Conroy Gold and Natural Resources plc said it had agreed the main terms of the proposed joint venture (JV) with Turkish miner Demir Export on the Clontibret licence in Ireland. AGREEMENT The JV called Project Inis will involve Demir developing the gold deposit to construction ready status and bringing it into operation as a gold […]
Month: November 2024
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.
Power Metal receives £43,750 via warrant exercise
Power Metal Resources plc received notices to exercise warrants over 6,250,000 new ordinary shares of 0.1 pence each in the company, for £43,750. The warrant shares have an exercise price of 0.7 pence per ordinary share.
Cora Gold raises £4.25m via placing-subscription
Cora Gold Ltd has conditionally raised £4,250,000 before expenses through a placing and subscription. The fundraise was of 42,500,000 new ordinary shares of no par value at a price of 10 pence per ordinary share.
Hummingbird resumes operations at Yanfolila
Hummingbird Resources plc announced that, following recent unrest, it had restarted its Yanfolila gold mine in Mali. PRODUCTION On 29 November, the company paused operations due to public disorder and illegal roadblocks. Hummingbird today said that the Mali government had intervened and restored order in the region. “All employees and contractors have been safely accounted […]
Galantas encouraged by new Cavanacaw surveys
Galantas Gold Corporation said that new geophysical surveys indicated the potential presence of gold-bearing structures near the Cavanacaw gold mine in Omagh, Northern Ireland. TEST GRIDS The company recently conducted induced polarisation (IP) gradient array surveys close to the mine to determine the value of the gradient array method not previously tried in the area. […]