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Proactive weekly mining highlights: Shanta Gold Limited, Cobra Resources PLC, Cornish Lithium, W Resources PLC... proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.
Red Rock Chairman Andrew Bell comments : As a Jupiter shareholder, as well as a royalty holder on the Mt Ida asset, Red Rock welcomes this announcement, which comes at a time when iron ore prices have established a higher trading level than for some years and strong demand seems likely to be sustained. Based on the valuation and performance of its comparators in the Australian market, Juno appears to have good prospects upon listing. Further Information The Central Yilgarn Iron Ore Project consists of (a) the Mt Ida magnetite deposit, where a 1.23 bn ton JORC compliant Indicated Resource of 29.79% Fe in its Central Zone, capable of beneficiation to a 66.65% concentrate, and a JORC compliant Inferred Resource of 615m tons at 28.86% in the Northern and Southern Zones, was announced by Jupiter on 8 January 2013, and (b) the Mt Mason DSO haematite deposit, where Jupiter announced a 5.9m ton Measured and Indicated Resource of 60.1% ....
Proactive news headlines: Quadrise Fuels International PLC, Canadian Overseas Petroleum Ltd, Cobra Resources PLC , Evgen Pharma PLC … proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.
We last reported to you in March in announcing our interim results, when we already had to consider what the impact of the Covid-19 pandemic might be on the world s economy, on commodities, and on our activities in the various countries in which we operate. This has remained a consideration as the year progressed, but the impact on the Company has been mitigated by amending our programmes so that they fell within what was permissible and practicable for our local teams. Nowhere were we brought to a complete halt. Currently a ground geophysics field programme is under way in Congo, and in 2021, ground exploration activities will begin once again in Kenya. In both Australia and Kenya, community engagement activities have already begun in preparation for exploration activities. ....