Scotgold Resources has raised £3 million from a placing to double production and increase exploration during 2021 at its Cononish Gold and Silver Mine in Loch Lomond and Trossachs National Park. The company raised the funds before expenses by way of placing 2,727,273 depositary interests of no par value in the company (new ordinary shares) […]
Day: 15 November 2024
Galantas processes low grade stock as funding talks continue
Galantas Gold Corporation has reported its third quarter results on processing of concentrate at its Cavanacaw gold mine in Omagh, Co. Tyrone, Northern Ireland. The mine was closed on 26 May 2020 because of the pandemic and underground mining remains suspended. The Canadian company said that current processing utilised low grade stock and, between 26 […]
Geoscience to be promoted as UK faces skills shortage
The UK faces an industry skills shortage as the number of students studying geology at university has fallen by 43% since 2014. The Geological Society and has decided on five aims for a strategy of action following a summit in June to discuss reasons for the decline with 50 geoscience educators, academics, industry representatives, and […]
CSM research could predict rare earth element deposits
Pioneering research led by the Camborne School of Mines (CSM) could help geologists locate new concentrations of some the most valuable rare earth deposits. A team of geologists, headed by Professor Frances Wall from the CSM and including the Australian National University, has discovered a new hypothesis to predict where neodymium and dysprosium could be […]