A total of 400 million tonnes of industrial minerals, aggregates and other manufactured mineral products were produced in the UK during 2018 generating more than £5.8 billion in gross value added. Figures from the Mineral Products Association (MPA) industry also included industry turnover of £16bn and a further £597bn turnover in industries downstream. The association […]
Day: 15 November 2024
Cadence receives £25,000 via warrant exercise
Cadence Minerals plc announced it had received subscription monies of £25,500 following notices to exercise warrants for 300,000 new ordinary shares in the company at an exercise price of 8.5 pence per share.
Cornish Metals to raise £5m for United Downs project
Cornish Metals Inc has announced it intends to float its shares and raise £5 million for its United Downs copper-tin project in Cornwall. Subject to the funding, Cornish Metals aims to conduct an 8,000 metre drill programme at the site to define the resource potential over more than 1,000m strike length of the main target […]
Power Metal receives £79,956 through warrant exercise
Power Metal Resources plc received £79,956 following notices to exercise warrants over 7,995,600 new ordinary shares of 0.1 pence each in the company. The warrant shares are being issued pursuant to the exercise of 7,995,600 warrants at an exercise price of 1.0 pence per ordinary share of 0.1 pence each in the company.
United remains within guidance on production increase
United Oil & Gas has announced that production remained within guidance following an increase from its Abu Sennan interest, onshore Egypt. PRODUCTION The company holds a 22% working interest in the licence which is operated by Kuwait Energy Egypt. In its fourth quarter results for 2020, United reported its second half net working interest averaged […]