NQ Minerals PLC (AQSE:NQMI) (OTCMTS:NQMLF) struck a deal this week to buy the Beaconsfield gold mine in Tasmania for an initial fee of A$2mln.
Ariana Resources PLC (LON:AAU) said its Kiziltepe mine in Turkey exceeded its production guidance in 2019. The mine, which is part of the Red Rabbit joint venture (JV) with Proccea Construction, produced 27,985 ounces of gold in 2019, which was comfortably above guidance of 25,000 ounces (oz) and up by around 12% on 2018.
ECR Minerals PLC’s (LON:ECR) chief executive said the company was considering “potential transactions" to create value in its projects in Australia.
Power Metal Resources PLC (LON:POW) saw a company owned by chief executive Paul Johnson by 1mln shares for £4,230.
Danakali Ltd’s (ASX:DNK) (LON:DNK) (OTCMKTS:SBMSF) non-executive chairman Seamus Cornelius demonstrated his confidence in the company’s sulphate of potash (SOP) strategy through an on-market share purchase. Cornelius purchased 62,960 shares on February 19 in a transaction valued at more than A$35,700.
Oracle Power PLC (LON:ORCP) agreed to jointly develop a lignite coal mine and associated power plant in Pakistan with the help of China National Coal Development and Dubai’s Sheikh Ahmed bin Saeed Al Maktoum.
Chaarat Gold Holdings Limited (LON:CGH) said it remains on track for first production from its Tulkubash mine in the Kyrgyz Republic late next year as it updated on the performance of its operation in Armenia.
Sunrise Resources PLC (LON:SRES) cut losses in its latest full year as its hailed “significant progress” in the development of its CS Pozzolan-Perlite project in Nevada, USA. For the year ended 30 September, the firm reported a loss of £301,738, lower than the £786,672 figure in the prior year, while it had also ended the year £27,069 in cash, although since then it has raised £200,000 in a share placing.
Salt Lake Potash Ltd (ASX:SO4) (LON:SO4) (FRA:W1D) (OTCMKTS:WHELF) signed a binding term-sheet for the sale of premium water-soluble sulphate of potash (SOP) from its Lake Way Project in Western Australia.
BlueRock Diamonds PLC (LON:BRD) raised £1.9mln in an oversubscribed placing and subscription to fast track a doubling of production at its Kareevlei mine in South Africa.
Panther Metals PLC (LON:PALM) lodged applications for four exploration permits covering its Big Bear gold project in Ontario, Canada, which will allow it to begin a core drilling programme.
Pure Gold Mining Inc. (CVE:PGM) (LON:PUR) appointed Maryse Bélanger, who has over 30 years of experience with senior gold companies globally, to its board of directors with effect from February 14.
Pan African Resources plc (LON:PAF) boosted gold sales by 13.6% to 90,602 ounces during the six months to December 2019.
AfriTin Mining Ltd (LON:ATM) completed its first sale of tin concentrate from the Uis tin mine in Namibia.
Conroy Gold and Natural Resources Plc (LON:CGNR) raised £302,500 through a share placing and subscription. The proceeds will be used to support exploration work at Clontibret, Clay Lake and Glenish which are located along the Orlock Bridge Fault in Ireland.
W Resources PLC (LON:WRES) put in place a €5mln facility with Banco Santander, with the firm to use the money to repay an existing €3mln loan from Caja Rural de Extremadura and to provide a net €2mln of additional working capital and liquidity.
Resolute Mining Limited (ASX:RSG) (LON:RSG) continued to grow its gold inventory with a further 2.5 million ounces added to total ore reserves and mineral resources in 2019 which now stand at 19.1 million ounces.
Kavango Resources PLC (LON:KAV) signed a joint venture agreement in respect of two prospecting licences situated in the Botswana section of the Kalahari copper belt.
Ormonde Mining plc (LON:ORM) completed the disposal of its 30% interest in the Barruecopardo tungsten mine and has received the €6mln in cash due as consideration.
Amur Minerals Corporation (LON:AMC) revealed the results of metallurgical tests conducted on the Kun-Manie nickel sulphide project by consultant Gipronickel with a view to establishing the feasibility of generating a saleable copper concentrate.
Bacanora Lithium PLC (LON:BCN) reached an agreement with the administrators of Solarworld AG to amend a joint venture agreement which relates to the Zinnwald lithium project in southeast Germany.
Pensana Rare Earths Ltd (ASX:PM8) committed to studying downstream processing of the high-grade magnet metal concentrate it plans to produce at the Longonjo Project in Angola.