News Results for African Eagle Resources (AFE)

Shares in Regency Mines (LON:RGM) rose by more than 11% after it announced a maiden JORC compliant mineral resource estimate for the Mambare nickel laterite project in Papua New Guinea. The...

African Eagle Resources has raised £9.5m from a placing and open offer. There was a placing of 200,000,000 new ordinary shares at 4p per share to institutional and other investors which yielded...

Galantas Gold (LON:GAL) shares were up modestly in late afternoon trading after it received drilling and channel sampling results for its Omagh gold property, near Omagh, County Tyrone. The...

Shares in DiamondCorp (LON:DCP) after development plan at its Lace mine were validated by an independent engineering report from SRK Consulting South Africa. It says the continuous trough block...

African Eagle Resources has revealed positive results from extensive hydrometallurgical test work on representative ore samples from its flagship Dutwa nickel project in Tanzania. The test...

African Eagle joint venture partner BrightStar has revealed high grade drill results at the Miyabi gold project in Tanzania. New results include 9m at 1.45g/t gold from 28m; 2m at 1.83g/t from...

Shares in Scotgold (LON:SGZ) were up by more than 7% in late afternoon trading after results from the Sron Garbh exploration programme in Scotland indicated the potential for an extensive...

African Eagle Resources is set to upgrade the the bulk of the Ngasamo deposit at its flagship Dutwa nickel project in Tanzania following new drill drill results. The new results confirm that the...

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Shares in Yamana Gold (LON:YAU) rose after it revealed a 29% jump in revenues on the back of record production of 1.10 million gold equivalent ounces in 2011. Revenues increased to $2.2bn while...

African Eagle has completed the first stage of an asset disposal programme to Syrah Resources and realised proceeds of A$695,120. African Eagle anticipates that the disposal of the remainder of...

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Sunrise Resources (LON:SRES) was the sector's biggest faller despite revealing high-grade results from analysis of drill core from its first drilling programme at the Derryginagh barite project in...

African Eagle Resources has closed the subscription agreement and issued 45,509,570 ordinary shares to IFC, a member of the World Bank Group, to raise £3.1m. Funds will primarily be used to...

African Eagle Resources has selected Lycopodium Minerals Pty as the engineer to prepare the bankable feasibility study at the Dutwa nickel project in Tanzania. At 9:04am: (LON:AFE) African Eagle...

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African Eagle Resources has selected SGS Metallurgy to perform the pilot-scale hydrometallurgical testing programme at the Dutwa nickel project in Tanzania. The pilot test work will be performed...

African Eagle Resources has selected atmospheric tank leaching as the metallurgical process method to be used at its flagship Dutwa nickel oxide project in Tanzania. The atmospheric tank leach...

Shares in Wessex Exploration (LON:WSX) were up by 3% in afternoon trading after the provisional award of varied interests in five 'promote' exploration blocks in the English Channel. Wessex and...

IFC - a member of the World Bank Group - has signed a subscription agreement for a 10% stake African Eagle Resources for an investment of approximately $5m. The money will be used primarily to...

African Eagle's (LON:AFE) shares rose by over 17% after its joint venture partner BrightStar Resources announced high grade gold results from its drilling programme at Miyabi gold project in...

African Eagle's joint venture partner BrightStar Resources has announced high grade gold results from its drilling programme at Miyabi gold project in Tanzania. BrightStar's latest results are...

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Shares in African Eagle Resources (LON:AFE) rose after it announced that IFC - a member of the World Bank Group - was planning to invest around $5m for a 10% stake. This is primarily to finance...

IFC - a member of the World Bank Group - is planning to take a 10% stake in African Eagle Resources through an investment of approximately $5m. This is primarily to finance the evaluation of the...

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Archipelago (LON:AR.) saw its shares rise after it revealed that it had started full production at its 95%-owned Toka Tindung gold mine in North Sulawesi in Indonesia. The company is now meeting...

African Eagle Resources has adopted a streamlined development programme for its Dutwa nickel project in Tanzania. The company said the main phase of resource upgrade drilling is complete and...

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African Eagle joint venture partner BrightStar Resources has announced further RAB drill results from the oxidised zone at Miyabi gold project in Tanzania. BrightStar has also mobilised an...

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Mining firm African Eagle Resources(LON: AFE) has appointed Andrew Robertson as Finance Director and Company Secretary. Robertson will join the Board of Directors with immediate effect and will...

African Eagle Resources granted 3 million share options to directors under the company's share option schemes on 5 October. The exercise price of 10p is 74% above the closing price of the...

African Eagle Resources posts operating losses of £744,959 for the six months to the end of June - up from £388,415 last time. The loss attributable to equity owners rose to £712,583 from...

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Shares in African Eagle (LON:AFE) rose after its joint venture partner BrightStar Resources discovered a substantial additional gold mineralised system at the Miyabi project in Tanzania. Results...

African Eagle joint venture partner BrightStar Resources has discovered a substantial additional gold mineralised system at the Miyabi project in Tanzania. Results include 9 metres at 0.89g/t Au...

African Eagle Resources has appointed Trevor A. Moss as a Director and CEO designate. He will join the Board immediately and will become full-time CEO of the company at the beginning of December,...

Shares in Randgold Resources (LON:RRS) after gold production for the three months to the end of June was up by 33% quarter on quarter and 97% on a year ago. The company said this was on the back...

African Eagle Resources has received promising results on drill core samples from the Dutwa nickel deposits in Tanzania. The results of of mineralogical investigations by the London Natural...

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Galantas Gold (LON:GAL) saw its shares jump by 20% after it announced a record quarter by its wholly-owned subsidiary Omagh Minerals. Omagh Minerals - which operates the only gold mine in Ireland...

African Eagle Resources has issued 239,000 shares after employees exercised share options. At 3:37pm: (LON:AFE) African Eagle Resources share price was -0.12p at 9.88p Story provided by...

Greatland Gold's (LON:GGP) shares fell despite what it described as encouraging results from its Warrentinna project in Tasmania. It said recent drilling has confirmed additional mineralisation...

African Eagle is making good progress on the definitive feasibility study for the Dutwa nickel project. African Eagle says Dutwa is a unique nickel project with a JORC resource of 99 million...

At 8:05am: (LON:AFE) African Eagle Resources share price was +0.13p at 7.75p Story provided by StockMarketWire.com

DiamondCorp was one of the strongest risers among very few gainers in the sector. DiamondCorp (LON:DCP) announced that it had raised £3.48m through the placing of 26,794,397 new ordinary shares at...

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African Eagle Resources has received a updated economic modes for its Dutwa nickel project in Tanzania. The latest model from independent engineering consultant Simulus evaluates both of the ore...

At 7:37am (LON:AFE) African Eagle Resources share price was -0.38p at 10.25p Story provided by StockMarketWire.com

MWB has increased its stake in African Eagle Resources to 8.18%. African Eagle said it had been notified by MWB that it had increased its shareholding to 31,480,761 ordinary shares. Story...

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African Eagle Resources has announced a significant resource upgrade at its Dutwa nickel project in Tanzania. The upgrade, by independent geological contractors the Snowden Group, places more...

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Anglo Pacific has increased its shareholding in African Eagle Resources to 23,075,000 ordinary shares - 6% of the total voting rights. Story provided by StockMarketWire.com

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African Eagle Resources has received a new economic model for its Dutwa nickel project with significant improvements over the scoping study completed 18 months ago. The model from independent...

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African Eagle's internal deposit modelling at its Zanzui project in Tanzania has demonstrated the potential for a significant nickel oxide deposit, based on initial drilling. And it says the...

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African Eagle Resources is selling its non-core uranium division to Jacana Resources for A$1m in shares and cash under a vend-in deal. The payment will be made in two tranches - A$200,000 in...

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African Eagle Resources reports continuing progress on the pre-feasibility work at the Company's Dutwa nickel project in Tanzania. A revised resource estimate indicates a 13% increase to 917kt in...

African Eagle Resources has unveiled 'very favourable' results from its drilling programme at the Zanzui nickel project in Tanzania. The firm says the results indicate significant nickel and...

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Mark Parker, Managing Director, bought 263,443 shares in the company on the 13th July 2010 at a price of 3.75p. The Director now holds 4,297,300 shares. NOTE: Story provided by StockMarketWire.com

New resource estimates at African Eagle's Dutwa nickel project have exceeded the firm's expectations. Managing director Mark Parker said the new estimates tripled the tonnage and more than doubled...

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African Eagle has reported 'exceptional results' from column leach tests at the Dutwa nickel project in Tanzania. Managing director Mark Parker said the firm was delighted with the results of the...

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African Eagle's annual general meeting will be held at the company's office at 2nd Floor, 6-7 Queen Street, London, EC4N 1SP, on 15 June at 2 p.m. Story provided by Business Financial Newswire

Africa Eagle is "extremely pleased" with the drill results from Ngasamo Hill, part of its Dutwa nickel project. Managing director Mark Parker said the results revealed a deposit which was...

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Full year pre-tax losses at African Eagle Resources fell to £1.2m - down from £5.5m last time. Operating losses for the year to the end of December fell to £1.2m from £6.1m and the firm had cash...

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Australian explorer Peak Resources is acquiring African Eagle's 75% interest in the advanced Igurubi gold exploration project in the Lake Victoria goldfield in Tanzania. Peak will issue...

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African Eagle says the first assay results from its drilling programme at the Ngasamo Hill deposit indicate it contains similar nickel grades to those at the main Dutwa deposit, but over greater...

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African Eagle's decision to concentrate on nickel projects have been more than vindicated by Dutwa in Tanzania which continues to yield positive results, chairman Euan Worthington claims. He said...

African Eagle says that initial tests from the Dutwa nickel project in Tanzania are extremely encouraging showing very fast reaction kinetics and confirming the good nickel extraction and...

African Eagle says it has received a second batch of assay results from its drilling programme at the Dutwa nickel project in Tanzania. Story provided by Business Financial Newswire

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African Eagle has completed its drilling programme to define the margins of the Wamangola Hill deposit at the Dutwa nickel project in Tanzania. The firm said it had received preliminary assay...

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African Eagle has made significant progress at its Dutwa nickel project in Tanzania. The firm says the drilling programme started and metallurgical test work is well advanced. Managing director...

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African Eagle Resources says that Chairman John Park is to step down with immediate effect. He is being replaced by Euan Worthington who has been appointed as Non-Executive Chairman with...

African Eagle Resources' open offer was oversubscribed. After scaling back, the offer raised £2,136,700 and 53,417,500 shares have been issued at a price of 4p each. And it said the...

African Eagle Resources' acid leach tests on drill samples from its Zanzui nickel laterite project in Tanzania show promising results. The results show nickel extractions, averaging 71% on a...

African Eagle Resources is raising up to £3.8m to fund a nickel feasibility study and increase working capital. The firm is raising £1.2m through a placing of 30,804,500 new shares and up to...

While the FTSE All Share Mining index had risen 31% by the end of April, the junior mining sector offered an even better return, says the broker. Its AIM Mining index rose 22.5% in April and was up...

Plunging metal prices increased operating losses at African Eagle Resources to £6.1m - up from £1.4m in 2007. But chairman John Park believes the first signs of a recovery are already apparent...

African Eagle Resources has signed an option on the Ngasamo licence, adjacent to the Dutwa nickel laterite project in Tanzania. African Eagle said it had signed a letter of intent for an...

African Eagle Resources plc has awarded the contract for an economic scoping study of the Dutwa Nickel laterite project to Australia-based GRD-Minproc. The study will assess the economic...

African Eagle's share price soared 122% today to 2.5p after reporting excellent results from both drill tests at its Tanzanian Dutwa nickel laterite project and acid leach tests at Mintek in...