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Proactive weekly mining round-up: Ferro-Alloy Resources Ltd, Nord Gold PLC, Rio Tinto PLC...


Proactive weekly mining round-up: Ferro-Alloy Resources, Nord Gold, Rio Tinto .
A snapshot of some of the week s stories from the mining sector
Ferro-Alloy Resources Ltd (LON:FAR) shares were boosted as it banked investment from Vision Blue Resources, named its next chairman and provided an update on its Balausa vanadium concentrate project in Kazakhstan.
Vision Blue has made a US$1.6mln investment in the company, taking its total investment US$3.1mln.
Sir Mick Davis has been appointed as chairman, due to start after June 3. The company noted that Davis was formerly head of Xstrata Alloys, one of the world’s largest vanadium producers. ....

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Metal Tiger Plc makes fresh investment in copper-gold explorer Artemis Resources


Metal Tiger makes fresh investment in copper-gold explorer Artemis Resources
The proceeds of the A$7mln Artemis share placing are earmarked for exploration drilling in the Pilbara region of Australia.
Metal Tiger PLC (LON:MTR) has made a fresh investment in Aussie copper-gold explorer Artemis Resources Limited (ASX:ARV), participating a well supported share placing.
The AIM-quoted firm has subscribed for 12.5mln shares in the Artemis placing, which was priced at 6 Australian cents per share. The A$750,000 investment increasing Metal Tiger’s Artemis shareholding to 14.35mln shares, or 1.15% of the company.
Metal Tiger noted that the Artemis funding saw strong demand from institutional investors. ....

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Proactive headlines: Jubilee Metals Group PLC, Faron Pharmaceuticals Oy, Redx Pharma PLC…


Proactive headlines: Jubilee Metals, Faron Pharmaceuticals, Redx Pharma…
A look at some of the main headlines from the Proactive newswire
Jubilee Metals Group PLC (LON:JLP) said it entered into long-term PGM (platinum group metals) feed supply agreement with a chrome mining customer, signalling Jubilee s PGM expansion into the Eastern Limb of the Bushveld Complex in South Africa.
Faron Pharmaceuticals Oy (LON:FARN, First North:FARON) said research has been published supporting the immunotherapeutic blockade of Clever-1 to activate anti-tumour immune responses in advanced cancer patients.
Redx Pharma PLC (AIM:REDX) said its second wholly-owned molecule has now entered the clinic. Candidate RXC007, which is being developed to treat fibrosis, will be administered to healthy volunteers to assess its safety and tolerability and also the way it interacts with the body. ....

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