Altus Strategies plc reported copper and gold royalty revenues of US$1.7 million (pre-tax) in the first quarter since acquiring the royalties portfolio from Newcrest Mining Ltd. INTERESTS The company currently owns 33 royalty interests including royalties on four producing mines of the Caserones copper mine in Chile, the South Kalgoorlie Operations (SKO) gold mine and […]
Month: November 2024
Cornish Tin raises £900,000
Cornish Tin Ltd said the entire allocation of shares for a fundraise had sold out after reaching £900,000 for its Great Wheal Vor project near Breage. Chief executive Sally Norcross-Webb added that the raise, opened at 10am today to those who had previously expressed interest, resulted in an oversubscription of more than 250%.
Conroy Gold granted three new PLs in Longford-Down Massif
Conroy Gold and Natural Resources plc has been granted three further prospecting licences of PL3131, PL4554 and PL4559 in the Longford-Down Massif in Ireland. TRANSFER The company applied for the licences, covering 100 km2 (39 sq miles), prior to completing its joint venture (JV) with Demir Export S.A. Conroy Gold will now apply for the […]
Power Metal intersects near surface gold mineralisation
Power Metal Resources plc announced near surface gold mineralisation intersected from the inaugural drilling programme at its Tati project near Francistown, Botswana. RESULTS Shallow depth reverse circulation (RC) drilling results showed up to 5.17g/t gold over 3m from 9m downhole. The drill programme on PL126/2019 licence also confirmed prospective geological formations. ADDITIONAL LICENCE Power Metal […]
GreenRoc appoints EIA and SIA consultants for TBS ilmenite
GreenRoc Mining plc has appointed two consulting firms to conduct environmental and social assessments at its Thule Black Sands (TBS) ilmenite project in northwest Greenland. STUDIES BioApp Greenland, a Danish-Greenlandic-based contractor and environmental expert, will complete an environmental Impact Assessment (EIA). NIRAS A/S (NIRAS), a Danish/Greenlandic multi-disciplinary engineering consultancy, will undertake the social impact assessment (SIA). […]
IOG needs further studies at shut-in Blythe well
IOG plc said it needed to conduct further processes and safety studies before reopening the shut-in Blythe well at its Saturn Banks project in the Southern North Sea. WORKSTREAMS The company and its offshore duty holder ODE Asset Management (ODEAM) are investigating the chemical injection fault on the Blythe platform which led to the Blythe […]