Scotgold Resources Ltd announced record production for April and May 2022 at its Cononish gold and silver mine, near Tyndrum in Scotland. PRODUCTION Production for the two months amounted to 1,984 oz gold and 10,810 oz silver. The Australian-owned company said it was on course to achieve upper quartile and/or exceed Q2 2022 target of […]
Day: 15 November 2024
Baron relinquishes Peru legacy asset
Baron Oil plc said it had relinquished its legacy licence Block XXI – El Barco in Peru and had its US$160,000 bank guarantee returned. ABANDONMENT The company’s decision followed frustrated attempts to access the area to conduct operations. Baron Oil added that it would, through its subsidiary Gold Oil Peru SAC, work with the Peruvian […]
Altus receives record $1.5m from Caserones
Altus Strategies plc said higher prices and production resulted in a record quarterly royalty pre-tax income of US$1.54 million for Q1 2022 from the Caserones copper mine in northern Chile. CASERONES The Caserones mine is a large, open-pit copper-molybdenum porphyry deposit, located within a 17,000 hectare land package approximately 4,300m above sea level in the […]