StockMarketWire.com - Alexander Mining's [LON:AXM] was one of the sector's biggest risers after subsidiary, MetaLeach, has been granted a patent for a method of oxidative leaching of molybdenum - rhenium sulfide ores and/or concentrates in Chile.

The patent will remain in force until 3 March 2031, and is directed to the MoReLeach technology, a sister technology to the company's HyperLeach technology.

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Trans-Siberian Gold [LON:TSG] has markedly improved its FY pretax profit to $6.6m, from $1.3m, on revenue down to $44.1m, from $46.2m.

HIGHLIGHTS:

- Production 37,984 oz. gold, 49,398 oz. silver, increases of 5.3% and 10.7% respectively

- Asacha plant processed average 13,437 tonnes per month, 3.0% increase

- Cost of sales per oz. gold $742, 13.0% reduction

- Cash cost per oz. gold sold $522, 11.8% reduction

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The sector's biggest riser was Ovoca Gold [LON:OVG] - down by more than 15.3% in late trading. The biggest fallers were Coal of Africa Ltd [LON:CZA] and Karelian Diamond Resources [LON:KDR] - down by more than 10.7% and over 10.5% respectively.


At 4:12pm:

[LON:AXM] Alexander Mining PLC share price was +0.02p at 0.12p

[LON:BEM] Beowulf Mining PLC share price was +0.18p at 4.43p

[LON:BKY] Berkeley Energia Ltd share price was 0p at 33p

[LON:CEY] Centamin PLC share price was +0.45p at 114.25p

[LON:CHL] Churchill Mining PLC share price was +1.38p at 23p

[LON:CZA] Coal of Africa Ltd share price was -0.52p at 4.38p

[LON:FDI] Firestone Diamonds PLC share price was 0p at 30.63p

[LON:FRES] Fresnillo PLC share price was +19.5p at 1216.5p

[LON:GEMD] Gem Diamonds Ltd share price was +3.88p at 143.38p

[LON:HOC] Hochschild Mining PLC share price was +8.25p at 163p

[LON:KDR] Karelian Diamond Resources PLC share price was -0.1p at 0.85p

[LON:KMR] Kenmare Resources PLC share price was +0.02p at 0.79p

[LON:OVG] Ovoca Gold PLC share price was +0.76p at 5.63p

[LON:TSG] TransSiberian Gold PLC share price was -3.5p at 37p

[LON:VED] Vedanta Resources PLC share price was -7.55p at 403.95p



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