Altona Energy plc announced it was changing its name to Altona Rare Earths plc to reflect its new project interest. The mining exploration company was previously engaged in coal in Australia but during 2020 its focus moved to rare earth elements in eastern Africa. The company is also in the process of creating a new […]
Day: 15 November 2024
Conroy proposes joint venture with Turkish miner
Conroy Gold and Natural Resources plc said it had signed a letter of intent (LOI) with Demir Export, which could give the Turkish miner 57% of its gold exploration project on the Irish border. PROJECT INIS The move comes as the junior mining company also announced that discussions had ended on a proposed JV with […]
Scotgold lowers output guidance as it mulls Covid loan
Scotgold Resources Ltd slightly lowered its production guidance for March due to slow recruitment and training as the junior miner said it was considering a Covid-19 government loan. The Australian company said that the delay to production had resulted in a negative impact on the company’s cash position. Scotgold reported it had made some progress […]
Scotgold appoints Phillip Day as new chief executive
Scotgold Resources Ltd announced that Phillip Day (formerly Phillip Edward Day-Banner), aged 47, will be the company’s new chief executive following current CEO Richard Gray‘s retirement. The Australian senior mining executive, with a career spanning more than 25 years, is due to be appointed on 1 April 2021. Mr Day was most recently head of […]
Scotgold’s current and founding CEOs to step down
Scotgold Resources Ltd announced that chief executive Richard Gray will retire from his role with the company but will continue as non-executive director. Mr Gray has been with the company as CEO since October 2014 and oversaw Scotgold’s transition into a gold miner and producer. He will continue in his present role until 31 March […]