Altus Strategies plc said a strategic review has been completed of the company’s 97% owned high-grade Bikoula iron project in southern Cameroon. The review was conducted by Mining Plus UK Ltd who looked at the processing, product specification, development and shipment options for the project’s development. Bikoula hosts a deposit with a historic independent JORC […]
Day: 15 November 2024
Conroy Gold aims to raise £2.25 million
Conroy Gold and Natural Resources plc said it hoped to raise £2.25 million to fund its exploration projects and its proposed joint venture with Turkish miner Demir Export AS. The metals mining company, focused on Ireland and Finland, will conduct a placing and subscription to raise some £1.87 million (before expenses). Conroy Gold will also […]
Cornish Lithium welcomes Government’s Integrated Review
Cornish Lithium Ltd has welcomed the support for domestic industries as outlined in the Government’s national security and international policy review. The 114-page Integrated Review of Security, Defence, Development and Foreign Policy looks at Prime Minister Boris Johnson’s vision for the UK in 2030. Aspects covered also include science and technology, the economy, cyber industry, […]
Red Rock-Power Metal increase Victoria licences
Red Rock Australasia Pty Ltd (RRAL) joint venture has been granted two further licences in the Victoria gold fields of Australia. BALLARAT The new five-year licences comprise Blue Stocking (EL007327) 60km2 licence to the south west of Ballarat; and Sardinia (EL007385) 4km2 licence to the north of Daylesford. Partners Power Metal Resources plc (49.9%) and […]
JOG raises £15m via placing and subscription
Jersey Oil & Gas plc announced it had raised £15 million from an oversubscribed placing by way of an accelerated bookbuild. DIRECTOR DEALINGS The funds were raised through the placing of 9,054,548 new ordinary shares (placing shares) and a subscription for 36,361 new ordinary shares (subscription shares) at an issue price of 165 pence per share. Director Role […]