Page 36 - Target Area News Today : Breaking News, Live Updates & Top Stories | Vimarsana

To date the Kalahari Suture Zone has shown intriguing similarities to the famous Norilsk deposit in Russia Kavango Resources PLC (LON:KAV) identified an electro-magnetic anomaly in Target Area A in the Hukuntsi section of the company's Kalahari Suture Zone project in Botswana. The anomaly appears to be a large conductive body that lies between 250 and 700 metres from surface and appears to sit within the lower parts of a gabbro "keel", as predicted by the company's  three dimensional underground model. Spectral Geophysics Ltd, which is conducting the surveys on behalf of Kavango, describe...

FTSE 100 closes 2% lower as coronavirus concerns hit sentiment Britain's blue-chip index finished down 140 points, or 2%, at 6,859 InterContinental Hotels among the day's fallers FTSE 100 closes down 2% Tobacco firms under pressure 5.05pm: FTSE in the red FTSE 100 closed firmly in the red on Tuesday as coronavirus (COVID-19) fears continued to dampen investor sentiment, while the strong pound didn't help the internationalised share index. Britain's blue-chip index finished down 140 points, or 2%, at 6,859. FTSE 250 also fell, shedding over 382 points, or 1.7%, at 22,108. "European...

Petra Diamonds in demand as gem prices recover A look at the major movers on the London market on Tuesday 3.08pm: Diamond company sparkles Petra Diamonds Limited (LON:PDL) has a bit of sparkle after its latest update. Its shares have added 3.33% or 0.05p to 1.55p after it reported a 16% rise in third quarter revenues to US$106mln, with prices back to to pre-COVID-19 levels. After the period end it sold what it calls an exceptional 11.82 carat blue stone for US$9.5mln and an exceptional 39.34 carat blue stone was recovered, to be sold via special tender. A successful capital restructuring ...

FTSE 100 in the doldrums as Wall Street opens in negative territory Companies FTSE 100 in the doldrums as Wall Street opens in negative territory The main indices in New York pulled back in early deals, following the trend set by global markets FTSE 100 down 86 points Tobacco firms under pressure 2.45pm: Wall Street opens in the red The main indices on Wall Street started Tuesday’s session in negative territory, following a similarly cautious trend set by global markets. Shortly after the opening bell, the Dow Jones Industrial Average was down 0.37% at 33,952 while the S&P 500 dropped 0.28%...

BlueRock Diamonds (AIM:BRD) – Q1 Production update highlights work towards higher throughput Cornish Metals* (AIM:CUSN) – Cuprite at United Downs IronRidge Resources* (AIM:IRR) – Additional high-grade intersections at Ewoyaa lithium project Kavango Resources (LON:KAV) – Electro-magnetic anomaly identified at KSZ project Mkango Resources* (LON:MKA) – Flotation pilot plant test-work completed Petra Diamonds (LON:PDL) –Q3 production and improving diamond market Rio Tinto (LON:RIO) – Q1 production performance maintains production guidance across all product groups Shanta Gold (AIM:S...