Finance Metals & Minerals News

Power Metal raises £61,250 via warrant exercise

Power Metal Resources plc has today raised a further £61,250 after receiving notice to exercise warrants over 8,750,000 new ordinary shares of 0.1 pence each in the company. The warrant shares are being issued pursuant to the exercise of 8,750,000 warrants at an exercise price of 0.7 pence per ordinary share of 0.1 pence each.

Metals & Minerals News

Cornish Lithium releases MRE for Trelavour hard rock

Cornish Lithium Ltd announced an initial JORC-compliant estimate for inferred resource at its Trelavour hard rock project in Cornwall. REPORT Mining Plus UK Ltd conducted the mineral resource estimate (MRE) for the project which lies in a non-operational china clay pit in St Austell.   The total MRE is 1.7 million tonnes inferred resource at […]

News Oil & Gas

Scirocco notes Phase I of 3D seismic at Ruvuma

Scirocco Energy plc announced that the first phase of the 3D seismic project has started on the onshore Ruvuma gas production sharing agreement (PSA) in Tanzania. FIRST PHASE The appointed sub-contractor began preparatory works as planned on 15 November ahead of the start of mobilisation next week. Scirocco expects the survey to begin on 15 […]

Metals & Minerals News

Power Metal reports high grade overlimit assay results at Silver Peak

Power Metal Resources plc reported high grade overlimit assay results from its 2021 diamond drilling exploration campaign at the Silver Peak project in British Columbia. SIGNIFICANT Phase 1 of the programme comprised 19 short cored drill holes with overlimit assays on all copper, antimony and lead results which returned >10,000 ppm (1%) from the original laboratory […]

Metals & Minerals News

Altona CEO in shares purchase

Altona Rare Earths plc announced that on 1 December 2021 its chief executive officer purchased on the open market 66,560 new ordinary shares at a price of 11.3 pence in the company. Christian Taylor-Wilkinson now holds a total interest in 1,912,371 shares, or 6.3% of the enlarged share capital of the company.