Metals & Minerals News

Scotgold revenues exceed operational costs at Cononish

Scotgold Resources Ltd said that production revenues have exceeded operating costs for the first time at the Cononish gold-silver mine near Tyndrum in Scotland. REVENUES The company reported that two shipments of gold concentrate completed during August. These were just over 50 tonnes of concentrate at an average of 333g/t Au per tonne, equating to […]

Finance Metals & Minerals News

Galantas lists on OTCQX to attract US investors

Galantas Gold Corporation announced that its common shares have qualified to trade on the OTCQX® Best Market (OTCQX) for its operations at Cavanacaw mine in Omagh. US INVESTORS The Canadian company’s chief executive and director Mario Stifano said that the OTCQX listing in the United States marked an important milestone for the company. “Our decision to cross-trade […]

Metals & Minerals News

Conroy Gold advances JV talks over gold licences in Ireland

Conroy Gold and Natural Resources plc said that the definitive agreements for the proposed joint venture with Demir Export A.S. have reached an advanced stage for the 65km district-scale gold trend in the Longford-Down Massif in Ireland. LICENCES The company added that following completion of documentation an EGM would be held to seek shareholder approval. […]

News Oil & Gas

Block shareholders reject forensic investigation

Block Energy plc’s shareholders today rejected a resolution by 93.7% to hold a forensic investigation into the company’s affairs in onshore oil and gas at West Rustavi, Georgia. The resolution was proposed by Forest Nominees Ltd on behalf of G.P. (Jersey) Ltd and was the second requisitioned general meeting called during July.   Resolution For […]