Central Asia Metals plc (CAM) has completed the river remediation works, so closing the tailings storage facility leakage issue at the Sasa zinc-lead mine in North Macedonia. The announcement was part of CAM’s operational review of the first half of 2021 at the Kounrad dump leach, solvent extraction and electro-winning (SX-EW) copper recovery plant in […]
Day: 15 November 2024
CAML deputy chairman Nigel Hurst-Brown to retire
Central Asia Metals plc announced that deputy chairman Nigel Hurst-Brown will retire from the company board as of 31 July 2021. “Nigel Hurst-Brown was our first chairman, guiding CAML through its listing on the AIM market of the London Stock Exchange in 2010, until my transition to Chairman in 2016,” said non-executive chairman Nick Clarke. […]
Banks to open new projects and close Dewley Hill coal plan
Banks Mining said it was looking to new opportunities after deciding not to appeal against the refusal for its planned open cast coal mine at Dewley Hill, near Throckley on the border of Newcastle and Northumberland. Newcastle City Council rejected the proposals last year over environmental concerns. The Northern Echo reported that the skills of […]
New zone and encouraging drill results for Altus at Tabakorole gold JV
Altus Strategies plc reported further encouraging diamond drill results and a new zone of gold mineralisation near the main deposit at Tabakorole, southern Mali. RESULTS The diamond drill programme in process totals 19 holes for 3,400m. Results from first six holes for 1,126m include:– 2.0 g/t Au over 13m from 174m– 3.9 g/t Au over […]
Power Metal raises £87,500 through warrant exercise
Power Metal Resources plc raised £87,500 after receiving notices to exercise warrants over 12,500,000 new ordinary shares of 0.1 pence each in the company (warrant shares). The warrant shares are being issued pursuant to the exercise of 12,500,000 warrants at an exercise price of 0.7 pence per ordinary share of 0.1 pence each.