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Forte Energy to raise £2.5 million to advance Mauritania & Guinea assets

  Africa focused uranium and rare earth explorer Forte Energy (LON:FTE, ASX:FTE) today announced it will raise £2.5 million through a share placing. It plans to issue 200 million new shares to new and...

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Forte Energy reveals encouraging drill results from Bohoduo uranium prospect

Forte Energy (LON:FTE, ASX:FTE) this morning revealed encouraging assays from the Bohoduo uranium prospect in Guinea. Bohoduo spans a total of 338 square kilometres and it is located 70 kilometres...

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UPDATE: Forte Energy increase Firawa uranium resource by 68 pct

  ---Adds broker comment and share price --- Forte Energy (LON:FTSE, ASX:FTE) this morning unveiled a 68 per cent increase in the resource estimate for its Firawa Project in Guinea. The inferred...

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Forte Energy increase Firawa uranium resource by 68 pct

  Forte Energy (LON:FTSE, ASX:FTE) this morning unveiled a 68 per cent increase in the resource estimate for its Firawa Project in Guinea. The inferred resource rises to 19.5 million pounds of the...

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Forte Energy share price weakness down to 'very poor market sentiment', says...

    Forte Energy’s (LON:FTE) current share price is a reflection of “very poor market sentiment towards the mining sector”, according to broker finnCap, which values the uranium explorer four times...

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Forte Energy to start scoping studies on prospects in Guinea and Mauritania

Forte Energy (LON:FTE, ASX:FTE) said it continues to make substantial progress as it reported on its second quarter to June 30 2012.Following a review of all results received during the completed field...

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Forte Energy: Survey unearths extensions to A238 project ahead of drill...

  Surveying of Forte Energy’s (LON:FTE, ASX:FTE) A238 uranium prospect in Mauritania has unearthed extensions of the main zone. This morning it revealed the findings of the high resolution ground...

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Forte Energy starts new round of drilling in Mauritania

  Uranium explorer Forte Energy (LON:FTE ASX;FTE) has started a reverse circulation (RC) drilling programme on its A238 deposit in Mauritania as it aims to double resources at the prospect. The...

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Next super cycle in the uranium mining industry is looming, RFC Ambrian believes

If you are looking to take a punt on a takeover prospect, the Uranium mining sector might be a good place to start, according to RFC Ambrian.“There is a clear disconnect in the Uranium industry....

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Forte Energy still discussing transaction

Forte Energy (LON:FTE, ASX:FTE) has revealed that advanced negotiations are continuing on a number of different transactions, which explains why trading in the company’s shares in Australia remains...

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Forte Energy agrees £10mln equity facility, deal talks ongoing

Uranium explorer Forte Energy (LON:FTE ASX:FTE) has  agreed a £10mln equity financing facility with Darwin Strategic, an arm of fund manager Henderson's Volantis Capital. Marc Reilly, Forte’s managing...

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Forte Energy expects assays from A238 programme in first quarter

  Uranium explorer Forte Energy (LON:FTE, ASX:FTE) expects to announce assays from drilling at its A238 prospect in Mauritania in the first quarter of 2013. The drill programme was started in November...

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Forte Energy talks come to an end

Uranium explorer Forte Energy (LON:FTE) has failed to agree terms over the deal it had been discussing for some weeks and the negotiations have ended. The company said it is continuing to assess...

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Forte Energy says drilling confirms mineralisation to north of A238

  Results from latest drilling on its A238 prospect in Mauritania showed mineralisation to the north of its existing resource, uranium explorer Forte Energy (LON:FTE) said. Drilling and assays results...

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Forte Energy gears up for drilling in Mauritania

  Forte Energy (LON:FTE, ASX:FTE) is getting ready to drill the highly prospective areas close to the A238 prospect and at Hasi Baida in Mauritania. The company, which will be drilling for uranium, has...

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Forte Energy well positioned to add to resource base

Drilling at highly prospective areas close to the A238 prospect and at Hasi Baida in Mauritania is due to kick off in the middle of May, Forte Energy (LON:FTE, ASX:FTE) told investors. Releasing first...

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Forte Energy secures US$1mln loan

Forte Energy (LON:FTE) has arranged a US$1mln loan two-year loan from the Dutchess Opportunity Cayman Fund. It has already received an initial draw-down of US$600,000. The loan carries interest at 8%...

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Forte Energy completes Mauritania drill programme

Uranium explorer Forte Energy (LON:FTE) has completed the NQ aircore drilling programme at Hassi Baida and to the south of the A238 prospect in Mauritania. Hassi Baida is a superficial calcrete area...

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Forte Energy to disclose acquisition details

Forte Energy (ASX:FTE, LON:FTE) will likely reveal details of an acquisition after it moves out of a trading halt.The halt will remain in force until Wednesday 10 July or when an announcement is...

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Forte Energy to disclose acquisition details

Forte Energy (ASX:FTE, LON:FTE) will likely reveal details of an acquisition after its shares return from a suspension of trading. The trading halt will remain in force until Wednesday 10 July or when...

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