Hummingbird Resources plc said that Pasofino Gold Ltd expects to complete the feasibility study (FS) in April 2022 for the Dugbe joint venture (JV) gold project in Liberia. GOLD RECOVERIES The FS confirms gold recoveries of between 85% and 91%, depending on whether carbon-in-leach (CIL) or CIL with flotation circuit is selected. Hummingbird added that […]
Day: 15 November 2024
Hurricane interim chairman John Wright to step down
Hurricane Energy plc announced that John Wright has agreed to step down from the role of interim chairman. The move is in connection with a request from activist investor Crystal Amber Fund Ltd to appoint Juan Morera to the board as non-executive director (NED). Hurricane said it anticipated that Mr Morera would join the board on completion […]
Power Metal mulls sale of Reitenbach at Athabasca
Power Metal Resources plc said it was reviewing strategies, including a sale, for its Reitenbach uranium property at Athabasca in northern Saskatchewan, Canada. STRATEGY The company has also recruited a uranium-focused team member to advance its interests. Reitenbach (146km2) is one of Power Metal’s seven 100% owned interests in its Athabasca portfolio covering a total […]