Alba Mineral Resources plc has successfully completed the first blast at its Llechfraith priority gold target at Clogau gold mine in north Wales. COMMERCIAL “We are delighted to have successfully and safely completed the first blast at our main gold target at Clogau, the Llechfraith target,” said executive chairman George Frangeskides. “To our knowledge, this is […]
Month: December 2024
Tertiary again refused Storuman mining licence
Tertiary Minerals plc has again been refused a mining concession for its legacy Storuman fluorspar project in Sweden. DISTRACTION The Mining Inspectorate initially granted permission for the 2014 application and then overturned its decision following opposition from the Sami Village – reindeer herders – and the County Administration Board (CAB). Tertiary had argued that the […]
GreenRoc advances Amitsoq production plans
GreenRoc Strategic Materials plc has submitting the project description as part of the exploitation licence process for the planned mine at Amitsoq in southern Greenland. SHIPPING Subject to final approval, public consultation is expected to take place this Autumn. Plans for a graphite active anode materials (AAM) production plant have also advanced with a letter […]
Kavango indicates greater potential at Hillside
Kavango Resources plc said recent drill results strengthened its belief that a wider mineralised system extended at its Hillside gold project in Matabeleland, southern Zimbabwe. BULK Three diamond drillholes at prospect 2 tested for geological continuity of structures, along strike and with increasing depth. The programme also evaluated grade variation within multiple shear zones hosting […]
Dugbe gold project draws third-party interest
Hummingbird Resources plc said that two non-binding expressions of interest had been submitted to acquire its 53% owned investee developing the Dugbe gold project in Liberia. DISCUSSIONS Operator Pasofino Gold Ltd is currently conducting a strategic review aimed at securing financing to advance a definitive feasibility study. The Canadian company is also in discussions with […]
Sunda applies for Philippines offshore licences
Sunda Energy plc has applied for two offshore licence areas in the Philippines containing “several material gas discoveries and significant upside potential”. STRATEGY The applications were made in a joint venture partnership with three other companies. If successful, the company expects to hold a 37.5% non-operated interest in any service contracts awarded. The applications were […]