Capricorn Energy plc said that the Indian tax refund of INR79 billion had now been paid and it had received net proceeds of US$1.06bn. The company expects to issue a circular in early March detailing the shareholder resolutions required in connection with the proposed shareholder return of up to $700m. This comprises a $500m tender […]
Month: November 2024
Tertiary to start drilling at Pyramid
Tertiary Minerals plc said it expected to start drilling during March at its Pyramid silver-gold project in Nevada, USA. PROGRAMME The company has awarded the drill contract to Envirotech Drilling LLC to conduct reverse circulation (RC) drilling. Construction of the drill pad and site access is complete. Surface mineralisation extends over a strike extent of […]
Anglesey Mining CEO buys 199,129 shares
Anglesey Mining plc chief executive officer Jo Battershill has purchased 199,129 ordinary shares of 1 pence each at a price of 3.3 pence per ordinary share. Following the transaction Mr Battershill holds 1,787,688 shares in the company, representing 0.1% of the share capital.
Power Metal granted REE-uranium licences at Selta
Power Metal Resources plc said one of its subsidiaries had now been granted all its exploration licences for the rare earth element and uranium project at Selta in the Northern Territory, Australia. LICENCES All three granted Selta exploration licences have a term of six years to 15 February 2028. The grant includes EL32737 (780.85km2), EL32738 (312.17km2) […]
Chesterfield identifies Troodos West 12km trend
Chesterfield Resources plc said it had identified further significant gold-rich and polymetallic mineralisation in a 12km geological trend at its Troodos West project in Cyprus. WESTLAND TREND The company added that its 2,078m diamond drilling in late 2021 had notably enhanced the prospectivity at three target areas of Orchard, Evlim and Evlim South. Assay results […]
Cadence notes revised economics for Yangibana
Cadence Minerals plc noted significant progress and revised economics at the Yangibana rare earth project in the Gascoyne region of Western Australia. JOINT VENTURE The company’s Australian joint venture partner Hastings Technology Metals is the operator of the project. Cadence owns 30% of three mining leases and six exploration licences which form part of the Yangibana […]