Caledonia Mining, Rome Resources, Oriole Resources, Mosman Oil and Gas - Resources Week in Review
Published: 03:00 17 May 2025 EDT
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) saw profits and earnings jump in Q1, helped by higher gold output and strong prices. It’s reinvesting that cash into upgrades at Blanket mine and pushing forward exploration at Bilboes and Motapa.
Rome Resources Plc (AIM:RMR) has restarted drilling at its Mont Agoma site in the DRC, targeting deeper tin zones. New assays back its copper-zinc-tin model, with more results due from late June.
Oriole Resources PLC (AIM:ORR) has posted its best-ever drill results at Mbe, with over 85 metres of strong near-surface gold. It’s also boosted Bibemi’s resource to 460,000 ounces, up 23% on the last estimate.
Mosman Oil and Gas Ltd (AIM:MSMN) has kicked off helium drilling in Colorado, upping its stake in Billy Goat to 90%. High helium prices and nearby infrastructure make this a fast-track development opportunity.
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