Condor Gold plc chief executive Mark Child has received a bonus of 235,294 shares at 28 pence each in the company for the financial year ended 31 December 2023. The company’s remuneration committee recommended the bonus which the board approved with Mr Child absent from the process. Following the issue of the 235,294 payment shares, […]
Month: September 2024
Panther sells 1m shares in Australia spin-out
Panther Metals plc has sold part of its holding in its Australian spin-out Panther Metals Ltd. The sale of 1,131,446 shares for $55,615, approximately £28,935.00, is a net decrease of 5.66% in its interest. The company now holds 18,868,555 shares in Panther Metals Ltd, equivalent to 21.65% of the total outstanding issued capital. Panther’s own […]
Corcel partner halts TO-13 drill on ‘minimal oil’
Corcel plc said that initial drilling and testing had been suspended of its onshore TO-13 well in Angola following “inconclusive results”. POTENTIAL “After several weeks of well testing and engineering efforts the well has produced minimal levels of water and oil to date,” added the company. Operator Sonangol will turn its focus to geological and geophysical […]
GreenRoc raises £110,000 via subscription
GreenRoc Mining plc has this week raised a further £110,000 via a subscription of a total 6,111,108 new ordinary shares of 0.1 pence each at a price of 1.8 pence per share. DIRECTORS/PDMRs The company’s directors, persons discharging managerial responsibilities, its largest shareholder Alba Mineral Resources plc and a number of Alba concert parties took […]
Alba extends lithium option and progresses Clogau
Alba Mineral Resources plc has extended the due diligence period for the Andover West lithium project in Western Australia while progressing operations at its Clogau-St David’s gold mine. DEWATERING The company now has until 18 June 2024 to decide whether it wishes to acquire an initial 50% interest in the lithium rights over the West […]
Alba appoints Kobus Byleveldt as mine manager
Alba Mineral Resources plc has appointed Kobus Byleveldt as mine and operations manager at Clogau-St David’s gold mine. Mr Byleveldt has more than 26 years’ mining and management experience within the gold mining sector in South Africa and Scotland, including in mine planning, construction and development. He was most recently mine manager, for approximately 2.5 years, at the […]