Tertiary Minerals plc today said it would continue its focus on “the most widely used battery metal” – copper – at the company’s projects in Zambia and central Nevada, USA. BRUNTON PASS The company will next week begin a trenching programme at its 100%-owned Brunton Pass copper project. The programme comprises up to 950m trenching […]
Month: November 2024
Tertiary terminates Pyramid silver-gold project
Tertiary Minerals plc said it had terminated its Pyramid silver-gold project in Nevada, USA. PRIORITIES The move comes after drilling earlier in the year, which failed to show significant results at the North Ruth target. Executive chairman Patrick Cheetham added that decision followed positive results from Jacks copper project in Zambia and a company review […]
Anglesey assays show mineralised system at White Rock
Anglesey Mining plc said its second round of assay results showed an “extensive mineralised system” in the White Rock deposit at the company’s polymetallic project on Parys Mountain on Anglesey, Wales. WHITE ROCK The company, which owns 100% of the copper-zinc-lead-silver-gold volcanogenic massive sulphide project, added that the results also showed multiple broad intercepts. Micon […]
Power Metal receives £129,868 via warrant exercise
Power Metal Resources plc raised £129,868 after receiving notice to exercise warrants over 17,315,789 new ordinary shares of 0.1 pence at an exercise price of 0.75p. Following admission, the company’s issued share capital will comprise 1,498,101,935 ordinary shares of 0.1p each.
NSTA appoints Stuart Payne as new CEO
The North Sea Transition Authority (NSTA) has appointed Stuart Payne as the new chief executive officer, effective 1 January 2023. CURRENT POSTS He will succeed outgoing CEO Dr Andy Samuel, who has held the post since NSTA’s creation as the Oil and Gas Authority in 2015. An experienced business leader and current NSTA supply chain, […]
Kavango’s Ditau rare earth and KCB projects valued at $8 million
Kavango Resources plc said it had received an independent valuation of US$8 million for its rare earth element (REE) Ditau Camp and Kalahari Copper Belt (KCB) joint venture in Botswana. VALUATION The 50-50 JV, under Kanye Resources plc, is between Power Metal Resources plc and operator Kavango which intends to regain 100% control of the […]