Hummingbird Resources plc’s investee and owner of the Liberian Dugbe gold project has appointed Brett A. Richards as chief executive officer with immediate effect. The company holds a 53% interest in Pasofino Gold Ltd which in September was under a US$75 million offer. Mr Richards has more than 37 years’ mining and metals industry experience […]
Day: 2 December 2024
Power uranium JV renamed Fermi Exploration
Power Metal Resources plc’s uranium joint venture with UCAM Ltd has been named Fermi Exploration Ltd. The company said that the name commemorated the pioneering work of Italian-American physicist Enrico Fermi in developing the first nuclear reactor. Fermi Exploration is registered in Vancouver, Canada. The JV’s assets include all licences previously held by Power Metal in […]
Condor receives non-binding buyout offers
Condor Gold plc has received non-binding offers including a $90.1 million cash-shares acquisition by Metals Exploration plc and an undisclosed proposal from Calibre Mining Corp. GALLOWAY Condor’s 24.7% shareholder Galloway Ltd, owned by Condor non-executive chairman Jim Mellon, has made an irrevocable undertaking to sell its share to Metals. Galloway holds 50,512,597 shares and 892,857 share […]