(MENAFN- ProactiveInvestors)While larger miners continue to take a kicking the smaller ones keep producing encouraging news. The latest resource update for Shanta Gold's (LON:SHG) flagship New Luika mine in Tanzania has increased the miner's confidence in its long term future it said. Infill drilling in January this year across nine holes at both the Bauhinia Creek (BC) pit and Luika increased confidence in underground mining at both of these deposits. Meanwhile Mariana Resources (LON:MARL) reported more high gold and copper grades from Hot Maden in Turkey and commissioned a maiden resource estimate to firm up the site's value. Metminco (LON:MNC) said it will produce over 765000 tonnes of copper and generate US$2.7bn in earnings over 17 years from the Los Calatos project in Southern Peru after it released the results of the latest mining study at the project. Elsewhere Medusa Mining (ASX:MML) met its production guidance for the year to end June it said revealing output was 98539 ounces of the yellow metal. In other news gold mine developer Ariana Resources (LON:AAU) has brought in £1mln via a share placing and subscription to further exploration at the Kiziltepe sector of its Red Rabbit project in Turkey. SolGold (LON:SOLG) has moved a second drill rig on site at Cascabel in Ecuador as its latest drilling showed more signs of copper. To potash where mine developer Sirius (LON:SXX) reshuffled its board to increase the number of independent directors in the wake of it receiving key approvals recently. Galantas Gold (LON:GAL TSXV:GAL) closed the lid on a placing that raised C$2.4mln (£1.2mln) and saw entrepreneur Ross Beaty snapping up a 15% stake. In other fundraising news diamond discoverer Golden Saint Resources (LON:GSR) has raised £250000 through a placing of shares at 0.08p. Away from mining ImmuPharma (LON:IMM) revealed that Lupuzor's registration with the US National Institutes of Health's ClincialTrials.gov web site has now gone 'live'. In other bioscience news fast-growing Horizon Discovery Group (LON:HZD) has confirmed it is to pump £10mln into its geared research & development business over a period of two years. VolitionRx (NYSE:VNRX) took a step towards commercialising its innovative colorectal cancer tests in the USA - through a deal struck with Global Specimen Solutions (GSS) a specialty clinical research organisation. In oil news Regency Mines (LON:RGM) shares surged as it revealed it was mulling acquiring interests in USA oil and gas projects with proven production. Meanwhile fund manager Beijing Sibo has been cleared to make an additional investment of US$22.1mln into Range Resources (LON:RRL). Elsewhere San Leon Energy (LON:SLE) non–exec Jeremy Boak has resigned to take a role at The University of Oklahoma. Oisin Fanning chairman said: 'Whilst Jeremy must obviously be impartial in his new role his knowledge will be available to us on an open basis when we need it.' In other energy news AFC Energy (LON:AFC) has agreed its first commercial power deal for its new facility at Stade in Germany. To the internet and WeddingWire the matrimony-themed online marketplace has registered a portfolio of 40 .wedding domains that will expand its brand and services online. The announcement is good news for Minds + Machines (LON:MMX) the operator of the .wedding top level domain. Elsewhere in the tech industry Globo (LON:GBO) has been recognised by a leading market research firm as a 'challenger' among the leading mobile app development platform (MADP) vendors. Finally Telit Communications announced that Yosi Fait President & Finance Director will present at the Oppenheimer 18th Annual Technology Internet & Communications Conference.
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