Mining Corporation for a cash payment of $37.5m and a share payment which will total 9.9pc of the issued share capital,…

Thor Mining battered by Kapunda resource estimate, but low grades suit leaching project down to the ground THR

The old adage ‘buy the rumour, sell the news’ claimed Thor Mining (LSE:THR) as another victim this week, with the resources firm taking a drubbing on AIM after announcing an inferred resource estimate at its Kapunda copper project. In its update, Thor reported that the South Australian project, in which it holds a 45pc interest,…