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Proactive news summary - Sunrise Resources, Noricum Gold, African Eagle and StatPro

Last updated: 10:18 20 Nov 2014 EST, First published: 11:18 20 Nov 2014 EST

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Metal miners were back in the headlines on the penultimate day of the trading week. 

Sunrise Resources (LON:SRES) has found high grade incidences of silver from very early stage work at its Bay State project in Nevada.

Armadale (LON:ACP) has made the first milestone payment for its Mpokoto gold development in the DRC following the recent scoping study upgrade.

Anglo Asian Mining (LON:AAZ) has decided to go ahead with a small scale flotation plant at its Gedabek gold mine in Azerbaijan to boost cooper output.

Noricum Gold (LON:NMG) has started drilling its second hole at Weissenbachgraben on its Schonberg prospect.

Amur Minerals Corporation (LON:AMC) has had its mining licence application for the Kun-Manie project approved by licensing agency Rosnedra and forwarded to the Ministry of Natural Resources.

The clinical research group Venn Life Sciences (LON:VENN) said its innovation division has started production of a material that mimics human skin.

African Eagle (LON:AFE) is making the switch from nickel in Tanzania to iron ore in South Africa.

OPG Power (LON:OPG) has started pre-commissioning of its new 300 MW Gujarat and 180 MW Chennai IV power stations in India.

Atlantic Coal’s (LON:ATC) senior executives are to buy out the remainder of financier Yorkville’s interest in the US –based coal producer.

Leyshon Resources (LON:LRL) is poised to acquire a 50.1% interest in International Tungsten Services (ITS), a private Korean company with an underground mine.

Titanium Capital Investments has invested £1.95 mln in Paragon Diamonds (LON:PRG) after exercising  a call option on 60mln shares held by Obtala Resources (LON:OBT).

A large, global asset manager has signed up for another five years to use StatPro Group's (LON:SOG) compliance solution, StatPro Composites.


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