Hummingbird Resources plc said it had completed its GAP analysis as part of a series of programmes for its environment, social and governance (ESGs) practices near its Yanfolila gold mine in Mali, West Africa. SOCIAL World Gold Council Responsible Gold Mining Principles (RGMPs): Hummingbird’s GAP analysis was completed towards the end of Q2 2021. This is […]
Day: 15 November 2024
Cadence cautious on Yangibana ore sorting test results
Cadence Minerals plc said it needed further information before assessing recent positive results from ore sorting test work outside its own rare earths interests at Yangibana in the Gascoyne, Western Australia. LICENCE The company is a 30% joint venture partner on three mining leases and six exploration licences. Hastings Technology Metals Ltd holds 70% on […]
Hummingbird revenue falls with output weighted in H2
Hummingbird Resources plc recorded a fall in revenue and swung to a loss as the company expects production to be weighted in the second half of 2021 at its Yanfolila gold mine in Mali, West Africa. FINANCES In its unaudited results for the six months ended 30 June 2021, the company reported revenue of US$87 million (H1 […]
Altus Strategies revenue and cash rise at West Africa projects
Altus Strategies plc ended the first half of 2021 with a strong cash balance and an increase in profits from its mining projects in West Africa. FINANCES In financial results for the six months ended 30 June 2021, the company reported a cash balance of £10,808,985 (H1 2020: £5,937,486) following a private placement in March […]
Power Metal receives £43,750 via warrant exercise
Power Metal Resources plc received £43,750 following notices to exercise warrants over 6,250,000 new ordinary shares of 0.1 pence each in the company. The warrant shares are each being issued at an exercise price of 0.7 pence.