Mining roundup

BHP Billiton (BLT) said all production and unit cost guidance remained unchanged for the 2017 financial year, but guidance for Olympic Dam was under review after a state-wide power outage in South Australia.

The miner reported a ramp-up of the Spence Recovery Optimisation project and additional capacity at Jimblebar in the quarter to 30 September.

It also reported positive drilling results following the discovery of oil in multiple horizons at the Caicos exploration well in the Gulf of Mexico.

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Thor Mining (THR) said laboratory analyses show tungsten elevated at two to three times background levels in the vicinity of the Molyhil Pinnacle and along the southern margin of the Gap Track prospect.

At Gap Track, a trend of elevated tungsten was apparent, reflecting the trend in elevated magnetic response, which was encouraging results at subdued levels.

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Kodal Minerals (KOD) requested a temporary withdrawal from the planning process for its non-core phosphate and titanomagnetite project in Southern Norway.

This was in line with its strategy to prioritise development of its high grade lithium projects in Mali and its wider gold portfolio in West Africa.

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W Resources (WRES) confirmed the first shipment of tungsten concentrate since plant start-up at La Parrilla, Spain in September, which was also W's first shipment to the US.

At 3:21pm:

(LON:BEM) Beowulf Mining PLC share price was -0.63p at 5p

(LON:BKY) Berkeley Energia Ltd share price was -0.25p at 48.75p

(LON:CEY) Centamin PLC share price was +0.85p at 147.85p

(LON:CHL) Churchill Mining PLC share price was -0.38p at 29.63p

(LON:CZA) Coal of Africa Ltd share price was +0.18p at 3.05p

(LON:FDI) Firestone Diamonds PLC share price was -1p at 54.5p

(LON:FRES) Fresnillo PLC share price was -2.5p at 1632.5p

(LON:GEMD) Gem Diamonds Ltd share price was +3.63p at 116.13p

(LON:HOC) Hochschild Mining PLC share price was +4.75p at 269.95p

(LON:KMR) Kenmare Resources PLC share price was -24.75p at 280.75p

(LON:VED) Vedanta Resources PLC share price was +9p at 659p