Metals & Minerals News

Altona significant shareholders’ dealings

Altona Rare Earths plc significant investors have bought and sold shares over the past six days. As at 31 July Tracarta Ltd remains the largest shareholder with 30 million shares, equal to 18.4%. John Story, who previously held 15m shares, now holds none. Richard Jennings who also held 15m shares now has 18.05m, equal to […]

Metals & Minerals News

Condor has ‘preferred bidder’ for La India

Condor Gold plc said that there was still substantial interest, with one preferred bidder, for La India open pit in Nicaragua. CONFIDENT Currently 11 companies are under non-disclosure agreements, five non-binding offers have been received and three site visits completed. Condor added it had received an “additional formal expression of interest” in the past three […]

Metals & Minerals News

Kavango identifies over 90 Karakubis trap sites

Kavango Resources plc has identified more than 90 interpreted trap-site features, with 10 priority targets for phase I drilling, at the 6,200km2 Karakubis copper project in Botswana. GOAL Previous analysis of core indicated the potential for the trap sites, which the company believes are associated with “doubly plunging anticlinal fold and fault structures”. Each potential trap […]

Metals & Minerals News

Fulcrum completes uranium option deal

Fulcrum Metals plc has completed the definitive option agreement to sell the company’s uranium projects in Saskatchewan, Canada. Purchaser Terra Balcanica Resources Corp acquired the option for 100% of the projects by completing four years’ exploration programmes and for staged cash and equity payments. The assets comprise Charlot-Neely, Fontaine Lake, Snowbird and South Pendleton. Proceeds […]

Metals & Minerals News

Panther CEO issued with 63,922 shares

Panther Metals plc chief executive has exercised the conversion rights attaching to the £56,000 of convertible loan notes held by him in respect of principal and accrued interest of £9,520. Following the exercise on 28 July, Darren Hazelwood will be issued with 63,922 new ordinary shares of no par value in the company at £1.025 […]