Metals & Minerals News

WCM to start coking coal production in 2025

West Cumbria Mining Ltd (WCM) said it aimed to begin producing coking coal during the first half of 2025 from its deep mine off the coast of Whitehaven. TIMELINE The company, which has published a timeline of its planned programme, has also moved its register inspection address from Surrey closer to its planned operations at Haig […]

News Oil & Gas

Harbour chairman sells 2m shares for £6.38m

Harbour Energy plc chairman R. Blair Thomas has sold two million shares in the company for approximately £6.3 million. DIRECTOR DEALINGS On 8 February 2023, EIG Separate Investments (Cayman) LP closely associated with Mr Thomas sold 665,290 each at a price of approx. £3.18; on 9 February 584,710 shares each at approx. £3.19; and 10 February […]

Finance Metals & Minerals News

Galantas borrows £347,000 for Gairloch

Galantas Gold Corporation has agreed a £347,000 loan from major shareholder Melquart Ltd for the initial lease payment for the recently acquired Gairloch project in Scotland. TERMS The Canadian company is targeting the gold-bearing volcanogenic massive sulphide deposit on land owned by the Gairloch Estate in Wester Ross in the North-West Highlands.  The loan is […]