Lon Als News Today

Altus Strategies plc (LON:ALS – Get Rating) insider Matthew Grainger acquired 7,000 shares of Altus Strategies stock in a transaction that occurred on Wednesday, June 15th. The stock was acquired at an average price of GBX 50 ($0.61) per share, with a total value of £3,500 ($4,248.09). Altus Strategies stock opened at GBX 47.50 ($0.58) […]

Altus Strategies acquires cash-paying royalty on Chilean mine for $34.1m; secures $29m acquisition loan facility from La Mancha

28 May 2021 | 13:27pm StockMarketWire.com - Altus Strategies has raised £7.7 million in an over-subscribed placing, helping the mining company boost cash reserves in the first quarter. The net proceeds of this are being used to accelerate gold exploration programmes in Egypt and Mali. Elsewhere, in the three months to 31 March 2021, cash balance were built up to £7.4 million. This was despite a cash outflow of £1 million from operating activities. Operationally, the company was awarded four...

Altus Strategies (AIM:ALS) – 17,500m drilling programme starts at Diba eyeing MRE expansion Beowulf Mining* (AIM:BEM) – MRE upgrade results in 12.5% resource increase at Kallak Bluejay Mining* (AIM:JAY) – Drilling starts at Enonkoski in jv with Rio Tinto Chaarat Gold (AIM:CGH) – Updated Tulkubash BFS IronRidge Resources* (AIM:IRR) – Additional high-grade intersections reported adjacent to ELP Mkango Resources* (LON:MKA) – Mkango Q1 results announcement looks for completion of Songw...

18 February 2021 | 10:04am StockMarketWire.com - Altus Strategies said drilling of the strike length of the FT Prospect had been extended by at least 150m, to beyond 3km at the Tabakorole gold project in southern Mali, following encouraging initial results. Altus held a 49% equity interest and 2.5% net smelter return royalty on the project. Intersections included 2 grams per tonne of gold of 23 meters in length from 178 below the surface; 1.24 g/t over 24m from 13m below surface and 0.81 g/t o...

7 January 2021 | 08:49am StockMarketWire.com - Mining royalty company Altus Strategies hailed encouraging initial results from the ongoing drilling programme at its 100% owned Diba gold project located in western Mali following broad high-grade gold intercepts at the mine. Several intersections were encountered including 22.11 grams per tonne of gold over 6 meters from 89 meters below the surface. Two new zones were discovered at the Diba NW prospect, 800m northwest of Diba Deposit. Further ass...