Alba Mineral Resources plc has been granted an extension to its exclusive exploration licence over the Clogau-St David’s gold mine in north Wales. Alba’s subsidiary, Gold Mines of Wales Ltd (GMOW), was originally awarded a six-year exclusive exploration licence, termed an option agreement, with effect from 10 February 2015. The licence covers 107 km² encompassing […]
Day: 15 November 2024
Condor Gold holds £8 million cash for La India
Condor Gold plc announced it now held net cash of £8 million to further drilling, production and expansion of mineral resource at its La India project in Nicaragua. The announcement follows an oversubscribed private placing which raised £4 million. bityl.co/5czD Condor Gold’s chairman and chief executive Mark Child said that the company issued new ordinary […]
Condor Gold raises £4 million via private placing
Condor Gold plc announced it has raised £4 million after placing 9,523,810 new ordinary shares in the company of 20p each (placing shares) at a price of 42p per placing share. The placing includes Condor Gold directors’ and chief financial officer’s subscriptions of 4,871,414 placing shares to raise in aggregate gross proceeds of £4,000,000 (placing) before expenses. The placing […]
Predator to investigate third well at Inniss-Trinity
Predator Oil & Gas Holdings plc said it had included a third well in its investigative work at the pilot enhanced oil recovery (EOR) assisted by carbon dioxide project (pilot CO2 EOR) in Inniss-Trinity field, onshore Trinidad. The company added that swab tests and investigation of two of the four wells originally selected to evaluate […]
Geologists unite for £4m Deep Digital Cornwall
Mining exploration companies in Cornwall will collaborate in a £4 million programme to gather fresh geochemistry and geophysical data for a new centre in the county. PARTNERS Cornwall Resources Ltd, a subsidiary of Australian miner Strategic Minerals, has been chosen for the Deep Digital Cornwall (DDC) project funded by the European Regional Development Fund. The […]
Predator starts drill preparations at Guercif
Predator Oil & Gas Holdings plc said it had started preparations for drilling at the MOU-1 well in its Guercif licence, onshore Morocco. The company’s operational planning for the MOU-1 well began on schedule and the construction of the MOU-1 well pad is due to be ready for April 2021. The AT-5X well is being prepared […]