IRISH exploration company MinMet is to sell its Bjorkdal gold mine in northern Sweden for $8 million (€6.6m).

The ISEQ index of Irish shares rose 54.47 points to 6795.3 today.

Mining and exploration company MinMet has reached agreement on the sale of its Bjorkdal gold mine in Sweden to Canadian company Gold Ore Resources for $8m (€6.5m).

MINING and exploration company Minmet has bought Overseas Oil & Gas Resources, a company with rights to acquire over 3,700 acres in north-east Texas and cash reserves of €2.2 million.

SHARES in Minmet Plc, the Dublin-based natural resources company, plunged 16% after saying it will cease pit mining at a site in northern Sweden.

MINMET, the international mining and exploration company, has announced strong results from its drilling operations in the Dominican Republic.

THE Irish Stock Exchange’s new specialist market will start off with eight companies when it opens for business next month, it was announced yesterday.

EXPLORATION company Minmet has signed a deal with Toronto-listed company North American Gold to advance work at its gold mine venture in northern Sweden.

The ISEQ index closed down 8.6 points at 6477.25 today.

ISEQ-listed mining company MinMet has announced that it is reducing its share in GoldQuest Mining Corp from 58% to 52.2%.

EXPLORATION group Ormonde Mining has taken over 100% ownership of the Tracia Gold Project in Spain. A first-phase drilling programme is in progress and suggests there could be high-grade gold deposits in the area.

It was a fairly poor day for the ISEQ, which fell 11.17 points to 6540.63.

It was a fairly poor morning for the ISEQ, which fell 24.23 points to 6527.57.

ISEQ-listed Ormonde Mining has announced that it has resumed its 100% ownership of the Tracia Gold Project in the north-west of Spain.

Mining and exploration group Minmet has discovered a new gold zone in the western Dominican Republic.

Exploration company Minmet has reported a drop in production from its Bjorkdal gold mining operation in northern Sweden last year.

Minmet reported positive news on its Norra gold project in Sweden yesterday.

Gold mining company Minmet plc has raised over US$1.5 million (€1.2 million) from a share placing with institutional and private investors in London and Dublin.

Mineral exploration company Minmet recorded a pre-tax loss of $1.7 million (€1.4m) in the six months to June. The company made a loss of $0.9m in the same period last year.

Exploration company Minmet has been successful in its applications to develop a series of mineral targets in central Sweden.

Irish mining and exploration company Minmet has started full in-pit mining at its Bjorkdal gold mine in northern Sweden.

Mining and exploration company Minmet said its GoldQuest subsidiary had completed a c$860,000 share placing, attracting investment from a subsidiary of South African gold giant Gold Fields.

Most of the major companies on the ISEQ saw a loss this morning, with the overall index falling 80.28 points to 5347.48 before 10.30am.

Gold Fields Latin America (BVI) Limited (Gold Fields), a wholly-owned subsidiary of Gold Fields Ltd of Johannesburg, has completed a CAN$860,000 (€530.400) private equity placement in ISEQ-listed MinMet's majority-owned subsidiary GoldQuest Mining Corp (GoldQuest).

Mining and exploration company Minmet said its spin-off company GoldQuest had started trading on the Toronto Stock Exchange.

International mining and exploration group Minmet has signed a joint venture with Canadian exploration company North American Gold to explore and develop gold projects in Finland.

Exploration company Minmet said it had completed the reverse takeover of Canadian group Wellington Cove Explorations, which has been renamed GoldQuest.

ISEQ-listed gold mining and exploration company MinMet plc has signed an agreement with Gold Fields Latin America

ISEQ-listed exploration and mining company Minmet has announced a 31% increase in the estimate of gold reserves at its Bjorkdal mine in northern Sweden.

International mining and exploration company Minmet, which is listed on the Exploration Securities in Dublin is to hold an informal investors' open day with five other associated international mining companies on May 6.

Exploration company Minmet has swung into profitability in 2003, as it established itself as a gold producer with a range of exploration interests throughout Scandinavia, the Dominican Republic and South America.

Exploration company Ovoca Resources has signed a preliminary agreement to set up a new joint venture company focused on gold exploration in Ireland in conjunction with MinMet and Aurum Mineral Resources.

ISEQ-listed exploration company Ovoca Resources said it has signed an agreement on the formation of a new joint venture (JV), focused on gold exploration in Ireland and Northern Ireland with MinMet and Aurum Mineral Resources (AMR).

International gold mining and exploration company Minmet has acquired a plant and equipment operator at its gold mine in northern Sweden for €1.3m.

AT this time of year we normally review the excellent performance of Ireland’s largest public companies and the dismal performance of the smallest.

Ovaca Resources, the ISEQ-listed mining company announced today at the company's AGM that it is in the process of finalising the acquisition of a number of licences in Sweden, with gold indications from Minmet.