Thor Mining PLC (LON:THR) (ASX:THR) firm revealed that there is visible gold from sample panning of the second phase of gold, nickel, and chromium geochemical sampling at the 100%-owned Pilbara Goldfield tenements in Western Australia.
Highland Gold Mining Limited (LON:HGM) has agreed to a takeover offer from Fortiana Holdings Limited that values the group at just over £1bn or 300p per share.
European Metals Holdings Limited (LON:EMH) (ASX:EMH) highlighted “continued progress” at its Cinovec lithium and tin project in Czechia.
Metal Tiger PLC (LON:MTR) said Southern Gold, in which it owns a 17.1% stake, has drilled 720.46 metres (m) of at the Aphae project, while drilling of a fourth hole has now commenced at the Deokon project.
Pan African Resources plc (LON:PAF) the South Africa-based gold miner said the feasibility study for its Egoli underground mine suggests that a gold price of US$1,650 per oz, the project can generate US$131mln from a nine-year life.
Berkeley Energia Limited (LON:BKY) believes uranium market conditions could tighten, heightening concerns about future supply and potentially pushing up the price of the element.