Galantas Gold Corporation said it had increased confidence in developing Cavanacaw gold mine after completing trial stoping at the site in Omagh, County Tyrone. OPTIMISATION The Canadian company successfully mined and backfilled six stopes using a narrow vein, modified Avoca longhole open stoping method, in two separate blocks. A planned minimum stope width of 2.2 […]
Day: 17 September 2024
Power Metal signs 75% option for Cherished Hope
Power Metal Resources plc has signed a 75% share option over its 100% owned licence, containing the Cherished Hope gold mine, on the Tati Greenstone Belt, Botswana. MINING The agreement is between its local subsidiary Tati Greenstone Resources Pty Ltd (TGR) and Tuscan Holding Pty Ltd which is held by Medici Mining Investment LLC registered in Delaware, USA. If […]
Red Rock takes 100% of Australia gold JV
Red Rock Resources plc now owns 100% of its Australian gold joint venture after completing the purchase of its partner’s share. The company bought Power Metal Resources plc’s 49.9% interest in subsidiary New Ballarat Gold Corporation plc, which wholly owns local operator Red Rock Australasia Pty Ltd. The transaction covers exploration licences in the Victoria […]
Kistos appoints Stephen Pawson as board NED
Kistos Holdings plc has appointed Stephen Pawson to the board as an independent non-executive director with immediate effect. He replaces Julie Barlow, who today steps down to focus on other professional commitments. “I would like to express a huge debt of gratitude to Julie, who has served Kistos tirelessly since its inception in 2020,” said […]
Angus appoints Antoine Vayner as board NED
Angus Energy has appointed Antoine Vayner to the board as a non-executive director, representing its largest shareholder Kemexon Ltd. The company said that his appointment should enable it to pursue identified growth opportunities. Mr Vayner is experienced in origination and execution of a variety of transactions in the energy sector. He previously worked for St […]
Borders appoints W. Sean Guest as NED
Borders & Southern Petroleum plc has appointed W. Sean Guest as a non-executive director with immediate effect. Dr Guest has worked in the oil and gas industry for more than 35 years and is currently president and chief executive officer of Valeura Energy Inc. He was previously CEO of two private junior companies and has […]